O3 Mining Stock Market Value
| OIIIF Stock | USD 1.15 0.01 0.86% |
| Symbol | OIIIF |
O3 Mining '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 O3 Mining'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 O3 Mining.
| 01/01/2025 |
| 01/31/2025 |
If you would invest 0.00 in O3 Mining on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding O3 Mining or generate 0.0% return on investment in O3 Mining over 30 days. O3 Mining is related to or competes with Prime Mining, Silver X, Kenorland Minerals, Ascot Resources, Aftermath Silver, Silver Dollar, and Nevada King. O3 Mining Inc. engages in the acquisition, exploration, and development of precious mineral deposits in Canada More
O3 Mining 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 O3 Mining'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 O3 Mining upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.82 | |||
| Information Ratio | 0.0996 | |||
| Maximum Drawdown | 52.19 | |||
| Value At Risk | (2.60) | |||
| Potential Upside | 5.13 |
O3 Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for O3 Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as O3 Mining's standard deviation. In reality, there are many statistical measures that can use O3 Mining historical prices to predict the future O3 Mining's volatility.| Risk Adjusted Performance | 0.1046 | |||
| Jensen Alpha | 0.7832 | |||
| Total Risk Alpha | 0.0368 | |||
| Sortino Ratio | 0.3598 | |||
| Treynor Ratio | (1.69) |
O3 Mining Backtested Returns
O3 Mining appears to be abnormally volatile, given 3 months investment horizon. O3 Mining retains Efficiency (Sharpe Ratio) of 0.12, which implies the company had a 0.12 % return per unit of price deviation over the last 3 months. By reviewing O3 Mining's technical indicators, you can evaluate if the expected return of 0.84% is justified by implied risk. Please evaluate O3 Mining's market risk adjusted performance of (1.68), and Standard Deviation of 6.57 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, O3 Mining holds a performance score of 9. The firm owns a Beta (Systematic Risk) of -0.44, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning O3 Mining are expected to decrease at a much lower rate. During the bear market, O3 Mining is likely to outperform the market. Please check O3 Mining's downside deviation, treynor ratio, expected short fall, as well as the relationship between the jensen alpha and potential upside , to make a quick decision on whether O3 Mining's current price history will revert.
Auto-correlation | -0.16 |
Insignificant reverse predictability
O3 Mining has insignificant reverse predictability. Overlapping area represents the amount of predictability between O3 Mining time series from 1st of January 2025 to 16th of January 2025 and 16th of January 2025 to 31st 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 O3 Mining price movement. The serial correlation of -0.16 indicates that over 16.0% of current O3 Mining price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.16 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
O3 Mining lagged returns against current returns
Autocorrelation, which is O3 Mining 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 O3 Mining's otc stock expected returns. We can calculate the autocorrelation of O3 Mining returns to help us make a trade decision. For example, suppose you find that O3 Mining 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 |
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O3 Mining 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 O3 Mining otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if O3 Mining otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in O3 Mining otc stock over time.
Current vs Lagged Prices |
| Timeline |
O3 Mining Lagged Returns
When evaluating O3 Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of O3 Mining otc stock have on its future price. O3 Mining 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, O3 Mining autocorrelation shows the relationship between O3 Mining otc stock current value and its past values and can show if there is a momentum factor associated with investing in O3 Mining.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in OIIIF OTC Stock
O3 Mining financial ratios help investors to determine whether OIIIF 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 OIIIF with respect to the benefits of owning O3 Mining security.