Troilus Gold Corp Stock Market Value
| CHXMF Stock | USD 0.25 0.02 8.70% |
| Symbol | Troilus |
Troilus 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 Troilus 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 Troilus Gold.
| 06/14/2024 |
| 12/11/2024 |
If you would invest 0.00 in Troilus Gold on June 14, 2024 and sell it all today you would earn a total of 0.00 from holding Troilus Gold Corp or generate 0.0% return on investment in Troilus Gold over 180 days. Troilus Gold is related to or competes with Atlas Corp, PureCycle Technologies, and GCM Grosvenor. Troilus Gold Corp. operates as an advanced stage exploration and early-development company in Canada More
Troilus 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 Troilus 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 Troilus Gold Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.23 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 25.22 | |||
| Value At Risk | (8.00) | |||
| Potential Upside | 8.7 |
Troilus Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Troilus Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Troilus Gold's standard deviation. In reality, there are many statistical measures that can use Troilus Gold historical prices to predict the future Troilus Gold's volatility.| Risk Adjusted Performance | 0.0118 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.84) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0305 |
Troilus Gold Corp Backtested Returns
Troilus Gold Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0177, which indicates the firm had a -0.0177% return per unit of risk over the last 3 months. Troilus Gold Corp exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Troilus Gold's Semi Deviation of 3.87, coefficient of variation of 23199.8, and Risk Adjusted Performance of 0.0118 to confirm the risk estimate we provide. The entity has a beta of 0.44, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Troilus Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Troilus Gold is expected to be smaller as well. At this point, Troilus Gold Corp has a negative expected return of -0.0956%. Please make sure to validate Troilus Gold's sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change , to decide if Troilus Gold Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.4 |
Poor reverse predictability
Troilus Gold Corp has poor reverse predictability. Overlapping area represents the amount of predictability between Troilus Gold time series from 14th of June 2024 to 12th of September 2024 and 12th of September 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 Troilus Gold Corp price movement. The serial correlation of -0.4 indicates that just about 40.0% of current Troilus Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.4 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Troilus Gold Corp lagged returns against current returns
Autocorrelation, which is Troilus 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 Troilus Gold's otc stock expected returns. We can calculate the autocorrelation of Troilus Gold returns to help us make a trade decision. For example, suppose you find that Troilus 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 |
Troilus 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 Troilus Gold otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Troilus 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 Troilus Gold otc stock over time.
Current vs Lagged Prices |
| Timeline |
Troilus Gold Lagged Returns
When evaluating Troilus Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Troilus Gold otc stock have on its future price. Troilus 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, Troilus Gold autocorrelation shows the relationship between Troilus Gold otc stock current value and its past values and can show if there is a momentum factor associated with investing in Troilus Gold Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Troilus OTC Stock
Troilus Gold financial ratios help investors to determine whether Troilus 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 Troilus with respect to the benefits of owning Troilus Gold security.