Mountain Boy Minerals Stock Market Value
| MTB Stock | CAD 0.04 0.01 12.50% |
| Symbol | Mountain |
Mountain Boy Minerals Price To Book Ratio
Mountain Boy '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 Mountain Boy'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 Mountain Boy.
| 05/04/2022 |
| 04/23/2024 |
If you would invest 0.00 in Mountain Boy on May 4, 2022 and sell it all today you would earn a total of 0.00 from holding Mountain Boy Minerals or generate 0.0% return on investment in Mountain Boy over 720 days. Mountain Boy Minerals Ltd., an exploration stage company, engages in the acquisition, exploration, and evaluation of min... More
Mountain Boy 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 Mountain Boy'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 Mountain Boy Minerals upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 53.33 | |||
| Value At Risk | (12.50) |
Mountain Boy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mountain Boy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mountain Boy's standard deviation. In reality, there are many statistical measures that can use Mountain Boy historical prices to predict the future Mountain Boy's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (1.18) | |||
| Treynor Ratio | 0.301 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Mountain Boy'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.
Mountain Boy Minerals Backtested Returns
We consider Mountain Boy out of control. Mountain Boy Minerals has Sharpe Ratio of 0.0019, which conveys that the firm had a 0.0019% return per unit of risk over the last 3 months. We have found twenty technical indicators for Mountain Boy, which you can use to evaluate the volatility of the firm. Please verify Mountain Boy's Mean Deviation of 2.31, risk adjusted performance of (0.02), and Standard Deviation of 7.14 to check out if the risk estimate we provide is consistent with the expected return of 0.0134%. The company secures a Beta (Market Risk) of -1.0, which conveys possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Mountain Boy are expected to decrease slowly. On the other hand, during market turmoil, Mountain Boy is expected to outperform it slightly. Mountain Boy Minerals right now secures a risk of 6.92%. Please verify Mountain Boy Minerals value at risk, rate of daily change, as well as the relationship between the Rate Of Daily Change and period momentum indicator , to decide if Mountain Boy Minerals will be following its current price movements.
Auto-correlation | -0.58 |
Good reverse predictability
Mountain Boy Minerals has good reverse predictability. Overlapping area represents the amount of predictability between Mountain Boy time series from 4th of May 2022 to 29th of April 2023 and 29th of April 2023 to 23rd of April 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 Mountain Boy Minerals price movement. The serial correlation of -0.58 indicates that roughly 58.0% of current Mountain Boy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.58 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Mountain Boy Minerals lagged returns against current returns
Autocorrelation, which is Mountain Boy 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 Mountain Boy's stock expected returns. We can calculate the autocorrelation of Mountain Boy returns to help us make a trade decision. For example, suppose you find that Mountain Boy 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 |
Mountain Boy 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 Mountain Boy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mountain Boy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mountain Boy stock over time.
Current vs Lagged Prices |
| Timeline |
Mountain Boy Lagged Returns
When evaluating Mountain Boy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mountain Boy stock have on its future price. Mountain Boy 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, Mountain Boy autocorrelation shows the relationship between Mountain Boy stock current value and its past values and can show if there is a momentum factor associated with investing in Mountain Boy Minerals.
Regressed Prices |
| Timeline |
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 Mountain Boy Correlation, Mountain Boy Volatility and Mountain Boy Alpha and Beta module to complement your research on Mountain Boy. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for Mountain Stock analysis
When running Mountain Boy's price analysis, check to measure Mountain Boy'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 Mountain Boy is operating at the current time. Most of Mountain Boy's value examination focuses on studying past and present price action to predict the probability of Mountain Boy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mountain Boy's price. Additionally, you may evaluate how the addition of Mountain Boy to your portfolios can decrease your overall portfolio volatility.
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets |
Mountain Boy technical stock 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, stock market cycles, or different charting patterns.