Mining Global Stock Market Value

MNGG Stock  USD 0.0001  0.00  0.00%   
Mining Global's market value is the price at which a share of Mining Global trades on a public exchange. It measures the collective expectations of Mining Global investors about its performance. Mining Global is trading at 1.0E-4 as of the 16th of March 2025. This is a No Change since the beginning of the trading day. The stock's lowest day price was 1.0E-4.
With this module, you can estimate the performance of a buy and hold strategy of Mining Global and determine expected loss or profit from investing in Mining Global over a given investment horizon. Check out Mining Global Correlation, Mining Global Volatility and Mining Global Alpha and Beta module to complement your research on Mining Global.
Symbol

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

Mining Global '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 Mining Global'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 Mining Global.
0.00
12/16/2024
No Change 0.00  0.0 
In 3 months and 1 day
03/16/2025
0.00
If you would invest  0.00  in Mining Global on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Mining Global or generate 0.0% return on investment in Mining Global over 90 days. Mining Global is related to or competes with Lavras Gold, and North Peak. Mining Global Inc., an exploration stage company, engages in the acquisition, exploration, and development of mineral pr... More

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

Mining Global Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Mining Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mining Global's standard deviation. In reality, there are many statistical measures that can use Mining Global historical prices to predict the future Mining Global's volatility.
Hype
Prediction
LowEstimatedHigh
0.000.000150.01
Details
Intrinsic
Valuation
LowRealHigh
0.000.00006350.01
Details
Naive
Forecast
LowNextHigh
0.0000020.0001128.89
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.0000990.0000990.000099
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Mining Global. Your research has to be compared to or analyzed against Mining Global's peers to derive any actionable benefits. When done correctly, Mining Global'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 Mining Global.

Mining Global Backtested Returns

Mining Global is out of control given 3 months investment horizon. Mining Global has Sharpe Ratio of 0.11, which conveys that the firm had a 0.11 % return per unit of risk over the last 3 months. We were able to analyze and collect data for sixteen different technical indicators, which can help you to evaluate if expected returns of 14.75% are justified by taking the suggested risk. Use Mining Global Mean Deviation of 32.3, standard deviation of 128.89, and Risk Adjusted Performance of 0.1096 to evaluate company specific risk that cannot be diversified away. Mining Global holds a performance score of 9 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 3.64, 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, Mining Global will likely underperform. Use Mining Global information ratio and kurtosis , to analyze future returns on Mining Global.

Auto-correlation

    
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No correlation between past and present

Mining Global has no correlation between past and present. Overlapping area represents the amount of predictability between Mining Global 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 Mining Global price movement. The serial correlation of 0.0 indicates that just 0.0% of current Mining Global price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test0.99
Residual Average0.0
Price Variance0.0

Mining Global lagged returns against current returns

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

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

Mining Global Lagged Returns

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

Currently Active Assets on Macroaxis

Other Information on Investing in Mining Pink Sheet

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