Radius Gold Stock Market Value
| RDU Stock | CAD 0.14 0.02 16.67% |
| Symbol | Radius |
Radius Gold Price To Book Ratio
Radius 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 Radius 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 Radius Gold.
| 01/31/2025 |
| 03/02/2025 |
If you would invest 0.00 in Radius Gold on January 31, 2025 and sell it all today you would earn a total of 0.00 from holding Radius Gold or generate 0.0% return on investment in Radius Gold over 30 days. Radius Gold is related to or competes with Diamond Estates, Salesforce, Storage Vault, Sparx Technology, Renoworks Software, Bragg Gaming, and Goodfood Market. Radius Gold Inc. engages in the acquisition and exploration of mineral properties in Latin America More
Radius 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 Radius 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 Radius Gold upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 10.2 | |||
| Information Ratio | 0.1355 | |||
| Maximum Drawdown | 51.79 | |||
| Value At Risk | (12.50) | |||
| Potential Upside | 15.38 |
Radius Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Radius Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Radius Gold's standard deviation. In reality, there are many statistical measures that can use Radius Gold historical prices to predict the future Radius Gold's volatility.| Risk Adjusted Performance | 0.108 | |||
| Jensen Alpha | 1.28 | |||
| Total Risk Alpha | 1.53 | |||
| Sortino Ratio | 0.1235 | |||
| Treynor Ratio | 0.5898 |
Radius Gold Backtested Returns
Radius Gold is out of control given 3 months investment horizon. Radius Gold maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the firm had a 0.14 % return per unit of risk over the last 3 months. We were able to interpolate thirty different technical indicators, which can help you to evaluate if expected returns of 1.33% are justified by taking the suggested risk. Use Radius Gold Coefficient Of Variation of 745.47, semi deviation of 5.28, and Risk Adjusted Performance of 0.108 to evaluate company specific risk that cannot be diversified away. Radius Gold holds a performance score of 10 on a scale of zero to a hundred. The company holds a Beta of 2.1, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Radius Gold will likely underperform. Use Radius Gold semi variance, day typical price, and the relationship between the maximum drawdown and accumulation distribution , to analyze future returns on Radius Gold.
Auto-correlation | -0.41 |
Modest reverse predictability
Radius Gold has modest reverse predictability. Overlapping area represents the amount of predictability between Radius Gold time series from 31st of January 2025 to 15th of February 2025 and 15th of February 2025 to 2nd 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 Radius Gold price movement. The serial correlation of -0.41 indicates that just about 41.0% of current Radius Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.41 | |
| Spearman Rank Test | -0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Radius Gold lagged returns against current returns
Autocorrelation, which is Radius 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 Radius Gold's stock expected returns. We can calculate the autocorrelation of Radius Gold returns to help us make a trade decision. For example, suppose you find that Radius 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 |
Radius 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 Radius Gold stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Radius Gold stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Radius Gold stock over time.
Current vs Lagged Prices |
| Timeline |
Radius Gold Lagged Returns
When evaluating Radius Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Radius Gold stock have on its future price. Radius 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, Radius Gold autocorrelation shows the relationship between Radius Gold stock current value and its past values and can show if there is a momentum factor associated with investing in Radius Gold.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Radius Stock Analysis
When running Radius Gold's price analysis, check to measure Radius 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 Radius Gold is operating at the current time. Most of Radius Gold's value examination focuses on studying past and present price action to predict the probability of Radius 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 Radius Gold's price. Additionally, you may evaluate how the addition of Radius Gold to your portfolios can decrease your overall portfolio volatility.