Klondike Gold Corp Stock Market Value
| KDKGF Stock | USD 0.05 0 4.40% |
| Symbol | Klondike |
Klondike 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 Klondike Gold's otc 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 Klondike Gold.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Klondike Gold on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Klondike Gold Corp or generate 0.0% return on investment in Klondike Gold over 90 days. Klondike Gold is related to or competes with Grande Portage, DRDGOLD Limited, Gold Resource, SSR Mining, and Cabral Gold. Klondike Gold Corp., a resource exploration company, engages in the acquisition, exploration, and development of mineral... More
Klondike 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 Klondike Gold's otc 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 Klondike Gold Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 15.28 | |||
| Information Ratio | 0.0921 | |||
| Maximum Drawdown | 45.0 | |||
| Value At Risk | (16.67) | |||
| Potential Upside | 25.0 |
Klondike Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Klondike Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Klondike Gold's standard deviation. In reality, there are many statistical measures that can use Klondike Gold historical prices to predict the future Klondike Gold's volatility.| Risk Adjusted Performance | 0.0795 | |||
| Jensen Alpha | 0.6021 | |||
| Total Risk Alpha | 1.81 | |||
| Sortino Ratio | 0.0534 | |||
| Treynor Ratio | (0.74) |
Klondike Gold Corp Backtested Returns
Klondike Gold appears to be out of control, given 3 months investment horizon. Klondike Gold Corp has Sharpe Ratio of 0.0809, which conveys that the firm had a 0.0809 % return per unit of risk over the last 3 months. By analyzing Klondike Gold's technical indicators, you can evaluate if the expected return of 0.72% is justified by implied risk. Please exercise Klondike Gold's Downside Deviation of 15.28, risk adjusted performance of 0.0795, and Mean Deviation of 4.45 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Klondike Gold holds a performance score of 6. The company secures a Beta (Market Risk) of -0.96, which conveys possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Klondike Gold are expected to decrease slowly. On the other hand, during market turmoil, Klondike Gold is expected to outperform it slightly. Please check Klondike Gold's semi variance, day median price, and the relationship between the value at risk and kurtosis , to make a quick decision on whether Klondike Gold's current price movements will revert.
Auto-correlation | 0.34 |
Below average predictability
Klondike Gold Corp has below average predictability. Overlapping area represents the amount of predictability between Klondike Gold time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Klondike Gold Corp price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Klondike Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Klondike Gold Corp lagged returns against current returns
Autocorrelation, which is Klondike Gold otc 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 Klondike Gold's otc stock expected returns. We can calculate the autocorrelation of Klondike Gold returns to help us make a trade decision. For example, suppose you find that Klondike Gold has exhibited high autocorrelation historically, and you observe that the otc 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 |
Klondike 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 Klondike Gold otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Klondike Gold otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Klondike Gold otc stock over time.
Current vs Lagged Prices |
| Timeline |
Klondike Gold Lagged Returns
When evaluating Klondike Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Klondike Gold otc stock have on its future price. Klondike 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, Klondike Gold autocorrelation shows the relationship between Klondike Gold otc stock current value and its past values and can show if there is a momentum factor associated with investing in Klondike Gold Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Klondike OTC Stock
Klondike Gold financial ratios help investors to determine whether Klondike OTC Stock 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 Klondike with respect to the benefits of owning Klondike Gold security.