INDUSTRIAL MINERALS's market value is the price at which a share of INDUSTRIAL MINERALS trades on a public exchange. It measures the collective expectations of INDUSTRIAL MINERALS LTD investors about its performance. INDUSTRIAL MINERALS is trading at 0.0885 as of the 12th of March 2025. This is a 7.33 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.0885. With this module, you can estimate the performance of a buy and hold strategy of INDUSTRIAL MINERALS LTD and determine expected loss or profit from investing in INDUSTRIAL MINERALS over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
INDUSTRIAL
INDUSTRIAL 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 INDUSTRIAL MINERALS's 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 INDUSTRIAL MINERALS.
0.00
12/12/2024
No Change 0.00
0.0
In 3 months and 1 day
03/12/2025
0.00
If you would invest 0.00 in INDUSTRIAL MINERALS on December 12, 2024 and sell it all today you would earn a total of 0.00 from holding INDUSTRIAL MINERALS LTD or generate 0.0% return on investment in INDUSTRIAL MINERALS over 90 days.
INDUSTRIAL 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 INDUSTRIAL MINERALS's 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 INDUSTRIAL MINERALS LTD upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for INDUSTRIAL MINERALS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as INDUSTRIAL MINERALS's standard deviation. In reality, there are many statistical measures that can use INDUSTRIAL MINERALS historical prices to predict the future INDUSTRIAL MINERALS's volatility.
INDUSTRIAL MINERALS appears to be out of control, given 3 months investment horizon. INDUSTRIAL MINERALS LTD holds Efficiency (Sharpe) Ratio of 0.0375, which attests that the entity had a 0.0375 % return per unit of return volatility over the last 3 months. We have found twenty-nine technical indicators for INDUSTRIAL MINERALS LTD, which you can use to evaluate the volatility of the firm. Please utilize INDUSTRIAL MINERALS's Semi Deviation of 6.45, risk adjusted performance of 0.0362, and Market Risk Adjusted Performance of 0.0854 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, INDUSTRIAL MINERALS holds a performance score of 2. The company retains a Market Volatility (i.e., Beta) of 3.31, which attests to 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, INDUSTRIAL MINERALS will likely underperform. Please check INDUSTRIAL MINERALS's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to make a quick decision on whether INDUSTRIAL MINERALS's current trending patterns will revert.
Auto-correlation
-0.2
Insignificant reverse predictability
INDUSTRIAL MINERALS LTD has insignificant reverse predictability. Overlapping area represents the amount of predictability between INDUSTRIAL MINERALS time series from 12th of December 2024 to 26th of January 2025 and 26th of January 2025 to 12th of March 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 INDUSTRIAL MINERALS LTD price movement. The serial correlation of -0.2 indicates that over 20.0% of current INDUSTRIAL MINERALS price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.2
Spearman Rank Test
-0.14
Residual Average
0.0
Price Variance
0.0
INDUSTRIAL MINERALS LTD lagged returns against current returns
Autocorrelation, which is INDUSTRIAL MINERALS 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 INDUSTRIAL MINERALS's stock expected returns. We can calculate the autocorrelation of INDUSTRIAL MINERALS returns to help us make a trade decision. For example, suppose you find that INDUSTRIAL MINERALS has exhibited high autocorrelation historically, and you observe that the 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
INDUSTRIAL 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 INDUSTRIAL MINERALS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if INDUSTRIAL MINERALS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in INDUSTRIAL MINERALS stock over time.
Current vs Lagged Prices
Timeline
INDUSTRIAL MINERALS Lagged Returns
When evaluating INDUSTRIAL MINERALS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of INDUSTRIAL MINERALS stock have on its future price. INDUSTRIAL 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, INDUSTRIAL MINERALS autocorrelation shows the relationship between INDUSTRIAL MINERALS stock current value and its past values and can show if there is a momentum factor associated with investing in INDUSTRIAL MINERALS LTD.