PLATO GOLD (Germany) Market Value
| 4Y7 Stock | EUR 0.01 0 20.00% |
| Symbol | PLATO |
PLATO 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 PLATO 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 PLATO GOLD.
| 01/04/2023 |
| 11/24/2024 |
If you would invest 0.00 in PLATO GOLD on January 4, 2023 and sell it all today you would earn a total of 0.00 from holding PLATO GOLD P or generate 0.0% return on investment in PLATO GOLD over 690 days. PLATO GOLD is related to or competes with Evolution Mining, WT OFFSHORE, BW OFFSHORE, SIEM OFFSHORE, Dairy Farm, NIPPON MEAT, and CSSC Offshore. Plato Gold Corp., a junior exploration company, engages in the exploration, evaluation, and development of gold and rare... More
PLATO 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 PLATO 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 PLATO GOLD P upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 39.2 | |||
| Information Ratio | 0.1178 | |||
| Maximum Drawdown | 185.71 | |||
| Value At Risk | (35.00) | |||
| Potential Upside | 53.85 |
PLATO GOLD Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PLATO GOLD's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PLATO GOLD's standard deviation. In reality, there are many statistical measures that can use PLATO GOLD historical prices to predict the future PLATO GOLD's volatility.| Risk Adjusted Performance | 0.103 | |||
| Jensen Alpha | 5.82 | |||
| Total Risk Alpha | (1.24) | |||
| Sortino Ratio | 0.1027 | |||
| Treynor Ratio | (0.30) |
PLATO GOLD P Backtested Returns
PLATO GOLD is out of control given 3 months investment horizon. PLATO GOLD P retains Efficiency (Sharpe Ratio) of 0.13, which implies the firm had a 0.13% return per unit of risk over the last 3 months. We were able to interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 4.44% are justified by taking the suggested risk. Use PLATO GOLD P market risk adjusted performance of (0.29), and Semi Deviation of 14.41 to evaluate company specific risk that cannot be diversified away. PLATO GOLD holds a performance score of 10 on a scale of zero to a hundred. The company owns a Beta (Systematic Risk) of -13.9, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning PLATO GOLD are expected to decrease by larger amounts. On the other hand, during market turmoil, PLATO GOLD is expected to outperform it. Use PLATO GOLD P market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to analyze future returns on PLATO GOLD P.
Auto-correlation | 0.07 |
Virtually no predictability
PLATO GOLD P has virtually no predictability. Overlapping area represents the amount of predictability between PLATO GOLD time series from 4th of January 2023 to 15th of December 2023 and 15th of December 2023 to 24th of November 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 PLATO GOLD P price movement. The serial correlation of 0.07 indicates that barely 7.0% of current PLATO GOLD price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.07 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
PLATO GOLD P lagged returns against current returns
Autocorrelation, which is PLATO 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 PLATO GOLD's stock expected returns. We can calculate the autocorrelation of PLATO GOLD returns to help us make a trade decision. For example, suppose you find that PLATO 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 |
PLATO 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 PLATO GOLD stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PLATO GOLD stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PLATO GOLD stock over time.
Current vs Lagged Prices |
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PLATO GOLD Lagged Returns
When evaluating PLATO GOLD's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PLATO GOLD stock have on its future price. PLATO 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, PLATO GOLD autocorrelation shows the relationship between PLATO GOLD stock current value and its past values and can show if there is a momentum factor associated with investing in PLATO GOLD P.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in PLATO Stock
PLATO GOLD financial ratios help investors to determine whether PLATO 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 PLATO with respect to the benefits of owning PLATO GOLD security.