MC Mining (South Africa) Market Value

MCZ Stock   110.00  6.00  5.17%   
MC Mining's market value is the price at which a share of MC Mining trades on a public exchange. It measures the collective expectations of MC Mining investors about its performance. MC Mining is trading at 110.00 as of the 5th of March 2025, a 5.17 percent decrease since the beginning of the trading day. The stock's lowest day price was 110.0.
With this module, you can estimate the performance of a buy and hold strategy of MC Mining and determine expected loss or profit from investing in MC Mining over a given investment horizon. Check out MC Mining Correlation, MC Mining Volatility and MC Mining Alpha and Beta module to complement your research on MC Mining.
Symbol

Please note, there is a significant difference between MC Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if MC Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MC Mining'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.

MC Mining '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 MC Mining'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 MC Mining.
0.00
02/03/2025
No Change 0.00  0.0 
In 30 days
03/05/2025
0.00
If you would invest  0.00  in MC Mining on February 3, 2025 and sell it all today you would earn a total of 0.00 from holding MC Mining or generate 0.0% return on investment in MC Mining over 30 days. MC Mining is related to or competes with Allied Electronics, Brimstone Investment, Safari Investments, Frontier Transport, Zeder Investments, Bytes Technology, and Hosken Consolidated. More

MC Mining 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 MC Mining'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 MC Mining upside and downside potential and time the market with a certain degree of confidence.

MC Mining Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for MC Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MC Mining's standard deviation. In reality, there are many statistical measures that can use MC Mining historical prices to predict the future MC Mining's volatility.
Hype
Prediction
LowEstimatedHigh
105.28110.00114.72
Details
Intrinsic
Valuation
LowRealHigh
99.86104.58121.00
Details
Naive
Forecast
LowNextHigh
94.4599.17103.89
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
95.48134.87174.25
Details

MC Mining Backtested Returns

MC Mining retains Efficiency (Sharpe Ratio) of -0.0747, which conveys that the company had a -0.0747 % return per unit of price deviation over the last 3 months. MC Mining exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MC Mining's Information Ratio of (0.06), mean deviation of 2.3, and Market Risk Adjusted Performance of 0.4457 to check out the risk estimate we provide. The firm owns a Beta (Systematic Risk) of -0.78, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning MC Mining are expected to decrease at a much lower rate. During the bear market, MC Mining is likely to outperform the market. At this point, MC Mining has a negative expected return of -0.35%. Please make sure to verify MC Mining's coefficient of variation, treynor ratio, skewness, as well as the relationship between the jensen alpha and value at risk , to decide if MC Mining performance from the past will be repeated sooner or later.

Auto-correlation

    
  0.33  

Below average predictability

MC Mining has below average predictability. Overlapping area represents the amount of predictability between MC Mining time series from 3rd of February 2025 to 18th of February 2025 and 18th of February 2025 to 5th 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 MC Mining price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current MC Mining price fluctuation can be explain by its past prices.
Correlation Coefficient0.33
Spearman Rank Test-0.07
Residual Average0.0
Price Variance11.69

MC Mining lagged returns against current returns

Autocorrelation, which is MC Mining 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 MC Mining's stock expected returns. We can calculate the autocorrelation of MC Mining returns to help us make a trade decision. For example, suppose you find that MC Mining 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  

MC Mining 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 MC Mining stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MC Mining stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MC Mining stock over time.
   Current vs Lagged Prices   
       Timeline  

MC Mining Lagged Returns

When evaluating MC Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MC Mining stock have on its future price. MC Mining 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, MC Mining autocorrelation shows the relationship between MC Mining stock current value and its past values and can show if there is a momentum factor associated with investing in MC Mining.
   Regressed Prices   
       Timeline  

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Other Information on Investing in MCZ Stock

MC Mining financial ratios help investors to determine whether MCZ 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 MCZ with respect to the benefits of owning MC Mining security.