K9 Gold Corp Stock Market Value
| WDFCF Stock | USD 0.06 0.0001 0.17% |
| Symbol | WDFCF |
K9 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 K9 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 K9 Gold.
| 11/20/2023 |
| 12/14/2024 |
If you would invest 0.00 in K9 Gold on November 20, 2023 and sell it all today you would earn a total of 0.00 from holding K9 Gold Corp or generate 0.0% return on investment in K9 Gold over 390 days. K9 Gold is related to or competes with IGO, Mineral Res, and Adriatic Metals. K9 Gold Corp. engages in the identification, acquisition, and exploration of mineral interests More
K9 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 K9 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 K9 Gold Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 13.43 | |||
| Information Ratio | 0.0289 | |||
| Maximum Drawdown | 79.06 | |||
| Value At Risk | (22.57) | |||
| Potential Upside | 20.75 |
K9 Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for K9 Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as K9 Gold's standard deviation. In reality, there are many statistical measures that can use K9 Gold historical prices to predict the future K9 Gold's volatility.| Risk Adjusted Performance | 0.0356 | |||
| Jensen Alpha | 0.19 | |||
| Total Risk Alpha | (1.25) | |||
| Sortino Ratio | 0.0302 | |||
| Treynor Ratio | 0.146 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of K9 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.
K9 Gold Corp Backtested Returns
At this point, K9 Gold is out of control. K9 Gold Corp retains Efficiency (Sharpe Ratio) of 3.0E-4, which conveys that the company had a 3.0E-4% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for K9 Gold, which you can use to evaluate the volatility of the entity. Please verify K9 Gold's Market Risk Adjusted Performance of 0.156, standard deviation of 14.07, and Mean Deviation of 7.27 to check out if the risk estimate we provide is consistent with the expected return of 0.0038%. The firm owns a Beta (Systematic Risk) of 3.4, which conveys 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, K9 Gold will likely underperform. K9 Gold Corp today owns a risk of 13.67%. Please verify K9 Gold Corp sortino ratio, semi variance, and the relationship between the standard deviation and value at risk , to decide if K9 Gold Corp will be following its current price history.
Auto-correlation | 0.63 |
Good predictability
K9 Gold Corp has good predictability. Overlapping area represents the amount of predictability between K9 Gold time series from 20th of November 2023 to 2nd of June 2024 and 2nd of June 2024 to 14th 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 K9 Gold Corp price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current K9 Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
K9 Gold Corp lagged returns against current returns
Autocorrelation, which is K9 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 K9 Gold's otc stock expected returns. We can calculate the autocorrelation of K9 Gold returns to help us make a trade decision. For example, suppose you find that K9 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 |
K9 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 K9 Gold otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if K9 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 K9 Gold otc stock over time.
Current vs Lagged Prices |
| Timeline |
K9 Gold Lagged Returns
When evaluating K9 Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of K9 Gold otc stock have on its future price. K9 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, K9 Gold autocorrelation shows the relationship between K9 Gold otc stock current value and its past values and can show if there is a momentum factor associated with investing in K9 Gold Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in WDFCF OTC Stock
K9 Gold financial ratios help investors to determine whether WDFCF 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 WDFCF with respect to the benefits of owning K9 Gold security.