Kestrel Gold Stock Market Value
| KGC Stock | CAD 0.03 0.01 14.29% |
| Symbol | Kestrel |
Kestrel Gold Price To Book Ratio
Kestrel 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 Kestrel 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 Kestrel Gold.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in Kestrel Gold on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Kestrel Gold or generate 0.0% return on investment in Kestrel Gold over 60 days. Kestrel Gold is related to or competes with GMV Minerals, Altamira Gold, and Goliath Resources. Kestrel Gold Inc., an exploration stage company, engages in the acquisition, evaluation, and exploration of mineral prop... More
Kestrel 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 Kestrel 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 Kestrel Gold upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 15.98 | |||
| Information Ratio | 0.0789 | |||
| Maximum Drawdown | 85.0 | |||
| Value At Risk | (14.29) | |||
| Potential Upside | 16.67 |
Kestrel Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kestrel Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kestrel Gold's standard deviation. In reality, there are many statistical measures that can use Kestrel Gold historical prices to predict the future Kestrel Gold's volatility.| Risk Adjusted Performance | 0.0748 | |||
| Jensen Alpha | 1.06 | |||
| Total Risk Alpha | 0.8564 | |||
| Sortino Ratio | 0.0654 | |||
| Treynor Ratio | 20.54 |
Kestrel Gold Backtested Returns
Kestrel Gold has Sharpe Ratio of -0.0029, which conveys that the firm had a -0.0029% return per unit of risk over the last 3 months. Kestrel Gold exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kestrel Gold's Downside Deviation of 15.98, mean deviation of 8.47, and Risk Adjusted Performance of 0.0748 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.0515, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Kestrel Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kestrel Gold is expected to be smaller as well. At this point, Kestrel Gold has a negative expected return of -0.0326%. Please make sure to verify Kestrel Gold's value at risk and the relationship between the expected short fall and market facilitation index , to decide if Kestrel Gold performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.02 |
Very weak reverse predictability
Kestrel Gold has very weak reverse predictability. Overlapping area represents the amount of predictability between Kestrel Gold 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 Kestrel Gold price movement. The serial correlation of -0.02 indicates that only 2.0% of current Kestrel Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.02 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Kestrel Gold lagged returns against current returns
Autocorrelation, which is Kestrel 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 Kestrel Gold's stock expected returns. We can calculate the autocorrelation of Kestrel Gold returns to help us make a trade decision. For example, suppose you find that Kestrel 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 |
Kestrel 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 Kestrel Gold stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kestrel Gold stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kestrel Gold stock over time.
Current vs Lagged Prices |
| Timeline |
Kestrel Gold Lagged Returns
When evaluating Kestrel Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kestrel Gold stock have on its future price. Kestrel 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, Kestrel Gold autocorrelation shows the relationship between Kestrel Gold stock current value and its past values and can show if there is a momentum factor associated with investing in Kestrel Gold.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Kestrel Stock Analysis
When running Kestrel Gold's price analysis, check to measure Kestrel 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 Kestrel Gold is operating at the current time. Most of Kestrel Gold's value examination focuses on studying past and present price action to predict the probability of Kestrel 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 Kestrel Gold's price. Additionally, you may evaluate how the addition of Kestrel Gold to your portfolios can decrease your overall portfolio volatility.