Peloton Minerals Stock Market Value
| PMCCF Stock | USD 0.06 0.0001 0.16% |
| Symbol | Peloton |
Peloton 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 Peloton Minerals' otc 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 Peloton Minerals.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Peloton Minerals on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Peloton Minerals or generate 0.0% return on investment in Peloton Minerals over 30 days. Peloton Minerals is related to or competes with Norsemont Mining, and Vior. Peloton Minerals Corporation, a mineral exploration company, acquires and explores for mineral properties in Canada and ... More
Peloton 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 Peloton Minerals' otc 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 Peloton Minerals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.95 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 54.05 | |||
| Value At Risk | (7.46) | |||
| Potential Upside | 4.84 |
Peloton Minerals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Peloton Minerals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Peloton Minerals' standard deviation. In reality, there are many statistical measures that can use Peloton Minerals historical prices to predict the future Peloton Minerals' volatility.| Risk Adjusted Performance | 0.0206 | |||
| Jensen Alpha | 0.0687 | |||
| Total Risk Alpha | (1.14) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.3786 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Peloton Minerals' 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.
Peloton Minerals Backtested Returns
At this point, Peloton Minerals is out of control. Peloton Minerals maintains Sharpe Ratio (i.e., Efficiency) of 0.0154, which implies the firm had a 0.0154% return per unit of risk over the last 3 months. We have found thirty technical indicators for Peloton Minerals, which you can use to evaluate the volatility of the company. Please check Peloton Minerals' Semi Deviation of 3.7, coefficient of variation of 6572.11, and Risk Adjusted Performance of 0.0206 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. Peloton Minerals has a performance score of 1 on a scale of 0 to 100. The company holds a Beta of 0.27, which implies not very significant fluctuations relative to the market. As returns on the market increase, Peloton Minerals' returns are expected to increase less than the market. However, during the bear market, the loss of holding Peloton Minerals is expected to be smaller as well. Peloton Minerals right now holds a risk of 7.58%. Please check Peloton Minerals sortino ratio, semi variance, rate of daily change, as well as the relationship between the value at risk and kurtosis , to decide if Peloton Minerals will be following its historical price patterns.
Auto-correlation | 0.01 |
Virtually no predictability
Peloton Minerals has virtually no predictability. Overlapping area represents the amount of predictability between Peloton Minerals time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th of November 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 Peloton Minerals price movement. The serial correlation of 0.01 indicates that just 1.0% of current Peloton Minerals price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | 0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Peloton Minerals lagged returns against current returns
Autocorrelation, which is Peloton Minerals otc 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 Peloton Minerals' otc stock expected returns. We can calculate the autocorrelation of Peloton Minerals returns to help us make a trade decision. For example, suppose you find that Peloton Minerals has exhibited high autocorrelation historically, and you observe that the otc 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 |
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Peloton 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 Peloton Minerals otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Peloton Minerals otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Peloton Minerals otc stock over time.
Current vs Lagged Prices |
| Timeline |
Peloton Minerals Lagged Returns
When evaluating Peloton Minerals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Peloton Minerals otc stock have on its future price. Peloton 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, Peloton Minerals autocorrelation shows the relationship between Peloton Minerals otc stock current value and its past values and can show if there is a momentum factor associated with investing in Peloton Minerals.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Peloton OTC Stock
Peloton Minerals financial ratios help investors to determine whether Peloton OTC Stock 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 Peloton with respect to the benefits of owning Peloton Minerals security.