American Manganese Stock Market Value
| AMYZF Stock | USD 0.08 0 1.48% |
| Symbol | American |
American Manganese '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 American Manganese'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 American Manganese.
| 12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in American Manganese on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding American Manganese or generate 0.0% return on investment in American Manganese over 720 days. American Manganese is related to or competes with IGO, and Adriatic Metals. RecycLiCo Battery Materials Inc., a battery materials company, focuses on developing and commercializing a hydrometallur... More
American Manganese 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 American Manganese'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 American Manganese upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.28 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 37.0 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 10.59 |
American Manganese Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for American Manganese's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as American Manganese's standard deviation. In reality, there are many statistical measures that can use American Manganese historical prices to predict the future American Manganese's volatility.| Risk Adjusted Performance | 0.0174 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (1.00) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0914 |
American Manganese Backtested Returns
At this point, American Manganese is out of control. American Manganese secures Sharpe Ratio (or Efficiency) of 0.0019, which signifies that the company had a 0.0019% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for American Manganese, which you can use to evaluate the volatility of the firm. Please confirm American Manganese's risk adjusted performance of 0.0174, and Mean Deviation of 4.7 to double-check if the risk estimate we provide is consistent with the expected return of 0.0137%. The firm shows a Beta (market volatility) of 0.75, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, American Manganese's returns are expected to increase less than the market. However, during the bear market, the loss of holding American Manganese is expected to be smaller as well. American Manganese right now shows a risk of 7.22%. Please confirm American Manganese standard deviation, expected short fall, period momentum indicator, as well as the relationship between the maximum drawdown and rate of daily change , to decide if American Manganese will be following its price patterns.
Auto-correlation | 0.44 |
Average predictability
American Manganese has average predictability. Overlapping area represents the amount of predictability between American Manganese time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 to 3rd 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 American Manganese price movement. The serial correlation of 0.44 indicates that just about 44.0% of current American Manganese price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
American Manganese lagged returns against current returns
Autocorrelation, which is American Manganese 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 American Manganese's otc stock expected returns. We can calculate the autocorrelation of American Manganese returns to help us make a trade decision. For example, suppose you find that American Manganese 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 |
American Manganese 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 American Manganese otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if American Manganese otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in American Manganese otc stock over time.
Current vs Lagged Prices |
| Timeline |
American Manganese Lagged Returns
When evaluating American Manganese's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of American Manganese otc stock have on its future price. American Manganese 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, American Manganese autocorrelation shows the relationship between American Manganese otc stock current value and its past values and can show if there is a momentum factor associated with investing in American Manganese.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in American OTC Stock
American Manganese financial ratios help investors to determine whether American 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 American with respect to the benefits of owning American Manganese security.