Namibia Critical Metals Stock Market Value
| NMI Stock | CAD 0.04 0.01 12.50% |
| Symbol | Namibia |
Namibia Critical Metals Price To Book Ratio
Namibia Critical '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 Namibia Critical'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 Namibia Critical.
| 06/30/2023 |
| 01/20/2025 |
If you would invest 0.00 in Namibia Critical on June 30, 2023 and sell it all today you would earn a total of 0.00 from holding Namibia Critical Metals or generate 0.0% return on investment in Namibia Critical over 570 days. Namibia Critical is related to or competes with Highway 50, and Quartz Mountain. Namibia Critical Metals Inc. engages in the exploration and development of critical metals properties in Namibia More
Namibia Critical 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 Namibia Critical'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 Namibia Critical Metals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 25.52 | |||
| Information Ratio | 0.0423 | |||
| Maximum Drawdown | 58.33 | |||
| Value At Risk | (25.00) | |||
| Potential Upside | 33.33 |
Namibia Critical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Namibia Critical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Namibia Critical's standard deviation. In reality, there are many statistical measures that can use Namibia Critical historical prices to predict the future Namibia Critical's volatility.| Risk Adjusted Performance | 0.0466 | |||
| Jensen Alpha | 0.5952 | |||
| Total Risk Alpha | 0.258 | |||
| Sortino Ratio | 0.0211 | |||
| Treynor Ratio | (0.30) |
Namibia Critical Metals Backtested Returns
Namibia Critical appears to be out of control, given 3 months investment horizon. Namibia Critical Metals has Sharpe Ratio of 0.046, which conveys that the firm had a 0.046 % return per unit of risk over the last 3 months. By analyzing Namibia Critical's technical indicators, you can evaluate if the expected return of 0.6% is justified by implied risk. Please exercise Namibia Critical's Downside Deviation of 25.52, mean deviation of 5.96, and Risk Adjusted Performance of 0.0466 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Namibia Critical holds a performance score of 3. The company secures a Beta (Market Risk) of -1.88, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Namibia Critical are expected to decrease by larger amounts. On the other hand, during market turmoil, Namibia Critical is expected to outperform it. Please check Namibia Critical's treynor ratio and the relationship between the downside variance and day typical price , to make a quick decision on whether Namibia Critical's current price movements will revert.
Auto-correlation | 0.71 |
Good predictability
Namibia Critical Metals has good predictability. Overlapping area represents the amount of predictability between Namibia Critical time series from 30th of June 2023 to 10th of April 2024 and 10th of April 2024 to 20th of January 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 Namibia Critical Metals price movement. The serial correlation of 0.71 indicates that around 71.0% of current Namibia Critical price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Namibia Critical Metals lagged returns against current returns
Autocorrelation, which is Namibia Critical 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 Namibia Critical's stock expected returns. We can calculate the autocorrelation of Namibia Critical returns to help us make a trade decision. For example, suppose you find that Namibia Critical 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 |
Namibia Critical 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 Namibia Critical stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Namibia Critical stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Namibia Critical stock over time.
Current vs Lagged Prices |
| Timeline |
Namibia Critical Lagged Returns
When evaluating Namibia Critical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Namibia Critical stock have on its future price. Namibia Critical 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, Namibia Critical autocorrelation shows the relationship between Namibia Critical stock current value and its past values and can show if there is a momentum factor associated with investing in Namibia Critical Metals.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Namibia Stock Analysis
When running Namibia Critical's price analysis, check to measure Namibia Critical's 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 Namibia Critical is operating at the current time. Most of Namibia Critical's value examination focuses on studying past and present price action to predict the probability of Namibia Critical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Namibia Critical's price. Additionally, you may evaluate how the addition of Namibia Critical to your portfolios can decrease your overall portfolio volatility.