Medaro Mining Corp Stock Market Value
| MEDAF Stock | USD 0.07 0.01 12.54% |
| Symbol | Medaro |
Medaro 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 Medaro Mining'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 Medaro Mining.
| 01/30/2025 |
| 03/01/2025 |
If you would invest 0.00 in Medaro Mining on January 30, 2025 and sell it all today you would earn a total of 0.00 from holding Medaro Mining Corp or generate 0.0% return on investment in Medaro Mining over 30 days. Medaro Mining is related to or competes with Ameriwest Lithium, C3 Metals, Syrah Resources, and Osisko Metals. Medaro Mining Corp. acquires, explores, and evaluates mineral resource properties in Canada More
Medaro 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 Medaro Mining'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 Medaro Mining Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 14.59 | |||
| Information Ratio | 0.0264 | |||
| Maximum Drawdown | 71.29 | |||
| Value At Risk | (21.67) | |||
| Potential Upside | 30.72 |
Medaro Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Medaro Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Medaro Mining's standard deviation. In reality, there are many statistical measures that can use Medaro Mining historical prices to predict the future Medaro Mining's volatility.| Risk Adjusted Performance | 0.0283 | |||
| Jensen Alpha | 0.4053 | |||
| Total Risk Alpha | 0.8373 | |||
| Sortino Ratio | 0.027 | |||
| Treynor Ratio | 0.2526 |
Medaro Mining Corp Backtested Returns
Medaro Mining appears to be out of control, given 3 months investment horizon. Medaro Mining Corp has Sharpe Ratio of 0.0357, which conveys that the firm had a 0.0357 % return per unit of risk over the last 3 months. By analyzing Medaro Mining's technical indicators, you can evaluate if the expected return of 0.54% is justified by implied risk. Please exercise Medaro Mining's Downside Deviation of 14.59, mean deviation of 10.8, and Risk Adjusted Performance of 0.0283 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Medaro Mining holds a performance score of 2. The company secures a Beta (Market Risk) of 1.47, 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, Medaro Mining will likely underperform. Please check Medaro Mining's downside deviation, total risk alpha, value at risk, as well as the relationship between the information ratio and treynor ratio , to make a quick decision on whether Medaro Mining's current price movements will revert.
Auto-correlation | -0.03 |
Very weak reverse predictability
Medaro Mining Corp has very weak reverse predictability. Overlapping area represents the amount of predictability between Medaro Mining time series from 30th of January 2025 to 14th of February 2025 and 14th of February 2025 to 1st 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 Medaro Mining Corp price movement. The serial correlation of -0.03 indicates that only 3.0% of current Medaro Mining price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.03 | |
| Spearman Rank Test | 0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Medaro Mining Corp lagged returns against current returns
Autocorrelation, which is Medaro Mining 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 Medaro Mining's pink sheet expected returns. We can calculate the autocorrelation of Medaro Mining returns to help us make a trade decision. For example, suppose you find that Medaro Mining 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 |
Medaro 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 Medaro Mining pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Medaro Mining pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Medaro Mining pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Medaro Mining Lagged Returns
When evaluating Medaro Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Medaro Mining pink sheet have on its future price. Medaro 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, Medaro Mining autocorrelation shows the relationship between Medaro Mining pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Medaro Mining Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Medaro Pink Sheet
Medaro Mining financial ratios help investors to determine whether Medaro 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 Medaro with respect to the benefits of owning Medaro Mining security.