Gold River Prods Stock Market Value
| GRPS Stock | USD 0.0002 0.0001 33.33% |
| Symbol | Gold |
Gold River '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 Gold River'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 Gold River.
| 02/02/2023 |
| 01/22/2025 |
If you would invest 0.00 in Gold River on February 2, 2023 and sell it all today you would earn a total of 0.00 from holding Gold River Prods or generate 0.0% return on investment in Gold River over 720 days. Gold River Productions, Inc. manufactures and sells plastic composite products in the United States More
Gold River 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 Gold River'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 Gold River Prods upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 28.65 | |||
| Information Ratio | 0.0338 | |||
| Maximum Drawdown | 83.33 | |||
| Value At Risk | (33.33) | |||
| Potential Upside | 50.0 |
Gold River Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gold River's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gold River's standard deviation. In reality, there are many statistical measures that can use Gold River historical prices to predict the future Gold River's volatility.| Risk Adjusted Performance | 0.0397 | |||
| Jensen Alpha | 0.6674 | |||
| Total Risk Alpha | 0.0723 | |||
| Sortino Ratio | 0.0225 | |||
| Treynor Ratio | 4.07 |
Gold River Prods Backtested Returns
Gold River appears to be out of control, given 3 months investment horizon. Gold River Prods holds Efficiency (Sharpe) Ratio of 0.0334, which attests that the entity had a 0.0334 % return per unit of risk over the last 3 months. By evaluating Gold River's technical indicators, you can evaluate if the expected return of 0.65% is justified by implied risk. Please utilize Gold River's Downside Deviation of 28.65, risk adjusted performance of 0.0397, and Market Risk Adjusted Performance of 4.08 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Gold River holds a performance score of 2. The company retains a Market Volatility (i.e., Beta) of 0.17, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Gold River's returns are expected to increase less than the market. However, during the bear market, the loss of holding Gold River is expected to be smaller as well. Please check Gold River's treynor ratio, as well as the relationship between the expected short fall and day typical price , to make a quick decision on whether Gold River's current trending patterns will revert.
Auto-correlation | 0.57 |
Modest predictability
Gold River Prods has modest predictability. Overlapping area represents the amount of predictability between Gold River time series from 2nd of February 2023 to 28th of January 2024 and 28th of January 2024 to 22nd 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 Gold River Prods price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current Gold River price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | 0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Gold River Prods lagged returns against current returns
Autocorrelation, which is Gold River 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 Gold River's pink sheet expected returns. We can calculate the autocorrelation of Gold River returns to help us make a trade decision. For example, suppose you find that Gold River 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 |
Gold River 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 Gold River pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gold River pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gold River pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Gold River Lagged Returns
When evaluating Gold River's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gold River pink sheet have on its future price. Gold River 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, Gold River autocorrelation shows the relationship between Gold River pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Gold River Prods.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Gold Pink Sheet Analysis
When running Gold River's price analysis, check to measure Gold River'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 Gold River is operating at the current time. Most of Gold River's value examination focuses on studying past and present price action to predict the probability of Gold River's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gold River's price. Additionally, you may evaluate how the addition of Gold River to your portfolios can decrease your overall portfolio volatility.