Minerals 260 (Australia) Market Value
| MI6 Stock | 0.12 0.00 0.00% |
| Symbol | Minerals |
Minerals 260 '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 Minerals 260'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 Minerals 260.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in Minerals 260 on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Minerals 260 or generate 0.0% return on investment in Minerals 260 over 90 days. Minerals 260 is related to or competes with Spirit Technology, Computershare, Collins Foods, and Aristocrat Leisure. Minerals 260 is entity of Australia. It is traded as Stock on AU exchange. More
Minerals 260 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 Minerals 260'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 Minerals 260 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.27 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 20.83 | |||
| Value At Risk | (7.69) | |||
| Potential Upside | 7.69 |
Minerals 260 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Minerals 260's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Minerals 260's standard deviation. In reality, there are many statistical measures that can use Minerals 260 historical prices to predict the future Minerals 260's volatility.| Risk Adjusted Performance | 0.0294 | |||
| Jensen Alpha | 0.1191 | |||
| Total Risk Alpha | (0.55) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | (0.55) |
Minerals 260 Backtested Returns
Minerals 260 has Sharpe Ratio of -0.0317, which conveys that the firm had a -0.0317 % return per unit of risk over the last 3 months. Minerals 260 exposes twenty-five different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Minerals 260's Mean Deviation of 2.75, downside deviation of 8.27, and Risk Adjusted Performance of 0.0294 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.18, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Minerals 260 are expected to decrease at a much lower rate. During the bear market, Minerals 260 is likely to outperform the market. At this point, Minerals 260 has a negative expected return of -0.14%. Please make sure to verify Minerals 260's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to decide if Minerals 260 performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.58 |
Good reverse predictability
Minerals 260 has good reverse predictability. Overlapping area represents the amount of predictability between Minerals 260 time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th 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 Minerals 260 price movement. The serial correlation of -0.58 indicates that roughly 58.0% of current Minerals 260 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.58 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Minerals 260 lagged returns against current returns
Autocorrelation, which is Minerals 260 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 Minerals 260's stock expected returns. We can calculate the autocorrelation of Minerals 260 returns to help us make a trade decision. For example, suppose you find that Minerals 260 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 |
Minerals 260 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 Minerals 260 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Minerals 260 stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Minerals 260 stock over time.
Current vs Lagged Prices |
| Timeline |
Minerals 260 Lagged Returns
When evaluating Minerals 260's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Minerals 260 stock have on its future price. Minerals 260 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, Minerals 260 autocorrelation shows the relationship between Minerals 260 stock current value and its past values and can show if there is a momentum factor associated with investing in Minerals 260.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Minerals Stock Analysis
When running Minerals 260's price analysis, check to measure Minerals 260'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 Minerals 260 is operating at the current time. Most of Minerals 260's value examination focuses on studying past and present price action to predict the probability of Minerals 260's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Minerals 260's price. Additionally, you may evaluate how the addition of Minerals 260 to your portfolios can decrease your overall portfolio volatility.