Marimaca Copper's market value is the price at which a share of Marimaca Copper trades on a public exchange. It measures the collective expectations of Marimaca Copper Corp investors about its performance. Marimaca Copper is trading at 3.65 as of the 7th of January 2025. This is a 0.82% down since the beginning of the trading day. The stock's lowest day price was 3.65. With this module, you can estimate the performance of a buy and hold strategy of Marimaca Copper Corp and determine expected loss or profit from investing in Marimaca Copper over a given investment horizon. Check out Marimaca Copper Correlation, Marimaca Copper Volatility and Marimaca Copper Alpha and Beta module to complement your research on Marimaca Copper.
Please note, there is a significant difference between Marimaca Copper's value and its price as these two are different measures arrived at by different means. Investors typically determine if Marimaca Copper is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marimaca Copper's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Marimaca Copper '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 Marimaca Copper'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 Marimaca Copper.
0.00
12/08/2024
No Change 0.00
0.0
In 30 days
01/07/2025
0.00
If you would invest 0.00 in Marimaca Copper on December 8, 2024 and sell it all today you would earn a total of 0.00 from holding Marimaca Copper Corp or generate 0.0% return on investment in Marimaca Copper over 30 days. Marimaca Copper is related to or competes with Dor Copper, CopperCorp Resources, Copper Fox, and Imperial Metals. More
Marimaca Copper 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 Marimaca Copper'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 Marimaca Copper Corp 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 Marimaca Copper's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Marimaca Copper's standard deviation. In reality, there are many statistical measures that can use Marimaca Copper historical prices to predict the future Marimaca Copper's volatility.
Marimaca Copper appears to be moderately volatile, given 3 months investment horizon. Marimaca Copper Corp has Sharpe Ratio of 0.13, which conveys that the firm had a 0.13% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Marimaca Copper, which you can use to evaluate the volatility of the firm. Please exercise Marimaca Copper's Downside Deviation of 2.83, mean deviation of 1.71, and Risk Adjusted Performance of 0.1134 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Marimaca Copper holds a performance score of 10. The company secures a Beta (Market Risk) of 0.31, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Marimaca Copper's returns are expected to increase less than the market. However, during the bear market, the loss of holding Marimaca Copper is expected to be smaller as well. Please check Marimaca Copper's semi variance, and the relationship between the maximum drawdown and daily balance of power , to make a quick decision on whether Marimaca Copper's current price movements will revert.
Auto-correlation
-0.76
Almost perfect reverse predictability
Marimaca Copper Corp has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Marimaca Copper time series from 8th of December 2024 to 23rd of December 2024 and 23rd of December 2024 to 7th 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 Marimaca Copper Corp price movement. The serial correlation of -0.76 indicates that around 76.0% of current Marimaca Copper price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.76
Spearman Rank Test
-0.9
Residual Average
0.0
Price Variance
0.07
Marimaca Copper Corp lagged returns against current returns
Autocorrelation, which is Marimaca Copper 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 Marimaca Copper's otc stock expected returns. We can calculate the autocorrelation of Marimaca Copper returns to help us make a trade decision. For example, suppose you find that Marimaca Copper 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
Marimaca Copper 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 Marimaca Copper otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Marimaca Copper otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Marimaca Copper otc stock over time.
Current vs Lagged Prices
Timeline
Marimaca Copper Lagged Returns
When evaluating Marimaca Copper's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Marimaca Copper otc stock have on its future price. Marimaca Copper 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, Marimaca Copper autocorrelation shows the relationship between Marimaca Copper otc stock current value and its past values and can show if there is a momentum factor associated with investing in Marimaca Copper Corp.
Other Information on Investing in Marimaca OTC Stock
Marimaca Copper financial ratios help investors to determine whether Marimaca 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 Marimaca with respect to the benefits of owning Marimaca Copper security.