Millennium Prime Stock Market Value
| MLMN Stock | USD 0 0.0009 23.08% |
| Symbol | Millennium |
Millennium Prime '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 Millennium Prime's 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 Millennium Prime.
| 11/26/2025 |
| 12/26/2025 |
If you would invest 0.00 in Millennium Prime on November 26, 2025 and sell it all today you would earn a total of 0.00 from holding Millennium Prime or generate 0.0% return on investment in Millennium Prime over 30 days. Millennium Prime, Inc. develops, acquires, and markets lifestyle brands and products for the Millennial marketplace More
Millennium Prime 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 Millennium Prime's 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 Millennium Prime upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 19.98 | |||
| Information Ratio | 0.0943 | |||
| Maximum Drawdown | 354.92 | |||
| Value At Risk | (17.65) | |||
| Potential Upside | 14.29 |
Millennium Prime Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Millennium Prime's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Millennium Prime's standard deviation. In reality, there are many statistical measures that can use Millennium Prime historical prices to predict the future Millennium Prime's volatility.| Risk Adjusted Performance | 0.0776 | |||
| Jensen Alpha | 3.43 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.1889 | |||
| Treynor Ratio | 0.651 |
Millennium Prime Backtested Returns
Millennium Prime is out of control given 3 months investment horizon. Millennium Prime has Sharpe Ratio of 0.1, which conveys that the firm had a 0.1 % return per unit of risk over the last 3 months. We have collected data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 4.09% are justified by taking the suggested risk. Use Millennium Prime Risk Adjusted Performance of 0.0776, mean deviation of 10.92, and Downside Deviation of 19.98 to evaluate company specific risk that cannot be diversified away. Millennium Prime holds a performance score of 7 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 5.91, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Millennium Prime will likely underperform. Use Millennium Prime treynor ratio, as well as the relationship between the semi variance and rate of daily change , to analyze future returns on Millennium Prime.
Auto-correlation | 0.30 |
Below average predictability
Millennium Prime has below average predictability. Overlapping area represents the amount of predictability between Millennium Prime time series from 26th of November 2025 to 11th of December 2025 and 11th of December 2025 to 26th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Millennium Prime price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current Millennium Prime price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | 0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Millennium Prime lagged returns against current returns
Autocorrelation, which is Millennium Prime 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 Millennium Prime's pink sheet expected returns. We can calculate the autocorrelation of Millennium Prime returns to help us make a trade decision. For example, suppose you find that Millennium Prime 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 |
| Timeline |
Millennium Prime 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 Millennium Prime pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Millennium Prime pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Millennium Prime pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Millennium Prime Lagged Returns
When evaluating Millennium Prime's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Millennium Prime pink sheet have on its future price. Millennium Prime 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, Millennium Prime autocorrelation shows the relationship between Millennium Prime pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Millennium Prime.
Regressed Prices |
| Timeline |
Pair Trading with Millennium Prime
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Millennium Prime position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Millennium Prime will appreciate offsetting losses from the drop in the long position's value.Moving against Millennium Pink Sheet
| 0.58 | PRNDY | Pernod Ricard SA | PairCorr |
| 0.56 | PDRDF | Pernod Ricard SA | PairCorr |
| 0.56 | DEO | Diageo PLC ADR | PairCorr |
| 0.53 | DGEAF | Diageo plc | PairCorr |
The ability to find closely correlated positions to Millennium Prime could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Millennium Prime when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Millennium Prime - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Millennium Prime to buy it.
The correlation of Millennium Prime is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Millennium Prime moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Millennium Prime moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Millennium Prime can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Millennium Pink Sheet
Millennium Prime financial ratios help investors to determine whether Millennium 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 Millennium with respect to the benefits of owning Millennium Prime security.