Murchison Minerals Stock Market Value
| MURMF Stock | USD 0.01 0 14.05% |
| Symbol | Murchison |
Murchison Minerals '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 Murchison Minerals' 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 Murchison Minerals.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Murchison Minerals on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Murchison Minerals or generate 0.0% return on investment in Murchison Minerals over 30 days. Murchison Minerals is related to or competes with Mundoro Capital, Arianne Phosphate, Arizona Metals, Fury Gold, NorthIsle Copper, Pampa Metals, and Progressive Planet. Murchison Minerals Ltd., together with its subsidiaries, engages in the acquisition, exploration, and evaluation of mine... More
Murchison Minerals 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 Murchison Minerals' 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 Murchison Minerals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 17.56 | |||
| Information Ratio | 0.0588 | |||
| Maximum Drawdown | 83.04 | |||
| Value At Risk | (19.29) | |||
| Potential Upside | 21.0 |
Murchison Minerals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Murchison Minerals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Murchison Minerals' standard deviation. In reality, there are many statistical measures that can use Murchison Minerals historical prices to predict the future Murchison Minerals' volatility.| Risk Adjusted Performance | 0.062 | |||
| Jensen Alpha | 1.15 | |||
| Total Risk Alpha | (1.06) | |||
| Sortino Ratio | 0.0428 | |||
| Treynor Ratio | (0.36) |
Murchison Minerals Backtested Returns
Murchison Minerals appears to be out of control, given 3 months investment horizon. Murchison Minerals has Sharpe Ratio of 0.0479, which conveys that the firm had a 0.0479% return per unit of risk over the last 3 months. By analyzing Murchison Minerals' technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please exercise Murchison Minerals' Downside Deviation of 17.56, risk adjusted performance of 0.062, and Mean Deviation of 7.21 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Murchison Minerals holds a performance score of 3. The company secures a Beta (Market Risk) of -2.42, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Murchison Minerals are expected to decrease by larger amounts. On the other hand, during market turmoil, Murchison Minerals is expected to outperform it. Please check Murchison Minerals' maximum drawdown, accumulation distribution, relative strength index, as well as the relationship between the semi variance and day typical price , to make a quick decision on whether Murchison Minerals' current price movements will revert.
Auto-correlation | -0.11 |
Insignificant reverse predictability
Murchison Minerals has insignificant reverse predictability. Overlapping area represents the amount of predictability between Murchison Minerals time series from 30th of October 2024 to 14th of November 2024 and 14th of November 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 Murchison Minerals price movement. The serial correlation of -0.11 indicates that less than 11.0% of current Murchison Minerals price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Murchison Minerals lagged returns against current returns
Autocorrelation, which is Murchison Minerals 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 Murchison Minerals' pink sheet expected returns. We can calculate the autocorrelation of Murchison Minerals returns to help us make a trade decision. For example, suppose you find that Murchison Minerals 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 |
Murchison Minerals 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 Murchison Minerals pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Murchison Minerals pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Murchison Minerals pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Murchison Minerals Lagged Returns
When evaluating Murchison Minerals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Murchison Minerals pink sheet have on its future price. Murchison Minerals 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, Murchison Minerals autocorrelation shows the relationship between Murchison Minerals pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Murchison Minerals.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Murchison Pink Sheet
Murchison Minerals financial ratios help investors to determine whether Murchison 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 Murchison with respect to the benefits of owning Murchison Minerals security.