Bald Eagle Gold Stock Market Value
| BIG Stock | CAD 0.55 0.04 7.84% |
| Symbol | Bald |
Bald Eagle Gold Price To Book Ratio
Bald Eagle '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 Bald Eagle'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 Bald Eagle.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Bald Eagle on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Bald Eagle Gold or generate 0.0% return on investment in Bald Eagle over 30 days. Bald Eagle is related to or competes with Mako Mining, Arizona Gold, Globex Mining, T2 Metals, Arbor Metals, and Metalero Mining. Bald Eagle Gold Corp, a junior mining company, engages in the acquisition, exploration, and development of resource prop... More
Bald Eagle 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 Bald Eagle'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 Bald Eagle Gold upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 27.09 | |||
| Value At Risk | (6.15) | |||
| Potential Upside | 10.17 |
Bald Eagle Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bald Eagle's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bald Eagle's standard deviation. In reality, there are many statistical measures that can use Bald Eagle historical prices to predict the future Bald Eagle's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.99) | |||
| Treynor Ratio | (0.15) |
Bald Eagle Gold Backtested Returns
Bald Eagle Gold secures Sharpe Ratio (or Efficiency) of -0.0564, which signifies that the company had a -0.0564% return per unit of risk over the last 3 months. Bald Eagle Gold exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bald Eagle's Risk Adjusted Performance of (0.01), standard deviation of 5.53, and Mean Deviation of 4.17 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.78, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Bald Eagle's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bald Eagle is expected to be smaller as well. At this point, Bald Eagle Gold has a negative expected return of -0.3%. Please make sure to confirm Bald Eagle's maximum drawdown and the relationship between the kurtosis and period momentum indicator , to decide if Bald Eagle Gold performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.26 |
Poor predictability
Bald Eagle Gold has poor predictability. Overlapping area represents the amount of predictability between Bald Eagle time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 Bald Eagle Gold price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current Bald Eagle price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Bald Eagle Gold lagged returns against current returns
Autocorrelation, which is Bald Eagle 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 Bald Eagle's stock expected returns. We can calculate the autocorrelation of Bald Eagle returns to help us make a trade decision. For example, suppose you find that Bald Eagle 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 |
Bald Eagle 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 Bald Eagle stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bald Eagle stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bald Eagle stock over time.
Current vs Lagged Prices |
| Timeline |
Bald Eagle Lagged Returns
When evaluating Bald Eagle's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bald Eagle stock have on its future price. Bald Eagle 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, Bald Eagle autocorrelation shows the relationship between Bald Eagle stock current value and its past values and can show if there is a momentum factor associated with investing in Bald Eagle Gold.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Bald Stock Analysis
When running Bald Eagle's price analysis, check to measure Bald Eagle'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 Bald Eagle is operating at the current time. Most of Bald Eagle's value examination focuses on studying past and present price action to predict the probability of Bald Eagle's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bald Eagle's price. Additionally, you may evaluate how the addition of Bald Eagle to your portfolios can decrease your overall portfolio volatility.