Stakeholder Gold Corp Stock Market Value
| SRC Stock | CAD 0.99 0.04 4.21% |
| Symbol | Stakeholder |
Stakeholder 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 Stakeholder 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 Stakeholder Gold.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Stakeholder Gold on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Stakeholder Gold Corp or generate 0.0% return on investment in Stakeholder Gold over 30 days. Stakeholder Gold is related to or competes with First Majestic, Ivanhoe Energy, Orezone Gold, and Faraday Copper. Stakeholder Gold Corp., a mineral exploration company, engages in the acquisition, exploration, and development of miner... More
Stakeholder 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 Stakeholder 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 Stakeholder Gold Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 9.6 | |||
| Information Ratio | 0.0493 | |||
| Maximum Drawdown | 31.11 | |||
| Value At Risk | (10.00) | |||
| Potential Upside | 15.79 |
Stakeholder Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Stakeholder Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Stakeholder Gold's standard deviation. In reality, there are many statistical measures that can use Stakeholder Gold historical prices to predict the future Stakeholder Gold's volatility.| Risk Adjusted Performance | 0.0601 | |||
| Jensen Alpha | 0.304 | |||
| Total Risk Alpha | (0.44) | |||
| Sortino Ratio | 0.0323 | |||
| Treynor Ratio | 0.3905 |
Stakeholder Gold Corp Backtested Returns
Stakeholder Gold appears to be abnormally volatile, given 3 months investment horizon. Stakeholder Gold Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0655, which indicates the firm had a 0.0655% return per unit of risk over the last 3 months. We have found thirty technical indicators for Stakeholder Gold Corp, which you can use to evaluate the volatility of the company. Please review Stakeholder Gold's Risk Adjusted Performance of 0.0601, coefficient of variation of 1485.8, and Semi Deviation of 4.55 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Stakeholder Gold holds a performance score of 5. The entity has a beta of 1.06, which indicates a somewhat significant risk relative to the market. Stakeholder Gold returns are very sensitive to returns on the market. As the market goes up or down, Stakeholder Gold is expected to follow. Please check Stakeholder Gold's downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to make a quick decision on whether Stakeholder Gold's existing price patterns will revert.
Auto-correlation | -0.13 |
Insignificant reverse predictability
Stakeholder Gold Corp has insignificant reverse predictability. Overlapping area represents the amount of predictability between Stakeholder Gold time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 Stakeholder Gold Corp price movement. The serial correlation of -0.13 indicates that less than 13.0% of current Stakeholder Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Stakeholder Gold Corp lagged returns against current returns
Autocorrelation, which is Stakeholder 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 Stakeholder Gold's stock expected returns. We can calculate the autocorrelation of Stakeholder Gold returns to help us make a trade decision. For example, suppose you find that Stakeholder 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 |
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Stakeholder 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 Stakeholder Gold stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Stakeholder Gold stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Stakeholder Gold stock over time.
Current vs Lagged Prices |
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Stakeholder Gold Lagged Returns
When evaluating Stakeholder Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Stakeholder Gold stock have on its future price. Stakeholder 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, Stakeholder Gold autocorrelation shows the relationship between Stakeholder Gold stock current value and its past values and can show if there is a momentum factor associated with investing in Stakeholder Gold Corp.
Regressed Prices |
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Thematic Opportunities
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Additional Tools for Stakeholder Stock Analysis
When running Stakeholder Gold's price analysis, check to measure Stakeholder 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 Stakeholder Gold is operating at the current time. Most of Stakeholder Gold's value examination focuses on studying past and present price action to predict the probability of Stakeholder 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 Stakeholder Gold's price. Additionally, you may evaluate how the addition of Stakeholder Gold to your portfolios can decrease your overall portfolio volatility.