Giyani Metals Corp Stock Market Value
| CATPF Stock | USD 0.07 0 2.14% |
| Symbol | Giyani |
Giyani Metals '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 Giyani Metals' 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 Giyani Metals.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Giyani Metals on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Giyani Metals Corp or generate 0.0% return on investment in Giyani Metals over 180 days. Giyani Metals is related to or competes with South32, NioCorp Developments, HUMANA, SCOR PK, Ab Pennsylvania, Small Cap, and Thrivent High. Giyani Metals Corp. engages in the exploration, evaluation, and development of manganese mining projects in Botswana, Af... More
Giyani Metals 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 Giyani Metals' 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 Giyani Metals Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 17.58 | |||
| Information Ratio | 0.0581 | |||
| Maximum Drawdown | 85.0 | |||
| Value At Risk | (14.29) | |||
| Potential Upside | 16.67 |
Giyani Metals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Giyani Metals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Giyani Metals' standard deviation. In reality, there are many statistical measures that can use Giyani Metals historical prices to predict the future Giyani Metals' volatility.| Risk Adjusted Performance | 0.0634 | |||
| Jensen Alpha | 0.5933 | |||
| Total Risk Alpha | (1.05) | |||
| Sortino Ratio | 0.0358 | |||
| Treynor Ratio | 0.5911 |
Giyani Metals Corp Backtested Returns
Giyani Metals appears to be out of control, given 3 months investment horizon. Giyani Metals Corp holds Efficiency (Sharpe) Ratio of 0.0725, which attests that the entity had a 0.0725% return per unit of risk over the last 3 months. By evaluating Giyani Metals' technical indicators, you can evaluate if the expected return of 0.8% is justified by implied risk. Please utilize Giyani Metals' Market Risk Adjusted Performance of 0.6011, risk adjusted performance of 0.0634, and Downside Deviation of 17.58 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Giyani Metals holds a performance score of 5. The company retains a Market Volatility (i.e., Beta) of 1.28, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Giyani Metals will likely underperform. Please check Giyani Metals' potential upside and the relationship between the skewness and relative strength index , to make a quick decision on whether Giyani Metals' current trending patterns will revert.
Auto-correlation | 0.14 |
Insignificant predictability
Giyani Metals Corp has insignificant predictability. Overlapping area represents the amount of predictability between Giyani Metals time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th 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 Giyani Metals Corp price movement. The serial correlation of 0.14 indicates that less than 14.0% of current Giyani Metals price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.14 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Giyani Metals Corp lagged returns against current returns
Autocorrelation, which is Giyani Metals 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 Giyani Metals' pink sheet expected returns. We can calculate the autocorrelation of Giyani Metals returns to help us make a trade decision. For example, suppose you find that Giyani Metals 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 |
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Giyani Metals 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 Giyani Metals pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Giyani Metals pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Giyani Metals pink sheet over time.
Current vs Lagged Prices |
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Giyani Metals Lagged Returns
When evaluating Giyani Metals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Giyani Metals pink sheet have on its future price. Giyani Metals 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, Giyani Metals autocorrelation shows the relationship between Giyani Metals pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Giyani Metals Corp.
Regressed Prices |
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Currently Active Assets on Macroaxis
Other Information on Investing in Giyani Pink Sheet
Giyani Metals financial ratios help investors to determine whether Giyani 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 Giyani with respect to the benefits of owning Giyani Metals security.