Macmahon Holdings' market value is the price at which a share of Macmahon Holdings trades on a public exchange. It measures the collective expectations of Macmahon Holdings Limited investors about its performance. Macmahon Holdings is trading at 0.2 as of the 17th of March 2025. This is a No Change since the beginning of the trading day. The stock's lowest day price was 0.2. With this module, you can estimate the performance of a buy and hold strategy of Macmahon Holdings Limited and determine expected loss or profit from investing in Macmahon Holdings over a given investment horizon. Check out Macmahon Holdings Correlation, Macmahon Holdings Volatility and Macmahon Holdings Alpha and Beta module to complement your research on Macmahon Holdings.
Please note, there is a significant difference between Macmahon Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Macmahon Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Macmahon Holdings' 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.
Macmahon Holdings '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 Macmahon Holdings' 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 Macmahon Holdings.
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12/17/2024
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In 3 months and 1 day
03/17/2025
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If you would invest 0.00 in Macmahon Holdings on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Macmahon Holdings Limited or generate 0.0% return on investment in Macmahon Holdings over 90 days. Macmahon Holdings is related to or competes with Sea, BCE, Streamline Health, Asure Software, Viemed Healthcare, Cardinal Health, and Regeneron Pharmaceuticals. Macmahon Holdings Limited provides mining and civil construction services to mining companies in Australia, Indinesia, M... More
Macmahon Holdings 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 Macmahon Holdings' 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 Macmahon Holdings Limited 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 Macmahon Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Macmahon Holdings' standard deviation. In reality, there are many statistical measures that can use Macmahon Holdings historical prices to predict the future Macmahon Holdings' volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Macmahon Holdings. Your research has to be compared to or analyzed against Macmahon Holdings' peers to derive any actionable benefits. When done correctly, Macmahon Holdings' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Macmahon Holdings.
Macmahon Holdings Backtested Returns
Macmahon Holdings 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. Macmahon Holdings exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Macmahon Holdings' Risk Adjusted Performance of (0.15), standard deviation of 1.84, and Mean Deviation of 0.6198 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.68, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Macmahon Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Macmahon Holdings is expected to be smaller as well. At this point, Macmahon Holdings has a negative expected return of -0.15%. Please make sure to verify Macmahon Holdings' variance, as well as the relationship between the maximum drawdown and rate of daily change , to decide if Macmahon Holdings performance from the past will be repeated at some point in the near future.
Correlation Coefficient
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Spearman Rank Test
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Residual Average
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Price Variance
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Macmahon Holdings lagged returns against current returns
Autocorrelation, which is Macmahon Holdings 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 Macmahon Holdings' pink sheet expected returns. We can calculate the autocorrelation of Macmahon Holdings returns to help us make a trade decision. For example, suppose you find that Macmahon Holdings 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
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Macmahon Holdings 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 Macmahon Holdings pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Macmahon Holdings pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Macmahon Holdings pink sheet over time.
Current vs Lagged Prices
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Macmahon Holdings Lagged Returns
When evaluating Macmahon Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Macmahon Holdings pink sheet have on its future price. Macmahon Holdings 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, Macmahon Holdings autocorrelation shows the relationship between Macmahon Holdings pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Macmahon Holdings Limited.
Other Information on Investing in Macmahon Pink Sheet
Macmahon Holdings financial ratios help investors to determine whether Macmahon 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 Macmahon with respect to the benefits of owning Macmahon Holdings security.