1911 Gold Corp Stock Market Value
| AUMBF Stock | USD 0.12 0.01 9.09% |
| Symbol | 1911 |
1911 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 1911 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 1911 Gold.
| 09/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in 1911 Gold on September 27, 2024 and sell it all today you would earn a total of 0.00 from holding 1911 Gold Corp or generate 0.0% return on investment in 1911 Gold over 60 days. 1911 Gold is related to or competes with Aurion Resources, Liberty Gold, Orezone Gold, Fortuna Silver, Sandstorm Gold, and I 80. 1911 Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, development, and extract... More
1911 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 1911 Gold's pink sheet 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 1911 Gold Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 9.87 | |||
| Information Ratio | 0.036 | |||
| Maximum Drawdown | 56.41 | |||
| Value At Risk | (12.50) | |||
| Potential Upside | 18.28 |
1911 Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 1911 Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 1911 Gold's standard deviation. In reality, there are many statistical measures that can use 1911 Gold historical prices to predict the future 1911 Gold's volatility.| Risk Adjusted Performance | 0.0462 | |||
| Jensen Alpha | 0.2734 | |||
| Total Risk Alpha | (1.13) | |||
| Sortino Ratio | 0.0382 | |||
| Treynor Ratio | 0.2647 |
1911 Gold Corp Backtested Returns
1911 Gold appears to be out of control, given 3 months investment horizon. 1911 Gold Corp retains Efficiency (Sharpe Ratio) of 0.0762, which signifies that the company had a 0.0762% return per unit of price deviation over the last 3 months. By evaluating 1911 Gold's technical indicators, you can evaluate if the expected return of 0.81% is justified by implied risk. Please makes use of 1911 Gold's Coefficient Of Variation of 2070.91, standard deviation of 10.47, and Market Risk Adjusted Performance of 0.2747 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, 1911 Gold holds a performance score of 6. The firm owns a Beta (Systematic Risk) of 1.87, 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, 1911 Gold will likely underperform. Please check 1911 Gold's sortino ratio, semi variance, and the relationship between the standard deviation and value at risk , to make a quick decision on whether 1911 Gold's current price history will revert.
Auto-correlation | -0.24 |
Weak reverse predictability
1911 Gold Corp has weak reverse predictability. Overlapping area represents the amount of predictability between 1911 Gold time series from 27th of September 2024 to 27th of October 2024 and 27th of October 2024 to 26th 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 1911 Gold Corp price movement. The serial correlation of -0.24 indicates that over 24.0% of current 1911 Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.24 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
1911 Gold Corp lagged returns against current returns
Autocorrelation, which is 1911 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 1911 Gold's pink sheet expected returns. We can calculate the autocorrelation of 1911 Gold returns to help us make a trade decision. For example, suppose you find that 1911 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.
Current and Lagged Values |
| Timeline |
1911 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 1911 Gold pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 1911 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 1911 Gold pink sheet over time.
Current vs Lagged Prices |
| Timeline |
1911 Gold Lagged Returns
When evaluating 1911 Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 1911 Gold pink sheet have on its future price. 1911 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, 1911 Gold autocorrelation shows the relationship between 1911 Gold pink sheet current value and its past values and can show if there is a momentum factor associated with investing in 1911 Gold Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in 1911 Pink Sheet
1911 Gold financial ratios help investors to determine whether 1911 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 1911 with respect to the benefits of owning 1911 Gold security.