Franklin Mining Stock Market Value
| FMNJ Stock | USD 0 0.0005 29.41% |
| Symbol | Franklin |
Franklin Mining '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 Franklin Mining'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 Franklin Mining.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in Franklin Mining on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding Franklin Mining or generate 0.0% return on investment in Franklin Mining over 720 days. Franklin Mining is related to or competes with South32, NioCorp Developments, HUMANA, SCOR PK, Ab Pennsylvania, Small Cap, and Thrivent High. Franklin Mining, Inc., a mining and exploration company, acquires and develops mineral properties More
Franklin Mining 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 Franklin Mining'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 Franklin Mining upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 22.03 | |||
| Information Ratio | 0.0081 | |||
| Maximum Drawdown | 62.75 | |||
| Value At Risk | (23.53) | |||
| Potential Upside | 30.77 |
Franklin Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Franklin Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Franklin Mining's standard deviation. In reality, there are many statistical measures that can use Franklin Mining historical prices to predict the future Franklin Mining's volatility.| Risk Adjusted Performance | 0.0235 | |||
| Jensen Alpha | 1.09 | |||
| Total Risk Alpha | (1.98) | |||
| Sortino Ratio | 0.0049 | |||
| Treynor Ratio | (0.03) |
Franklin Mining Backtested Returns
Franklin Mining appears to be out of control, given 3 months investment horizon. Franklin Mining secures Sharpe Ratio (or Efficiency) of 0.0166, which denotes the company had a 0.0166% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Franklin Mining, which you can use to evaluate the volatility of the firm. Please utilize Franklin Mining's Mean Deviation of 6.93, downside deviation of 22.03, and Semi Deviation of 9.3 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Franklin Mining holds a performance score of 1. The firm shows a Beta (market volatility) of -6.73, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Franklin Mining are expected to decrease by larger amounts. On the other hand, during market turmoil, Franklin Mining is expected to outperform it. Please check Franklin Mining's value at risk, rate of daily change, and the relationship between the total risk alpha and expected short fall , to make a quick decision on whether Franklin Mining's price patterns will revert.
Auto-correlation | 0.64 |
Good predictability
Franklin Mining has good predictability. Overlapping area represents the amount of predictability between Franklin Mining time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 to 1st 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 Franklin Mining price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Franklin Mining price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Franklin Mining lagged returns against current returns
Autocorrelation, which is Franklin Mining 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 Franklin Mining's pink sheet expected returns. We can calculate the autocorrelation of Franklin Mining returns to help us make a trade decision. For example, suppose you find that Franklin Mining 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 |
Franklin Mining 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 Franklin Mining pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Franklin Mining pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Franklin Mining pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Franklin Mining Lagged Returns
When evaluating Franklin Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Franklin Mining pink sheet have on its future price. Franklin Mining 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, Franklin Mining autocorrelation shows the relationship between Franklin Mining pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Franklin Mining.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectOther Information on Investing in Franklin Pink Sheet
Franklin Mining financial ratios help investors to determine whether Franklin 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 Franklin with respect to the benefits of owning Franklin Mining security.