Golden Arrow Resources Stock Market Value
| GARWF Stock | USD 0.04 0 6.00% |
| Symbol | Golden |
Golden Arrow '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 Arrow'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 Golden Arrow.
| 12/18/2024 |
| 03/18/2025 |
If you would invest 0.00 in Golden Arrow on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding Golden Arrow Resources or generate 0.0% return on investment in Golden Arrow over 90 days. Golden Arrow is related to or competes with Alpha Copper, Ardea Resources, and European Metals. Golden Arrow Resources Corporation, a natural resource company, engages in the identification, acquisition, exploration,... More
Golden Arrow 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 Arrow'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 Golden Arrow Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 21.53 | |||
| Information Ratio | 0.0911 | |||
| Maximum Drawdown | 58.33 | |||
| Value At Risk | (20.00) | |||
| Potential Upside | 33.33 |
Golden Arrow Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Golden Arrow's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Golden Arrow's standard deviation. In reality, there are many statistical measures that can use Golden Arrow historical prices to predict the future Golden Arrow's volatility.| Risk Adjusted Performance | 0.0804 | |||
| Jensen Alpha | 0.7536 | |||
| Total Risk Alpha | 2.19 | |||
| Sortino Ratio | 0.045 | |||
| Treynor Ratio | (0.88) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Golden Arrow'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.
Golden Arrow Resources Backtested Returns
Golden Arrow appears to be out of control, given 3 months investment horizon. Golden Arrow Resources holds Efficiency (Sharpe) Ratio of 0.0865, which attests that the entity had a 0.0865 % return per unit of risk over the last 3 months. By evaluating Golden Arrow's technical indicators, you can evaluate if the expected return of 0.97% is justified by implied risk. Please utilize Golden Arrow's Risk Adjusted Performance of 0.0804, market risk adjusted performance of (0.87), and Downside Deviation of 21.53 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Golden Arrow holds a performance score of 6. The company retains a Market Volatility (i.e., Beta) of -0.97, which attests to possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Golden Arrow are expected to decrease slowly. On the other hand, during market turmoil, Golden Arrow is expected to outperform it slightly. Please check Golden Arrow's sortino ratio and the relationship between the downside variance and price action indicator , to make a quick decision on whether Golden Arrow's current trending patterns will revert.
Auto-correlation | -0.3 |
Weak reverse predictability
Golden Arrow Resources has weak reverse predictability. Overlapping area represents the amount of predictability between Golden Arrow time series from 18th of December 2024 to 1st of February 2025 and 1st of February 2025 to 18th of March 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 Golden Arrow Resources price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current Golden Arrow price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Golden Arrow Resources lagged returns against current returns
Autocorrelation, which is Golden Arrow 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 Golden Arrow's otc stock expected returns. We can calculate the autocorrelation of Golden Arrow returns to help us make a trade decision. For example, suppose you find that Golden Arrow 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 |
Golden Arrow 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 Arrow otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Golden Arrow otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Golden Arrow otc stock over time.
Current vs Lagged Prices |
| Timeline |
Golden Arrow Lagged Returns
When evaluating Golden Arrow's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Golden Arrow otc stock have on its future price. Golden Arrow 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 Arrow autocorrelation shows the relationship between Golden Arrow otc stock current value and its past values and can show if there is a momentum factor associated with investing in Golden Arrow Resources.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Golden OTC Stock
Golden Arrow financial ratios help investors to determine whether Golden 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 Golden with respect to the benefits of owning Golden Arrow security.