Mirage Energy Corp Stock Market Value

MRGE Stock  USD 0.01  0.00  0.00%   
Mirage Energy's market value is the price at which a share of Mirage Energy trades on a public exchange. It measures the collective expectations of Mirage Energy Corp investors about its performance. Mirage Energy is trading at 0.006 as of the 25th of December 2024, a No Change since the beginning of the trading day. The stock's lowest day price was 0.006.
With this module, you can estimate the performance of a buy and hold strategy of Mirage Energy Corp and determine expected loss or profit from investing in Mirage Energy over a given investment horizon. Check out Mirage Energy Correlation, Mirage Energy Volatility and Mirage Energy Alpha and Beta module to complement your research on Mirage Energy.
Symbol

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

Mirage Energy '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 Mirage Energy'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 Mirage Energy.
0.00
11/25/2024
No Change 0.00  0.0 
In 30 days
12/25/2024
0.00
If you would invest  0.00  in Mirage Energy on November 25, 2024 and sell it all today you would earn a total of 0.00 from holding Mirage Energy Corp or generate 0.0% return on investment in Mirage Energy over 30 days. Mirage Energy is related to or competes with GasLog Partners, GasLog Partners, NGL Energy, Kinder Morgan, ONEOK, MPLX LP, and Enterprise Products. Mirage Energy Corporation, through its subsidiaries, focuses on developing an integrated pipeline and natural gas storag... More

Mirage Energy 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 Mirage Energy'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 Mirage Energy Corp upside and downside potential and time the market with a certain degree of confidence.

Mirage Energy Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Mirage Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mirage Energy's standard deviation. In reality, there are many statistical measures that can use Mirage Energy historical prices to predict the future Mirage Energy's volatility.
Hype
Prediction
LowEstimatedHigh
0.000.0150.32
Details
Intrinsic
Valuation
LowRealHigh
0.000.0150.32
Details
Naive
Forecast
LowNextHigh
0.00020.01164.76
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.010.010.01
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Mirage Energy. Your research has to be compared to or analyzed against Mirage Energy's peers to derive any actionable benefits. When done correctly, Mirage Energy'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 Mirage Energy Corp.

Mirage Energy Corp Backtested Returns

Mirage Energy is out of control given 3 months investment horizon. Mirage Energy Corp has Sharpe Ratio of 0.22, which conveys that the firm had a 0.22% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-four different technical indicators, which can help you to evaluate if expected returns of 35.93% are justified by taking the suggested risk. Use Mirage Energy Corp Downside Deviation of 66.47, risk adjusted performance of 0.1744, and Mean Deviation of 70.29 to evaluate company specific risk that cannot be diversified away. Mirage Energy holds a performance score of 17 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 13.01, 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, Mirage Energy will likely underperform. Use Mirage Energy Corp maximum drawdown, as well as the relationship between the semi variance and rate of daily change , to analyze future returns on Mirage Energy Corp.

Auto-correlation

    
  0.45  

Average predictability

Mirage Energy Corp has average predictability. Overlapping area represents the amount of predictability between Mirage Energy time series from 25th of November 2024 to 10th of December 2024 and 10th of December 2024 to 25th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Mirage Energy Corp price movement. The serial correlation of 0.45 indicates that just about 45.0% of current Mirage Energy price fluctuation can be explain by its past prices.
Correlation Coefficient0.45
Spearman Rank Test0.64
Residual Average0.0
Price Variance0.0

Mirage Energy Corp lagged returns against current returns

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

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

Mirage Energy Lagged Returns

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

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Other Information on Investing in Mirage Pink Sheet

Mirage Energy financial ratios help investors to determine whether Mirage 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 Mirage with respect to the benefits of owning Mirage Energy security.