Metro Mining Limited Stock Market Value
| MMILF Stock | USD 0.06 0.01 21.78% |
| Symbol | Metro |
Metro Mining '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 Metro Mining'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 Metro Mining.
| 01/21/2025 |
| 01/16/2026 |
If you would invest 0.00 in Metro Mining on January 21, 2025 and sell it all today you would earn a total of 0.00 from holding Metro Mining Limited or generate 0.0% return on investment in Metro Mining over 360 days. Metro Mining is related to or competes with CITIC Resources, Aurelia Metals, NorthIsle Copper, Erdene Resource, Entree Resources, TIMIA Capital, and Magna Mining. Metro Mining Limited operates as an exploration and mining company in Australia and China More
Metro Mining 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 Metro Mining'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 Metro Mining Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.023 | |||
| Maximum Drawdown | 58.33 | |||
| Value At Risk | (3.23) | |||
| Potential Upside | 6.67 |
Metro Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Metro Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Metro Mining's standard deviation. In reality, there are many statistical measures that can use Metro Mining historical prices to predict the future Metro Mining's volatility.| Risk Adjusted Performance | 0.0365 | |||
| Jensen Alpha | 0.3662 | |||
| Total Risk Alpha | (0.69) | |||
| Treynor Ratio | (0.21) |
Metro Mining Limited Backtested Returns
Metro Mining appears to be out of control, given 3 months investment horizon. Metro Mining Limited has Sharpe Ratio of 0.0642, which conveys that the firm had a 0.0642 % return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Metro Mining, which you can use to evaluate the volatility of the firm. Please exercise Metro Mining's Standard Deviation of 6.53, mean deviation of 2.2, and Risk Adjusted Performance of 0.0365 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Metro Mining holds a performance score of 5. The company secures a Beta (Market Risk) of -1.17, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Metro Mining are expected to decrease by larger amounts. On the other hand, during market turmoil, Metro Mining is expected to outperform it. Please check Metro Mining's total risk alpha, kurtosis, as well as the relationship between the Kurtosis and day typical price , to make a quick decision on whether Metro Mining's current price movements will revert.
Auto-correlation | 0.33 |
Below average predictability
Metro Mining Limited has below average predictability. Overlapping area represents the amount of predictability between Metro Mining time series from 21st of January 2025 to 20th of July 2025 and 20th of July 2025 to 16th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Metro Mining Limited price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Metro Mining price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Metro Mining Limited lagged returns against current returns
Autocorrelation, which is Metro Mining 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 Metro Mining's pink sheet expected returns. We can calculate the autocorrelation of Metro Mining returns to help us make a trade decision. For example, suppose you find that Metro Mining 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 |
Metro Mining 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 Metro Mining pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Metro Mining pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Metro Mining pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Metro Mining Lagged Returns
When evaluating Metro Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Metro Mining pink sheet have on its future price. Metro Mining 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, Metro Mining autocorrelation shows the relationship between Metro Mining pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Metro Mining Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Metro Pink Sheet
Metro Mining financial ratios help investors to determine whether Metro 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 Metro with respect to the benefits of owning Metro Mining security.