Antilles Gold Limited Stock Market Value
| ANTMF Stock | USD 0 0 75.00% |
| Symbol | Antilles |
Antilles 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 Antilles 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 Antilles Gold.
| 11/08/2024 |
| 12/08/2024 |
If you would invest 0.00 in Antilles Gold on November 8, 2024 and sell it all today you would earn a total of 0.00 from holding Antilles Gold Limited or generate 0.0% return on investment in Antilles Gold over 30 days. Antilles Gold is related to or competes with Asante Gold, Bluestone Resources, and Angus Gold. Antilles Gold Limited engages in the exploration, evaluation, and development of gold and silver properties More
Antilles 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 Antilles 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 Antilles Gold Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 137.16 | |||
| Potential Upside | 12.0 |
Antilles Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Antilles Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Antilles Gold's standard deviation. In reality, there are many statistical measures that can use Antilles Gold historical prices to predict the future Antilles Gold's volatility.| Risk Adjusted Performance | 0.0023 | |||
| Jensen Alpha | 0.0296 | |||
| Total Risk Alpha | (3.34) | |||
| Treynor Ratio | 0.1127 |
Antilles Gold Limited Backtested Returns
Antilles Gold Limited secures Sharpe Ratio (or Efficiency) of -0.0098, which signifies that the company had a -0.0098% return per unit of risk over the last 3 months. Antilles Gold Limited exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Antilles Gold's Standard Deviation of 17.85, risk adjusted performance of 0.0023, and Mean Deviation of 5.49 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -1.64, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Antilles Gold are expected to decrease by larger amounts. On the other hand, during market turmoil, Antilles Gold is expected to outperform it. At this point, Antilles Gold Limited has a negative expected return of -0.17%. Please make sure to confirm Antilles Gold's jensen alpha, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Antilles Gold Limited performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.57 |
Good reverse predictability
Antilles Gold Limited has good reverse predictability. Overlapping area represents the amount of predictability between Antilles Gold time series from 8th of November 2024 to 23rd of November 2024 and 23rd of November 2024 to 8th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Antilles Gold Limited price movement. The serial correlation of -0.57 indicates that roughly 57.0% of current Antilles Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.57 | |
| Spearman Rank Test | -0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Antilles Gold Limited lagged returns against current returns
Autocorrelation, which is Antilles 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 Antilles Gold's pink sheet expected returns. We can calculate the autocorrelation of Antilles Gold returns to help us make a trade decision. For example, suppose you find that Antilles 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 |
Antilles 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 Antilles Gold pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Antilles 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 Antilles Gold pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Antilles Gold Lagged Returns
When evaluating Antilles Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Antilles Gold pink sheet have on its future price. Antilles 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, Antilles Gold autocorrelation shows the relationship between Antilles Gold pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Antilles Gold Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Antilles Pink Sheet
Antilles Gold financial ratios help investors to determine whether Antilles 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 Antilles with respect to the benefits of owning Antilles Gold security.