MOAB MINERALS's market value is the price at which a share of MOAB MINERALS trades on a public exchange. It measures the collective expectations of MOAB MINERALS LTD investors about its performance. MOAB MINERALS is trading at 5.0E-4 as of the 22nd of December 2024. This is a 50% down since the beginning of the trading day. The stock's lowest day price was 5.0E-4. With this module, you can estimate the performance of a buy and hold strategy of MOAB MINERALS LTD and determine expected loss or profit from investing in MOAB MINERALS over a given investment horizon. Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
MOAB
MOAB MINERALS '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 MOAB MINERALS'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 MOAB MINERALS.
0.00
07/31/2023
No Change 0.00
0.0
In 1 year 4 months and 26 days
12/22/2024
0.00
If you would invest 0.00 in MOAB MINERALS on July 31, 2023 and sell it all today you would earn a total of 0.00 from holding MOAB MINERALS LTD or generate 0.0% return on investment in MOAB MINERALS over 510 days.
MOAB MINERALS 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 MOAB MINERALS'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 MOAB MINERALS LTD upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for MOAB MINERALS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MOAB MINERALS's standard deviation. In reality, there are many statistical measures that can use MOAB MINERALS historical prices to predict the future MOAB MINERALS's volatility.
MOAB MINERALS is out of control given 3 months investment horizon. MOAB MINERALS LTD retains Efficiency (Sharpe Ratio) of 0.14, which conveys that the firm had a 0.14% return per unit of return volatility over the last 3 months. We were able to interpolate data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 6.82% are justified by taking the suggested risk. Use MOAB MINERALS LTD Downside Deviation of 44.88, market risk adjusted performance of 0.7254, and Mean Deviation of 28.24 to evaluate company specific risk that cannot be diversified away. MOAB MINERALS holds a performance score of 11 on a scale of zero to a hundred. The company owns a Beta (Systematic Risk) of 9.52, 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, MOAB MINERALS will likely underperform. Use MOAB MINERALS LTD coefficient of variation, jensen alpha, and the relationship between the downside deviation and information ratio , to analyze future returns on MOAB MINERALS LTD.
Auto-correlation
0.39
Below average predictability
MOAB MINERALS LTD has below average predictability. Overlapping area represents the amount of predictability between MOAB MINERALS time series from 31st of July 2023 to 11th of April 2024 and 11th of April 2024 to 22nd 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 MOAB MINERALS LTD price movement. The serial correlation of 0.39 indicates that just about 39.0% of current MOAB MINERALS price fluctuation can be explain by its past prices.
Correlation Coefficient
0.39
Spearman Rank Test
0.21
Residual Average
0.0
Price Variance
0.0
MOAB MINERALS LTD lagged returns against current returns
Autocorrelation, which is MOAB MINERALS 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 MOAB MINERALS's stock expected returns. We can calculate the autocorrelation of MOAB MINERALS returns to help us make a trade decision. For example, suppose you find that MOAB MINERALS 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
MOAB MINERALS 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 MOAB MINERALS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MOAB MINERALS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MOAB MINERALS stock over time.
Current vs Lagged Prices
Timeline
MOAB MINERALS Lagged Returns
When evaluating MOAB MINERALS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MOAB MINERALS stock have on its future price. MOAB MINERALS 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, MOAB MINERALS autocorrelation shows the relationship between MOAB MINERALS stock current value and its past values and can show if there is a momentum factor associated with investing in MOAB MINERALS LTD.