Maritime Resources Corp Stock Market Value
| MRTMF Stock | USD 0.04 0.00 0.00% |
| Symbol | Maritime |
Maritime 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 Maritime 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 Maritime Resources.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Maritime Resources on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Maritime Resources Corp or generate 0.0% return on investment in Maritime Resources over 540 days. Maritime Resources is related to or competes with Steppe Gold, Cerrado Gold, Aurion Resources, Rupert Resources, Robex Resources, White Gold, and Bluestone Resources. Maritime Resources Corp., an exploration stage company, engages in the exploration and development of mineral properties More
Maritime 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 Maritime 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 Maritime Resources Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 21.17 | |||
| Information Ratio | 0.1144 | |||
| Maximum Drawdown | 130.0 | |||
| Value At Risk | (25.71) | |||
| Potential Upside | 37.14 |
Maritime Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Maritime Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Maritime Resources' standard deviation. In reality, there are many statistical measures that can use Maritime Resources historical prices to predict the future Maritime Resources' volatility.| Risk Adjusted Performance | 0.1019 | |||
| Jensen Alpha | 2.77 | |||
| Total Risk Alpha | (0.64) | |||
| Sortino Ratio | 0.1125 | |||
| Treynor Ratio | (1.07) |
Maritime Resources Corp Backtested Returns
Maritime Resources is out of control given 3 months investment horizon. Maritime Resources Corp has Sharpe Ratio of 0.11, which conveys that the firm had a 0.11% 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 2.38% are justified by taking the suggested risk. Use Maritime Resources Corp Mean Deviation of 12.01, risk adjusted performance of 0.1019, and Downside Deviation of 21.17 to evaluate company specific risk that cannot be diversified away. Maritime Resources holds a performance score of 8 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -2.34, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Maritime Resources are expected to decrease by larger amounts. On the other hand, during market turmoil, Maritime Resources is expected to outperform it. Use Maritime Resources Corp maximum drawdown and the relationship between the semi variance and market facilitation index , to analyze future returns on Maritime Resources Corp.
Auto-correlation | -0.31 |
Poor reverse predictability
Maritime Resources Corp has poor reverse predictability. Overlapping area represents the amount of predictability between Maritime Resources time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 Maritime Resources Corp price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current Maritime Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Maritime Resources Corp lagged returns against current returns
Autocorrelation, which is Maritime 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 Maritime Resources' pink sheet expected returns. We can calculate the autocorrelation of Maritime Resources returns to help us make a trade decision. For example, suppose you find that Maritime 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 |
Maritime 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 Maritime Resources pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Maritime 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 Maritime Resources pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Maritime Resources Lagged Returns
When evaluating Maritime Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Maritime Resources pink sheet have on its future price. Maritime 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, Maritime Resources autocorrelation shows the relationship between Maritime Resources pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Maritime Resources Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Maritime Pink Sheet
Maritime Resources financial ratios help investors to determine whether Maritime 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 Maritime with respect to the benefits of owning Maritime Resources security.