Minehub Technologies Stock Market Value
| MHUB Stock | 0.33 0.03 10.00% |
| Symbol | Minehub |
Minehub Technologies '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 Minehub Technologies' 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 Minehub Technologies.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in Minehub Technologies on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Minehub Technologies or generate 0.0% return on investment in Minehub Technologies over 60 days. More
Minehub Technologies 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 Minehub Technologies' 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 Minehub Technologies upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.9 | |||
| Information Ratio | 0.1003 | |||
| Maximum Drawdown | 38.05 | |||
| Value At Risk | (8.00) | |||
| Potential Upside | 10.0 |
Minehub Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Minehub Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Minehub Technologies' standard deviation. In reality, there are many statistical measures that can use Minehub Technologies historical prices to predict the future Minehub Technologies' volatility.| Risk Adjusted Performance | 0.093 | |||
| Jensen Alpha | 0.6158 | |||
| Total Risk Alpha | 0.5252 | |||
| Sortino Ratio | 0.1024 | |||
| Treynor Ratio | 6.87 |
Minehub Technologies Backtested Returns
Minehub Technologies appears to be out of control, given 3 months investment horizon. Minehub Technologies has Sharpe Ratio of 0.1, which conveys that the firm had a 0.1% return per unit of risk over the last 3 months. By analyzing Minehub Technologies' technical indicators, you can evaluate if the expected return of 0.63% is justified by implied risk. Please exercise Minehub Technologies' Downside Deviation of 5.9, mean deviation of 4.23, and Risk Adjusted Performance of 0.093 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Minehub Technologies holds a performance score of 8. The company secures a Beta (Market Risk) of 0.0898, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Minehub Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding Minehub Technologies is expected to be smaller as well. Please check Minehub Technologies' sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Minehub Technologies' current price movements will revert.
Auto-correlation | -0.19 |
Insignificant reverse predictability
Minehub Technologies has insignificant reverse predictability. Overlapping area represents the amount of predictability between Minehub Technologies time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th of January 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 Minehub Technologies price movement. The serial correlation of -0.19 indicates that over 19.0% of current Minehub Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Minehub Technologies lagged returns against current returns
Autocorrelation, which is Minehub Technologies 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 Minehub Technologies' stock expected returns. We can calculate the autocorrelation of Minehub Technologies returns to help us make a trade decision. For example, suppose you find that Minehub Technologies 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 |
Minehub Technologies 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 Minehub Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Minehub Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Minehub Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
Minehub Technologies Lagged Returns
When evaluating Minehub Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Minehub Technologies stock have on its future price. Minehub Technologies 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, Minehub Technologies autocorrelation shows the relationship between Minehub Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Minehub Technologies.
Regressed Prices |
| Timeline |
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Additional Tools for Minehub Stock Analysis
When running Minehub Technologies' price analysis, check to measure Minehub Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Minehub Technologies is operating at the current time. Most of Minehub Technologies' value examination focuses on studying past and present price action to predict the probability of Minehub Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Minehub Technologies' price. Additionally, you may evaluate how the addition of Minehub Technologies to your portfolios can decrease your overall portfolio volatility.