Noble Mineral Exploration Stock Market Value
| NLPXF Stock | USD 0.06 0.01 9.17% |
| Symbol | Noble |
Noble Mineral '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 Noble Mineral's otc 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 Noble Mineral.
| 01/01/2025 |
| 12/27/2025 |
If you would invest 0.00 in Noble Mineral on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding Noble Mineral Exploration or generate 0.0% return on investment in Noble Mineral over 360 days. Noble Mineral is related to or competes with US Critical, South Star, and Core Assets. Noble Mineral Exploration Inc., a junior exploration company, engages in the exploration and evaluation of mineral resou... More
Noble Mineral 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 Noble Mineral's otc 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 Noble Mineral Exploration upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 9.51 | |||
| Information Ratio | 0.1659 | |||
| Maximum Drawdown | 53.28 | |||
| Value At Risk | (9.71) | |||
| Potential Upside | 14.91 |
Noble Mineral Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Noble Mineral's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Noble Mineral's standard deviation. In reality, there are many statistical measures that can use Noble Mineral historical prices to predict the future Noble Mineral's volatility.| Risk Adjusted Performance | 0.1325 | |||
| Jensen Alpha | 1.36 | |||
| Total Risk Alpha | 0.5839 | |||
| Sortino Ratio | 0.1512 | |||
| Treynor Ratio | 0.7236 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Noble Mineral'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.
Noble Mineral Exploration Backtested Returns
Noble Mineral is out of control given 3 months investment horizon. Noble Mineral Exploration 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. We have analyzed and interpolated twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.5% are justified by taking the suggested risk. Use Noble Mineral Exploration Mean Deviation of 5.59, risk adjusted performance of 0.1325, and Downside Deviation of 9.51 to evaluate company specific risk that cannot be diversified away. Noble Mineral holds a performance score of 13 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 2.09, which conveys 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, Noble Mineral will likely underperform. Use Noble Mineral Exploration jensen alpha and the relationship between the value at risk and day median price , to analyze future returns on Noble Mineral Exploration.
Auto-correlation | -0.01 |
Very weak reverse predictability
Noble Mineral Exploration has very weak reverse predictability. Overlapping area represents the amount of predictability between Noble Mineral time series from 1st of January 2025 to 30th of June 2025 and 30th of June 2025 to 27th 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 Noble Mineral Exploration price movement. The serial correlation of -0.01 indicates that just 1.0% of current Noble Mineral price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.01 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Noble Mineral Exploration lagged returns against current returns
Autocorrelation, which is Noble Mineral otc 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 Noble Mineral's otc stock expected returns. We can calculate the autocorrelation of Noble Mineral returns to help us make a trade decision. For example, suppose you find that Noble Mineral has exhibited high autocorrelation historically, and you observe that the otc 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 |
Noble Mineral 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 Noble Mineral otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Noble Mineral otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Noble Mineral otc stock over time.
Current vs Lagged Prices |
| Timeline |
Noble Mineral Lagged Returns
When evaluating Noble Mineral's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Noble Mineral otc stock have on its future price. Noble Mineral 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, Noble Mineral autocorrelation shows the relationship between Noble Mineral otc stock current value and its past values and can show if there is a momentum factor associated with investing in Noble Mineral Exploration.
Regressed Prices |
| Timeline |
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Other Information on Investing in Noble OTC Stock
Noble Mineral financial ratios help investors to determine whether Noble OTC 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 Noble with respect to the benefits of owning Noble Mineral security.