Allied Gold Stock Market Value
| AAUC Stock | 33.44 0.48 1.42% |
| Symbol | Allied |
Allied Gold Price To Book Ratio
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.
| 06/28/2025 |
| 12/25/2025 |
If you would invest 0.00 in Allied Gold on June 28, 2025 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 180 days. Allied Gold is related to or competes with Montage Gold, Skeena Resources, Ivanhoe Energy, Wesdome Gold, Aris Mining, Centerra Gold, and Champion Iron. Allied Gold is entity of Canada. It is traded as Stock on TO exchange. 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 | 4.53 | |||
| Information Ratio | 0.1306 | |||
| Maximum Drawdown | 20.75 | |||
| Value At Risk | (5.84) | |||
| Potential Upside | 6.97 |
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 | 0.1145 | |||
| Jensen Alpha | 0.4805 | |||
| Total Risk Alpha | 0.191 | |||
| Sortino Ratio | 0.1132 | |||
| Treynor Ratio | 0.3985 |
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 0.15, which signifies that the company had a 0.15 % 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 0.61% is justified by implied risk. Please makes use of Allied Gold's Mean Deviation of 2.78, risk adjusted performance of 0.1145, and Downside Deviation of 4.53 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 1.46, which signifies 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, Allied Gold will likely underperform. Please check Allied Gold's jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to make a quick decision on whether Allied Gold's price patterns will revert.
Auto-correlation | 0.89 |
Very good predictability
Allied Gold has very good predictability. Overlapping area represents the amount of predictability between Allied Gold time series from 28th of June 2025 to 26th of September 2025 and 26th of September 2025 to 25th 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 0.89 indicates that approximately 89.0% of current Allied Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.89 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 12.36 |
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 |
Pair Trading with Allied Gold
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Allied Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Allied Gold will appreciate offsetting losses from the drop in the long position's value.Moving together with Allied Stock
| 0.82 | ABX | Barrick Gold Corp | PairCorr |
| 0.78 | WPM | Wheaton Precious Metals | PairCorr |
| 0.85 | K | Kinross Gold Corp | PairCorr |
Moving against Allied Stock
The ability to find closely correlated positions to Allied Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Allied Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Allied Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Allied Gold to buy it.
The correlation of Allied Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Allied Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Allied Gold moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Allied Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Allied Gold Correlation, Allied Gold Volatility and Allied Gold Alpha and Beta module to complement your research on Allied Gold. To learn how to invest in Allied Stock, please use our How to Invest in Allied Gold guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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.