Meridian Mining Uk Stock Market Value
| MRRDF Stock | USD 0.62 0.01 1.64% |
| Symbol | Meridian |
Meridian 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 Meridian Mining's otc 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 Meridian Mining.
| 05/18/2025 |
| 08/16/2025 |
If you would invest 0.00 in Meridian Mining on May 18, 2025 and sell it all today you would earn a total of 0.00 from holding Meridian Mining UK or generate 0.0% return on investment in Meridian Mining over 90 days. Meridian Mining is related to or competes with Defiance Silver, Lotus Resources, Metals X, Group Ten, and Skeena Resources. Meridian Mining UK Societas, together with its subsidiaries, engages in the acquisition, exploration, and development of... More
Meridian 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 Meridian Mining's otc 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 Meridian Mining UK upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.11 | |||
| Information Ratio | 0.0787 | |||
| Maximum Drawdown | 16.04 | |||
| Value At Risk | (4.62) | |||
| Potential Upside | 7.27 |
Meridian Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Meridian Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Meridian Mining's standard deviation. In reality, there are many statistical measures that can use Meridian Mining historical prices to predict the future Meridian Mining's volatility.| Risk Adjusted Performance | 0.0852 | |||
| Jensen Alpha | 0.3451 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.085 | |||
| Treynor Ratio | 3.26 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Meridian Mining's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Meridian Mining UK Backtested Returns
Meridian Mining appears to be abnormally volatile, given 3 months investment horizon. Meridian Mining UK has Sharpe Ratio of 0.11, which conveys that the firm had a 0.11 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Meridian Mining, which you can use to evaluate the volatility of the firm. Please exercise Meridian Mining's Risk Adjusted Performance of 0.0852, mean deviation of 2.42, and Downside Deviation of 3.11 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Meridian Mining holds a performance score of 8. The company secures a Beta (Market Risk) of 0.11, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Meridian Mining's returns are expected to increase less than the market. However, during the bear market, the loss of holding Meridian Mining is expected to be smaller as well. Please check Meridian Mining's maximum drawdown and the relationship between the semi variance and price action indicator , to make a quick decision on whether Meridian Mining's current price movements will revert.
Auto-correlation | 0.15 |
Insignificant predictability
Meridian Mining UK has insignificant predictability. Overlapping area represents the amount of predictability between Meridian Mining time series from 18th of May 2025 to 2nd of July 2025 and 2nd of July 2025 to 16th of August 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 Meridian Mining UK price movement. The serial correlation of 0.15 indicates that less than 15.0% of current Meridian Mining price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.15 | |
| Spearman Rank Test | 0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Meridian Mining UK lagged returns against current returns
Autocorrelation, which is Meridian Mining otc 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 Meridian Mining's otc stock expected returns. We can calculate the autocorrelation of Meridian Mining returns to help us make a trade decision. For example, suppose you find that Meridian Mining has exhibited high autocorrelation historically, and you observe that the otc 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 |
Meridian 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 Meridian Mining otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Meridian Mining otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Meridian Mining otc stock over time.
Current vs Lagged Prices |
| Timeline |
Meridian Mining Lagged Returns
When evaluating Meridian Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Meridian Mining otc stock have on its future price. Meridian 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, Meridian Mining autocorrelation shows the relationship between Meridian Mining otc stock current value and its past values and can show if there is a momentum factor associated with investing in Meridian Mining UK.
Regressed Prices |
| Timeline |
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Other Information on Investing in Meridian OTC Stock
Meridian Mining financial ratios help investors to determine whether Meridian OTC 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 Meridian with respect to the benefits of owning Meridian Mining security.