Mineros Sa Stock Market Value
| MNSAF Stock | USD 0.83 0.00 0.00% |
| Symbol | Mineros |
Mineros SA '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 Mineros SA'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 Mineros SA.
| 12/17/2023 |
| 05/15/2024 |
If you would invest 0.00 in Mineros SA on December 17, 2023 and sell it all today you would earn a total of 0.00 from holding Mineros SA or generate 0.0% return on investment in Mineros SA over 150 days. Mineros SA is related to or competes with Calibre Mining, Orezone Gold, and Aurion Resources. Mineros S.A. engages in the exploration, development, and production of mineral properties in Colombia, Argentina and Ni... More
Mineros SA 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 Mineros SA'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 Mineros SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1177 | |||
| Maximum Drawdown | 105.91 |
Mineros SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mineros SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mineros SA's standard deviation. In reality, there are many statistical measures that can use Mineros SA historical prices to predict the future Mineros SA's volatility.| Risk Adjusted Performance | 0.0863 | |||
| Jensen Alpha | 1.58 | |||
| Total Risk Alpha | 0.0783 | |||
| Treynor Ratio | 5.01 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Mineros SA'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.
Mineros SA Backtested Returns
Mineros SA is out of control given 3 months investment horizon. Mineros SA has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12% return per unit of risk over the last 3 months. We were able to analyze sixteen different technical indicators, which can help you to evaluate if expected returns of 1.61% are justified by taking the suggested risk. Use Mineros SA Risk Adjusted Performance of 0.0863, standard deviation of 13.02, and Mean Deviation of 3.25 to evaluate company specific risk that cannot be diversified away. Mineros SA holds a performance score of 9 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 0.32, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Mineros SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mineros SA is expected to be smaller as well. Use Mineros SA information ratio, skewness, as well as the relationship between the Skewness and day median price , to analyze future returns on Mineros SA.
Auto-correlation | 0.89 |
Very good predictability
Mineros SA has very good predictability. Overlapping area represents the amount of predictability between Mineros SA time series from 17th of December 2023 to 1st of March 2024 and 1st of March 2024 to 15th of May 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 Mineros SA price movement. The serial correlation of 0.89 indicates that approximately 89.0% of current Mineros SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.89 | |
| Spearman Rank Test | 0.92 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Mineros SA lagged returns against current returns
Autocorrelation, which is Mineros SA 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 Mineros SA's pink sheet expected returns. We can calculate the autocorrelation of Mineros SA returns to help us make a trade decision. For example, suppose you find that Mineros SA 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 |
Mineros SA 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 Mineros SA pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mineros SA pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mineros SA pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Mineros SA Lagged Returns
When evaluating Mineros SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mineros SA pink sheet have on its future price. Mineros SA 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, Mineros SA autocorrelation shows the relationship between Mineros SA pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Mineros SA.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Mineros SA in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Mineros SA's short interest history, or implied volatility extrapolated from Mineros SA options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Mineros SA Correlation, Mineros SA Volatility and Mineros SA Alpha and Beta module to complement your research on Mineros SA. Note that the Mineros SA information on this page should be used as a complementary analysis to other Mineros SA's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for Mineros Pink Sheet analysis
When running Mineros SA's price analysis, check to measure Mineros SA'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 Mineros SA is operating at the current time. Most of Mineros SA's value examination focuses on studying past and present price action to predict the probability of Mineros SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mineros SA's price. Additionally, you may evaluate how the addition of Mineros SA to your portfolios can decrease your overall portfolio volatility.
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges |
Mineros SA technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.