RESMINING UNSPADR10's market value is the price at which a share of RESMINING UNSPADR10 trades on a public exchange. It measures the collective expectations of RESMINING UNSPADR10 investors about its performance. RESMINING UNSPADR10 is trading at 3.42 as of the 28th of July 2025. This is a 3.39% down since the beginning of the trading day. The stock's lowest day price was 3.42. With this module, you can estimate the performance of a buy and hold strategy of RESMINING UNSPADR10 and determine expected loss or profit from investing in RESMINING UNSPADR10 over a given investment horizon. Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
RESMINING
RESMINING UNSPADR10 '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 RESMINING UNSPADR10'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 RESMINING UNSPADR10.
0.00
04/29/2025
No Change 0.00
0.0
In 3 months and 1 day
07/28/2025
0.00
If you would invest 0.00 in RESMINING UNSPADR10 on April 29, 2025 and sell it all today you would earn a total of 0.00 from holding RESMINING UNSPADR10 or generate 0.0% return on investment in RESMINING UNSPADR10 over 90 days.
RESMINING UNSPADR10 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 RESMINING UNSPADR10'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 RESMINING UNSPADR10 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 RESMINING UNSPADR10's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RESMINING UNSPADR10's standard deviation. In reality, there are many statistical measures that can use RESMINING UNSPADR10 historical prices to predict the future RESMINING UNSPADR10's volatility.
RESMINING UNSPADR10 appears to be risky, given 3 months investment horizon. RESMINING UNSPADR10 maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the firm had a 0.14 % return per unit of standard deviation over the last 3 months. By inspecting RESMINING UNSPADR10's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please evaluate RESMINING UNSPADR10's Risk Adjusted Performance of 0.1393, market risk adjusted performance of (0.61), and Semi Deviation of 2.9 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, RESMINING UNSPADR10 holds a performance score of 11. The company holds a Beta of -1.01, which implies a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning RESMINING UNSPADR10 are expected to decrease slowly. On the other hand, during market turmoil, RESMINING UNSPADR10 is expected to outperform it slightly. Please check RESMINING UNSPADR10's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to make a quick decision on whether RESMINING UNSPADR10's historical price patterns will revert.
Auto-correlation
0.18
Very weak predictability
RESMINING UNSPADR10 has very weak predictability. Overlapping area represents the amount of predictability between RESMINING UNSPADR10 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 RESMINING UNSPADR10 price movement. The serial correlation of 0.18 indicates that over 18.0% of current RESMINING UNSPADR10 price fluctuation can be explain by its past prices.
Correlation Coefficient
0.18
Spearman Rank Test
0.16
Residual Average
0.0
Price Variance
0.02
RESMINING UNSPADR10 lagged returns against current returns
Autocorrelation, which is RESMINING UNSPADR10 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 RESMINING UNSPADR10's stock expected returns. We can calculate the autocorrelation of RESMINING UNSPADR10 returns to help us make a trade decision. For example, suppose you find that RESMINING UNSPADR10 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
RESMINING UNSPADR10 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 RESMINING UNSPADR10 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if RESMINING UNSPADR10 stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in RESMINING UNSPADR10 stock over time.
Current vs Lagged Prices
Timeline
RESMINING UNSPADR10 Lagged Returns
When evaluating RESMINING UNSPADR10's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of RESMINING UNSPADR10 stock have on its future price. RESMINING UNSPADR10 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, RESMINING UNSPADR10 autocorrelation shows the relationship between RESMINING UNSPADR10 stock current value and its past values and can show if there is a momentum factor associated with investing in RESMINING UNSPADR10.