Green River Gold Stock Market Value
| CCRRF Stock | USD 0.01 0.00 0.00% |
| Symbol | Green |
Green River '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 Green River'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 Green River.
| 11/28/2023 |
| 11/22/2024 |
If you would invest 0.00 in Green River on November 28, 2023 and sell it all today you would earn a total of 0.00 from holding Green River Gold or generate 0.0% return on investment in Green River over 360 days. Green River is related to or competes with Dixons Carphone, Ceconomy, Tandy Leather, Card Factory, and Bowlin Travel. Green River Gold Corp. engages in the acquisition, exploration, and development of mineral properties in Canada More
Green River 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 Green River'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 Green River Gold upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0699 | |||
| Maximum Drawdown | 297.06 |
Green River Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Green River's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Green River's standard deviation. In reality, there are many statistical measures that can use Green River historical prices to predict the future Green River's volatility.| Risk Adjusted Performance | 0.0653 | |||
| Jensen Alpha | 2.07 | |||
| Total Risk Alpha | (2.16) | |||
| Treynor Ratio | 0.4235 |
Green River Gold Backtested Returns
Green River is out of control given 3 months investment horizon. Green River Gold holds Efficiency (Sharpe) Ratio of 0.0745, which attests that the entity had a 0.0745% return per unit of risk over the last 3 months. We were able to interpolate data for sixteen different technical indicators, which can help you to evaluate if expected returns of 2.85% are justified by taking the suggested risk. Use Green River Gold Market Risk Adjusted Performance of 0.4335, standard deviation of 37.38, and Risk Adjusted Performance of 0.0653 to evaluate company specific risk that cannot be diversified away. Green River holds a performance score of 5 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 6.4, which attests to 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, Green River will likely underperform. Use Green River Gold variance, as well as the relationship between the skewness and day typical price , to analyze future returns on Green River Gold.
Auto-correlation | -0.17 |
Insignificant reverse predictability
Green River Gold has insignificant reverse predictability. Overlapping area represents the amount of predictability between Green River time series from 28th of November 2023 to 26th of May 2024 and 26th of May 2024 to 22nd 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 Green River Gold price movement. The serial correlation of -0.17 indicates that over 17.0% of current Green River price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Green River Gold lagged returns against current returns
Autocorrelation, which is Green River 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 Green River's pink sheet expected returns. We can calculate the autocorrelation of Green River returns to help us make a trade decision. For example, suppose you find that Green River 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 |
Green River 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 Green River pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Green River pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Green River pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Green River Lagged Returns
When evaluating Green River's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Green River pink sheet have on its future price. Green River 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, Green River autocorrelation shows the relationship between Green River pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Green River Gold.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Green Pink Sheet
Green River financial ratios help investors to determine whether Green 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 Green with respect to the benefits of owning Green River security.