Hawkeye Gold And Stock Market Value
| HAWK Stock | CAD 0.05 0.01 25.00% |
| Symbol | Hawkeye |
Hawkeye Gold '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 Hawkeye Gold's 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 Hawkeye Gold.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Hawkeye Gold on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Hawkeye Gold and or generate 0.0% return on investment in Hawkeye Gold over 720 days. Hawkeye Gold is related to or competes with Nicola Mining, Mako Mining, North American, Everyday People, Canso Credit, and Financial. Hawkeye Gold Diamond Inc., an exploration stage company, engages in the acquisition of, exploration for, and development... More
Hawkeye Gold 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 Hawkeye Gold's 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 Hawkeye Gold and upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0677 | |||
| Maximum Drawdown | 58.33 | |||
| Value At Risk | (16.67) | |||
| Potential Upside | 25.0 |
Hawkeye Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hawkeye Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hawkeye Gold's standard deviation. In reality, there are many statistical measures that can use Hawkeye Gold historical prices to predict the future Hawkeye Gold's volatility.| Risk Adjusted Performance | 0.0724 | |||
| Jensen Alpha | 0.5445 | |||
| Total Risk Alpha | (0.78) | |||
| Treynor Ratio | 0.4698 |
Hawkeye Gold Backtested Returns
Hawkeye Gold appears to be out of control, given 3 months investment horizon. Hawkeye Gold holds Efficiency (Sharpe) Ratio of 0.0448, which attests that the entity had a 0.0448% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Hawkeye Gold, which you can use to evaluate the volatility of the firm. Please utilize Hawkeye Gold's Market Risk Adjusted Performance of 0.4798, standard deviation of 9.16, and Risk Adjusted Performance of 0.0724 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Hawkeye Gold holds a performance score of 3. The company retains a Market Volatility (i.e., Beta) of 1.59, 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, Hawkeye Gold will likely underperform. Please check Hawkeye Gold's potential upside, kurtosis, daily balance of power, as well as the relationship between the skewness and accumulation distribution , to make a quick decision on whether Hawkeye Gold's current trending patterns will revert.
Auto-correlation | 0.04 |
Virtually no predictability
Hawkeye Gold and has virtually no predictability. Overlapping area represents the amount of predictability between Hawkeye Gold 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 Hawkeye Gold price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current Hawkeye Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | 0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Hawkeye Gold lagged returns against current returns
Autocorrelation, which is Hawkeye Gold 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 Hawkeye Gold's stock expected returns. We can calculate the autocorrelation of Hawkeye Gold returns to help us make a trade decision. For example, suppose you find that Hawkeye Gold has exhibited high autocorrelation historically, and you observe that the 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 |
Hawkeye Gold 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 Hawkeye Gold stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hawkeye Gold stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hawkeye Gold stock over time.
Current vs Lagged Prices |
| Timeline |
Hawkeye Gold Lagged Returns
When evaluating Hawkeye Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hawkeye Gold stock have on its future price. Hawkeye Gold 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, Hawkeye Gold autocorrelation shows the relationship between Hawkeye Gold stock current value and its past values and can show if there is a momentum factor associated with investing in Hawkeye Gold and.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Hawkeye Stock Analysis
When running Hawkeye Gold's price analysis, check to measure Hawkeye Gold'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 Hawkeye Gold is operating at the current time. Most of Hawkeye Gold's value examination focuses on studying past and present price action to predict the probability of Hawkeye Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hawkeye Gold's price. Additionally, you may evaluate how the addition of Hawkeye Gold to your portfolios can decrease your overall portfolio volatility.