Mammoth Resources Corp Stock Market Value
| MTH Stock | CAD 0.03 0.00 0.00% |
| Symbol | Mammoth |
Mammoth Resources Corp Price To Book Ratio
Mammoth 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 Mammoth 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 Mammoth Resources.
| 05/31/2024 |
| 11/27/2024 |
If you would invest 0.00 in Mammoth Resources on May 31, 2024 and sell it all today you would earn a total of 0.00 from holding Mammoth Resources Corp or generate 0.0% return on investment in Mammoth Resources over 180 days. Mammoth Resources is related to or competes with Primaris Retail, Nicola Mining, Bragg Gaming, Plaza Retail, Diamond Estates, Metalero Mining, and HOME DEPOT. Mammoth Resources Corp., a mineral exploration company, focuses on acquiring and defining gold and silver resources in M... More
Mammoth 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 Mammoth 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 Mammoth Resources Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1438 | |||
| Maximum Drawdown | 100.0 | |||
| Value At Risk | (20.00) | |||
| Potential Upside | 50.0 |
Mammoth Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mammoth Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mammoth Resources' standard deviation. In reality, there are many statistical measures that can use Mammoth Resources historical prices to predict the future Mammoth Resources' volatility.| Risk Adjusted Performance | 0.1253 | |||
| Jensen Alpha | 2.68 | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (3.57) |
Mammoth Resources Corp Backtested Returns
Mammoth Resources is out of control given 3 months investment horizon. Mammoth Resources Corp has Sharpe Ratio of 0.16, which conveys that the firm had a 0.16% return per unit of risk over the last 3 months. We were able to interpolate nineteen different technical indicators, which can help you to evaluate if expected returns of 2.72% are justified by taking the suggested risk. Use Mammoth Resources Corp Mean Deviation of 8.19, standard deviation of 17.18, and Risk Adjusted Performance of 0.1253 to evaluate company specific risk that cannot be diversified away. Mammoth Resources holds a performance score of 12 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -0.73, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Mammoth Resources are expected to decrease at a much lower rate. During the bear market, Mammoth Resources is likely to outperform the market. Use Mammoth Resources Corp information ratio, potential upside, as well as the relationship between the Potential Upside and day median price , to analyze future returns on Mammoth Resources Corp.
Auto-correlation | -0.62 |
Very good reverse predictability
Mammoth Resources Corp has very good reverse predictability. Overlapping area represents the amount of predictability between Mammoth Resources time series from 31st of May 2024 to 29th of August 2024 and 29th of August 2024 to 27th 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 Mammoth Resources Corp price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current Mammoth Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.62 | |
| Spearman Rank Test | -0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Mammoth Resources Corp lagged returns against current returns
Autocorrelation, which is Mammoth 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 Mammoth Resources' stock expected returns. We can calculate the autocorrelation of Mammoth Resources returns to help us make a trade decision. For example, suppose you find that Mammoth 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 |
Mammoth 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 Mammoth Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mammoth Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mammoth Resources stock over time.
Current vs Lagged Prices |
| Timeline |
Mammoth Resources Lagged Returns
When evaluating Mammoth Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mammoth Resources stock have on its future price. Mammoth 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, Mammoth Resources autocorrelation shows the relationship between Mammoth Resources stock current value and its past values and can show if there is a momentum factor associated with investing in Mammoth Resources Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Mammoth Stock Analysis
When running Mammoth Resources' price analysis, check to measure Mammoth 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 Mammoth Resources is operating at the current time. Most of Mammoth Resources' value examination focuses on studying past and present price action to predict the probability of Mammoth Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mammoth Resources' price. Additionally, you may evaluate how the addition of Mammoth Resources to your portfolios can decrease your overall portfolio volatility.