Monument Mining (Germany) Market Value
| D7Q1 Stock | EUR 0.24 0.01 4.00% |
| Symbol | Monument |
Monument 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 Monument 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 Monument Mining.
| 04/16/2025 |
| 07/15/2025 |
If you would invest 0.00 in Monument Mining on April 16, 2025 and sell it all today you would earn a total of 0.00 from holding Monument Mining Limited or generate 0.0% return on investment in Monument Mining over 90 days. Monument Mining is related to or competes with NORTHEAST UTILITIES, Algonquin Power, AeroVironment, Games Workshop, and Canadian Utilities. Monument Mining Limited operates as a gold producer and mining asset developer s in Canada, Australia, and Malaysia More
Monument 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 Monument 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 Monument Mining Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.79 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 19.14 | |||
| Value At Risk | (6.67) | |||
| Potential Upside | 7.41 |
Monument Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Monument Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Monument Mining's standard deviation. In reality, there are many statistical measures that can use Monument Mining historical prices to predict the future Monument Mining's volatility.| Risk Adjusted Performance | 0.0774 | |||
| Jensen Alpha | 0.1131 | |||
| Total Risk Alpha | (0.60) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.5213 |
Monument Mining Backtested Returns
Monument Mining has Sharpe Ratio of -0.0541, which conveys that the firm had a -0.0541 % return per unit of risk over the last 3 months. Monument Mining exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Monument Mining's Mean Deviation of 3.43, risk adjusted performance of 0.0774, and Downside Deviation of 4.79 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.42, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Monument Mining's returns are expected to increase less than the market. However, during the bear market, the loss of holding Monument Mining is expected to be smaller as well. At this point, Monument Mining has a negative expected return of -0.23%. Please make sure to verify Monument Mining's total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to decide if Monument Mining performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.14 |
Insignificant reverse predictability
Monument Mining Limited has insignificant reverse predictability. Overlapping area represents the amount of predictability between Monument Mining time series from 16th of April 2025 to 31st of May 2025 and 31st of May 2025 to 15th 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 Monument Mining price movement. The serial correlation of -0.14 indicates that less than 14.0% of current Monument Mining price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.14 | |
| Spearman Rank Test | -0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Monument Mining lagged returns against current returns
Autocorrelation, which is Monument 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 Monument Mining's stock expected returns. We can calculate the autocorrelation of Monument Mining returns to help us make a trade decision. For example, suppose you find that Monument 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 |
Monument 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 Monument Mining stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Monument Mining stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Monument Mining stock over time.
Current vs Lagged Prices |
| Timeline |
Monument Mining Lagged Returns
When evaluating Monument Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Monument Mining stock have on its future price. Monument 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, Monument Mining autocorrelation shows the relationship between Monument Mining stock current value and its past values and can show if there is a momentum factor associated with investing in Monument Mining Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Monument Stock
Monument Mining financial ratios help investors to determine whether Monument 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 Monument with respect to the benefits of owning Monument Mining security.