Golden Minerals Stock Market Value
| AUMN Stock | USD 0.27 0.01 3.57% |
| Symbol | Golden |
Golden Minerals Price To Book Ratio
Is Precious Metals & Minerals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Golden Minerals. If investors know Golden will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Golden Minerals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.52) | Revenue Per Share 0.23 | Quarterly Revenue Growth (0.94) | Return On Assets (0.44) | Return On Equity (4.95) |
The market value of Golden Minerals is measured differently than its book value, which is the value of Golden that is recorded on the company's balance sheet. Investors also form their own opinion of Golden Minerals' value that differs from its market value or its book value, called intrinsic value, which is Golden Minerals' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Golden Minerals' market value can be influenced by many factors that don't directly affect Golden Minerals' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Golden Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Minerals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Golden Minerals '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 Golden Minerals' 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 Golden Minerals.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Golden Minerals on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Golden Minerals or generate 0.0% return on investment in Golden Minerals over 720 days. Golden Minerals is related to or competes with Summa Silver, GoGold Resources, Scottie Resources, Endeavour Silver, SilverCrest Metals, Hecla Mining, and Platinum Group. Golden Minerals Company, a precious metals exploration company, mines, constructs, and explores for mineral properties c... More
Golden Minerals 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 Golden Minerals' 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 Golden Minerals upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 27.23 | |||
| Value At Risk | (7.69) | |||
| Potential Upside | 12.0 |
Golden Minerals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Golden Minerals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Golden Minerals' standard deviation. In reality, there are many statistical measures that can use Golden Minerals historical prices to predict the future Golden Minerals' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (1.01) | |||
| Treynor Ratio | (0.21) |
Golden Minerals Backtested Returns
Golden Minerals holds Efficiency (Sharpe) Ratio of -0.0193, which attests that the entity had a -0.0193% return per unit of risk over the last 3 months. Golden Minerals exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Golden Minerals' Risk Adjusted Performance of (0.01), market risk adjusted performance of (0.20), and Standard Deviation of 5.68 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.74, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Golden Minerals' returns are expected to increase less than the market. However, during the bear market, the loss of holding Golden Minerals is expected to be smaller as well. At this point, Golden Minerals has a negative expected return of -0.11%. Please make sure to check out Golden Minerals' value at risk, as well as the relationship between the daily balance of power and price action indicator , to decide if Golden Minerals performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.65 |
Good predictability
Golden Minerals has good predictability. Overlapping area represents the amount of predictability between Golden Minerals time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th of November 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 Golden Minerals price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current Golden Minerals price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Golden Minerals lagged returns against current returns
Autocorrelation, which is Golden Minerals 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 Golden Minerals' stock expected returns. We can calculate the autocorrelation of Golden Minerals returns to help us make a trade decision. For example, suppose you find that Golden Minerals 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 |
Golden Minerals 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 Golden Minerals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Golden Minerals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Golden Minerals stock over time.
Current vs Lagged Prices |
| Timeline |
Golden Minerals Lagged Returns
When evaluating Golden Minerals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Golden Minerals stock have on its future price. Golden Minerals 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, Golden Minerals autocorrelation shows the relationship between Golden Minerals stock current value and its past values and can show if there is a momentum factor associated with investing in Golden Minerals.
Regressed Prices |
| Timeline |
When determining whether Golden Minerals offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Golden Minerals' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Golden Minerals Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Golden Minerals Stock:
Check out Golden Minerals Correlation, Golden Minerals Volatility and Golden Minerals Alpha and Beta module to complement your research on Golden Minerals. To learn how to invest in Golden Stock, please use our How to Invest in Golden Minerals guide.You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Golden Minerals technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.