Montego Resources Stock Market Value
| MONGF Stock | USD 0.06 0.00 0.00% |
| Symbol | Montego |
Montego 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 Montego 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 Montego Resources.
| 12/16/2025 |
| 01/15/2026 |
If you would invest 0.00 in Montego Resources on December 16, 2025 and sell it all today you would earn a total of 0.00 from holding Montego Resources or generate 0.0% return on investment in Montego Resources over 30 days. Montego Resources Inc., a junior mineral exploration company, acquires, explores for, and evaluates natural resource pro... More
Montego 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 Montego 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 Montego Resources upside and downside potential and time the market with a certain degree of confidence.
Montego Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Montego Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Montego Resources' standard deviation. In reality, there are many statistical measures that can use Montego Resources historical prices to predict the future Montego Resources' volatility.Montego Resources Backtested Returns
We have found three technical indicators for Montego Resources, which you can use to evaluate the volatility of the firm. The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and Montego Resources are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
Montego Resources has perfect predictability. Overlapping area represents the amount of predictability between Montego Resources time series from 16th of December 2025 to 31st of December 2025 and 31st of December 2025 to 15th 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 Montego Resources price movement. The serial correlation of 1.0 indicates that 100.0% of current Montego Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Montego Resources lagged returns against current returns
Autocorrelation, which is Montego 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 Montego Resources' pink sheet expected returns. We can calculate the autocorrelation of Montego Resources returns to help us make a trade decision. For example, suppose you find that Montego 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 |
| Timeline |
Montego 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 Montego Resources pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Montego 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 Montego Resources pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Montego Resources Lagged Returns
When evaluating Montego Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Montego Resources pink sheet have on its future price. Montego 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, Montego Resources autocorrelation shows the relationship between Montego Resources pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Montego Resources.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Montego Pink Sheet
Montego Resources financial ratios help investors to determine whether Montego 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 Montego with respect to the benefits of owning Montego Resources security.