Cabral Gold Stock Market Value
| CBGZF Stock | USD 0.20 0.02 11.11% |
| Symbol | Cabral |
Cabral 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 Cabral 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 Cabral Gold.
| 09/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Cabral Gold on September 25, 2024 and sell it all today you would earn a total of 0.00 from holding Cabral Gold or generate 0.0% return on investment in Cabral Gold over 60 days. Cabral Gold is related to or competes with Aurion Resources, Liberty Gold, Orezone Gold, Radisson Mining, Predictive Discovery, Fortuna Silver, and Sandstorm Gold. Cabral Gold Inc., a junior resource company, engages in the identification, exploration, and development of mineral prop... More
Cabral 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 Cabral 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 Cabral Gold upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.66 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 48.93 | |||
| Value At Risk | (12.50) | |||
| Potential Upside | 11.11 |
Cabral Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cabral Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cabral Gold's standard deviation. In reality, there are many statistical measures that can use Cabral Gold historical prices to predict the future Cabral Gold's volatility.| Risk Adjusted Performance | 0.0098 | |||
| Jensen Alpha | 0.0665 | |||
| Total Risk Alpha | (1.23) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0034 |
Cabral Gold Backtested Returns
Cabral Gold secures Sharpe Ratio (or Efficiency) of -0.0079, which signifies that the company had a -0.0079% return per unit of standard deviation over the last 3 months. Cabral Gold exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cabral Gold's risk adjusted performance of 0.0098, and Mean Deviation of 5.31 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.57, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Cabral Gold are expected to decrease at a much lower rate. During the bear market, Cabral Gold is likely to outperform the market. At this point, Cabral Gold has a negative expected return of -0.0615%. Please make sure to confirm Cabral Gold's value at risk, daily balance of power, and the relationship between the total risk alpha and expected short fall , to decide if Cabral Gold performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.55 |
Good reverse predictability
Cabral Gold has good reverse predictability. Overlapping area represents the amount of predictability between Cabral Gold time series from 25th of September 2024 to 25th of October 2024 and 25th of October 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 Cabral Gold price movement. The serial correlation of -0.55 indicates that about 55.0% of current Cabral Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.55 | |
| Spearman Rank Test | -0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Cabral Gold lagged returns against current returns
Autocorrelation, which is Cabral 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 Cabral Gold's pink sheet expected returns. We can calculate the autocorrelation of Cabral Gold returns to help us make a trade decision. For example, suppose you find that Cabral 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 |
Cabral 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 Cabral Gold pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cabral 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 Cabral Gold pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Cabral Gold Lagged Returns
When evaluating Cabral Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cabral Gold pink sheet have on its future price. Cabral 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, Cabral Gold autocorrelation shows the relationship between Cabral Gold pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Cabral Gold.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Cabral Pink Sheet
Cabral Gold financial ratios help investors to determine whether Cabral 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 Cabral with respect to the benefits of owning Cabral Gold security.