Mountain Boy Minerals Stock Market Value
| MTB Stock | CAD 0.01 0.01 25.00% |
| Symbol | Mountain |
Mountain Boy Minerals Price To Book Ratio
Mountain Boy '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 Mountain Boy'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 Mountain Boy.
| 12/08/2023 |
| 12/02/2024 |
If you would invest 0.00 in Mountain Boy on December 8, 2023 and sell it all today you would earn a total of 0.00 from holding Mountain Boy Minerals or generate 0.0% return on investment in Mountain Boy over 360 days. Mountain Boy is related to or competes with IMetal Resources, Trigon Metals, and Metallic Minerals. Mountain Boy Minerals Ltd., an exploration stage company, engages in the acquisition, exploration, and evaluation of min... More
Mountain Boy 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 Mountain Boy'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 Mountain Boy Minerals upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 83.33 | |||
| Value At Risk | (33.33) | |||
| Potential Upside | 20.0 |
Mountain Boy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mountain Boy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mountain Boy's standard deviation. In reality, there are many statistical measures that can use Mountain Boy historical prices to predict the future Mountain Boy's volatility.| Risk Adjusted Performance | 0.0054 | |||
| Jensen Alpha | (0.67) | |||
| Total Risk Alpha | (2.47) | |||
| Treynor Ratio | (0.02) |
Mountain Boy Minerals Backtested Returns
Mountain Boy appears to be out of control, given 3 months investment horizon. Mountain Boy Minerals has Sharpe Ratio of 0.0319, which conveys that the firm had a 0.0319% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Mountain Boy, which you can use to evaluate the volatility of the firm. Please exercise Mountain Boy's Risk Adjusted Performance of 0.0054, standard deviation of 14.28, and Mean Deviation of 5.29 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Mountain Boy holds a performance score of 2. The company secures a Beta (Market Risk) of 4.61, 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, Mountain Boy will likely underperform. Please check Mountain Boy's treynor ratio, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to make a quick decision on whether Mountain Boy's current price movements will revert.
Auto-correlation | 0.40 |
Average predictability
Mountain Boy Minerals has average predictability. Overlapping area represents the amount of predictability between Mountain Boy time series from 8th of December 2023 to 5th of June 2024 and 5th of June 2024 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 Mountain Boy Minerals price movement. The serial correlation of 0.4 indicates that just about 40.0% of current Mountain Boy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.4 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Mountain Boy Minerals lagged returns against current returns
Autocorrelation, which is Mountain Boy 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 Mountain Boy's stock expected returns. We can calculate the autocorrelation of Mountain Boy returns to help us make a trade decision. For example, suppose you find that Mountain Boy 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 |
Mountain Boy 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 Mountain Boy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mountain Boy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mountain Boy stock over time.
Current vs Lagged Prices |
| Timeline |
Mountain Boy Lagged Returns
When evaluating Mountain Boy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mountain Boy stock have on its future price. Mountain Boy 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, Mountain Boy autocorrelation shows the relationship between Mountain Boy stock current value and its past values and can show if there is a momentum factor associated with investing in Mountain Boy Minerals.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Mountain Stock Analysis
When running Mountain Boy's price analysis, check to measure Mountain Boy'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 Mountain Boy is operating at the current time. Most of Mountain Boy's value examination focuses on studying past and present price action to predict the probability of Mountain Boy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mountain Boy's price. Additionally, you may evaluate how the addition of Mountain Boy to your portfolios can decrease your overall portfolio volatility.