Mount Gibson (Germany) Market Value
| FWQ Stock | EUR 0.17 0.00 0.00% |
| Symbol | Mount |
Mount Gibson '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 Mount Gibson'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 Mount Gibson.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in Mount Gibson on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Mount Gibson Iron or generate 0.0% return on investment in Mount Gibson over 60 days. Mount Gibson is related to or competes with Nippon Steel, NIPPON STEEL, POSCO Holdings, and Reliance Steel. Mount Gibson Iron Limited, together with its subsidiaries, engages in the mining, exploration, crushing, transportation,... More
Mount Gibson 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 Mount Gibson'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 Mount Gibson Iron upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 18.06 | |||
| Value At Risk | (5.56) | |||
| Potential Upside | 5.88 |
Mount Gibson Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mount Gibson's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mount Gibson's standard deviation. In reality, there are many statistical measures that can use Mount Gibson historical prices to predict the future Mount Gibson's volatility.| Risk Adjusted Performance | 0.0059 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | 0.0437 |
Mount Gibson Iron Backtested Returns
Mount Gibson Iron has Sharpe Ratio of -0.0272, which conveys that the firm had a -0.0272% return per unit of risk over the last 3 months. Mount Gibson exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mount Gibson's Mean Deviation of 2.59, standard deviation of 3.96, and Risk Adjusted Performance of 0.0059 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.46, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Mount Gibson are expected to decrease at a much lower rate. During the bear market, Mount Gibson is likely to outperform the market. At this point, Mount Gibson Iron has a negative expected return of -0.11%. Please make sure to verify Mount Gibson's potential upside, as well as the relationship between the kurtosis and day median price , to decide if Mount Gibson Iron performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.51 |
Modest predictability
Mount Gibson Iron has modest predictability. Overlapping area represents the amount of predictability between Mount Gibson time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th 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 Mount Gibson Iron price movement. The serial correlation of 0.51 indicates that about 51.0% of current Mount Gibson price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.51 | |
| Spearman Rank Test | -0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Mount Gibson Iron lagged returns against current returns
Autocorrelation, which is Mount Gibson 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 Mount Gibson's stock expected returns. We can calculate the autocorrelation of Mount Gibson returns to help us make a trade decision. For example, suppose you find that Mount Gibson 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 |
Mount Gibson 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 Mount Gibson stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mount Gibson stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mount Gibson stock over time.
Current vs Lagged Prices |
| Timeline |
Mount Gibson Lagged Returns
When evaluating Mount Gibson's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mount Gibson stock have on its future price. Mount Gibson 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, Mount Gibson autocorrelation shows the relationship between Mount Gibson stock current value and its past values and can show if there is a momentum factor associated with investing in Mount Gibson Iron.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Mount Stock
Mount Gibson financial ratios help investors to determine whether Mount 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 Mount with respect to the benefits of owning Mount Gibson security.