Baru Gold Corp Stock Market Value
| BARUF Stock | USD 0.03 0 11.44% |
| Symbol | Baru |
Baru 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 Baru Gold's otc 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 Baru Gold.
| 11/30/2023 |
| 11/24/2024 |
If you would invest 0.00 in Baru Gold on November 30, 2023 and sell it all today you would earn a total of 0.00 from holding Baru Gold Corp or generate 0.0% return on investment in Baru Gold over 360 days. Baru Gold is related to or competes with Aurion Resources, Liberty Gold, Orezone Gold, Radisson Mining, Predictive Discovery, Fortuna Silver, and Sandstorm Gold. Baru Gold Corporation engages in the exploration and evaluation assets in Indonesia More
Baru 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 Baru Gold's otc 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 Baru Gold Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 11.9 | |||
| Information Ratio | 0.1374 | |||
| Maximum Drawdown | 64.95 | |||
| Value At Risk | (11.64) | |||
| Potential Upside | 30.19 |
Baru Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Baru Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Baru Gold's standard deviation. In reality, there are many statistical measures that can use Baru Gold historical prices to predict the future Baru Gold's volatility.| Risk Adjusted Performance | 0.1233 | |||
| Jensen Alpha | 1.84 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.1364 | |||
| Treynor Ratio | (2.18) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Baru 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.
Baru Gold Corp Backtested Returns
Baru Gold is out of control given 3 months investment horizon. Baru Gold Corp 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. We are able to break down and analyze data for thirty different technical indicators, which can help you to evaluate if expected returns of 1.84% are justified by taking the suggested risk. Use Baru Gold Mean Deviation of 7.36, downside deviation of 11.9, and Risk Adjusted Performance of 0.1233 to evaluate company specific risk that cannot be diversified away. Baru Gold holds a performance score of 11 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.8, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Baru Gold are expected to decrease at a much lower rate. During the bear market, Baru Gold is likely to outperform the market. Use Baru Gold treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to analyze future returns on Baru Gold.
Auto-correlation | 0.07 |
Virtually no predictability
Baru Gold Corp has virtually no predictability. Overlapping area represents the amount of predictability between Baru Gold time series from 30th of November 2023 to 28th of May 2024 and 28th of May 2024 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 Baru Gold Corp price movement. The serial correlation of 0.07 indicates that barely 7.0% of current Baru Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.07 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Baru Gold Corp lagged returns against current returns
Autocorrelation, which is Baru Gold otc 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 Baru Gold's otc stock expected returns. We can calculate the autocorrelation of Baru Gold returns to help us make a trade decision. For example, suppose you find that Baru Gold has exhibited high autocorrelation historically, and you observe that the otc 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 |
Baru 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 Baru Gold otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Baru Gold otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Baru Gold otc stock over time.
Current vs Lagged Prices |
| Timeline |
Baru Gold Lagged Returns
When evaluating Baru Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Baru Gold otc stock have on its future price. Baru 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, Baru Gold autocorrelation shows the relationship between Baru Gold otc stock current value and its past values and can show if there is a momentum factor associated with investing in Baru Gold Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Baru OTC Stock
Baru Gold financial ratios help investors to determine whether Baru OTC 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 Baru with respect to the benefits of owning Baru Gold security.