Mundoro Capital Stock Market Value
| MUN Stock | CAD 0.19 0.01 5.56% |
| Symbol | Mundoro |
Mundoro Capital '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 Mundoro Capital'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 Mundoro Capital.
| 06/07/2024 |
| 12/04/2024 |
If you would invest 0.00 in Mundoro Capital on June 7, 2024 and sell it all today you would earn a total of 0.00 from holding Mundoro Capital or generate 0.0% return on investment in Mundoro Capital over 180 days. Mundoro Capital is related to or competes with IGM Financial, First National, Canaf Investments, Gfl Environmental, Tree Island, and CNJ Capital. Mundoro Capital Inc., together with its subsidiaries, invests in, acquires, explores for, and develops mineral resource ... More
Mundoro Capital 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 Mundoro Capital'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 Mundoro Capital upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.29 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 15.08 | |||
| Value At Risk | (5.26) | |||
| Potential Upside | 5.56 |
Mundoro Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mundoro Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mundoro Capital's standard deviation. In reality, there are many statistical measures that can use Mundoro Capital historical prices to predict the future Mundoro Capital's volatility.| Risk Adjusted Performance | 0.0182 | |||
| Jensen Alpha | 0.0886 | |||
| Total Risk Alpha | (0.36) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.06) |
Mundoro Capital Backtested Returns
At this stage we consider Mundoro Stock to be out of control. Mundoro Capital has Sharpe Ratio of 0.0145, which conveys that the firm had a 0.0145% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Mundoro Capital, which you can use to evaluate the volatility of the firm. Please verify Mundoro Capital's Mean Deviation of 1.45, risk adjusted performance of 0.0182, and Downside Deviation of 6.29 to check out if the risk estimate we provide is consistent with the expected return of 0.0423%. Mundoro Capital has a performance score of 1 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.56, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Mundoro Capital are expected to decrease at a much lower rate. During the bear market, Mundoro Capital is likely to outperform the market. Mundoro Capital right now secures a risk of 2.92%. Please verify Mundoro Capital treynor ratio and the relationship between the downside variance and day typical price , to decide if Mundoro Capital will be following its current price movements.
Auto-correlation | 0.08 |
Virtually no predictability
Mundoro Capital has virtually no predictability. Overlapping area represents the amount of predictability between Mundoro Capital time series from 7th of June 2024 to 5th of September 2024 and 5th of September 2024 to 4th 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 Mundoro Capital price movement. The serial correlation of 0.08 indicates that barely 8.0% of current Mundoro Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Mundoro Capital lagged returns against current returns
Autocorrelation, which is Mundoro Capital 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 Mundoro Capital's stock expected returns. We can calculate the autocorrelation of Mundoro Capital returns to help us make a trade decision. For example, suppose you find that Mundoro Capital 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 |
Mundoro Capital 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 Mundoro Capital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mundoro Capital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mundoro Capital stock over time.
Current vs Lagged Prices |
| Timeline |
Mundoro Capital Lagged Returns
When evaluating Mundoro Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mundoro Capital stock have on its future price. Mundoro Capital 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, Mundoro Capital autocorrelation shows the relationship between Mundoro Capital stock current value and its past values and can show if there is a momentum factor associated with investing in Mundoro Capital.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Mundoro Stock Analysis
When running Mundoro Capital's price analysis, check to measure Mundoro Capital'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 Mundoro Capital is operating at the current time. Most of Mundoro Capital's value examination focuses on studying past and present price action to predict the probability of Mundoro Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mundoro Capital's price. Additionally, you may evaluate how the addition of Mundoro Capital to your portfolios can decrease your overall portfolio volatility.