Mccoy Global Stock Market Value
| MCCRF Stock | USD 2.02 0.01 0.50% |
| Symbol | Mccoy |
Mccoy Global '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 Mccoy Global'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 Mccoy Global.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Mccoy Global on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Mccoy Global or generate 0.0% return on investment in Mccoy Global over 90 days. Mccoy Global is related to or competes with Dawson Geophysical, National Energy, Ranger Energy, MRC Global, NCS Multistage, Now, and Enerflex. McCoy Global Inc. provides equipment and technologies to support tubular running operations that enhance wellbore integr... More
Mccoy Global 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 Mccoy Global'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 Mccoy Global upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.44 | |||
| Information Ratio | 0.0649 | |||
| Maximum Drawdown | 23.54 | |||
| Value At Risk | (4.52) | |||
| Potential Upside | 5.61 |
Mccoy Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mccoy Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mccoy Global's standard deviation. In reality, there are many statistical measures that can use Mccoy Global historical prices to predict the future Mccoy Global's volatility.| Risk Adjusted Performance | 0.0409 | |||
| Jensen Alpha | 0.2103 | |||
| Total Risk Alpha | 0.5977 | |||
| Sortino Ratio | 0.07 | |||
| Treynor Ratio | 0.1843 |
Mccoy Global Backtested Returns
At this point, Mccoy Global is very risky. Mccoy Global has Sharpe Ratio of 0.0382, which conveys that the firm had a 0.0382 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Mccoy Global, which you can use to evaluate the volatility of the firm. Please verify Mccoy Global's Risk Adjusted Performance of 0.0409, downside deviation of 3.44, and Mean Deviation of 2.45 to check out if the risk estimate we provide is consistent with the expected return of 0.14%. Mccoy Global has a performance score of 3 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.72, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Mccoy Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mccoy Global is expected to be smaller as well. Mccoy Global right now secures a risk of 3.72%. Please verify Mccoy Global information ratio, downside variance, day typical price, as well as the relationship between the treynor ratio and kurtosis , to decide if Mccoy Global will be following its current price movements.
Auto-correlation | 0.28 |
Poor predictability
Mccoy Global has poor predictability. Overlapping area represents the amount of predictability between Mccoy Global time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 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 Mccoy Global price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Mccoy Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Mccoy Global lagged returns against current returns
Autocorrelation, which is Mccoy Global 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 Mccoy Global's pink sheet expected returns. We can calculate the autocorrelation of Mccoy Global returns to help us make a trade decision. For example, suppose you find that Mccoy Global 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 |
Mccoy Global 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 Mccoy Global pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mccoy Global pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mccoy Global pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Mccoy Global Lagged Returns
When evaluating Mccoy Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mccoy Global pink sheet have on its future price. Mccoy Global 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, Mccoy Global autocorrelation shows the relationship between Mccoy Global pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Mccoy Global.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Mccoy Pink Sheet
Mccoy Global financial ratios help investors to determine whether Mccoy 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 Mccoy with respect to the benefits of owning Mccoy Global security.