Monarca Minerals Stock Market Value
| ORAGF Stock | USD 0 0.00 0.00% |
| Symbol | Monarca |
Monarca 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 Monarca Minerals' 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 Monarca Minerals.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Monarca Minerals on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Monarca Minerals or generate 0.0% return on investment in Monarca Minerals over 720 days. Monarca Minerals is related to or competes with Star Royalties, Defiance Silver, GoGold Resources, Teuton Resources, Mirasol Resources, and Silver Wolf. Monarca Minerals Inc., a mining company, engages in the acquisition, exploration, and development of silver projects in ... More
Monarca 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 Monarca Minerals' 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 Monarca Minerals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 23.86 | |||
| Information Ratio | 0.0811 | |||
| Maximum Drawdown | 90.36 | |||
| Value At Risk | (17.86) | |||
| Potential Upside | 26.19 |
Monarca Minerals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Monarca Minerals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Monarca Minerals' standard deviation. In reality, there are many statistical measures that can use Monarca Minerals historical prices to predict the future Monarca Minerals' volatility.| Risk Adjusted Performance | 0.0788 | |||
| Jensen Alpha | 1.52 | |||
| Total Risk Alpha | (1.11) | |||
| Sortino Ratio | 0.049 | |||
| Treynor Ratio | (0.74) |
Monarca Minerals Backtested Returns
Monarca Minerals is out of control given 3 months investment horizon. Monarca Minerals has Sharpe Ratio of 0.11, which conveys that the firm had a 0.11% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-four different technical indicators, which can help you to evaluate if expected returns of 1.52% are justified by taking the suggested risk. Use Monarca Minerals Risk Adjusted Performance of 0.0788, mean deviation of 7.27, and Downside Deviation of 23.86 to evaluate company specific risk that cannot be diversified away. Monarca Minerals holds a performance score of 8 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -1.76, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Monarca Minerals are expected to decrease by larger amounts. On the other hand, during market turmoil, Monarca Minerals is expected to outperform it. Use Monarca Minerals sortino ratio, semi variance, day typical price, as well as the relationship between the value at risk and kurtosis , to analyze future returns on Monarca Minerals.
Auto-correlation | 0.31 |
Below average predictability
Monarca Minerals has below average predictability. Overlapping area represents the amount of predictability between Monarca Minerals time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd of December 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 Monarca Minerals price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current Monarca Minerals price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.31 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Monarca Minerals lagged returns against current returns
Autocorrelation, which is Monarca Minerals 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 Monarca Minerals' pink sheet expected returns. We can calculate the autocorrelation of Monarca Minerals returns to help us make a trade decision. For example, suppose you find that Monarca Minerals 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 |
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Monarca 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 Monarca Minerals pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Monarca Minerals pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Monarca Minerals pink sheet over time.
Current vs Lagged Prices |
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Monarca Minerals Lagged Returns
When evaluating Monarca Minerals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Monarca Minerals pink sheet have on its future price. Monarca 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, Monarca Minerals autocorrelation shows the relationship between Monarca Minerals pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Monarca Minerals.
Regressed Prices |
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Currently Active Assets on Macroaxis
Other Information on Investing in Monarca Pink Sheet
Monarca Minerals financial ratios help investors to determine whether Monarca 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 Monarca with respect to the benefits of owning Monarca Minerals security.