Metals Exploration (UK) Market Value
| MTL Stock | 5.10 0.25 4.67% |
| Symbol | Metals |
Metals Exploration '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 Metals Exploration's 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 Metals Exploration.
| 01/01/2025 |
| 01/31/2025 |
If you would invest 0.00 in Metals Exploration on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding Metals Exploration Plc or generate 0.0% return on investment in Metals Exploration over 30 days. Metals Exploration is related to or competes with Norman Broadbent, Coor Service, Gamma Communications, Charter Communications, Batm Advanced, Kaufman Et, and Universal Display. Metals Exploration is entity of United Kingdom More
Metals Exploration 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 Metals Exploration's 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 Metals Exploration Plc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 15.83 | |||
| Value At Risk | (5.88) | |||
| Potential Upside | 5.08 |
Metals Exploration Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Metals Exploration's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Metals Exploration's standard deviation. In reality, there are many statistical measures that can use Metals Exploration historical prices to predict the future Metals Exploration's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.30) | |||
| Total Risk Alpha | (0.64) | |||
| Treynor Ratio | (2.00) |
Metals Exploration Plc Backtested Returns
Metals Exploration Plc has Sharpe Ratio of -0.0684, which conveys that the firm had a -0.0684 % return per unit of risk over the last 3 months. Metals Exploration exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Metals Exploration's Mean Deviation of 2.42, risk adjusted performance of (0.06), and Standard Deviation of 3.31 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.14, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Metals Exploration's returns are expected to increase less than the market. However, during the bear market, the loss of holding Metals Exploration is expected to be smaller as well. At this point, Metals Exploration Plc has a negative expected return of -0.23%. Please make sure to verify Metals Exploration's skewness, as well as the relationship between the daily balance of power and day typical price , to decide if Metals Exploration Plc performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.32 |
Poor reverse predictability
Metals Exploration Plc has poor reverse predictability. Overlapping area represents the amount of predictability between Metals Exploration time series from 1st of January 2025 to 16th of January 2025 and 16th of January 2025 to 31st of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Metals Exploration Plc price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current Metals Exploration price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.32 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Metals Exploration Plc lagged returns against current returns
Autocorrelation, which is Metals Exploration 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 Metals Exploration's stock expected returns. We can calculate the autocorrelation of Metals Exploration returns to help us make a trade decision. For example, suppose you find that Metals Exploration 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 |
Metals Exploration 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 Metals Exploration stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Metals Exploration stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Metals Exploration stock over time.
Current vs Lagged Prices |
| Timeline |
Metals Exploration Lagged Returns
When evaluating Metals Exploration's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Metals Exploration stock have on its future price. Metals Exploration 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, Metals Exploration autocorrelation shows the relationship between Metals Exploration stock current value and its past values and can show if there is a momentum factor associated with investing in Metals Exploration Plc.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Metals Stock
Metals Exploration financial ratios help investors to determine whether Metals Stock 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 Metals with respect to the benefits of owning Metals Exploration security.