RESOLUTION MINERALS (Germany) Market Value
| NC3 Stock | EUR 0.0005 0 87.50% |
| Symbol | RESOLUTION |
RESOLUTION 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 RESOLUTION MINERALS'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 RESOLUTION MINERALS.
| 06/17/2024 |
| 12/14/2024 |
If you would invest 0.00 in RESOLUTION MINERALS on June 17, 2024 and sell it all today you would earn a total of 0.00 from holding RESOLUTION MINERALS LTD or generate 0.0% return on investment in RESOLUTION MINERALS over 180 days. RESOLUTION MINERALS is related to or competes with Australian Agricultural, Penta Ocean, WIMFARM SA, ScanSource, and Infrastrutture Wireless. Resolution Minerals Limited, a mining company, acquires, explores for, and develops precious and battery metal projects More
RESOLUTION 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 RESOLUTION MINERALS'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 RESOLUTION MINERALS LTD upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) |
RESOLUTION MINERALS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for RESOLUTION MINERALS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RESOLUTION MINERALS's standard deviation. In reality, there are many statistical measures that can use RESOLUTION MINERALS historical prices to predict the future RESOLUTION MINERALS's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (1.40) | |||
| Total Risk Alpha | (2.67) | |||
| Treynor Ratio | (1.76) |
RESOLUTION MINERALS LTD Backtested Returns
RESOLUTION MINERALS LTD maintains Sharpe Ratio (i.e., Efficiency) of -0.12, which implies the firm had a -0.12% return per unit of standard deviation over the last 3 months. RESOLUTION MINERALS LTD exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check RESOLUTION MINERALS's Coefficient Of Variation of (812.40), risk adjusted performance of (0.08), and Market Risk Adjusted Performance of (1.75) to confirm the risk estimate we provide. The company holds a Beta of 0.76, which implies possible diversification benefits within a given portfolio. As returns on the market increase, RESOLUTION MINERALS's returns are expected to increase less than the market. However, during the bear market, the loss of holding RESOLUTION MINERALS is expected to be smaller as well. At this point, RESOLUTION MINERALS LTD has a negative expected return of -1.35%. Please make sure to check RESOLUTION MINERALS's kurtosis, rate of daily change, day typical price, as well as the relationship between the daily balance of power and day median price , to decide if RESOLUTION MINERALS LTD performance from the past will be repeated at future time.
Auto-correlation | 0.00 |
No correlation between past and present
RESOLUTION MINERALS LTD has no correlation between past and present. Overlapping area represents the amount of predictability between RESOLUTION MINERALS time series from 17th of June 2024 to 15th of September 2024 and 15th of September 2024 to 14th 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 RESOLUTION MINERALS LTD price movement. The serial correlation of 0.0 indicates that just 0.0% of current RESOLUTION MINERALS price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
RESOLUTION MINERALS LTD lagged returns against current returns
Autocorrelation, which is RESOLUTION 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 RESOLUTION MINERALS's stock expected returns. We can calculate the autocorrelation of RESOLUTION MINERALS returns to help us make a trade decision. For example, suppose you find that RESOLUTION 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 |
RESOLUTION 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 RESOLUTION MINERALS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if RESOLUTION MINERALS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in RESOLUTION MINERALS stock over time.
Current vs Lagged Prices |
| Timeline |
RESOLUTION MINERALS Lagged Returns
When evaluating RESOLUTION MINERALS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of RESOLUTION MINERALS stock have on its future price. RESOLUTION 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, RESOLUTION MINERALS autocorrelation shows the relationship between RESOLUTION MINERALS stock current value and its past values and can show if there is a momentum factor associated with investing in RESOLUTION MINERALS LTD.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in RESOLUTION Stock
RESOLUTION MINERALS financial ratios help investors to determine whether RESOLUTION Stock 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 RESOLUTION with respect to the benefits of owning RESOLUTION MINERALS security.