Maple Gold Mines Stock Market Value
| MGMLF Stock | USD 0.04 0 8.46% |
| Symbol | Maple |
Maple Gold '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 Maple Gold'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 Maple Gold.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Maple Gold on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Maple Gold Mines or generate 0.0% return on investment in Maple Gold over 90 days. Maple Gold is related to or competes with Steppe Gold, Caledonia Mining, Fortuna Silver, Sandstorm Gold, Heliostar Metals, Independence Gold, and Snowline Gold. Maple Gold Mines Ltd. operates as a gold exploration company in Canada More
Maple Gold 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 Maple Gold'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 Maple Gold Mines upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.43 | |||
| Information Ratio | 0.0378 | |||
| Maximum Drawdown | 30.41 | |||
| Value At Risk | (9.74) | |||
| Potential Upside | 10.2 |
Maple Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Maple Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Maple Gold's standard deviation. In reality, there are many statistical measures that can use Maple Gold historical prices to predict the future Maple Gold's volatility.| Risk Adjusted Performance | 0.0283 | |||
| Jensen Alpha | 0.246 | |||
| Total Risk Alpha | 0.954 | |||
| Sortino Ratio | 0.0332 | |||
| Treynor Ratio | 0.1379 |
Maple Gold Mines Backtested Returns
At this point, Maple Gold is out of control. Maple Gold Mines has Sharpe Ratio of 0.0226, which conveys that the firm had a 0.0226 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Maple Gold, which you can use to evaluate the volatility of the firm. Please verify Maple Gold's Downside Deviation of 7.43, risk adjusted performance of 0.0283, and Mean Deviation of 4.92 to check out if the risk estimate we provide is consistent with the expected return of 0.15%. Maple Gold has a performance score of 1 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 1.0, which conveys possible diversification benefits within a given portfolio. Maple Gold returns are very sensitive to returns on the market. As the market goes up or down, Maple Gold is expected to follow. Maple Gold Mines right now secures a risk of 6.52%. Please verify Maple Gold Mines maximum drawdown and the relationship between the semi variance and day typical price , to decide if Maple Gold Mines will be following its current price movements.
Auto-correlation | -0.19 |
Insignificant reverse predictability
Maple Gold Mines has insignificant reverse predictability. Overlapping area represents the amount of predictability between Maple Gold 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 Maple Gold Mines price movement. The serial correlation of -0.19 indicates that over 19.0% of current Maple Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | -0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Maple Gold Mines lagged returns against current returns
Autocorrelation, which is Maple Gold 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 Maple Gold's otc stock expected returns. We can calculate the autocorrelation of Maple Gold returns to help us make a trade decision. For example, suppose you find that Maple Gold 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 |
Maple Gold 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 Maple Gold otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Maple Gold otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Maple Gold otc stock over time.
Current vs Lagged Prices |
| Timeline |
Maple Gold Lagged Returns
When evaluating Maple Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Maple Gold otc stock have on its future price. Maple Gold 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, Maple Gold autocorrelation shows the relationship between Maple Gold otc stock current value and its past values and can show if there is a momentum factor associated with investing in Maple Gold Mines.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Maple OTC Stock
Maple Gold financial ratios help investors to determine whether Maple 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 Maple with respect to the benefits of owning Maple Gold security.