Patagonia Gold Corp Stock Alpha and Beta Analysis
| PGDC Stock | CAD 0.04 0.00 0.00% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Patagonia Gold Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Patagonia Gold over a specified time horizon. Remember, high Patagonia Gold's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Patagonia Gold's market risk premium analysis include:
Beta (0.87) | Alpha 2.11 | Risk 15.01 | Sharpe Ratio 0.14 | Expected Return 2.15 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Patagonia |
Patagonia Gold Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Patagonia Gold market risk premium is the additional return an investor will receive from holding Patagonia Gold long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Patagonia Gold. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Patagonia Gold's performance over market.| α | 2.11 | β | -0.87 |
Patagonia Gold expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Patagonia Gold's Buy-and-hold return. Our buy-and-hold chart shows how Patagonia Gold performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Patagonia Gold Market Price Analysis
Market price analysis indicators help investors to evaluate how Patagonia Gold stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Patagonia Gold shares will generate the highest return on investment. By understating and applying Patagonia Gold stock market price indicators, traders can identify Patagonia Gold position entry and exit signals to maximize returns.
Patagonia Gold Return and Market Media
The median price of Patagonia Gold for the period between Thu, Aug 29, 2024 and Wed, Nov 27, 2024 is 0.03 with a coefficient of variation of 19.26. The daily time series for the period is distributed with a sample standard deviation of 0.01, arithmetic mean of 0.03, and mean deviation of 0.01. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Patagonia Gold on Brink of Calcatreu Project Approval - TipRanks | 09/03/2024 |
2 | Patagonia Gold Receives Full and Final Permit to Advance with the Construction and Development of Calcatreu - Yahoo Finance | 11/07/2024 |
About Patagonia Gold Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Patagonia or other stocks. Alpha measures the amount that position in Patagonia Gold Corp has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 2.26 | 1.63 | 1.87 | 1.78 | PTB Ratio | 0.92 | 0.36 | 1.0 | 0.95 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Patagonia Gold in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Patagonia Gold's short interest history, or implied volatility extrapolated from Patagonia Gold options trading.
Build Portfolio with Patagonia Gold
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Additional Tools for Patagonia Stock Analysis
When running Patagonia Gold's price analysis, check to measure Patagonia 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 Patagonia Gold is operating at the current time. Most of Patagonia Gold's value examination focuses on studying past and present price action to predict the probability of Patagonia 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 Patagonia Gold's price. Additionally, you may evaluate how the addition of Patagonia Gold to your portfolios can decrease your overall portfolio volatility.