Metaline Contact Mines Stock Market Value
| MTLI Stock | USD 0.07 0.00 0.00% |
| Symbol | Metaline |
Metaline Contact '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 Metaline Contact's 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 Metaline Contact.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Metaline Contact on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Metaline Contact Mines or generate 0.0% return on investment in Metaline Contact over 180 days. Metaline Contact is related to or competes with Azure Holding, Israel Acquisitions, Surge Battery, Patriot Battery, Macmahon Holdings, and OM Holdings. Metaline Contact Mines, a royalty-based mineral resources company, engages in the acquisition and leasing of mineral res... More
Metaline Contact 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 Metaline Contact's 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 Metaline Contact Mines upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 20.0 |
Metaline Contact Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Metaline Contact's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Metaline Contact's standard deviation. In reality, there are many statistical measures that can use Metaline Contact historical prices to predict the future Metaline Contact's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.49) | |||
| Total Risk Alpha | (0.98) | |||
| Treynor Ratio | 4.1 |
Metaline Contact Mines Backtested Returns
Metaline Contact Mines has Sharpe Ratio of -0.17, which conveys that the firm had a -0.17% return per unit of risk over the last 3 months. Metaline Contact exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Metaline Contact's Risk Adjusted Performance of (0.12), mean deviation of 0.955, and Standard Deviation of 2.88 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.12, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Metaline Contact are expected to decrease at a much lower rate. During the bear market, Metaline Contact is likely to outperform the market. At this point, Metaline Contact Mines has a negative expected return of -0.52%. Please make sure to verify Metaline Contact's risk adjusted performance, variance, as well as the relationship between the Variance and kurtosis , to decide if Metaline Contact Mines performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.21 |
Weak reverse predictability
Metaline Contact Mines has weak reverse predictability. Overlapping area represents the amount of predictability between Metaline Contact time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th 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 Metaline Contact Mines price movement. The serial correlation of -0.21 indicates that over 21.0% of current Metaline Contact price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.21 | |
| Spearman Rank Test | -0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Metaline Contact Mines lagged returns against current returns
Autocorrelation, which is Metaline Contact 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 Metaline Contact's pink sheet expected returns. We can calculate the autocorrelation of Metaline Contact returns to help us make a trade decision. For example, suppose you find that Metaline Contact 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 |
Metaline Contact 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 Metaline Contact pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Metaline Contact pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Metaline Contact pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Metaline Contact Lagged Returns
When evaluating Metaline Contact's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Metaline Contact pink sheet have on its future price. Metaline Contact 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, Metaline Contact autocorrelation shows the relationship between Metaline Contact pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Metaline Contact Mines.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Metaline Pink Sheet
Metaline Contact financial ratios help investors to determine whether Metaline 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 Metaline with respect to the benefits of owning Metaline Contact security.