MULTIVERSE MINING's market value is the price at which a share of MULTIVERSE MINING trades on a public exchange. It measures the collective expectations of MULTIVERSE MINING AND investors about its performance. MULTIVERSE MINING is trading at 9.75 as of the 2nd of March 2025, a 9.72 percent decrease since the beginning of the trading day. The stock's lowest day price was 9.75. With this module, you can estimate the performance of a buy and hold strategy of MULTIVERSE MINING AND and determine expected loss or profit from investing in MULTIVERSE MINING over a given investment horizon. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Symbol
MULTIVERSE
MULTIVERSE MINING '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 MULTIVERSE MINING's 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 MULTIVERSE MINING.
0.00
01/31/2025
No Change 0.00
0.0
In 31 days
03/02/2025
0.00
If you would invest 0.00 in MULTIVERSE MINING on January 31, 2025 and sell it all today you would earn a total of 0.00 from holding MULTIVERSE MINING AND or generate 0.0% return on investment in MULTIVERSE MINING over 30 days.
MULTIVERSE MINING 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 MULTIVERSE MINING's 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 MULTIVERSE MINING AND upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for MULTIVERSE MINING's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MULTIVERSE MINING's standard deviation. In reality, there are many statistical measures that can use MULTIVERSE MINING historical prices to predict the future MULTIVERSE MINING's volatility.
MULTIVERSE MINING appears to be moderately volatile, given 3 months investment horizon. MULTIVERSE MINING AND has Sharpe Ratio of 0.17, which conveys that the firm had a 0.17 % return per unit of volatility over the last 3 months. By inspecting MULTIVERSE MINING's technical indicators, you can evaluate if the expected return of 0.94% is justified by implied risk. Please exercise MULTIVERSE MINING's risk adjusted performance of 0.1344, and Mean Deviation of 3.56 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, MULTIVERSE MINING holds a performance score of 13. The company secures a Beta (Market Risk) of 0.68, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, MULTIVERSE MINING's returns are expected to increase less than the market. However, during the bear market, the loss of holding MULTIVERSE MINING is expected to be smaller as well. Please check MULTIVERSE MINING's semi variance, and the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether MULTIVERSE MINING's current price movements will revert.
Auto-correlation
-0.61
Very good reverse predictability
MULTIVERSE MINING AND has very good reverse predictability. Overlapping area represents the amount of predictability between MULTIVERSE MINING time series from 31st of January 2025 to 15th of February 2025 and 15th of February 2025 to 2nd 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 MULTIVERSE MINING AND price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current MULTIVERSE MINING price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.61
Spearman Rank Test
0.45
Residual Average
0.0
Price Variance
0.16
MULTIVERSE MINING AND lagged returns against current returns
Autocorrelation, which is MULTIVERSE MINING 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 MULTIVERSE MINING's stock expected returns. We can calculate the autocorrelation of MULTIVERSE MINING returns to help us make a trade decision. For example, suppose you find that MULTIVERSE MINING 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
MULTIVERSE MINING 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 MULTIVERSE MINING stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MULTIVERSE MINING stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MULTIVERSE MINING stock over time.
Current vs Lagged Prices
Timeline
MULTIVERSE MINING Lagged Returns
When evaluating MULTIVERSE MINING's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MULTIVERSE MINING stock have on its future price. MULTIVERSE MINING 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, MULTIVERSE MINING autocorrelation shows the relationship between MULTIVERSE MINING stock current value and its past values and can show if there is a momentum factor associated with investing in MULTIVERSE MINING AND.
Regressed Prices
Timeline
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.