Minaurum Gold Stock Market Value

MMRGF Stock  USD 0.16  0.01  5.88%   
Minaurum Gold's market value is the price at which a share of Minaurum Gold trades on a public exchange. It measures the collective expectations of Minaurum Gold investors about its performance. Minaurum Gold is trading at 0.16 as of the 16th of March 2025. This is a 5.88 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.16.
With this module, you can estimate the performance of a buy and hold strategy of Minaurum Gold and determine expected loss or profit from investing in Minaurum Gold over a given investment horizon. Check out Minaurum Gold Correlation, Minaurum Gold Volatility and Minaurum Gold Alpha and Beta module to complement your research on Minaurum Gold.
Symbol

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

Minaurum 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 Minaurum 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 Minaurum Gold.
0.00
12/16/2024
No Change 0.00  0.0 
In 2 months and 31 days
03/16/2025
0.00
If you would invest  0.00  in Minaurum Gold on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Minaurum Gold or generate 0.0% return on investment in Minaurum Gold over 90 days. Minaurum Gold is related to or competes with Rio2, Aurion Resources, Norsemont Mining, Vior, and Minera Alamos. Minaurum Gold Inc., an exploration stage company, engages in the acquisition, evaluation, and exploration of mineral pro... More

Minaurum 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 Minaurum 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 Minaurum Gold upside and downside potential and time the market with a certain degree of confidence.

Minaurum Gold Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Minaurum Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Minaurum Gold's standard deviation. In reality, there are many statistical measures that can use Minaurum Gold historical prices to predict the future Minaurum Gold's volatility.
Hype
Prediction
LowEstimatedHigh
0.010.167.24
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Intrinsic
Valuation
LowRealHigh
0.010.157.24
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as Minaurum Gold. Your research has to be compared to or analyzed against Minaurum Gold's peers to derive any actionable benefits. When done correctly, Minaurum Gold's 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 Minaurum Gold.

Minaurum Gold Backtested Returns

Minaurum Gold appears to be out of control, given 3 months investment horizon. Minaurum Gold has Sharpe Ratio of 0.0654, which conveys that the firm had a 0.0654 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Minaurum Gold, which you can use to evaluate the volatility of the firm. Please exercise Minaurum Gold's Risk Adjusted Performance of 0.0386, mean deviation of 5.35, and Downside Deviation of 8.43 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Minaurum Gold holds a performance score of 5. The company secures a Beta (Market Risk) of 0.94, which conveys possible diversification benefits within a given portfolio. Minaurum Gold returns are very sensitive to returns on the market. As the market goes up or down, Minaurum Gold is expected to follow. Please check Minaurum Gold's treynor ratio and the relationship between the downside variance and day typical price , to make a quick decision on whether Minaurum Gold's current price movements will revert.

Auto-correlation

    
  0.09  

Virtually no predictability

Minaurum Gold has virtually no predictability. Overlapping area represents the amount of predictability between Minaurum Gold time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Minaurum Gold price movement. The serial correlation of 0.09 indicates that less than 9.0% of current Minaurum Gold price fluctuation can be explain by its past prices.
Correlation Coefficient0.09
Spearman Rank Test0.55
Residual Average0.0
Price Variance0.0

Minaurum Gold lagged returns against current returns

Autocorrelation, which is Minaurum 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 Minaurum Gold's otc stock expected returns. We can calculate the autocorrelation of Minaurum Gold returns to help us make a trade decision. For example, suppose you find that Minaurum 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   
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Minaurum 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 Minaurum Gold otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Minaurum 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 Minaurum Gold otc stock over time.
   Current vs Lagged Prices   
       Timeline  

Minaurum Gold Lagged Returns

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

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Other Information on Investing in Minaurum OTC Stock

Minaurum Gold financial ratios help investors to determine whether Minaurum 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 Minaurum with respect to the benefits of owning Minaurum Gold security.