MALACHITE RESOURCES (Germany) Market Value
| MUW Stock | EUR 0.01 0.00 0.00% |
| Symbol | MALACHITE |
MALACHITE 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 MALACHITE RESOURCES'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 MALACHITE RESOURCES.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in MALACHITE RESOURCES on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding MALACHITE RESOURCES or generate 0.0% return on investment in MALACHITE RESOURCES over 180 days. MALACHITE RESOURCES is related to or competes with NORWEGIAN AIR, DELTA AIR, Bumrungrad Hospital, DiamondRock Hospitality, Air New, SHIP HEALTHCARE, and Bausch Health. More
MALACHITE 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 MALACHITE RESOURCES'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 MALACHITE RESOURCES upside and downside potential and time the market with a certain degree of confidence.
MALACHITE RESOURCES Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MALACHITE RESOURCES's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MALACHITE RESOURCES's standard deviation. In reality, there are many statistical measures that can use MALACHITE RESOURCES historical prices to predict the future MALACHITE RESOURCES's volatility.MALACHITE RESOURCES Backtested Returns
We have found three technical indicators for MALACHITE RESOURCES, which you can use to evaluate the volatility of the entity. The firm secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and MALACHITE RESOURCES are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
MALACHITE RESOURCES has no correlation between past and present. Overlapping area represents the amount of predictability between MALACHITE RESOURCES 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 MALACHITE RESOURCES price movement. The serial correlation of 0.0 indicates that just 0.0% of current MALACHITE RESOURCES price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
MALACHITE RESOURCES lagged returns against current returns
Autocorrelation, which is MALACHITE 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 MALACHITE RESOURCES's stock expected returns. We can calculate the autocorrelation of MALACHITE RESOURCES returns to help us make a trade decision. For example, suppose you find that MALACHITE 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 |
MALACHITE 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 MALACHITE RESOURCES stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MALACHITE RESOURCES stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MALACHITE RESOURCES stock over time.
Current vs Lagged Prices |
| Timeline |
MALACHITE RESOURCES Lagged Returns
When evaluating MALACHITE RESOURCES's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MALACHITE RESOURCES stock have on its future price. MALACHITE 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, MALACHITE RESOURCES autocorrelation shows the relationship between MALACHITE RESOURCES stock current value and its past values and can show if there is a momentum factor associated with investing in MALACHITE RESOURCES.
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 MALACHITE Stock
MALACHITE RESOURCES financial ratios help investors to determine whether MALACHITE 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 MALACHITE with respect to the benefits of owning MALACHITE RESOURCES security.