Steppe Gold Stock Market Value
| STPGF Stock | USD 0.50 0.02 4.17% |
| Symbol | Steppe |
Steppe 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 Steppe 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 Steppe Gold.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Steppe Gold on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Steppe Gold or generate 0.0% return on investment in Steppe Gold over 90 days. Steppe Gold is related to or competes with Caledonia Mining, Fortuna Silver, Sandstorm Gold, Cerrado Gold, Aurion Resources, Rupert Resources, and Gold Bull. Steppe Gold Ltd. acquires, explores for, develops, and operates precious metals in Mongolia More
Steppe 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 Steppe 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 Steppe Gold upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.01 | |||
| Information Ratio | 0.0776 | |||
| Maximum Drawdown | 20.66 | |||
| Value At Risk | (6.67) | |||
| Potential Upside | 6.67 |
Steppe Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Steppe Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Steppe Gold's standard deviation. In reality, there are many statistical measures that can use Steppe Gold historical prices to predict the future Steppe Gold's volatility.| Risk Adjusted Performance | 0.0548 | |||
| Jensen Alpha | 0.282 | |||
| Total Risk Alpha | 0.7359 | |||
| Sortino Ratio | 0.0645 | |||
| Treynor Ratio | 0.3446 |
Steppe Gold Backtested Returns
Steppe Gold appears to be out of control, given 3 months investment horizon. Steppe Gold owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0538, which indicates the firm had a 0.0538 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Steppe Gold, which you can use to evaluate the volatility of the company. Please review Steppe Gold's Risk Adjusted Performance of 0.0548, coefficient of variation of 1857.46, and Semi Deviation of 3.71 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Steppe Gold holds a performance score of 4. The entity has a beta of 0.62, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Steppe Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Steppe Gold is expected to be smaller as well. Please check Steppe 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 Steppe Gold's existing price patterns will revert.
Auto-correlation | -0.25 |
Weak reverse predictability
Steppe Gold has weak reverse predictability. Overlapping area represents the amount of predictability between Steppe Gold time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Steppe Gold price movement. The serial correlation of -0.25 indicates that over 25.0% of current Steppe Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Steppe Gold lagged returns against current returns
Autocorrelation, which is Steppe 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 Steppe Gold's otc stock expected returns. We can calculate the autocorrelation of Steppe Gold returns to help us make a trade decision. For example, suppose you find that Steppe 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 |
Steppe 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 Steppe Gold otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Steppe 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 Steppe Gold otc stock over time.
Current vs Lagged Prices |
| Timeline |
Steppe Gold Lagged Returns
When evaluating Steppe Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Steppe Gold otc stock have on its future price. Steppe 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, Steppe Gold autocorrelation shows the relationship between Steppe Gold otc stock current value and its past values and can show if there is a momentum factor associated with investing in Steppe Gold.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Steppe OTC Stock
Steppe Gold financial ratios help investors to determine whether Steppe 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 Steppe with respect to the benefits of owning Steppe Gold security.