Baru Gold Corp Stock Market Value
| BARU Stock | CAD 0.07 0.00 0.00% |
| Symbol | Baru |
Baru Gold Corp Price To Book Ratio
Baru 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 Baru Gold'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 Baru Gold.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in Baru Gold on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Baru Gold Corp or generate 0.0% return on investment in Baru Gold over 60 days. Baru Gold is related to or competes with Equity Metals, NV Gold, and Altamira Gold. Baru Gold Corp. operates as a mineral exploration company in Indonesia More
Baru 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 Baru Gold'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 Baru Gold Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 28.51 | |||
| Information Ratio | 0.1871 | |||
| Maximum Drawdown | 83.33 | |||
| Value At Risk | (22.22) | |||
| Potential Upside | 50.0 |
Baru Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Baru Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Baru Gold's standard deviation. In reality, there are many statistical measures that can use Baru Gold historical prices to predict the future Baru Gold's volatility.| Risk Adjusted Performance | 0.1623 | |||
| Jensen Alpha | 3.28 | |||
| Total Risk Alpha | 3.02 | |||
| Sortino Ratio | 0.115 | |||
| Treynor Ratio | 4.53 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Baru 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.
Baru Gold Corp Backtested Returns
Baru Gold is out of control given 3 months investment horizon. Baru Gold Corp secures Sharpe Ratio (or Efficiency) of 0.2, which signifies that the company had a 0.2% return per unit of risk over the last 3 months. We were able to interpolate data for twenty-four different technical indicators, which can help you to evaluate if expected returns of 3.63% are justified by taking the suggested risk. Use Baru Gold Downside Deviation of 28.51, mean deviation of 10.86, and Risk Adjusted Performance of 0.1623 to evaluate company specific risk that cannot be diversified away. Baru Gold holds a performance score of 15 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.73, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Baru Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Baru Gold is expected to be smaller as well. Use Baru Gold jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to analyze future returns on Baru Gold.
Auto-correlation | -0.39 |
Poor reverse predictability
Baru Gold Corp has poor reverse predictability. Overlapping area represents the amount of predictability between Baru Gold time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th of January 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 Baru Gold Corp price movement. The serial correlation of -0.39 indicates that just about 39.0% of current Baru Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.39 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Baru Gold Corp lagged returns against current returns
Autocorrelation, which is Baru Gold 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 Baru Gold's stock expected returns. We can calculate the autocorrelation of Baru Gold returns to help us make a trade decision. For example, suppose you find that Baru Gold 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 |
Baru 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 Baru Gold stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Baru Gold stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Baru Gold stock over time.
Current vs Lagged Prices |
| Timeline |
Baru Gold Lagged Returns
When evaluating Baru Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Baru Gold stock have on its future price. Baru 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, Baru Gold autocorrelation shows the relationship between Baru Gold stock current value and its past values and can show if there is a momentum factor associated with investing in Baru Gold Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Baru Stock Analysis
When running Baru Gold's price analysis, check to measure Baru Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Baru Gold is operating at the current time. Most of Baru Gold's value examination focuses on studying past and present price action to predict the probability of Baru Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Baru Gold's price. Additionally, you may evaluate how the addition of Baru Gold to your portfolios can decrease your overall portfolio volatility.