Resolute Mining (Australia) Market Value
| RSG Stock | 0.43 0.02 4.88% |
| Symbol | Resolute |
Resolute 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 Resolute 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 Resolute Mining.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Resolute Mining on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Resolute Mining or generate 0.0% return on investment in Resolute Mining over 90 days. Resolute Mining is related to or competes with EROAD, Centuria Industrial, Aussie Broadband, and Aurelia Metals. Resolute Mining is entity of Australia. It is traded as Stock on AU exchange. More
Resolute 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 Resolute 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 Resolute Mining upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.85 | |||
| Information Ratio | 0.0654 | |||
| Maximum Drawdown | 17.22 | |||
| Value At Risk | (5.26) | |||
| Potential Upside | 7.5 |
Resolute Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Resolute Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Resolute Mining's standard deviation. In reality, there are many statistical measures that can use Resolute Mining historical prices to predict the future Resolute Mining's volatility.| Risk Adjusted Performance | 0.0404 | |||
| Jensen Alpha | 0.0917 | |||
| Total Risk Alpha | 0.5741 | |||
| Sortino Ratio | 0.0609 | |||
| Treynor Ratio | (0.41) |
Resolute Mining Backtested Returns
Resolute Mining appears to be out of control, given 3 months investment horizon. Resolute Mining maintains Sharpe Ratio (i.e., Efficiency) of 0.0627, which implies the firm had a 0.0627 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Resolute Mining, which you can use to evaluate the volatility of the company. Please evaluate Resolute Mining's Semi Deviation of 3.02, coefficient of variation of 2649.31, and Risk Adjusted Performance of 0.0404 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Resolute Mining holds a performance score of 4. The company holds a Beta of -0.31, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Resolute Mining are expected to decrease at a much lower rate. During the bear market, Resolute Mining is likely to outperform the market. Please check Resolute Mining's sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to make a quick decision on whether Resolute Mining's historical price patterns will revert.
Auto-correlation | 0.23 |
Weak predictability
Resolute Mining has weak predictability. Overlapping area represents the amount of predictability between Resolute Mining time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Resolute Mining price movement. The serial correlation of 0.23 indicates that over 23.0% of current Resolute Mining price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | 0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Resolute Mining lagged returns against current returns
Autocorrelation, which is Resolute 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 Resolute Mining's stock expected returns. We can calculate the autocorrelation of Resolute Mining returns to help us make a trade decision. For example, suppose you find that Resolute 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 |
Resolute 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 Resolute Mining stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Resolute Mining stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Resolute Mining stock over time.
Current vs Lagged Prices |
| Timeline |
Resolute Mining Lagged Returns
When evaluating Resolute Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Resolute Mining stock have on its future price. Resolute 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, Resolute Mining autocorrelation shows the relationship between Resolute Mining stock current value and its past values and can show if there is a momentum factor associated with investing in Resolute Mining.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Resolute Stock Analysis
When running Resolute Mining's price analysis, check to measure Resolute Mining'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 Resolute Mining is operating at the current time. Most of Resolute Mining's value examination focuses on studying past and present price action to predict the probability of Resolute Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Resolute Mining's price. Additionally, you may evaluate how the addition of Resolute Mining to your portfolios can decrease your overall portfolio volatility.