RESOLUTION MINERALS's market value is the price at which a share of RESOLUTION MINERALS trades on a public exchange. It measures the collective expectations of RESOLUTION MINERALS LTD investors about its performance. RESOLUTION MINERALS is trading at 5.0E-4 as of the 16th of January 2025. This is a No Change since the beginning of the trading day. The stock's lowest day price was 5.0E-4. With this module, you can estimate the performance of a buy and hold strategy of RESOLUTION MINERALS LTD and determine expected loss or profit from investing in RESOLUTION MINERALS over a given investment horizon. Check out RESOLUTION MINERALS Correlation, RESOLUTION MINERALS Volatility and RESOLUTION MINERALS Alpha and Beta module to complement your research on RESOLUTION MINERALS.
Please note, there is a significant difference between RESOLUTION MINERALS's value and its price as these two are different measures arrived at by different means. Investors typically determine if RESOLUTION MINERALS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RESOLUTION MINERALS's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
RESOLUTION 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 RESOLUTION MINERALS'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 RESOLUTION MINERALS.
0.00
12/17/2024
No Change 0.00
0.0
In 30 days
01/16/2025
0.00
If you would invest 0.00 in RESOLUTION MINERALS on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding RESOLUTION MINERALS LTD or generate 0.0% return on investment in RESOLUTION MINERALS over 30 days. RESOLUTION MINERALS is related to or competes with Rio Tinto, Anglo American, Mineral Resources, Liontown Resources, NEXA RESOURCES, STRAITS TRADG, and American Lithium. Resolution Minerals Limited, a mining company, acquires, explores for, and develops precious and battery metal projects More
RESOLUTION 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 RESOLUTION MINERALS'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 RESOLUTION MINERALS LTD upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for RESOLUTION MINERALS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RESOLUTION MINERALS's standard deviation. In reality, there are many statistical measures that can use RESOLUTION MINERALS historical prices to predict the future RESOLUTION MINERALS's volatility.
RESOLUTION MINERALS is out of control given 3 months investment horizon. RESOLUTION MINERALS LTD maintains Sharpe Ratio (i.e., Efficiency) of 0.1, which implies the firm had a 0.1% return per unit of standard deviation over the last 3 months. We were able to interpolate seventeen different technical indicators, which can help you to evaluate if expected returns of 13.81% are justified by taking the suggested risk. Use RESOLUTION MINERALS Risk Adjusted Performance of 0.1065, market risk adjusted performance of 0.6941, and Coefficient Of Variation of 848.19 to evaluate company specific risk that cannot be diversified away. RESOLUTION MINERALS holds a performance score of 8 on a scale of zero to a hundred. The company holds a Beta of 95.55, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, RESOLUTION MINERALS will likely underperform. Use RESOLUTION MINERALS coefficient of variation, variance, and the relationship between the mean deviation and standard deviation , to analyze future returns on RESOLUTION MINERALS.
Auto-correlation
-92,233,720,368,547,760
Near perfect reversele predictability
RESOLUTION MINERALS LTD has near perfect reversele predictability. Overlapping area represents the amount of predictability between RESOLUTION MINERALS time series from 17th of December 2024 to 1st of January 2025 and 1st of January 2025 to 16th 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 RESOLUTION MINERALS LTD price movement. The serial correlation of -9.223372036854776E16 indicates that 9.223372036854776E16% of current RESOLUTION MINERALS price fluctuation can be explain by its past prices.
Correlation Coefficient
-92233.7 T
Spearman Rank Test
0.64
Residual Average
0.0
Price Variance
0.0
RESOLUTION MINERALS LTD lagged returns against current returns
Autocorrelation, which is RESOLUTION MINERALS 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 RESOLUTION MINERALS's stock expected returns. We can calculate the autocorrelation of RESOLUTION MINERALS returns to help us make a trade decision. For example, suppose you find that RESOLUTION MINERALS 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
RESOLUTION 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 RESOLUTION MINERALS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if RESOLUTION MINERALS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in RESOLUTION MINERALS stock over time.
Current vs Lagged Prices
Timeline
RESOLUTION MINERALS Lagged Returns
When evaluating RESOLUTION MINERALS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of RESOLUTION MINERALS stock have on its future price. RESOLUTION 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, RESOLUTION MINERALS autocorrelation shows the relationship between RESOLUTION MINERALS stock current value and its past values and can show if there is a momentum factor associated with investing in RESOLUTION MINERALS LTD.
Other Information on Investing in RESOLUTION Stock
RESOLUTION MINERALS financial ratios help investors to determine whether RESOLUTION 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 RESOLUTION with respect to the benefits of owning RESOLUTION MINERALS security.