Mantle Minerals (Australia) Market Value
| MTL Stock | 0 0 50.00% |
| Symbol | Mantle |
Mantle Minerals '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 Mantle Minerals' 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 Mantle Minerals.
| 12/18/2023 |
| 12/12/2024 |
If you would invest 0.00 in Mantle Minerals on December 18, 2023 and sell it all today you would earn a total of 0.00 from holding Mantle Minerals Limited or generate 0.0% return on investment in Mantle Minerals over 360 days. Mantle Minerals is related to or competes with IShares Global, Adriatic Metals, Australian Agricultural, and VanEck FTSE. Mantle Minerals is entity of Australia. It is traded as Stock on AU exchange. More
Mantle Minerals 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 Mantle Minerals' 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 Mantle Minerals Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 34.76 | |||
| Information Ratio | 0.0794 | |||
| Maximum Drawdown | 150.0 | |||
| Value At Risk | (33.33) | |||
| Potential Upside | 50.0 |
Mantle Minerals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mantle Minerals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mantle Minerals' standard deviation. In reality, there are many statistical measures that can use Mantle Minerals historical prices to predict the future Mantle Minerals' volatility.| Risk Adjusted Performance | 0.0708 | |||
| Jensen Alpha | 1.46 | |||
| Total Risk Alpha | (1.78) | |||
| Sortino Ratio | 0.0545 | |||
| Treynor Ratio | 0.4171 |
Mantle Minerals Backtested Returns
Mantle Minerals is out of control given 3 months investment horizon. Mantle Minerals has Sharpe Ratio of 0.0859, which conveys that the firm had a 0.0859% return per unit of risk over the last 3 months. We were able to break down and interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.08% are justified by taking the suggested risk. Use Mantle Minerals Downside Deviation of 34.76, risk adjusted performance of 0.0708, and Mean Deviation of 13.97 to evaluate company specific risk that cannot be diversified away. Mantle Minerals holds a performance score of 6 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 4.82, 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, Mantle Minerals will likely underperform. Use Mantle Minerals sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to analyze future returns on Mantle Minerals.
Auto-correlation | 0.44 |
Average predictability
Mantle Minerals Limited has average predictability. Overlapping area represents the amount of predictability between Mantle Minerals time series from 18th of December 2023 to 15th of June 2024 and 15th of June 2024 to 12th 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 Mantle Minerals price movement. The serial correlation of 0.44 indicates that just about 44.0% of current Mantle Minerals price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Mantle Minerals lagged returns against current returns
Autocorrelation, which is Mantle Minerals 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 Mantle Minerals' stock expected returns. We can calculate the autocorrelation of Mantle Minerals returns to help us make a trade decision. For example, suppose you find that Mantle Minerals 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 |
Mantle Minerals 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 Mantle Minerals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mantle Minerals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mantle Minerals stock over time.
Current vs Lagged Prices |
| Timeline |
Mantle Minerals Lagged Returns
When evaluating Mantle Minerals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mantle Minerals stock have on its future price. Mantle Minerals 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, Mantle Minerals autocorrelation shows the relationship between Mantle Minerals stock current value and its past values and can show if there is a momentum factor associated with investing in Mantle Minerals Limited.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Mantle Stock Analysis
When running Mantle Minerals' price analysis, check to measure Mantle Minerals' 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 Mantle Minerals is operating at the current time. Most of Mantle Minerals' value examination focuses on studying past and present price action to predict the probability of Mantle Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mantle Minerals' price. Additionally, you may evaluate how the addition of Mantle Minerals to your portfolios can decrease your overall portfolio volatility.