Mas Gold Corp Stock Statistic Functions Pearson Correlation Coefficient

MAS Stock  CAD 0.02  0.01  100.00%   
MAS Gold statistic functions tool provides the execution environment for running the Pearson Correlation Coefficient function and other technical functions against MAS Gold. MAS Gold value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Pearson Correlation Coefficient function function is designed to identify and follow existing trends. MAS Gold statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

Function
Time Period
Execute Function
The output start index for this execution was nineteen with a total number of output elements of fourty-two. The Pearsons Correlation Coefficient is one of the most common measures of correlation in financial statistics. It shows the linear relationship between price series of MAS Gold Corp and its benchmark or peer.

MAS Gold Technical Analysis Modules

Most technical analysis of MAS Gold help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for MAS from various momentum indicators to cycle indicators. When you analyze MAS charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About MAS Gold Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MAS Gold Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of MAS Gold Corp based on widely used predictive technical indicators. In general, we focus on analyzing MAS Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build MAS Gold's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of MAS Gold's intrinsic value. In addition to deriving basic predictive indicators for MAS Gold, we also check how macroeconomic factors affect MAS Gold price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2023 2024 (projected)
Days Sales Outstanding55.4649.3
PTB Ratio0.880.83
Hype
Prediction
LowEstimatedHigh
0.000.0233.94
Details
Intrinsic
Valuation
LowRealHigh
0.000.0233.94
Details
Naive
Forecast
LowNextHigh
0.00040.0233.93
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
00.010.02
Details

Learn to be your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

Did you try this?

Run Bond Analysis Now

   

Bond Analysis

Evaluate and analyze corporate bonds as a potential investment for your portfolios.
All  Next Launch Module

MAS Gold Corp pair trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if MAS Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in MAS Gold will appreciate offsetting losses from the drop in the long position's value.

MAS Gold Pair Trading

MAS Gold Corp Pair Trading Analysis

Additional Tools for MAS Stock Analysis

When running MAS Gold's price analysis, check to measure MAS Gold'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 MAS Gold is operating at the current time. Most of MAS Gold's value examination focuses on studying past and present price action to predict the probability of MAS Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MAS Gold's price. Additionally, you may evaluate how the addition of MAS Gold to your portfolios can decrease your overall portfolio volatility.