Orosur Mining Stock Market Value
| OROXF Stock | USD 0.13 0.04 49.43% |
| Symbol | Orosur |
Orosur Mining '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 Orosur Mining'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 Orosur Mining.
| 11/14/2024 |
| 12/14/2024 |
If you would invest 0.00 in Orosur Mining on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding Orosur Mining or generate 0.0% return on investment in Orosur Mining over 30 days. Orosur Mining is related to or competes with Atlas Corp, PureCycle Technologies, and GCM Grosvenor. Orosur Mining Inc. explores, develops, and produces gold projects in South America More
Orosur Mining 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 Orosur Mining'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 Orosur Mining upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1342 | |||
| Maximum Drawdown | 2600.0 | |||
| Potential Upside | 14.47 |
Orosur Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Orosur Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Orosur Mining's standard deviation. In reality, there are many statistical measures that can use Orosur Mining historical prices to predict the future Orosur Mining's volatility.| Risk Adjusted Performance | 0.1075 | |||
| Jensen Alpha | 37.22 | |||
| Total Risk Alpha | 3.28 | |||
| Treynor Ratio | 0.6608 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Orosur Mining'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.
Orosur Mining Backtested Returns
Orosur Mining is out of control given 3 months investment horizon. Orosur Mining maintains Sharpe Ratio (i.e., Efficiency) of 0.15, which implies the firm had a 0.15% return per unit of risk over the last 3 months. We have analyzed and interpolated twenty-one different technical indicators, which can help you to evaluate if expected returns of 19.46% are justified by taking the suggested risk. Use Orosur Mining Coefficient Of Variation of 743.2, risk adjusted performance of 0.1075, and Variance of 102660.28 to evaluate company specific risk that cannot be diversified away. Orosur Mining holds a performance score of 12 on a scale of zero to a hundred. The company holds a Beta of 65.22, which implies 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, Orosur Mining will likely underperform. Use Orosur Mining jensen alpha, accumulation distribution, as well as the relationship between the Accumulation Distribution and price action indicator , to analyze future returns on Orosur Mining.
Auto-correlation | 0.50 |
Modest predictability
Orosur Mining has modest predictability. Overlapping area represents the amount of predictability between Orosur Mining time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th 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 Orosur Mining price movement. The serial correlation of 0.5 indicates that about 50.0% of current Orosur Mining price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.5 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Orosur Mining lagged returns against current returns
Autocorrelation, which is Orosur Mining 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 Orosur Mining's pink sheet expected returns. We can calculate the autocorrelation of Orosur Mining returns to help us make a trade decision. For example, suppose you find that Orosur Mining 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 |
Orosur Mining 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 Orosur Mining pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Orosur Mining pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Orosur Mining pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Orosur Mining Lagged Returns
When evaluating Orosur Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Orosur Mining pink sheet have on its future price. Orosur Mining 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, Orosur Mining autocorrelation shows the relationship between Orosur Mining pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Orosur Mining.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Orosur Pink Sheet
Orosur Mining financial ratios help investors to determine whether Orosur 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 Orosur with respect to the benefits of owning Orosur Mining security.