Mountain Boy Minerals Stock Market Value
| MBYMF Stock | USD 0.01 0.0003 2.36% |
| Symbol | Mountain |
Mountain Boy '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 Mountain Boy'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 Mountain Boy.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in Mountain Boy on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding Mountain Boy Minerals or generate 0.0% return on investment in Mountain Boy over 720 days. Mountain Boy is related to or competes with Kodiak Copper, Scottie Resources, Silver Tiger, Summa Silver, Goliath Resources, Gold79 Mines, and Arras Minerals. Mountain Boy Minerals Ltd., an exploration stage company, engages in the acquisition, exploration, and evaluation of min... More
Mountain Boy 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 Mountain Boy'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 Mountain Boy Minerals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 13.73 | |||
| Information Ratio | 0.0059 | |||
| Maximum Drawdown | 75.87 | |||
| Value At Risk | (17.60) | |||
| Potential Upside | 28.47 |
Mountain Boy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mountain Boy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mountain Boy's standard deviation. In reality, there are many statistical measures that can use Mountain Boy historical prices to predict the future Mountain Boy's volatility.| Risk Adjusted Performance | 0.0217 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (2.07) | |||
| Sortino Ratio | 0.0059 | |||
| Treynor Ratio | 0.115 |
Mountain Boy Minerals Backtested Returns
Mountain Boy appears to be out of control, given 3 months investment horizon. Mountain Boy Minerals has Sharpe Ratio of 0.042, which conveys that the firm had a 0.042% return per unit of risk over the last 3 months. By analyzing Mountain Boy's technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please exercise Mountain Boy's Risk Adjusted Performance of 0.0217, mean deviation of 6.95, and Downside Deviation of 13.73 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Mountain Boy holds a performance score of 3. The company secures a Beta (Market Risk) of 1.81, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Mountain Boy will likely underperform. Please check Mountain Boy's potential upside, as well as the relationship between the skewness and day median price , to make a quick decision on whether Mountain Boy's current price movements will revert.
Auto-correlation | 0.07 |
Virtually no predictability
Mountain Boy Minerals has virtually no predictability. Overlapping area represents the amount of predictability between Mountain Boy 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 Mountain Boy Minerals price movement. The serial correlation of 0.07 indicates that barely 7.0% of current Mountain Boy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.07 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Mountain Boy Minerals lagged returns against current returns
Autocorrelation, which is Mountain Boy 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 Mountain Boy's otc stock expected returns. We can calculate the autocorrelation of Mountain Boy returns to help us make a trade decision. For example, suppose you find that Mountain Boy 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 |
Mountain Boy 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 Mountain Boy otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mountain Boy otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mountain Boy otc stock over time.
Current vs Lagged Prices |
| Timeline |
Mountain Boy Lagged Returns
When evaluating Mountain Boy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mountain Boy otc stock have on its future price. Mountain Boy 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, Mountain Boy autocorrelation shows the relationship between Mountain Boy otc stock current value and its past values and can show if there is a momentum factor associated with investing in Mountain Boy Minerals.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Mountain OTC Stock
Mountain Boy financial ratios help investors to determine whether Mountain 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 Mountain with respect to the benefits of owning Mountain Boy security.