Maritime Resources Corp Stock Market Value

MRTMF Stock  USD 0.04  0.01  20.00%   
Maritime Resources' market value is the price at which a share of Maritime Resources trades on a public exchange. It measures the collective expectations of Maritime Resources Corp investors about its performance. Maritime Resources is trading at 0.04 as of the 12th of December 2024. This is a 20% down since the beginning of the trading day. The stock's lowest day price was 0.04.
With this module, you can estimate the performance of a buy and hold strategy of Maritime Resources Corp and determine expected loss or profit from investing in Maritime Resources over a given investment horizon. Check out Maritime Resources Correlation, Maritime Resources Volatility and Maritime Resources Alpha and Beta module to complement your research on Maritime Resources.
Symbol

Please note, there is a significant difference between Maritime Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Maritime Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Maritime Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Maritime Resources '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 Maritime Resources' pink sheet 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 Maritime Resources.
0.00
12/18/2023
No Change 0.00  0.0 
In 11 months and 26 days
12/12/2024
0.00
If you would invest  0.00  in Maritime Resources on December 18, 2023 and sell it all today you would earn a total of 0.00 from holding Maritime Resources Corp or generate 0.0% return on investment in Maritime Resources over 360 days. Maritime Resources is related to or competes with Steppe Gold, Cerrado Gold, Aurion Resources, Rupert Resources, Robex Resources, White Gold, and Bluestone Resources. Maritime Resources Corp., an exploration stage company, engages in the exploration and development of mineral properties More

Maritime Resources 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 Maritime Resources' pink sheet 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 Maritime Resources Corp upside and downside potential and time the market with a certain degree of confidence.

Maritime Resources Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Maritime Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Maritime Resources' standard deviation. In reality, there are many statistical measures that can use Maritime Resources historical prices to predict the future Maritime Resources' volatility.
Hype
Prediction
LowEstimatedHigh
0.000.0421.71
Details
Intrinsic
Valuation
LowRealHigh
0.000.0321.70
Details
Naive
Forecast
LowNextHigh
0.00080.0421.71
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.030.040.05
Details

Maritime Resources Corp Backtested Returns

Maritime Resources is out of control given 3 months investment horizon. Maritime Resources Corp has Sharpe Ratio of 0.0991, which conveys that the firm had a 0.0991% return per unit of risk over the last 3 months. We have collected data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 2.15% are justified by taking the suggested risk. Use Maritime Resources Corp Risk Adjusted Performance of 0.0908, mean deviation of 12.62, and Downside Deviation of 21.89 to evaluate company specific risk that cannot be diversified away. Maritime Resources holds a performance score of 7 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 1.22, 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, Maritime Resources will likely underperform. Use Maritime Resources Corp maximum drawdown and the relationship between the semi variance and price action indicator , to analyze future returns on Maritime Resources Corp.

Auto-correlation

    
  0.29  

Poor predictability

Maritime Resources Corp has poor predictability. Overlapping area represents the amount of predictability between Maritime Resources time series from 18th of December 2023 to 15th of June 2024 and 15th of June 2024 to 12th 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 Maritime Resources Corp price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current Maritime Resources price fluctuation can be explain by its past prices.
Correlation Coefficient0.29
Spearman Rank Test0.06
Residual Average0.0
Price Variance0.0

Maritime Resources Corp lagged returns against current returns

Autocorrelation, which is Maritime Resources pink sheet'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 Maritime Resources' pink sheet expected returns. We can calculate the autocorrelation of Maritime Resources returns to help us make a trade decision. For example, suppose you find that Maritime Resources has exhibited high autocorrelation historically, and you observe that the pink sheet 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  

Maritime Resources 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 Maritime Resources pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Maritime Resources pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Maritime Resources pink sheet over time.
   Current vs Lagged Prices   
       Timeline  

Maritime Resources Lagged Returns

When evaluating Maritime Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Maritime Resources pink sheet have on its future price. Maritime Resources 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, Maritime Resources autocorrelation shows the relationship between Maritime Resources pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Maritime Resources Corp.
   Regressed Prices   
       Timeline  

Currently Active Assets on Macroaxis

Other Information on Investing in Maritime Pink Sheet

Maritime Resources financial ratios help investors to determine whether Maritime Pink Sheet 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 Maritime with respect to the benefits of owning Maritime Resources security.