Mandalay Resources Corp Stock Statistic Functions Beta

MND Stock  CAD 3.45  0.12  3.36%   
Mandalay Resources statistic functions tool provides the execution environment for running the Beta function and other technical functions against Mandalay Resources. Mandalay Resources value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Mandalay Resources statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

Execute Function
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Mandalay Resources Corp correlated with the market. If Beta is less than 0 Mandalay Resources generally moves in the opposite direction as compared to the market. If Mandalay Resources Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mandalay Resources Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mandalay Resources is generally in the same direction as the market. If Beta > 1 Mandalay Resources moves generally in the same direction as, but more than the movement of the benchmark.

Mandalay Resources Technical Analysis Modules

Most technical analysis of Mandalay Resources help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Mandalay from various momentum indicators to cycle indicators. When you analyze Mandalay charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Mandalay Resources Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mandalay Resources Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mandalay Resources Corp based on widely used predictive technical indicators. In general, we focus on analyzing Mandalay Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Mandalay Resources's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Mandalay Resources's intrinsic value. In addition to deriving basic predictive indicators for Mandalay Resources, we also check how macroeconomic factors affect Mandalay Resources price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2023 2024 (projected)
PTB Ratio0.690.65
Dividend Yield0.04360.0335
Hype
Prediction
LowEstimatedHigh
1.233.545.85
Details
Intrinsic
Valuation
LowRealHigh
0.542.855.16
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.140.140.14
Details

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Other Information on Investing in Mandalay Stock

Mandalay Resources financial ratios help investors to determine whether Mandalay 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 Mandalay with respect to the benefits of owning Mandalay Resources security.