Nevada King Gold Stock Market Value
| NKGFF Stock | USD 0.19 0.03 18.75% |
| Symbol | Nevada |
Nevada King '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 Nevada King'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 Nevada King.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Nevada King on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Nevada King Gold or generate 0.0% return on investment in Nevada King over 90 days. Nevada King is related to or competes with Prime Mining, Aftermath Silver, StrikePoint Gold, O3 Mining, Silver Dollar, and Magna Mining. Nevada King Gold Corp engages in the acquisition, exploration, and evaluation of resource properties in Nevada More
Nevada King 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 Nevada King'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 Nevada King Gold upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.53 | |||
| Information Ratio | 0.0327 | |||
| Maximum Drawdown | 22.88 | |||
| Value At Risk | (10.00) | |||
| Potential Upside | 6.67 |
Nevada King Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nevada King's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nevada King's standard deviation. In reality, there are many statistical measures that can use Nevada King historical prices to predict the future Nevada King's volatility.| Risk Adjusted Performance | 0.0224 | |||
| Jensen Alpha | 0.1555 | |||
| Total Risk Alpha | 0.822 | |||
| Sortino Ratio | 0.0256 | |||
| Treynor Ratio | 0.1277 |
Nevada King Gold Backtested Returns
Nevada King appears to be out of control, given 3 months investment horizon. Nevada King Gold has Sharpe Ratio of 0.0437, which conveys that the firm had a 0.0437 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Nevada King, which you can use to evaluate the volatility of the firm. Please exercise Nevada King's Mean Deviation of 4.4, risk adjusted performance of 0.0224, and Downside Deviation of 7.53 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Nevada King holds a performance score of 3. The company secures a Beta (Market Risk) of 0.66, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Nevada King's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nevada King is expected to be smaller as well. Please check Nevada King's kurtosis, market facilitation index, and the relationship between the semi variance and rate of daily change , to make a quick decision on whether Nevada King's current price movements will revert.
Auto-correlation | -0.51 |
Good reverse predictability
Nevada King Gold has good reverse predictability. Overlapping area represents the amount of predictability between Nevada King time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Nevada King Gold price movement. The serial correlation of -0.51 indicates that about 51.0% of current Nevada King price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Nevada King Gold lagged returns against current returns
Autocorrelation, which is Nevada King 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 Nevada King's otc stock expected returns. We can calculate the autocorrelation of Nevada King returns to help us make a trade decision. For example, suppose you find that Nevada King 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 |
Nevada King 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 Nevada King otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nevada King otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nevada King otc stock over time.
Current vs Lagged Prices |
| Timeline |
Nevada King Lagged Returns
When evaluating Nevada King's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nevada King otc stock have on its future price. Nevada King 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, Nevada King autocorrelation shows the relationship between Nevada King otc stock current value and its past values and can show if there is a momentum factor associated with investing in Nevada King Gold.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Nevada OTC Stock
Nevada King financial ratios help investors to determine whether Nevada 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 Nevada with respect to the benefits of owning Nevada King security.