Mimedia Holdings Stock Market Value
| MIM Stock | 0.82 0.03 3.80% |
| Symbol | MiMedia |
MiMedia Holdings '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 MiMedia Holdings' 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 MiMedia Holdings.
| 04/20/2025 |
| 07/19/2025 |
If you would invest 0.00 in MiMedia Holdings on April 20, 2025 and sell it all today you would earn a total of 0.00 from holding MiMedia Holdings or generate 0.0% return on investment in MiMedia Holdings over 90 days. MiMedia Holdings is related to or competes with Queens Road, Algonquin Power, Ocumetics Technology, Pace Metals, Western Copper, Sparx Technology, and Galway Metals. More
MiMedia Holdings 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 MiMedia Holdings' 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 MiMedia Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.97 | |||
| Information Ratio | 0.1591 | |||
| Maximum Drawdown | 21.09 | |||
| Value At Risk | (7.41) | |||
| Potential Upside | 8.7 |
MiMedia Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MiMedia Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MiMedia Holdings' standard deviation. In reality, there are many statistical measures that can use MiMedia Holdings historical prices to predict the future MiMedia Holdings' volatility.| Risk Adjusted Performance | 0.1843 | |||
| Jensen Alpha | 0.9135 | |||
| Total Risk Alpha | 0.2213 | |||
| Sortino Ratio | 0.1521 | |||
| Treynor Ratio | (4.36) |
MiMedia Holdings Backtested Returns
MiMedia Holdings appears to be abnormally volatile, given 3 months investment horizon. MiMedia Holdings has Sharpe Ratio of 0.19, which conveys that the firm had a 0.19 % return per unit of volatility over the last 3 months. By analyzing MiMedia Holdings' technical indicators, you can evaluate if the expected return of 0.9% is justified by implied risk. Please exercise MiMedia Holdings' risk adjusted performance of 0.1843, and Mean Deviation of 3.49 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, MiMedia Holdings holds a performance score of 14. The company secures a Beta (Market Risk) of -0.2, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning MiMedia Holdings are expected to decrease at a much lower rate. During the bear market, MiMedia Holdings is likely to outperform the market. Please check MiMedia Holdings' treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to make a quick decision on whether MiMedia Holdings' current price movements will revert.
Auto-correlation | 0.05 |
Virtually no predictability
MiMedia Holdings has virtually no predictability. Overlapping area represents the amount of predictability between MiMedia Holdings time series from 20th of April 2025 to 4th of June 2025 and 4th of June 2025 to 19th 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 MiMedia Holdings price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current MiMedia Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.05 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
MiMedia Holdings lagged returns against current returns
Autocorrelation, which is MiMedia Holdings 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 MiMedia Holdings' stock expected returns. We can calculate the autocorrelation of MiMedia Holdings returns to help us make a trade decision. For example, suppose you find that MiMedia Holdings 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 |
MiMedia Holdings 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 MiMedia Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MiMedia Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MiMedia Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
MiMedia Holdings Lagged Returns
When evaluating MiMedia Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MiMedia Holdings stock have on its future price. MiMedia Holdings 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, MiMedia Holdings autocorrelation shows the relationship between MiMedia Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in MiMedia Holdings.
Regressed Prices |
| Timeline |
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Additional Tools for MiMedia Stock Analysis
When running MiMedia Holdings' price analysis, check to measure MiMedia Holdings' 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 MiMedia Holdings is operating at the current time. Most of MiMedia Holdings' value examination focuses on studying past and present price action to predict the probability of MiMedia Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MiMedia Holdings' price. Additionally, you may evaluate how the addition of MiMedia Holdings to your portfolios can decrease your overall portfolio volatility.