Ximen Mining Corp Stock Market Value
| XXMMF Stock | USD 0.11 0.01 14.58% |
| Symbol | Ximen |
Ximen 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 Ximen Mining's otc 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 Ximen Mining.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Ximen Mining on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Ximen Mining Corp or generate 0.0% return on investment in Ximen Mining over 90 days. Ximen Mining is related to or competes with Aurion Resources, Golden Star, and Lavras Gold. Ximen Mining Corp. engages in the acquisition, exploration, and evaluation of mineral properties in Canada More
Ximen 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 Ximen Mining's otc 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 Ximen Mining Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1087 | |||
| Maximum Drawdown | 113.33 | |||
| Value At Risk | (12.31) | |||
| Potential Upside | 7.69 |
Ximen Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ximen Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ximen Mining's standard deviation. In reality, there are many statistical measures that can use Ximen Mining historical prices to predict the future Ximen Mining's volatility.| Risk Adjusted Performance | 0.0985 | |||
| Jensen Alpha | 1.41 | |||
| Total Risk Alpha | 3.54 | |||
| Treynor Ratio | (0.96) |
Ximen Mining Corp Backtested Returns
Ximen Mining is out of control given 3 months investment horizon. Ximen Mining Corp shows Sharpe Ratio of 0.0937, which attests that the company had a 0.0937 % return per unit of risk over the last 3 months. We have collected data for twenty-one different technical indicators, which can help you to evaluate if expected returns of 1.54% are justified by taking the suggested risk. Use Ximen Mining Corp Market Risk Adjusted Performance of (0.95), mean deviation of 5.1, and Standard Deviation of 15.59 to evaluate company specific risk that cannot be diversified away. Ximen Mining holds a performance score of 7 on a scale of zero to a hundred. The firm maintains a market beta of -1.65, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Ximen Mining are expected to decrease by larger amounts. On the other hand, during market turmoil, Ximen Mining is expected to outperform it. Use Ximen Mining Corp jensen alpha, skewness, as well as the relationship between the Skewness and day median price , to analyze future returns on Ximen Mining Corp.
Auto-correlation | 0.00 |
No correlation between past and present
Ximen Mining Corp has no correlation between past and present. Overlapping area represents the amount of predictability between Ximen Mining time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Ximen Mining Corp price movement. The serial correlation of 0.0 indicates that just 0.0% of current Ximen Mining price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ximen Mining Corp lagged returns against current returns
Autocorrelation, which is Ximen Mining otc 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 Ximen Mining's otc stock expected returns. We can calculate the autocorrelation of Ximen Mining returns to help us make a trade decision. For example, suppose you find that Ximen Mining has exhibited high autocorrelation historically, and you observe that the otc 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 |
Ximen 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 Ximen Mining otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ximen Mining otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ximen Mining otc stock over time.
Current vs Lagged Prices |
| Timeline |
Ximen Mining Lagged Returns
When evaluating Ximen Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ximen Mining otc stock have on its future price. Ximen 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, Ximen Mining autocorrelation shows the relationship between Ximen Mining otc stock current value and its past values and can show if there is a momentum factor associated with investing in Ximen Mining Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Ximen OTC Stock
Ximen Mining financial ratios help investors to determine whether Ximen OTC 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 Ximen with respect to the benefits of owning Ximen Mining security.