Themac Resources' market value is the price at which a share of Themac Resources trades on a public exchange. It measures the collective expectations of Themac Resources Group investors about its performance. Themac Resources is trading at 0.049 as of the 28th of July 2025. This is a No Change since the beginning of the trading day. The stock's lowest day price was 0.049. With this module, you can estimate the performance of a buy and hold strategy of Themac Resources Group and determine expected loss or profit from investing in Themac Resources over a given investment horizon. Check out Themac Resources Correlation, Themac Resources Volatility and Themac Resources Alpha and Beta module to complement your research on Themac Resources.
Please note, there is a significant difference between Themac Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Themac Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Themac Resources' 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.
Themac Resources '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 Themac Resources' pink sheet 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 Themac Resources.
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04/29/2025
No Change 0.00
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In 2 months and 31 days
07/28/2025
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If you would invest 0.00 in Themac Resources on April 29, 2025 and sell it all today you would earn a total of 0.00 from holding Themac Resources Group or generate 0.0% return on investment in Themac Resources over 90 days. Themac Resources is related to or competes with Forsys Metals, Lupaka Gold, Monument Mining, and Eco Oil. THEMAC Resources Group Limited engages in acquiring, exploring, and developing natural resource properties in the United... More
Themac Resources 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 Themac Resources' pink sheet 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 Themac Resources Group 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 Themac Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Themac Resources' standard deviation. In reality, there are many statistical measures that can use Themac Resources historical prices to predict the future Themac Resources' volatility.
Themac Resources appears to be out of control, given 3 months investment horizon. Themac Resources owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0311, which indicates the firm had a 0.0311 % return per unit of risk over the last 3 months. We have found seventeen technical indicators for Themac Resources Group, which you can use to evaluate the volatility of the company. Please review Themac Resources' Coefficient Of Variation of 3283.77, variance of 85.63, and Risk Adjusted Performance of 0.0328 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Themac Resources holds a performance score of 2. The entity has a beta of -3.24, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Themac Resources are expected to decrease by larger amounts. On the other hand, during market turmoil, Themac Resources is expected to outperform it. Please check Themac Resources' coefficient of variation, jensen alpha, as well as the relationship between the Jensen Alpha and kurtosis , to make a quick decision on whether Themac Resources' existing price patterns will revert.
Auto-correlation
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No correlation between past and present
Themac Resources Group has no correlation between past and present. Overlapping area represents the amount of predictability between Themac Resources time series from 29th of April 2025 to 13th of June 2025 and 13th of June 2025 to 28th 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 Themac Resources price movement. The serial correlation of 0.0 indicates that just 0.0% of current Themac Resources price fluctuation can be explain by its past prices.
Correlation Coefficient
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Spearman Rank Test
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Residual Average
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Price Variance
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Themac Resources lagged returns against current returns
Autocorrelation, which is Themac Resources pink sheet'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 Themac Resources' pink sheet expected returns. We can calculate the autocorrelation of Themac Resources returns to help us make a trade decision. For example, suppose you find that Themac Resources has exhibited high autocorrelation historically, and you observe that the pink sheet 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
Themac Resources 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 Themac Resources pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Themac Resources pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Themac Resources pink sheet over time.
Current vs Lagged Prices
Timeline
Themac Resources Lagged Returns
When evaluating Themac Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Themac Resources pink sheet have on its future price. Themac Resources 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, Themac Resources autocorrelation shows the relationship between Themac Resources pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Themac Resources Group.
Other Information on Investing in Themac Pink Sheet
Themac Resources financial ratios help investors to determine whether Themac Pink Sheet 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 Themac with respect to the benefits of owning Themac Resources security.