Orezone Gold Corp Stock Market Value
| ORZCF Stock | USD 0.63 0.01 1.61% |
| Symbol | Orezone |
Orezone 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 Orezone 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 Orezone Gold.
| 12/25/2024 |
| 03/25/2025 |
If you would invest 0.00 in Orezone Gold on December 25, 2024 and sell it all today you would earn a total of 0.00 from holding Orezone Gold Corp or generate 0.0% return on investment in Orezone Gold over 90 days. Orezone Gold is related to or competes with Aurion Resources, Minera Alamos, Rio2, Norsemont Mining, Minaurum Gold, and Cerrado Gold. Orezone Gold Corporation engages in the exploration and development of gold properties More
Orezone 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 Orezone 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 Orezone Gold Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.33 | |||
| Information Ratio | 0.1519 | |||
| Maximum Drawdown | 24.57 | |||
| Value At Risk | (6.00) | |||
| Potential Upside | 6.9 |
Orezone Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Orezone Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Orezone Gold's standard deviation. In reality, there are many statistical measures that can use Orezone Gold historical prices to predict the future Orezone Gold's volatility.| Risk Adjusted Performance | 0.139 | |||
| Jensen Alpha | 0.6139 | |||
| Total Risk Alpha | 0.7466 | |||
| Sortino Ratio | 0.1427 | |||
| Treynor Ratio | 0.6646 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Orezone Gold's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Orezone Gold Corp Backtested Returns
Orezone Gold appears to be abnormally volatile, given 3 months investment horizon. Orezone Gold Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.18, which implies the firm had a 0.18 % return per unit of risk over the last 3 months. By analyzing Orezone Gold's technical indicators, you can evaluate if the expected return of 0.73% is justified by implied risk. Please evaluate Orezone Gold's Semi Deviation of 3.17, risk adjusted performance of 0.139, and Coefficient Of Variation of 687.81 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Orezone Gold holds a performance score of 14. The company holds a Beta of 0.88, which implies possible diversification benefits within a given portfolio. Orezone Gold returns are very sensitive to returns on the market. As the market goes up or down, Orezone Gold is expected to follow. Please check Orezone Gold's jensen alpha, semi variance, price action indicator, as well as the relationship between the maximum drawdown and daily balance of power , to make a quick decision on whether Orezone Gold's historical price patterns will revert.
Auto-correlation | 0.41 |
Average predictability
Orezone Gold Corp has average predictability. Overlapping area represents the amount of predictability between Orezone Gold time series from 25th of December 2024 to 8th of February 2025 and 8th of February 2025 to 25th 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 Orezone Gold Corp price movement. The serial correlation of 0.41 indicates that just about 41.0% of current Orezone Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.41 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Orezone Gold Corp lagged returns against current returns
Autocorrelation, which is Orezone 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 Orezone Gold's otc stock expected returns. We can calculate the autocorrelation of Orezone Gold returns to help us make a trade decision. For example, suppose you find that Orezone 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 |
Orezone 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 Orezone Gold otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Orezone 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 Orezone Gold otc stock over time.
Current vs Lagged Prices |
| Timeline |
Orezone Gold Lagged Returns
When evaluating Orezone Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Orezone Gold otc stock have on its future price. Orezone 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, Orezone Gold autocorrelation shows the relationship between Orezone Gold otc stock current value and its past values and can show if there is a momentum factor associated with investing in Orezone Gold Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Orezone OTC Stock
Orezone Gold financial ratios help investors to determine whether Orezone 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 Orezone with respect to the benefits of owning Orezone Gold security.