Greenvale Mining Limited Stock Market Value
| GVLMF Stock | USD 0.05 0.00 0.00% |
| Symbol | Greenvale |
Greenvale Mining '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 Greenvale Mining'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 Greenvale Mining.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in Greenvale Mining on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Greenvale Mining Limited or generate 0.0% return on investment in Greenvale Mining over 60 days. Greenvale Mining is related to or competes with Pinterest, Consol Energy, Cheche Group, Getty Images, Summit Materials, ServiceNow, and SmartStop Self. Greenvale Mining Limited engages in the development and exploration of mineral properties in Australia More
Greenvale Mining 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 Greenvale Mining'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 Greenvale Mining Limited upside and downside potential and time the market with a certain degree of confidence.
Greenvale Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Greenvale Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Greenvale Mining's standard deviation. In reality, there are many statistical measures that can use Greenvale Mining historical prices to predict the future Greenvale Mining's volatility.Greenvale Mining Backtested Returns
We have found three technical indicators for Greenvale Mining, 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 Greenvale Mining are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
Greenvale Mining Limited has perfect predictability. Overlapping area represents the amount of predictability between Greenvale Mining time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th 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 Greenvale Mining price movement. The serial correlation of 1.0 indicates that 100.0% of current Greenvale Mining price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Greenvale Mining lagged returns against current returns
Autocorrelation, which is Greenvale Mining 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 Greenvale Mining's pink sheet expected returns. We can calculate the autocorrelation of Greenvale Mining returns to help us make a trade decision. For example, suppose you find that Greenvale Mining 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 |
Greenvale Mining 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 Greenvale Mining pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Greenvale Mining pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Greenvale Mining pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Greenvale Mining Lagged Returns
When evaluating Greenvale Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Greenvale Mining pink sheet have on its future price. Greenvale Mining 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, Greenvale Mining autocorrelation shows the relationship between Greenvale Mining pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Greenvale Mining Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Greenvale Pink Sheet
Greenvale Mining financial ratios help investors to determine whether Greenvale 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 Greenvale with respect to the benefits of owning Greenvale Mining security.