Wallbridge Mining Stock Market Value
| WLBMF Stock | USD 0.05 0.00 0.00% |
| Symbol | Wallbridge |
Wallbridge 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 Wallbridge 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 Wallbridge Mining.
| 09/03/2024 |
| 01/31/2025 |
If you would invest 0.00 in Wallbridge Mining on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding Wallbridge Mining or generate 0.0% return on investment in Wallbridge Mining over 150 days. Wallbridge Mining is related to or competes with Prime Mining, Mundoro Capital, E79 Resources, Aftermath Silver, Nevada King, Chalice Mining, and Freegold Ventures. Wallbridge Mining Company Limited engages in the acquisition, exploration, discovery, development, and production of gol... More
Wallbridge 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 Wallbridge 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 Wallbridge Mining upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 45.0 | |||
| Value At Risk | (16.67) | |||
| Potential Upside | 20.0 |
Wallbridge Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wallbridge Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wallbridge Mining's standard deviation. In reality, there are many statistical measures that can use Wallbridge Mining historical prices to predict the future Wallbridge Mining's volatility.| Risk Adjusted Performance | 0.0116 | |||
| Jensen Alpha | 0.1336 | |||
| Total Risk Alpha | (0.83) | |||
| Treynor Ratio | (0.01) |
Wallbridge Mining Backtested Returns
Wallbridge Mining appears to be out of control, given 3 months investment horizon. Wallbridge Mining shows Sharpe Ratio of 0.0349, which attests that the company had a 0.0349 % return per unit of risk over the last 3 months. We have found eighteen technical indicators for Wallbridge Mining, which you can use to evaluate the volatility of the company. Please utilize Wallbridge Mining's Standard Deviation of 7.87, insignificant market risk adjusted performance, and Mean Deviation of 2.88 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Wallbridge Mining holds a performance score of 2. The firm maintains a market beta of -1.32, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Wallbridge Mining are expected to decrease by larger amounts. On the other hand, during market turmoil, Wallbridge Mining is expected to outperform it. Please check Wallbridge Mining's information ratio, potential upside, as well as the relationship between the Potential Upside and day median price , to make a quick decision on whether Wallbridge Mining's historical returns will revert.
Auto-correlation | 0.16 |
Very weak predictability
Wallbridge Mining has very weak predictability. Overlapping area represents the amount of predictability between Wallbridge Mining time series from 3rd of September 2024 to 17th of November 2024 and 17th of November 2024 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 Wallbridge Mining price movement. The serial correlation of 0.16 indicates that over 16.0% of current Wallbridge Mining price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.16 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Wallbridge Mining lagged returns against current returns
Autocorrelation, which is Wallbridge 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 Wallbridge Mining's otc stock expected returns. We can calculate the autocorrelation of Wallbridge Mining returns to help us make a trade decision. For example, suppose you find that Wallbridge 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 |
| Timeline |
Wallbridge 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 Wallbridge Mining otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wallbridge 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 Wallbridge Mining otc stock over time.
Current vs Lagged Prices |
| Timeline |
Wallbridge Mining Lagged Returns
When evaluating Wallbridge Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wallbridge Mining otc stock have on its future price. Wallbridge 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, Wallbridge Mining autocorrelation shows the relationship between Wallbridge Mining otc stock current value and its past values and can show if there is a momentum factor associated with investing in Wallbridge Mining.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Wallbridge OTC Stock
Wallbridge Mining financial ratios help investors to determine whether Wallbridge 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 Wallbridge with respect to the benefits of owning Wallbridge Mining security.