Allied Gold Stock Market Value
| AAUC Stock | 24.92 0.46 1.88% |
| Symbol | Allied |
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Allied Gold. If investors know Allied will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Allied Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Allied Gold is measured differently than its book value, which is the value of Allied that is recorded on the company's balance sheet. Investors also form their own opinion of Allied Gold's value that differs from its market value or its book value, called intrinsic value, which is Allied Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Allied Gold's market value can be influenced by many factors that don't directly affect Allied Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Allied Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Allied Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allied 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.
Allied 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 Allied 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 Allied Gold.
| 01/09/2024 |
| 12/29/2025 |
If you would invest 0.00 in Allied Gold on January 9, 2024 and sell it all today you would earn a total of 0.00 from holding Allied Gold or generate 0.0% return on investment in Allied Gold over 720 days. Allied Gold is related to or competes with Aris Mining, FMC, Skeena Resources, Ingevity Corp, DRDGOLD Limited, Chemours, and USA Rare. More
Allied 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 Allied 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 Allied Gold upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.68 | |||
| Information Ratio | 0.1364 | |||
| Maximum Drawdown | 20.85 | |||
| Value At Risk | (5.81) | |||
| Potential Upside | 6.92 |
Allied Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Allied Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Allied Gold's standard deviation. In reality, there are many statistical measures that can use Allied Gold historical prices to predict the future Allied Gold's volatility.| Risk Adjusted Performance | 0.1188 | |||
| Jensen Alpha | 0.5937 | |||
| Total Risk Alpha | 0.1924 | |||
| Sortino Ratio | 0.117 | |||
| Treynor Ratio | 1.59 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Allied 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.
Allied Gold Backtested Returns
Allied Gold appears to be not too volatile, given 3 months investment horizon. Allied Gold secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16 % return per unit of risk over the last 3 months. By analyzing Allied Gold's technical indicators, you can evaluate if the expected return of 0.63% is justified by implied risk. Please makes use of Allied Gold's Risk Adjusted Performance of 0.1188, mean deviation of 2.8, and Downside Deviation of 4.68 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Allied Gold holds a performance score of 12. The firm shows a Beta (market volatility) of 0.39, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Allied Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Allied Gold is expected to be smaller as well. Please check Allied Gold's jensen alpha, potential upside, accumulation distribution, as well as the relationship between the treynor ratio and expected short fall , to make a quick decision on whether Allied Gold's price patterns will revert.
Auto-correlation | 0.13 |
Insignificant predictability
Allied Gold has insignificant predictability. Overlapping area represents the amount of predictability between Allied Gold time series from 9th of January 2024 to 3rd of January 2025 and 3rd of January 2025 to 29th of December 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 Allied Gold price movement. The serial correlation of 0.13 indicates that less than 13.0% of current Allied Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 2.77 |
Allied Gold lagged returns against current returns
Autocorrelation, which is Allied 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 Allied Gold's stock expected returns. We can calculate the autocorrelation of Allied Gold returns to help us make a trade decision. For example, suppose you find that Allied 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 |
Allied 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 Allied Gold stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Allied Gold stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Allied Gold stock over time.
Current vs Lagged Prices |
| Timeline |
Allied Gold Lagged Returns
When evaluating Allied Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Allied Gold stock have on its future price. Allied 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, Allied Gold autocorrelation shows the relationship between Allied Gold stock current value and its past values and can show if there is a momentum factor associated with investing in Allied Gold.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Allied Gold offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Allied Gold's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Allied Gold Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Allied Gold Stock:Check out Allied Gold Correlation, Allied Gold Volatility and Allied Gold Alpha and Beta module to complement your research on Allied Gold. For information on how to trade Allied Stock refer to our How to Trade Allied Stock guide.You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Allied Gold technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.