Formation Minerals,'s market value is the price at which a share of Formation Minerals, trades on a public exchange. It measures the collective expectations of Formation Minerals, investors about its performance. Formation Minerals, is trading at 0.054 as of the 10th of January 2025. This is a 23.29% up since the beginning of the trading day. The stock's open price was 0.0438. With this module, you can estimate the performance of a buy and hold strategy of Formation Minerals, and determine expected loss or profit from investing in Formation Minerals, over a given investment horizon. Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in population.
Symbol
Formation
Formation 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 Formation Minerals,'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 Formation Minerals,.
0.00
01/21/2023
No Change 0.00
0.0
In 1 year 11 months and 22 days
01/10/2025
0.00
If you would invest 0.00 in Formation Minerals, on January 21, 2023 and sell it all today you would earn a total of 0.00 from holding Formation Minerals, or generate 0.0% return on investment in Formation Minerals, over 720 days.
Formation 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 Formation Minerals,'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 Formation Minerals, 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 Formation Minerals,'s investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Formation Minerals,'s standard deviation. In reality, there are many statistical measures that can use Formation Minerals, historical prices to predict the future Formation Minerals,'s volatility.
Formation Minerals, secures Sharpe Ratio (or Efficiency) of 0.0887, which denotes the company had a 0.0887% return per unit of risk over the last 3 months. We have collected data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.38% are justified by taking the suggested risk. Use Formation Minerals, Downside Deviation of 13.44, mean deviation of 9.82, and Coefficient Of Variation of 1285.74 to evaluate company specific risk that cannot be diversified away. Formation Minerals, holds a performance score of 6 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -2.43, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Formation Minerals, are expected to decrease by larger amounts. On the other hand, during market turmoil, Formation Minerals, is expected to outperform it. Use Formation Minerals, maximum drawdown and the relationship between the semi variance and day typical price , to analyze future returns on Formation Minerals,.
Auto-correlation
Huge
Perfect predictability
Formation Minerals, has perfect predictability. Overlapping area represents the amount of predictability between Formation Minerals, time series from 21st of January 2023 to 16th of January 2024 and 16th of January 2024 to 10th 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 Formation Minerals, price movement. The serial correlation of 9.223372036854776E16 indicates that 9.223372036854776E16% of current Formation Minerals, price fluctuation can be explain by its past prices.
Correlation Coefficient
92233.7 T
Spearman Rank Test
-0.79
Residual Average
0.0
Price Variance
0.12
Formation Minerals, lagged returns against current returns
Autocorrelation, which is Formation Minerals, 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 Formation Minerals,'s otc stock expected returns. We can calculate the autocorrelation of Formation Minerals, returns to help us make a trade decision. For example, suppose you find that Formation Minerals, 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
Formation 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 Formation Minerals, otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Formation Minerals, otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Formation Minerals, otc stock over time.
Current vs Lagged Prices
Timeline
Formation Minerals, Lagged Returns
When evaluating Formation Minerals,'s market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Formation Minerals, otc stock have on its future price. Formation 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, Formation Minerals, autocorrelation shows the relationship between Formation Minerals, otc stock current value and its past values and can show if there is a momentum factor associated with investing in Formation Minerals,.