Mkango Resources Stock Technical Analysis
| MKNGF Stock | USD 0.98 0.01 1.03% |
As of the 5th of March, Mkango Resources secures the Downside Deviation of 30.46, mean deviation of 19.72, and Risk Adjusted Performance of 0.1358. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mkango Resources, as well as the relationship between them. Please verify Mkango Resources coefficient of variation and the relationship between the jensen alpha and skewness to decide if Mkango Resources is priced some-what accurately, providing market reflects its recent price of 0.98 per share. Given that Mkango Resources is a hitting penny stock territory we strongly suggest to closely look at its total risk alpha.
Mkango Resources Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Mkango, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MkangoMkango |
Mkango Resources '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 Mkango Resources' 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 Mkango Resources.
| 12/05/2025 |
| 03/05/2026 |
If you would invest 0.00 in Mkango Resources on December 5, 2025 and sell it all today you would earn a total of 0.00 from holding Mkango Resources or generate 0.0% return on investment in Mkango Resources over 90 days. Mkango Resources is related to or competes with Morningstar Unconstrained, Thrivent High, Via Renewables, T Rowe, Sitka Gold, and MSCI ACWI. Mkango Resources Ltd., together with its subsidiaries, explores for and develops rare earth elements and associated mine... More
Mkango Resources 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 Mkango Resources' 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 Mkango Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 30.46 | |||
| Information Ratio | 0.1664 | |||
| Maximum Drawdown | 229.7 | |||
| Value At Risk | (43.04) | |||
| Potential Upside | 55.56 |
Mkango Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mkango Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mkango Resources' standard deviation. In reality, there are many statistical measures that can use Mkango Resources historical prices to predict the future Mkango Resources' volatility.| Risk Adjusted Performance | 0.1358 | |||
| Jensen Alpha | 5.92 | |||
| Total Risk Alpha | 4.37 | |||
| Sortino Ratio | 0.1956 | |||
| Treynor Ratio | 2.98 |
Mkango Resources March 5, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1358 | |||
| Market Risk Adjusted Performance | 2.99 | |||
| Mean Deviation | 19.72 | |||
| Semi Deviation | 16.86 | |||
| Downside Deviation | 30.46 | |||
| Coefficient Of Variation | 596.47 | |||
| Standard Deviation | 35.8 | |||
| Variance | 1281.77 | |||
| Information Ratio | 0.1664 | |||
| Jensen Alpha | 5.92 | |||
| Total Risk Alpha | 4.37 | |||
| Sortino Ratio | 0.1956 | |||
| Treynor Ratio | 2.98 | |||
| Maximum Drawdown | 229.7 | |||
| Value At Risk | (43.04) | |||
| Potential Upside | 55.56 | |||
| Downside Variance | 927.86 | |||
| Semi Variance | 284.11 | |||
| Expected Short fall | (36.17) | |||
| Skewness | 2.66 | |||
| Kurtosis | 11.19 |
Mkango Resources Backtested Returns
Mkango Resources is out of control given 3 months investment horizon. Mkango Resources has Sharpe Ratio of 0.18, which conveys that the firm had a 0.18 % return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 6.43% are justified by taking the suggested risk. Use Mkango Resources Mean Deviation of 19.72, downside deviation of 30.46, and Risk Adjusted Performance of 0.1358 to evaluate company specific risk that cannot be diversified away. Mkango Resources holds a performance score of 14 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 2.01, 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, Mkango Resources will likely underperform. Use Mkango Resources potential upside, day median price, and the relationship between the sortino ratio and skewness , to analyze future returns on Mkango Resources.
Auto-correlation | 0.42 |
Average predictability
Mkango Resources has average predictability. Overlapping area represents the amount of predictability between Mkango Resources time series from 5th of December 2025 to 19th of January 2026 and 19th of January 2026 to 5th of March 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Mkango Resources price movement. The serial correlation of 0.42 indicates that just about 42.0% of current Mkango Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Mkango Resources technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.
Mkango Resources Technical Analysis
The output start index for this execution was two with a total number of output elements of fifty-nine. The Normalized Average True Range is used to analyze tradable apportunities for Mkango Resources across different markets.
About Mkango Resources Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Mkango Resources on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Mkango Resources based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Mkango Resources price pattern first instead of the macroeconomic environment surrounding Mkango Resources. By analyzing Mkango Resources's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Mkango Resources's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Mkango Resources specific price patterns or momentum indicators. Please read more on our technical analysis page.
Mkango Resources March 5, 2026 Technical Indicators
Most technical analysis of Mkango 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 Mkango from various momentum indicators to cycle indicators. When you analyze Mkango charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1358 | |||
| Market Risk Adjusted Performance | 2.99 | |||
| Mean Deviation | 19.72 | |||
| Semi Deviation | 16.86 | |||
| Downside Deviation | 30.46 | |||
| Coefficient Of Variation | 596.47 | |||
| Standard Deviation | 35.8 | |||
| Variance | 1281.77 | |||
| Information Ratio | 0.1664 | |||
| Jensen Alpha | 5.92 | |||
| Total Risk Alpha | 4.37 | |||
| Sortino Ratio | 0.1956 | |||
| Treynor Ratio | 2.98 | |||
| Maximum Drawdown | 229.7 | |||
| Value At Risk | (43.04) | |||
| Potential Upside | 55.56 | |||
| Downside Variance | 927.86 | |||
| Semi Variance | 284.11 | |||
| Expected Short fall | (36.17) | |||
| Skewness | 2.66 | |||
| Kurtosis | 11.19 |
Mkango Resources March 5, 2026 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Mkango stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.00 | ||
| Daily Balance Of Power | Huge | ||
| Rate Of Daily Change | 1.01 | ||
| Day Median Price | 0.98 | ||
| Day Typical Price | 0.98 | ||
| Price Action Indicator | 0.01 |
Complementary Tools for Mkango Pink Sheet analysis
When running Mkango Resources' price analysis, check to measure Mkango Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mkango Resources is operating at the current time. Most of Mkango Resources' value examination focuses on studying past and present price action to predict the probability of Mkango Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mkango Resources' price. Additionally, you may evaluate how the addition of Mkango Resources to your portfolios can decrease your overall portfolio volatility.
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency |