Affinity Gold Corp Stock Market Value

Symbol

Affinity

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 Affinity Gold's pink sheet 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 Affinity Gold.

Affinity Gold Upside/Downside Indicators

Affinity Gold Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Affinity Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Affinity Gold's standard deviation. In reality, there are many statistical measures that can use Affinity Gold historical prices to predict the future Affinity Gold's volatility.

Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Affinity 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.

Autocorrelation, which is Affinity Gold pink sheet'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 Affinity Gold's pink sheet expected returns. We can calculate the autocorrelation of Affinity Gold returns to help us make a trade decision. For example, suppose you find that Affinity Gold has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Affinity Gold pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Affinity Gold pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Affinity Gold pink sheet over time.

When evaluating Affinity Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Affinity Gold pink sheet have on its future price. Affinity 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, Affinity Gold autocorrelation shows the relationship between Affinity Gold pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Affinity Gold Corp.

Affinity Gold financial ratios help investors to determine whether Affinity Pink Sheet 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 Affinity with respect to the benefits of owning Affinity Gold security.