Monument Mining Stock Forecast - Day Median Price
| MMY Stock | CAD 0.16 0.01 5.88% |
Monument Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Monument Mining stock prices and determine the direction of Monument Mining Limited's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Monument Mining's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Monument Mining's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Monument Mining's systematic risk associated with finding meaningful patterns of Monument Mining fundamentals over time.
Check out Historical Fundamental Analysis of Monument Mining to cross-verify your projections. Monument |
Most investors in Monument Mining cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Monument Mining's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Monument Mining's price structures and extracts relationships that further increase the generated results' accuracy.
Median Price is the statistical median of an asset price for a given trading period.| Previous Day Median Price | Day Median Price | Trend |
| 0.16 | 0.16 |
| Check Monument Mining Volatility | Backtest Monument Mining | Information Ratio |
Monument Mining Trading Date Momentum
| On April 28 2024 Monument Mining Limited was traded for 0.16 at the closing time. The highest daily price throughout the period was 0.16 and the lowest price was 0.16 . There was no trading activity during the period 0.0. Lack of trading volume on 04/28/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% . |
The median price is the midpoint of the trading periods range.
| Compare Monument Mining to competition |
Other Forecasting Options for Monument Mining
For every potential investor in Monument, whether a beginner or expert, Monument Mining's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Monument Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Monument. Basic forecasting techniques help filter out the noise by identifying Monument Mining's price trends.Monument Mining Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Monument Mining stock to make a market-neutral strategy. Peer analysis of Monument Mining could also be used in its relative valuation, which is a method of valuing Monument Mining by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Monument Mining Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Monument Mining's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Monument Mining's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Monument Mining Market Strength Events
Market strength indicators help investors to evaluate how Monument Mining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Monument Mining shares will generate the highest return on investment. By undertsting and applying Monument Mining stock market strength indicators, traders can identify Monument Mining Limited entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.94 | |||
| Day Median Price | 0.16 | |||
| Day Typical Price | 0.16 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.01) |
Monument Mining Risk Indicators
The analysis of Monument Mining's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Monument Mining's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting monument stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.86 | |||
| Semi Deviation | 3.49 | |||
| Standard Deviation | 5.08 | |||
| Variance | 25.78 | |||
| Downside Variance | 73.86 | |||
| Semi Variance | 12.21 | |||
| Expected Short fall | (8.19) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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 Monument Mining 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, Monument Mining's short interest history, or implied volatility extrapolated from Monument Mining options trading.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Monument Mining to cross-verify your projections. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Complementary Tools for Monument Stock analysis
When running Monument Mining's price analysis, check to measure Monument Mining'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 Monument Mining is operating at the current time. Most of Monument Mining's value examination focuses on studying past and present price action to predict the probability of Monument Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Monument Mining's price. Additionally, you may evaluate how the addition of Monument Mining to your portfolios can decrease your overall portfolio volatility.
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