MC Mining (Germany) Market Value
| G1V Stock | EUR 0 0.00 0.00% |
| Symbol | G1V |
MC 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 MC 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 MC Mining.
| 06/25/2024 |
| 12/22/2024 |
If you would invest 0.00 in MC Mining on June 25, 2024 and sell it all today you would earn a total of 0.00 from holding MC Mining or generate 0.0% return on investment in MC Mining over 180 days. MC Mining is related to or competes with CHINA SHENHUA, China Coal, Yancoal Australia, Banpu PCL, CONSOL Energy, and HMS Bergbau. MC Mining Limited, together with its subsidiaries, engages in the acquisition, exploration, development, and operation o... More
MC 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 MC 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 MC Mining upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1228 | |||
| Maximum Drawdown | 10798.15 |
MC Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MC Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MC Mining's standard deviation. In reality, there are many statistical measures that can use MC Mining historical prices to predict the future MC Mining's volatility.| Risk Adjusted Performance | 0.1073 | |||
| Jensen Alpha | 159.74 | |||
| Total Risk Alpha | 124.87 | |||
| Treynor Ratio | 1.78 |
MC Mining Backtested Returns
MC Mining is out of control given 3 months investment horizon. MC Mining retains Efficiency (Sharpe Ratio) of 0.12, which conveys that the company had a 0.12% return per unit of price deviation over the last 3 months. We were able to interpolate sixteen different technical indicators, which can help you to evaluate if expected returns of 14.8% are justified by taking the suggested risk. Use MC Mining Mean Deviation of 320.5, information ratio of 0.1228, and Market Risk Adjusted Performance of 1.79 to evaluate company specific risk that cannot be diversified away. MC Mining holds a performance score of 9 on a scale of zero to a hundred. The firm owns a Beta (Systematic Risk) of 90.94, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, MC Mining will likely underperform. Use MC Mining market risk adjusted performance, coefficient of variation, variance, as well as the relationship between the mean deviation and standard deviation , to analyze future returns on MC Mining.
Auto-correlation | -0.05 |
Very weak reverse predictability
MC Mining has very weak reverse predictability. Overlapping area represents the amount of predictability between MC Mining time series from 25th of June 2024 to 23rd of September 2024 and 23rd of September 2024 to 22nd 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 MC Mining price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current MC Mining price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | 0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
MC Mining lagged returns against current returns
Autocorrelation, which is MC 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 MC Mining's stock expected returns. We can calculate the autocorrelation of MC Mining returns to help us make a trade decision. For example, suppose you find that MC 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 |
MC 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 MC Mining stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MC Mining stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MC Mining stock over time.
Current vs Lagged Prices |
| Timeline |
MC Mining Lagged Returns
When evaluating MC Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MC Mining stock have on its future price. MC 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, MC Mining autocorrelation shows the relationship between MC Mining stock current value and its past values and can show if there is a momentum factor associated with investing in MC Mining.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in G1V Stock
MC Mining financial ratios help investors to determine whether G1V 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 G1V with respect to the benefits of owning MC Mining security.