Augusta Gold Corp Stock Market Value
| AUGG Stock | USD 1.03 0.01 0.98% |
| Symbol | Augusta |
Augusta 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 Augusta Gold'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 Augusta Gold.
| 12/17/2023 |
| 12/11/2024 |
If you would invest 0.00 in Augusta Gold on December 17, 2023 and sell it all today you would earn a total of 0.00 from holding Augusta Gold Corp or generate 0.0% return on investment in Augusta Gold over 360 days. Augusta Gold is related to or competes with Revival Gold, Galiano Gold, US Gold, HUMANA, Barloworld, Morningstar Unconstrained, and Thrivent High. Augusta Gold Corp., a junior exploration company, engages in the acquisition and exploration of mineral properties in th... More
Augusta 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 Augusta Gold'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 Augusta Gold Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.06 | |||
| Information Ratio | 0.2113 | |||
| Maximum Drawdown | 22.94 | |||
| Value At Risk | (6.67) | |||
| Potential Upside | 10.17 |
Augusta Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Augusta Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Augusta Gold's standard deviation. In reality, there are many statistical measures that can use Augusta Gold historical prices to predict the future Augusta Gold's volatility.| Risk Adjusted Performance | 0.1789 | |||
| Jensen Alpha | 1.21 | |||
| Total Risk Alpha | 0.382 | |||
| Sortino Ratio | 0.2115 | |||
| Treynor Ratio | (5.81) |
Augusta Gold Corp Backtested Returns
Augusta Gold is abnormally volatile given 3 months investment horizon. Augusta Gold Corp secures Sharpe Ratio (or Efficiency) of 0.24, which signifies that the company had a 0.24% return per unit of standard deviation over the last 3 months. We were able to analyze and collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.25% are justified by taking the suggested risk. Use Augusta Gold risk adjusted performance of 0.1789, and Mean Deviation of 3.87 to evaluate company specific risk that cannot be diversified away. Augusta Gold holds a performance score of 19 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.2, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Augusta Gold are expected to decrease at a much lower rate. During the bear market, Augusta Gold is likely to outperform the market. Use Augusta Gold downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to analyze future returns on Augusta Gold.
Auto-correlation | 0.31 |
Below average predictability
Augusta Gold Corp has below average predictability. Overlapping area represents the amount of predictability between Augusta Gold time series from 17th of December 2023 to 14th of June 2024 and 14th of June 2024 to 11th 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 Augusta Gold Corp price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current Augusta Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.31 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Augusta Gold Corp lagged returns against current returns
Autocorrelation, which is Augusta Gold 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 Augusta Gold's otc stock expected returns. We can calculate the autocorrelation of Augusta Gold returns to help us make a trade decision. For example, suppose you find that Augusta Gold 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 |
Augusta 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 Augusta Gold otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Augusta Gold otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Augusta Gold otc stock over time.
Current vs Lagged Prices |
| Timeline |
Augusta Gold Lagged Returns
When evaluating Augusta Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Augusta Gold otc stock have on its future price. Augusta 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, Augusta Gold autocorrelation shows the relationship between Augusta Gold otc stock current value and its past values and can show if there is a momentum factor associated with investing in Augusta Gold Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Augusta OTC Stock
Augusta Gold financial ratios help investors to determine whether Augusta 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 Augusta with respect to the benefits of owning Augusta Gold security.