Baroyeca Gold Silver Stock Market Value
| BGS Stock | CAD 0.02 0.00 0.00% |
| Symbol | Baroyeca |
Baroyeca 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 Baroyeca 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 Baroyeca Gold.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Baroyeca Gold on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Baroyeca Gold Silver or generate 0.0% return on investment in Baroyeca Gold over 30 days. Baroyeca Gold is related to or competes with First Majestic, Ivanhoe Energy, Orezone Gold, and Faraday Copper. Baroyeca Gold Silver Inc. engages in the acquisition, exploration, and evaluation of mineral properties More
Baroyeca 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 Baroyeca 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 Baroyeca Gold Silver upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 25.45 | |||
| Information Ratio | 0.0059 | |||
| Maximum Drawdown | 124.44 | |||
| Value At Risk | (16.67) | |||
| Potential Upside | 20.0 |
Baroyeca Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Baroyeca Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Baroyeca Gold's standard deviation. In reality, there are many statistical measures that can use Baroyeca Gold historical prices to predict the future Baroyeca Gold's volatility.| Risk Adjusted Performance | 0.0212 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (1.95) | |||
| Sortino Ratio | 0.0031 | |||
| Treynor Ratio | 0.0992 |
Baroyeca Gold Silver Backtested Returns
Baroyeca Gold appears to be out of control, given 3 months investment horizon. Baroyeca Gold Silver secures Sharpe Ratio (or Efficiency) of 0.0159, which signifies that the company had a 0.0159% return per unit of risk over the last 3 months. We have found twenty-five technical indicators for Baroyeca Gold Silver, which you can use to evaluate the volatility of the firm. Please makes use of Baroyeca Gold's Downside Deviation of 25.45, mean deviation of 4.97, and Risk Adjusted Performance of 0.0212 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Baroyeca Gold holds a performance score of 1. The firm shows a Beta (market volatility) of 2.02, 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, Baroyeca Gold will likely underperform. Please check Baroyeca Gold's treynor ratio and the relationship between the downside variance and relative strength index , to make a quick decision on whether Baroyeca Gold's price patterns will revert.
Auto-correlation | 1.00 |
Perfect predictability
Baroyeca Gold Silver has perfect predictability. Overlapping area represents the amount of predictability between Baroyeca Gold time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Baroyeca Gold Silver price movement. The serial correlation of 1.0 indicates that 100.0% of current Baroyeca Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Baroyeca Gold Silver lagged returns against current returns
Autocorrelation, which is Baroyeca 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 Baroyeca Gold's stock expected returns. We can calculate the autocorrelation of Baroyeca Gold returns to help us make a trade decision. For example, suppose you find that Baroyeca 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 |
Baroyeca 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 Baroyeca Gold stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Baroyeca Gold stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Baroyeca Gold stock over time.
Current vs Lagged Prices |
| Timeline |
Baroyeca Gold Lagged Returns
When evaluating Baroyeca Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Baroyeca Gold stock have on its future price. Baroyeca 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, Baroyeca Gold autocorrelation shows the relationship between Baroyeca Gold stock current value and its past values and can show if there is a momentum factor associated with investing in Baroyeca Gold Silver.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Baroyeca Stock Analysis
When running Baroyeca Gold's price analysis, check to measure Baroyeca Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Baroyeca Gold is operating at the current time. Most of Baroyeca Gold's value examination focuses on studying past and present price action to predict the probability of Baroyeca Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Baroyeca Gold's price. Additionally, you may evaluate how the addition of Baroyeca Gold to your portfolios can decrease your overall portfolio volatility.