Marquee Resources (Australia) Market Value
| MQR Stock | 0.01 0 7.14% |
| Symbol | Marquee |
Marquee 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 Marquee Resources' stock 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 Marquee Resources.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Marquee Resources on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Marquee Resources or generate 0.0% return on investment in Marquee Resources over 30 days. Marquee Resources is related to or competes with Northern Star, Evolution Mining, Bluescope Steel, Sandfire Resources, Aneka Tambang, Perseus Mining, and De Grey. Marquee Resources is entity of Australia More
Marquee 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 Marquee Resources' stock 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 Marquee Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.72 | |||
| Information Ratio | 0.0321 | |||
| Maximum Drawdown | 46.67 | |||
| Value At Risk | (10.00) | |||
| Potential Upside | 12.5 |
Marquee Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Marquee Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Marquee Resources' standard deviation. In reality, there are many statistical measures that can use Marquee Resources historical prices to predict the future Marquee Resources' volatility.| Risk Adjusted Performance | 0.0468 | |||
| Jensen Alpha | 0.5204 | |||
| Total Risk Alpha | (0.83) | |||
| Sortino Ratio | 0.0315 | |||
| Treynor Ratio | (0.28) |
Marquee Resources Backtested Returns
Marquee Resources appears to be out of control, given 3 months investment horizon. Marquee Resources has Sharpe Ratio of 0.0311, which conveys that the firm had a 0.0311% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Marquee Resources, which you can use to evaluate the volatility of the firm. Please exercise Marquee Resources' Downside Deviation of 7.72, risk adjusted performance of 0.0468, and Mean Deviation of 4.64 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Marquee Resources holds a performance score of 2. The company secures a Beta (Market Risk) of -1.3, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Marquee Resources are expected to decrease by larger amounts. On the other hand, during market turmoil, Marquee Resources is expected to outperform it. Please check Marquee Resources' treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Marquee Resources' current price movements will revert.
Auto-correlation | -0.29 |
Weak reverse predictability
Marquee Resources has weak reverse predictability. Overlapping area represents the amount of predictability between Marquee Resources time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Marquee Resources price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current Marquee Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Marquee Resources lagged returns against current returns
Autocorrelation, which is Marquee Resources stock'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 Marquee Resources' stock expected returns. We can calculate the autocorrelation of Marquee Resources returns to help us make a trade decision. For example, suppose you find that Marquee Resources has exhibited high autocorrelation historically, and you observe that the stock 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 |
Marquee 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 Marquee Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Marquee Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Marquee Resources stock over time.
Current vs Lagged Prices |
| Timeline |
Marquee Resources Lagged Returns
When evaluating Marquee Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Marquee Resources stock have on its future price. Marquee 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, Marquee Resources autocorrelation shows the relationship between Marquee Resources stock current value and its past values and can show if there is a momentum factor associated with investing in Marquee Resources.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Marquee Stock Analysis
When running Marquee Resources' price analysis, check to measure Marquee Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Marquee Resources is operating at the current time. Most of Marquee Resources' value examination focuses on studying past and present price action to predict the probability of Marquee Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Marquee Resources' price. Additionally, you may evaluate how the addition of Marquee Resources to your portfolios can decrease your overall portfolio volatility.