Eagle Mountain Mining Stock Market Value
| EGMMF Stock | USD 0.01 0.00 0.00% |
| Symbol | Eagle |
Eagle Mountain '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 Eagle Mountain's 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 Eagle Mountain.
| 10/24/2024 |
| 01/22/2025 |
If you would invest 0.00 in Eagle Mountain on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Eagle Mountain Mining or generate 0.0% return on investment in Eagle Mountain over 90 days. Eagle Mountain is related to or competes with Asbury Automotive, Vasta Platform, Adtalem Global, Genuine Parts, Ihuman, Titan Machinery, and GMS. Eagle Mountain Mining Limited, together with its subsidiaries, engages in the exploration of mineral resources in Austra... More
Eagle Mountain 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 Eagle Mountain's 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 Eagle Mountain Mining upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0097 | |||
| Maximum Drawdown | 181.23 |
Eagle Mountain Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eagle Mountain's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Eagle Mountain's standard deviation. In reality, there are many statistical measures that can use Eagle Mountain historical prices to predict the future Eagle Mountain's volatility.| Risk Adjusted Performance | 0.0194 | |||
| Jensen Alpha | 0.2611 | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | (0.1) |
Eagle Mountain Mining Backtested Returns
Eagle Mountain appears to be out of control, given 3 months investment horizon. Eagle Mountain Mining secures Sharpe Ratio (or Efficiency) of 0.012, which denotes the company had a 0.012 % return per unit of risk over the last 3 months. We have found sixteen technical indicators for Eagle Mountain Mining, which you can use to evaluate the volatility of the firm. Please utilize Eagle Mountain's Mean Deviation of 3.8, standard deviation of 18.38, and Variance of 337.86 to check if our risk estimates are consistent with your expectations. The firm shows a Beta (market volatility) of -2.1, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Eagle Mountain are expected to decrease by larger amounts. On the other hand, during market turmoil, Eagle Mountain is expected to outperform it. Please check Eagle Mountain's mean deviation, information ratio, as well as the relationship between the Information Ratio and kurtosis , to make a quick decision on whether Eagle Mountain's price patterns will revert.
Auto-correlation | 0.00 |
No correlation between past and present
Eagle Mountain Mining has no correlation between past and present. Overlapping area represents the amount of predictability between Eagle Mountain time series from 24th of October 2024 to 8th of December 2024 and 8th of December 2024 to 22nd 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 Eagle Mountain Mining price movement. The serial correlation of 0.0 indicates that just 0.0% of current Eagle Mountain price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Eagle Mountain Mining lagged returns against current returns
Autocorrelation, which is Eagle Mountain pink sheet'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 Eagle Mountain's pink sheet expected returns. We can calculate the autocorrelation of Eagle Mountain returns to help us make a trade decision. For example, suppose you find that Eagle Mountain has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Eagle Mountain 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 Eagle Mountain pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Eagle Mountain pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Eagle Mountain pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Eagle Mountain Lagged Returns
When evaluating Eagle Mountain's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Eagle Mountain pink sheet have on its future price. Eagle Mountain 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, Eagle Mountain autocorrelation shows the relationship between Eagle Mountain pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Eagle Mountain Mining.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Eagle Pink Sheet
Eagle Mountain financial ratios help investors to determine whether Eagle Pink Sheet 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 Eagle with respect to the benefits of owning Eagle Mountain security.