Lavras Gold Corp Stock Market Value
| LGCFF Stock | USD 1.66 0.00 0.00% |
| Symbol | Lavras |
Lavras 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 Lavras 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 Lavras Gold.
| 12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in Lavras Gold on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding Lavras Gold Corp or generate 0.0% return on investment in Lavras Gold over 720 days. Lavras Gold is related to or competes with Harmony Gold, SPACE, T Rowe, Ampleforth, Ionet, SEI Investments, and Embecta Corp. Lavras Gold Corp. operates as a junior exploration company in Canada More
Lavras 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 Lavras 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 Lavras Gold Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 20.68 | |||
| Value At Risk | (6.52) | |||
| Potential Upside | 6.04 |
Lavras Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lavras Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lavras Gold's standard deviation. In reality, there are many statistical measures that can use Lavras Gold historical prices to predict the future Lavras Gold's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.69) | |||
| Treynor Ratio | (0.17) |
Lavras Gold Corp Backtested Returns
Lavras Gold Corp has Sharpe Ratio of -0.0449, which conveys that the firm had a -0.0449% return per unit of risk over the last 3 months. Lavras Gold exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lavras Gold's Mean Deviation of 2.64, standard deviation of 3.85, and Risk Adjusted Performance of (0.01) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.71, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Lavras Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lavras Gold is expected to be smaller as well. At this point, Lavras Gold Corp has a negative expected return of -0.17%. Please make sure to verify Lavras Gold's jensen alpha, and the relationship between the standard deviation and potential upside , to decide if Lavras Gold Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.72 |
Good predictability
Lavras Gold Corp has good predictability. Overlapping area represents the amount of predictability between Lavras Gold time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 to 3rd 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 Lavras Gold Corp price movement. The serial correlation of 0.72 indicates that around 72.0% of current Lavras Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.72 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.19 |
Lavras Gold Corp lagged returns against current returns
Autocorrelation, which is Lavras 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 Lavras Gold's otc stock expected returns. We can calculate the autocorrelation of Lavras Gold returns to help us make a trade decision. For example, suppose you find that Lavras 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 |
Lavras 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 Lavras Gold otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lavras 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 Lavras Gold otc stock over time.
Current vs Lagged Prices |
| Timeline |
Lavras Gold Lagged Returns
When evaluating Lavras Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lavras Gold otc stock have on its future price. Lavras 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, Lavras Gold autocorrelation shows the relationship between Lavras Gold otc stock current value and its past values and can show if there is a momentum factor associated with investing in Lavras Gold Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Lavras OTC Stock
Lavras Gold financial ratios help investors to determine whether Lavras 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 Lavras with respect to the benefits of owning Lavras Gold security.