Green Technology Metals Stock Market Value
| GTMLF Stock | 0.05 0.00 0.00% |
| Symbol | Green |
Green Technology '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 Green Technology'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 Green Technology.
| 05/06/2024 |
| 12/02/2024 |
If you would invest 0.00 in Green Technology on May 6, 2024 and sell it all today you would earn a total of 0.00 from holding Green Technology Metals or generate 0.0% return on investment in Green Technology over 210 days. Green Technology is related to or competes with IGO, and Adriatic Metals. More
Green Technology 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 Green Technology'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 Green Technology Metals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 23.04 | |||
| Information Ratio | 0.0715 | |||
| Maximum Drawdown | 304.83 | |||
| Value At Risk | (10.33) |
Green Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Green Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Green Technology's standard deviation. In reality, there are many statistical measures that can use Green Technology historical prices to predict the future Green Technology's volatility.| Risk Adjusted Performance | 0.0677 | |||
| Jensen Alpha | 1.97 | |||
| Total Risk Alpha | (2.89) | |||
| Sortino Ratio | 0.098 | |||
| Treynor Ratio | 0.7317 |
Green Technology Metals Backtested Returns
Green Technology is out of control given 3 months investment horizon. Green Technology Metals holds Efficiency (Sharpe) Ratio of 0.0764, which attests that the entity had a 0.0764% return per unit of risk over the last 3 months. We were able to break down and interpolate twenty-three different technical indicators, which can help you to evaluate if expected returns of 2.43% are justified by taking the suggested risk. Use Green Technology Metals Market Risk Adjusted Performance of 0.7417, risk adjusted performance of 0.0677, and Downside Deviation of 23.04 to evaluate company specific risk that cannot be diversified away. Green Technology holds a performance score of 6 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 3.26, 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, Green Technology will likely underperform. Use Green Technology Metals information ratio and the relationship between the treynor ratio and rate of daily change , to analyze future returns on Green Technology Metals.
Auto-correlation | 0.20 |
Weak predictability
Green Technology Metals has weak predictability. Overlapping area represents the amount of predictability between Green Technology time series from 6th of May 2024 to 19th of August 2024 and 19th of August 2024 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 Green Technology Metals price movement. The serial correlation of 0.2 indicates that over 20.0% of current Green Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.2 | |
| Spearman Rank Test | -0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Green Technology Metals lagged returns against current returns
Autocorrelation, which is Green Technology 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 Green Technology's pink sheet expected returns. We can calculate the autocorrelation of Green Technology returns to help us make a trade decision. For example, suppose you find that Green Technology 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 |
Green Technology 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 Green Technology pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Green Technology pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Green Technology pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Green Technology Lagged Returns
When evaluating Green Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Green Technology pink sheet have on its future price. Green Technology 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, Green Technology autocorrelation shows the relationship between Green Technology pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Green Technology Metals.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Green Pink Sheet
Green Technology financial ratios help investors to determine whether Green 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 Green with respect to the benefits of owning Green Technology security.