Mexus Gold Us Stock Market Value
| MXSG Stock | USD 0.0001 0.00 0.00% |
| Symbol | Mexus |
Mexus Gold '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 Mexus Gold's 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 Mexus Gold.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Mexus Gold on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Mexus Gold Us or generate 0.0% return on investment in Mexus Gold over 30 days. Mexus Gold is related to or competes with Platinum Group, Perpetua Resources, Blackrock Silver, Avino Silver, and Bear Creek. Mexus Gold US, an exploration stage mining company, engages in the evaluation, acquisition, exploration, and advancement... More
Mexus Gold 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 Mexus Gold's 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 Mexus Gold Us upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1138 | |||
| Maximum Drawdown | 1493.33 |
Mexus Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mexus Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mexus Gold's standard deviation. In reality, there are many statistical measures that can use Mexus Gold historical prices to predict the future Mexus Gold's volatility.| Risk Adjusted Performance | 0.0927 | |||
| Jensen Alpha | 22.12 | |||
| Total Risk Alpha | (7.61) | |||
| Treynor Ratio | (0.97) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Mexus Gold's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Mexus Gold Us Backtested Returns
Mexus Gold is out of control given 3 months investment horizon. Mexus Gold Us has Sharpe Ratio of 0.11, which conveys that the firm had a 0.11% return per unit of risk over the last 3 months. We are able to interpolate and collect seventeen different technical indicators, which can help you to evaluate if expected returns of 14.17% are justified by taking the suggested risk. Use Mexus Gold Us Standard Deviation of 172.89, mean deviation of 41.82, and Risk Adjusted Performance of 0.0927 to evaluate company specific risk that cannot be diversified away. Mexus Gold holds a performance score of 8 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -20.35, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Mexus Gold are expected to decrease by larger amounts. On the other hand, during market turmoil, Mexus Gold is expected to outperform it. Use Mexus Gold Us risk adjusted performance, variance, as well as the relationship between the Variance and kurtosis , to analyze future returns on Mexus Gold Us.
Auto-correlation | 0.00 |
No correlation between past and present
Mexus Gold Us has no correlation between past and present. Overlapping area represents the amount of predictability between Mexus Gold time series from 12th of November 2024 to 27th of November 2024 and 27th of November 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 Mexus Gold Us price movement. The serial correlation of 0.0 indicates that just 0.0% of current Mexus Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Mexus Gold Us lagged returns against current returns
Autocorrelation, which is Mexus Gold 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 Mexus Gold's pink sheet expected returns. We can calculate the autocorrelation of Mexus Gold returns to help us make a trade decision. For example, suppose you find that Mexus Gold 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 |
Mexus Gold 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 Mexus Gold pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mexus Gold pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mexus Gold pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Mexus Gold Lagged Returns
When evaluating Mexus Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mexus Gold pink sheet have on its future price. Mexus Gold 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, Mexus Gold autocorrelation shows the relationship between Mexus Gold pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Mexus Gold Us.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Mexus Pink Sheet
Mexus Gold financial ratios help investors to determine whether Mexus 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 Mexus with respect to the benefits of owning Mexus Gold security.