Mining Global Stock Market Value
| MNGG Stock | USD 0.0001 0.00 0.00% |
| Symbol | Mining |
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.
| 12/16/2024 |
| 03/16/2025 |
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.
| Information Ratio | 0.1152 | |||
| Maximum Drawdown | 1000.0 |
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.| Risk Adjusted Performance | 0.1096 | |||
| Jensen Alpha | 15.14 | |||
| Total Risk Alpha | 30.89 | |||
| Treynor Ratio | 4.05 |
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 Risk Adjusted Performance of 0.1096, mean deviation of 32.3, and Standard Deviation of 128.89 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 | 0.00 |
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 Coefficient | 0.0 | |
| Spearman Rank Test | 0.99 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
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.