Antioquia Gold Stock Market Value
| AGDXF Stock | USD 0.01 0.00 0.00% |
| Symbol | Antioquia |
Antioquia Gold '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 Antioquia Gold's 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 Antioquia Gold.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Antioquia Gold on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Antioquia Gold or generate 0.0% return on investment in Antioquia Gold over 90 days. Antioquia Gold is related to or competes with Angkor Resources, Asante Gold, and Dynacor Gold. Antioquia Gold Inc. engages in the exploration, evaluation, and development of gold resource properties in Colombia More
Antioquia Gold 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 Antioquia Gold's 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 Antioquia Gold upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1057 | |||
| Maximum Drawdown | 1000.0 |
Antioquia Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Antioquia Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Antioquia Gold's standard deviation. In reality, there are many statistical measures that can use Antioquia Gold historical prices to predict the future Antioquia Gold's volatility.| Risk Adjusted Performance | 0.1013 | |||
| Jensen Alpha | 10.9 | |||
| Total Risk Alpha | 29.01 | |||
| Treynor Ratio | (0.62) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Antioquia Gold'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.
Antioquia Gold Backtested Returns
Antioquia Gold is out of control given 3 months investment horizon. Antioquia Gold secures Sharpe Ratio (or Efficiency) of 0.1, which signifies that the company had a 0.1 % return per unit of risk over the last 3 months. We have analyzed and interpolated sixteen different technical indicators, which can help you to evaluate if expected returns of 13.23% are justified by taking the suggested risk. Use Antioquia Gold Risk Adjusted Performance of 0.1013, standard deviation of 126.09, and Mean Deviation of 30.84 to evaluate company specific risk that cannot be diversified away. Antioquia Gold holds a performance score of 8 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -21.22, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Antioquia Gold are expected to decrease by larger amounts. On the other hand, during market turmoil, Antioquia Gold is expected to outperform it. Use Antioquia Gold treynor ratio and rate of daily change , to analyze future returns on Antioquia Gold.
Auto-correlation | -0.32 |
Poor reverse predictability
Antioquia Gold has poor reverse predictability. Overlapping area represents the amount of predictability between Antioquia Gold time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 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 Antioquia Gold price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current Antioquia Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.32 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Antioquia Gold lagged returns against current returns
Autocorrelation, which is Antioquia Gold 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 Antioquia Gold's pink sheet expected returns. We can calculate the autocorrelation of Antioquia Gold returns to help us make a trade decision. For example, suppose you find that Antioquia Gold 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 |
Antioquia Gold 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 Antioquia Gold pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Antioquia Gold pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Antioquia Gold pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Antioquia Gold Lagged Returns
When evaluating Antioquia Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Antioquia Gold pink sheet have on its future price. Antioquia Gold 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, Antioquia Gold autocorrelation shows the relationship between Antioquia Gold pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Antioquia Gold.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Antioquia Pink Sheet
Antioquia Gold financial ratios help investors to determine whether Antioquia 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 Antioquia with respect to the benefits of owning Antioquia Gold security.