Medallion Resources Stock Market Value
| MLLOF Stock | USD 0.06 0.01 12.00% |
| Symbol | Medallion |
Medallion Resources 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Medallion Resources' pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Medallion Resources.
| 12/29/2023 |
| 11/23/2024 |
If you would invest 0.00 in Medallion Resources on December 29, 2023 and sell it all today you would earn a total of 0.00 from holding Medallion Resources or generate 0.0% return on investment in Medallion Resources over 330 days. Medallion Resources is related to or competes with South Star, and Mundoro Capital. Medallion Resources Ltd. focuses on a rare earth element business More
Medallion Resources Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Medallion Resources' pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Medallion Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 11.98 | |||
| Information Ratio | 5.0E-4 | |||
| Maximum Drawdown | 53.43 | |||
| Value At Risk | (17.62) | |||
| Potential Upside | 25.14 |
Medallion Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Medallion Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Medallion Resources' standard deviation. In reality, there are many statistical measures that can use Medallion Resources historical prices to predict the future Medallion Resources' volatility.| Risk Adjusted Performance | 0.0182 | |||
| Jensen Alpha | 0.1439 | |||
| Total Risk Alpha | (1.75) | |||
| Sortino Ratio | 5.0E-4 | |||
| Treynor Ratio | (0.89) |
Medallion Resources Backtested Returns
At this point, Medallion Resources is out of control. Medallion Resources has Sharpe Ratio of 0.0138, which conveys that the firm had a 0.0138% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Medallion Resources, which you can use to evaluate the volatility of the firm. Please verify Medallion Resources' Risk Adjusted Performance of 0.0182, mean deviation of 7.91, and Downside Deviation of 11.98 to check out if the risk estimate we provide is consistent with the expected return of 0.17%. Medallion Resources has a performance score of 1 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.14, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Medallion Resources are expected to decrease at a much lower rate. During the bear market, Medallion Resources is likely to outperform the market. Medallion Resources right now secures a risk of 12.0%. Please verify Medallion Resources information ratio, downside variance, day typical price, as well as the relationship between the treynor ratio and kurtosis , to decide if Medallion Resources will be following its current price movements.
Auto-correlation | -0.52 |
Good reverse predictability
Medallion Resources has good reverse predictability. Overlapping area represents the amount of predictability between Medallion Resources time series from 29th of December 2023 to 11th of June 2024 and 11th of June 2024 to 23rd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Medallion Resources price movement. The serial correlation of -0.52 indicates that about 52.0% of current Medallion Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.52 | |
| Spearman Rank Test | -0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Medallion Resources lagged returns against current returns
Autocorrelation, which is Medallion Resources pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Medallion Resources' pink sheet expected returns. We can calculate the autocorrelation of Medallion Resources returns to help us make a trade decision. For example, suppose you find that Medallion Resources has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
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Medallion Resources regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Medallion Resources pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Medallion Resources pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Medallion Resources pink sheet over time.
Current vs Lagged Prices |
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Medallion Resources Lagged Returns
When evaluating Medallion Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Medallion Resources pink sheet have on its future price. Medallion Resources autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Medallion Resources autocorrelation shows the relationship between Medallion Resources pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Medallion Resources.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Medallion Pink Sheet
Medallion Resources financial ratios help investors to determine whether Medallion Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Medallion with respect to the benefits of owning Medallion Resources security.