Bravada Gold Stock Market Value
| BGAVF Stock | USD 0.02 0.0001 0.54% |
| Symbol | Bravada |
Bravada 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 Bravada 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 Bravada Gold.
| 01/02/2025 |
| 02/01/2025 |
If you would invest 0.00 in Bravada Gold on January 2, 2025 and sell it all today you would earn a total of 0.00 from holding Bravada Gold or generate 0.0% return on investment in Bravada Gold over 30 days. Bravada Gold is related to or competes with Mundoro Capital, and E79 Resources. Bravada Gold Corporation engages in the acquisition, exploration, and development of precious metal properties in the Un... More
Bravada 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 Bravada 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 Bravada Gold upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 18.55 | |||
| Information Ratio | 0.0548 | |||
| Maximum Drawdown | 91.42 | |||
| Value At Risk | (29.03) | |||
| Potential Upside | 32.39 |
Bravada Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bravada Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bravada Gold's standard deviation. In reality, there are many statistical measures that can use Bravada Gold historical prices to predict the future Bravada Gold's volatility.| Risk Adjusted Performance | 0.0596 | |||
| Jensen Alpha | 0.901 | |||
| Total Risk Alpha | (0.36) | |||
| Sortino Ratio | 0.0465 | |||
| Treynor Ratio | 2.06 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bravada 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.
Bravada Gold Backtested Returns
Bravada Gold appears to be out of control, given 3 months investment horizon. Bravada Gold secures Sharpe Ratio (or Efficiency) of 0.0598, which signifies that the company had a 0.0598 % return per unit of standard deviation over the last 3 months. By analyzing Bravada Gold's technical indicators, you can evaluate if the expected return of 0.94% is justified by implied risk. Please makes use of Bravada Gold's mean deviation of 9.07, and Risk Adjusted Performance of 0.0596 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Bravada Gold holds a performance score of 4. The firm shows a Beta (market volatility) of 0.45, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Bravada Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bravada Gold is expected to be smaller as well. Please check Bravada Gold's value at risk, rate of daily change, and the relationship between the total risk alpha and expected short fall , to make a quick decision on whether Bravada Gold's price patterns will revert.
Auto-correlation | 0.47 |
Average predictability
Bravada Gold has average predictability. Overlapping area represents the amount of predictability between Bravada Gold time series from 2nd of January 2025 to 17th of January 2025 and 17th of January 2025 to 1st of February 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 Bravada Gold price movement. The serial correlation of 0.47 indicates that about 47.0% of current Bravada Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Bravada Gold lagged returns against current returns
Autocorrelation, which is Bravada 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 Bravada Gold's pink sheet expected returns. We can calculate the autocorrelation of Bravada Gold returns to help us make a trade decision. For example, suppose you find that Bravada 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 |
Bravada 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 Bravada Gold pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bravada 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 Bravada Gold pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Bravada Gold Lagged Returns
When evaluating Bravada Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bravada Gold pink sheet have on its future price. Bravada 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, Bravada Gold autocorrelation shows the relationship between Bravada Gold pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Bravada Gold.
Regressed Prices |
| Timeline |
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Other Information on Investing in Bravada Pink Sheet
Bravada Gold financial ratios help investors to determine whether Bravada 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 Bravada with respect to the benefits of owning Bravada Gold security.