Glen Eagle Resources Stock Market Value
| GERFF Stock | USD 0 0.00 0.00% |
| Symbol | Glen |
Glen Eagle '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 Glen Eagle's 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 Glen Eagle.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Glen Eagle on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Glen Eagle Resources or generate 0.0% return on investment in Glen Eagle over 720 days. Glen Eagle is related to or competes with IGO, and Adriatic Metals. Glen Eagle Resources Inc. engages in the acquisition, exploration, development, and evaluation of mining properties More
Glen Eagle 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 Glen Eagle's 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 Glen Eagle Resources upside and downside potential and time the market with a certain degree of confidence.
Glen Eagle Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Glen Eagle's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Glen Eagle's standard deviation. In reality, there are many statistical measures that can use Glen Eagle historical prices to predict the future Glen Eagle's volatility.Glen Eagle Resources Backtested Returns
We have found three technical indicators for Glen Eagle Resources, which you can use to evaluate the volatility of the firm. The company retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and Glen Eagle are completely uncorrelated.
Auto-correlation | 0.07 |
Virtually no predictability
Glen Eagle Resources has virtually no predictability. Overlapping area represents the amount of predictability between Glen Eagle time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 Glen Eagle Resources price movement. The serial correlation of 0.07 indicates that barely 7.0% of current Glen Eagle price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.07 | |
| Spearman Rank Test | -0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Glen Eagle Resources lagged returns against current returns
Autocorrelation, which is Glen Eagle 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 Glen Eagle's pink sheet expected returns. We can calculate the autocorrelation of Glen Eagle returns to help us make a trade decision. For example, suppose you find that Glen Eagle 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 |
| Timeline |
Glen Eagle 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 Glen Eagle pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Glen Eagle pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Glen Eagle pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Glen Eagle Lagged Returns
When evaluating Glen Eagle's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Glen Eagle pink sheet have on its future price. Glen Eagle 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, Glen Eagle autocorrelation shows the relationship between Glen Eagle pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Glen Eagle Resources.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Glen Pink Sheet
Glen Eagle financial ratios help investors to determine whether Glen 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 Glen with respect to the benefits of owning Glen Eagle security.