CHAMPION IRON (Germany) Market Value
| MMPI Stock | EUR 2.48 0.02 0.80% |
| Symbol | CHAMPION |
CHAMPION IRON '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 CHAMPION IRON'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 CHAMPION IRON.
| 05/09/2025 |
| 07/08/2025 |
If you would invest 0.00 in CHAMPION IRON on May 9, 2025 and sell it all today you would earn a total of 0.00 from holding CHAMPION IRON or generate 0.0% return on investment in CHAMPION IRON over 60 days. CHAMPION IRON is related to or competes with BHP Group, BHP Group, Rio Tinto, Rio Tinto, Vale SA, Vale SA, and Glencore Plc. Champion Iron Limited explores, develops, and produces iron ore in Quebec, Canada More
CHAMPION IRON 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 CHAMPION IRON'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 CHAMPION IRON upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 23.27 | |||
| Value At Risk | (6.30) | |||
| Potential Upside | 5.93 |
CHAMPION IRON Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CHAMPION IRON's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CHAMPION IRON's standard deviation. In reality, there are many statistical measures that can use CHAMPION IRON historical prices to predict the future CHAMPION IRON's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | 0.208 |
CHAMPION IRON Backtested Returns
CHAMPION IRON appears to be very risky, given 3 months investment horizon. CHAMPION IRON retains Efficiency (Sharpe Ratio) of 0.1, which signifies that the company had a 0.1 % return per unit of risk over the last 3 months. We have found twenty-one technical indicators for CHAMPION IRON, which you can use to evaluate the volatility of the firm. Please makes use of CHAMPION IRON's market risk adjusted performance of 0.218, and Variance of 16.4 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, CHAMPION IRON holds a performance score of 7. The firm owns a Beta (Systematic Risk) of -0.41, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning CHAMPION IRON are expected to decrease at a much lower rate. During the bear market, CHAMPION IRON is likely to outperform the market. Please check CHAMPION IRON's mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance , to make a quick decision on whether CHAMPION IRON's current price history will revert.
Auto-correlation | 0.39 |
Below average predictability
CHAMPION IRON has below average predictability. Overlapping area represents the amount of predictability between CHAMPION IRON time series from 9th of May 2025 to 8th of June 2025 and 8th of June 2025 to 8th 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 CHAMPION IRON price movement. The serial correlation of 0.39 indicates that just about 39.0% of current CHAMPION IRON price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
CHAMPION IRON lagged returns against current returns
Autocorrelation, which is CHAMPION IRON 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 CHAMPION IRON's stock expected returns. We can calculate the autocorrelation of CHAMPION IRON returns to help us make a trade decision. For example, suppose you find that CHAMPION IRON 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 |
CHAMPION IRON 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 CHAMPION IRON stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CHAMPION IRON stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CHAMPION IRON stock over time.
Current vs Lagged Prices |
| Timeline |
CHAMPION IRON Lagged Returns
When evaluating CHAMPION IRON's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CHAMPION IRON stock have on its future price. CHAMPION IRON 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, CHAMPION IRON autocorrelation shows the relationship between CHAMPION IRON stock current value and its past values and can show if there is a momentum factor associated with investing in CHAMPION IRON.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in CHAMPION Stock
CHAMPION IRON financial ratios help investors to determine whether CHAMPION 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 CHAMPION with respect to the benefits of owning CHAMPION IRON security.