New Destiny Mining Stock Market Value
| NDMCF Stock | USD 0.02 0.00 0.00% |
| Symbol | New |
New Destiny '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 New Destiny'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 New Destiny.
| 11/28/2025 |
| 12/28/2025 |
If you would invest 0.00 in New Destiny on November 28, 2025 and sell it all today you would earn a total of 0.00 from holding New Destiny Mining or generate 0.0% return on investment in New Destiny over 30 days. New Destiny is related to or competes with Recharge Resources, CDN Maverick, and Orex Minerals. New Destiny Mining Corp., a junior mineral exploration company, engages in the acquisition, exploration, evaluation, and... More
New Destiny 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 New Destiny'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 New Destiny Mining upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.121 | |||
| Maximum Drawdown | 14269.36 |
New Destiny Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for New Destiny's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as New Destiny's standard deviation. In reality, there are many statistical measures that can use New Destiny historical prices to predict the future New Destiny's volatility.| Risk Adjusted Performance | 0.0949 | |||
| Jensen Alpha | 277.84 | |||
| Total Risk Alpha | 24.15 | |||
| Treynor Ratio | (0.24) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of New Destiny's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
New Destiny Mining Backtested Returns
New Destiny is out of control given 3 months investment horizon. New Destiny Mining has Sharpe Ratio of 0.0944, which conveys that the firm had a 0.0944 % return per unit of risk over the last 3 months. We were able to break down seventeen different technical indicators, which can help you to evaluate if expected returns of 11.86% are justified by taking the suggested risk. Use New Destiny Mining Mean Deviation of 423.46, standard deviation of 1746.65, and Risk Adjusted Performance of 0.0949 to evaluate company specific risk that cannot be diversified away. New Destiny holds a performance score of 7 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -882.35, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning New Destiny are expected to decrease by larger amounts. On the other hand, during market turmoil, New Destiny is expected to outperform it. Use New Destiny Mining standard deviation and the relationship between the jensen alpha and day typical price , to analyze future returns on New Destiny Mining.
Auto-correlation | 0.00 |
No correlation between past and present
New Destiny Mining has no correlation between past and present. Overlapping area represents the amount of predictability between New Destiny time series from 28th of November 2025 to 13th of December 2025 and 13th of December 2025 to 28th of December 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 New Destiny Mining price movement. The serial correlation of 0.0 indicates that just 0.0% of current New Destiny price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
New Destiny Mining lagged returns against current returns
Autocorrelation, which is New Destiny 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 New Destiny's pink sheet expected returns. We can calculate the autocorrelation of New Destiny returns to help us make a trade decision. For example, suppose you find that New Destiny 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 |
New Destiny 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 New Destiny pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if New Destiny pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in New Destiny pink sheet over time.
Current vs Lagged Prices |
| Timeline |
New Destiny Lagged Returns
When evaluating New Destiny's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of New Destiny pink sheet have on its future price. New Destiny 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, New Destiny autocorrelation shows the relationship between New Destiny pink sheet current value and its past values and can show if there is a momentum factor associated with investing in New Destiny Mining.
Regressed Prices |
| Timeline |
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Other Information on Investing in New Pink Sheet
New Destiny financial ratios help investors to determine whether New 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 New with respect to the benefits of owning New Destiny security.