Americas Gold's market value is the price at which a share of Americas Gold trades on a public exchange. It measures the collective expectations of Americas Gold and investors about its performance. Americas Gold is trading at 0.39 as of the 7th of January 2025. This is a 5.41% increase since the beginning of the trading day. The stock's lowest day price was 0.37. With this module, you can estimate the performance of a buy and hold strategy of Americas Gold and and determine expected loss or profit from investing in Americas Gold over a given investment horizon. Check out Americas Gold Correlation, Americas Gold Volatility and Americas Gold Alpha and Beta module to complement your research on Americas Gold.
Please note, there is a significant difference between Americas Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Americas Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Americas Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Americas 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 Americas 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 Americas Gold.
0.00
12/08/2024
No Change 0.00
0.0
In 31 days
01/07/2025
0.00
If you would invest 0.00 in Americas Gold on December 8, 2024 and sell it all today you would earn a total of 0.00 from holding Americas Gold and or generate 0.0% return on investment in Americas Gold over 30 days. Americas Gold is related to or competes with Nippon Light, Aluminumof China, Sunny Optical, ANTA SPORTS, JD SPORTS, and GREENX METALS. Americas Silver Corporation engages in the acquisition, evaluation, exploration, development, and operation of mineral p... More
Americas 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 Americas 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 Americas Gold and upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Americas Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Americas Gold's standard deviation. In reality, there are many statistical measures that can use Americas Gold historical prices to predict the future Americas Gold's volatility.
Americas Gold appears to be out of control, given 3 months investment horizon. Americas Gold secures Sharpe Ratio (or Efficiency) of 0.0668, which signifies that the company had a 0.0668% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Americas Gold and, which you can use to evaluate the volatility of the firm. Please makes use of Americas Gold's mean deviation of 5.49, and Risk Adjusted Performance of 0.0924 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Americas Gold holds a performance score of 5. The firm shows a Beta (market volatility) of -1.55, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Americas Gold are expected to decrease by larger amounts. On the other hand, during market turmoil, Americas Gold is expected to outperform it. Please check Americas Gold's information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Americas Gold's price patterns will revert.
Auto-correlation
-0.79
Almost perfect reverse predictability
Americas Gold and has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Americas Gold time series from 8th of December 2024 to 23rd of December 2024 and 23rd of December 2024 to 7th of January 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 Americas Gold price movement. The serial correlation of -0.79 indicates that around 79.0% of current Americas Gold price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.79
Spearman Rank Test
-0.25
Residual Average
0.0
Price Variance
0.0
Americas Gold lagged returns against current returns
Autocorrelation, which is Americas 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 Americas Gold's stock expected returns. We can calculate the autocorrelation of Americas Gold returns to help us make a trade decision. For example, suppose you find that Americas 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
Americas 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 Americas Gold stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Americas Gold stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Americas Gold stock over time.
Current vs Lagged Prices
Timeline
Americas Gold Lagged Returns
When evaluating Americas Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Americas Gold stock have on its future price. Americas 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, Americas Gold autocorrelation shows the relationship between Americas Gold stock current value and its past values and can show if there is a momentum factor associated with investing in Americas Gold and.
Americas Gold financial ratios help investors to determine whether Americas 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 Americas with respect to the benefits of owning Americas Gold security.