Minera Alamos Stock Market Value
| MAIFF Stock | USD 0.22 0.01 4.76% |
| Symbol | Minera |
Minera Alamos '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 Minera Alamos' 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 Minera Alamos.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Minera Alamos on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Minera Alamos or generate 0.0% return on investment in Minera Alamos over 720 days. Minera Alamos is related to or competes with Aurion Resources, Minaurum Gold, Rio2, and Norsemont Mining. Minera Alamos Inc., a junior mining exploration company, acquires, explores for, and develops mineral properties in Mexi... More
Minera Alamos 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 Minera Alamos' 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 Minera Alamos upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.73 | |||
| Information Ratio | 0.0579 | |||
| Maximum Drawdown | 32.05 | |||
| Value At Risk | (5.56) | |||
| Potential Upside | 8.7 |
Minera Alamos Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Minera Alamos' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Minera Alamos' standard deviation. In reality, there are many statistical measures that can use Minera Alamos historical prices to predict the future Minera Alamos' volatility.| Risk Adjusted Performance | 0.0739 | |||
| Jensen Alpha | 0.3127 | |||
| Total Risk Alpha | (0.41) | |||
| Sortino Ratio | 0.0501 | |||
| Treynor Ratio | 0.5191 |
Minera Alamos Backtested Returns
Minera Alamos appears to be out of control, given 3 months investment horizon. Minera Alamos has Sharpe Ratio of 0.0869, which conveys that the firm had a 0.0869% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Minera Alamos, which you can use to evaluate the volatility of the firm. Please exercise Minera Alamos' Downside Deviation of 5.73, mean deviation of 3.58, and Risk Adjusted Performance of 0.0739 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Minera Alamos holds a performance score of 6. The company secures a Beta (Market Risk) of 0.8, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Minera Alamos' returns are expected to increase less than the market. However, during the bear market, the loss of holding Minera Alamos is expected to be smaller as well. Please check Minera Alamos' semi variance, rate of daily change, and the relationship between the value at risk and kurtosis , to make a quick decision on whether Minera Alamos' current price movements will revert.
Auto-correlation | 0.09 |
Virtually no predictability
Minera Alamos has virtually no predictability. Overlapping area represents the amount of predictability between Minera Alamos time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 Minera Alamos price movement. The serial correlation of 0.09 indicates that less than 9.0% of current Minera Alamos price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.09 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Minera Alamos lagged returns against current returns
Autocorrelation, which is Minera Alamos 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 Minera Alamos' otc stock expected returns. We can calculate the autocorrelation of Minera Alamos returns to help us make a trade decision. For example, suppose you find that Minera Alamos 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 |
Minera Alamos 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 Minera Alamos otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Minera Alamos otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Minera Alamos otc stock over time.
Current vs Lagged Prices |
| Timeline |
Minera Alamos Lagged Returns
When evaluating Minera Alamos' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Minera Alamos otc stock have on its future price. Minera Alamos 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, Minera Alamos autocorrelation shows the relationship between Minera Alamos otc stock current value and its past values and can show if there is a momentum factor associated with investing in Minera Alamos.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Minera OTC Stock
Minera Alamos financial ratios help investors to determine whether Minera 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 Minera with respect to the benefits of owning Minera Alamos security.