St James Gold Stock Market Value
| LRDJF Stock | USD 0.07 0 1.32% |
| Symbol | LRDJF |
St James '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 St James' 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 St James.
| 11/22/2024 |
| 12/22/2024 |
If you would invest 0.00 in St James on November 22, 2024 and sell it all today you would earn a total of 0.00 from holding St James Gold or generate 0.0% return on investment in St James over 30 days. St James is related to or competes with Lion One, Satori Resources, Wesdome Gold, Gold Reserve, Osisko Gold, and I 80. James Gold Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral reso... More
St James 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 St James' 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 St James Gold upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 18.79 | |||
| Information Ratio | 0.0596 | |||
| Maximum Drawdown | 103.05 | |||
| Value At Risk | (11.25) | |||
| Potential Upside | 23.93 |
St James Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for St James' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as St James' standard deviation. In reality, there are many statistical measures that can use St James historical prices to predict the future St James' volatility.| Risk Adjusted Performance | 0.0586 | |||
| Jensen Alpha | 0.7932 | |||
| Total Risk Alpha | 0.4171 | |||
| Sortino Ratio | 0.0396 | |||
| Treynor Ratio | (0.64) |
St James Gold Backtested Returns
St James appears to be out of control, given 3 months investment horizon. St James Gold retains Efficiency (Sharpe Ratio) of 0.0627, which indicates the firm had a 0.0627% return per unit of price deviation over the last 3 months. By inspecting St James' technical indicators, you can evaluate if the expected return of 0.79% is justified by implied risk. Please review St James' Downside Deviation of 18.79, risk adjusted performance of 0.0586, and Mean Deviation of 4.97 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, St James holds a performance score of 4. The entity owns a Beta (Systematic Risk) of -1.19, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning St James are expected to decrease by larger amounts. On the other hand, during market turmoil, St James is expected to outperform it. Please check St James' treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to make a quick decision on whether St James' current price history will revert.
Auto-correlation | 0.13 |
Insignificant predictability
St James Gold has insignificant predictability. Overlapping area represents the amount of predictability between St James time series from 22nd of November 2024 to 7th of December 2024 and 7th of December 2024 to 22nd 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 St James Gold price movement. The serial correlation of 0.13 indicates that less than 13.0% of current St James price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
St James Gold lagged returns against current returns
Autocorrelation, which is St James 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 St James' otc stock expected returns. We can calculate the autocorrelation of St James returns to help us make a trade decision. For example, suppose you find that St James 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 |
St James 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 St James otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if St James otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in St James otc stock over time.
Current vs Lagged Prices |
| Timeline |
St James Lagged Returns
When evaluating St James' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of St James otc stock have on its future price. St James 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, St James autocorrelation shows the relationship between St James otc stock current value and its past values and can show if there is a momentum factor associated with investing in St James Gold.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in LRDJF OTC Stock
St James financial ratios help investors to determine whether LRDJF 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 LRDJF with respect to the benefits of owning St James security.