ANDRADA MINING's market value is the price at which a share of ANDRADA MINING trades on a public exchange. It measures the collective expectations of ANDRADA MINING LTD investors about its performance. ANDRADA MINING is trading at 0.029 as of the 3rd of July 2025. This is a 3.57% up since the beginning of the trading day. The stock's lowest day price was 0.0285. With this module, you can estimate the performance of a buy and hold strategy of ANDRADA MINING LTD and determine expected loss or profit from investing in ANDRADA MINING over a given investment horizon. Check out ANDRADA MINING Correlation, ANDRADA MINING Volatility and ANDRADA MINING Alpha and Beta module to complement your research on ANDRADA MINING.
Please note, there is a significant difference between ANDRADA MINING's value and its price as these two are different measures arrived at by different means. Investors typically determine if ANDRADA MINING is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ANDRADA MINING's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
ANDRADA MINING '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 ANDRADA MINING'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 ANDRADA MINING.
0.00
04/04/2025
No Change 0.00
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In 3 months and 1 day
07/03/2025
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If you would invest 0.00 in ANDRADA MINING on April 4, 2025 and sell it all today you would earn a total of 0.00 from holding ANDRADA MINING LTD or generate 0.0% return on investment in ANDRADA MINING over 90 days. ANDRADA MINING is related to or competes with SOGECLAIR, UNITED UTILITIES, Canadian Utilities, Fair Isaac, Westinghouse Air, RYANAIR HLDGS, and FIH MOBILE. AfriTin Mining Limited, together with its subsidiaries, engages in the exploration and development of projects in Namibi... More
ANDRADA MINING 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 ANDRADA MINING'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 ANDRADA MINING LTD upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for ANDRADA MINING's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ANDRADA MINING's standard deviation. In reality, there are many statistical measures that can use ANDRADA MINING historical prices to predict the future ANDRADA MINING's volatility.
At this point, ANDRADA MINING is out of control. ANDRADA MINING LTD secures Sharpe Ratio (or Efficiency) of 0.0206, which signifies that the company had a 0.0206 % return per unit of risk over the last 3 months. We have found twenty-four technical indicators for ANDRADA MINING LTD, which you can use to evaluate the volatility of the firm. Please confirm ANDRADA MINING's Risk Adjusted Performance of (0.06), standard deviation of 5.3, and Mean Deviation of 3.36 to double-check if the risk estimate we provide is consistent with the expected return of 0.0884%. ANDRADA MINING has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.41, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, ANDRADA MINING's returns are expected to increase less than the market. However, during the bear market, the loss of holding ANDRADA MINING is expected to be smaller as well. ANDRADA MINING LTD at this time shows a risk of 4.29%. Please confirm ANDRADA MINING LTD market risk adjusted performance, coefficient of variation, jensen alpha, as well as the relationship between the mean deviation and standard deviation , to decide if ANDRADA MINING LTD will be following its price patterns.
Auto-correlation
-0.22
Weak reverse predictability
ANDRADA MINING LTD has weak reverse predictability. Overlapping area represents the amount of predictability between ANDRADA MINING time series from 4th of April 2025 to 19th of May 2025 and 19th of May 2025 to 3rd of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ANDRADA MINING LTD price movement. The serial correlation of -0.22 indicates that over 22.0% of current ANDRADA MINING price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.22
Spearman Rank Test
-0.23
Residual Average
0.0
Price Variance
0.0
ANDRADA MINING LTD lagged returns against current returns
Autocorrelation, which is ANDRADA MINING 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 ANDRADA MINING's stock expected returns. We can calculate the autocorrelation of ANDRADA MINING returns to help us make a trade decision. For example, suppose you find that ANDRADA MINING 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
ANDRADA MINING 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 ANDRADA MINING stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ANDRADA MINING stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ANDRADA MINING stock over time.
Current vs Lagged Prices
Timeline
ANDRADA MINING Lagged Returns
When evaluating ANDRADA MINING's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ANDRADA MINING stock have on its future price. ANDRADA MINING 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, ANDRADA MINING autocorrelation shows the relationship between ANDRADA MINING stock current value and its past values and can show if there is a momentum factor associated with investing in ANDRADA MINING LTD.
ANDRADA MINING financial ratios help investors to determine whether ANDRADA 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 ANDRADA with respect to the benefits of owning ANDRADA MINING security.