China Gold International Stock Market Value
| JINFF Stock | USD 6.46 0.39 6.43% |
| Symbol | China |
China 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 China Gold'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 China Gold.
| 12/14/2024 |
| 03/14/2025 |
If you would invest 0.00 in China Gold on December 14, 2024 and sell it all today you would earn a total of 0.00 from holding China Gold International or generate 0.0% return on investment in China Gold over 90 days. China Gold is related to or competes with Endeavour Silver, Metalla Royalty, New Pacific, and Hecla Mining. Ltd., a gold and base metal mining company, acquires, explores for, develops, and mines mineral properties in the People... More
China 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 China Gold'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 China Gold International upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.21 | |||
| Information Ratio | 0.2035 | |||
| Maximum Drawdown | 13.62 | |||
| Value At Risk | (5.51) | |||
| Potential Upside | 6.43 |
China Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for China Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as China Gold's standard deviation. In reality, there are many statistical measures that can use China Gold historical prices to predict the future China Gold's volatility.| Risk Adjusted Performance | 0.142 | |||
| Jensen Alpha | 0.4138 | |||
| Total Risk Alpha | 0.8792 | |||
| Sortino Ratio | 0.1792 | |||
| Treynor Ratio | (1.64) |
China Gold International Backtested Returns
China Gold appears to be slightly risky, given 3 months investment horizon. China Gold International secures Sharpe Ratio (or Efficiency) of 0.2, which signifies that the company had a 0.2 % return per unit of risk over the last 3 months. By analyzing China Gold's technical indicators, you can evaluate if the expected return of 0.58% is justified by implied risk. Please makes use of China Gold's Mean Deviation of 1.76, risk adjusted performance of 0.142, and Downside Deviation of 3.21 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, China Gold holds a performance score of 16. The firm shows a Beta (market volatility) of -0.27, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning China Gold are expected to decrease at a much lower rate. During the bear market, China Gold is likely to outperform the market. Please check China Gold's jensen alpha, potential upside, accumulation distribution, as well as the relationship between the treynor ratio and expected short fall , to make a quick decision on whether China Gold's price patterns will revert.
Auto-correlation | -0.19 |
Insignificant reverse predictability
China Gold International has insignificant reverse predictability. Overlapping area represents the amount of predictability between China Gold time series from 14th of December 2024 to 28th of January 2025 and 28th of January 2025 to 14th of March 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 China Gold International price movement. The serial correlation of -0.19 indicates that over 19.0% of current China Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
China Gold International lagged returns against current returns
Autocorrelation, which is China Gold 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 China Gold's pink sheet expected returns. We can calculate the autocorrelation of China Gold returns to help us make a trade decision. For example, suppose you find that China Gold 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 |
China 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 China Gold pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if China Gold pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in China Gold pink sheet over time.
Current vs Lagged Prices |
| Timeline |
China Gold Lagged Returns
When evaluating China Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of China Gold pink sheet have on its future price. China 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, China Gold autocorrelation shows the relationship between China Gold pink sheet current value and its past values and can show if there is a momentum factor associated with investing in China Gold International.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in China Pink Sheet
China Gold financial ratios help investors to determine whether China 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 China with respect to the benefits of owning China Gold security.