Doubleview Gold Corp Stock Market Value
| DBLVF Stock | USD 0.27 0.01 3.85% |
| Symbol | Doubleview |
Doubleview 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 Doubleview Gold's otc 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 Doubleview Gold.
| 08/28/2024 |
| 11/26/2024 |
If you would invest 0.00 in Doubleview Gold on August 28, 2024 and sell it all today you would earn a total of 0.00 from holding Doubleview Gold Corp or generate 0.0% return on investment in Doubleview Gold over 90 days. Doubleview Gold is related to or competes with Geodrill, Prime Mining, Silver Dollar, Amarc Resources, Mundoro Capital, Winsome Resources, and Latin Resources. Doubleview Gold Corp. engages in the acquisition, exploration, and development of mineral resource properties in British... More
Doubleview 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 Doubleview Gold's otc 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 Doubleview Gold Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 28.29 | |||
| Value At Risk | (7.14) | |||
| Potential Upside | 11.11 |
Doubleview Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Doubleview Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Doubleview Gold's standard deviation. In reality, there are many statistical measures that can use Doubleview Gold historical prices to predict the future Doubleview Gold's volatility.| Risk Adjusted Performance | 0.0056 | |||
| Jensen Alpha | 0.1483 | |||
| Total Risk Alpha | (0.87) | |||
| Treynor Ratio | 0.0205 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Doubleview 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.
Doubleview Gold Corp Backtested Returns
Doubleview Gold Corp secures Sharpe Ratio (or Efficiency) of -0.0314, which denotes the company had a -0.0314% return per unit of risk over the last 3 months. Doubleview Gold Corp exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Doubleview Gold's Mean Deviation of 3.6, standard deviation of 5.44, and Variance of 29.54 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -1.51, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Doubleview Gold are expected to decrease by larger amounts. On the other hand, during market turmoil, Doubleview Gold is expected to outperform it. At this point, Doubleview Gold Corp has a negative expected return of -0.17%. Please make sure to confirm Doubleview Gold's jensen alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if Doubleview Gold Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.51 |
Good reverse predictability
Doubleview Gold Corp has good reverse predictability. Overlapping area represents the amount of predictability between Doubleview Gold time series from 28th of August 2024 to 12th of October 2024 and 12th of October 2024 to 26th 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 Doubleview Gold Corp price movement. The serial correlation of -0.51 indicates that about 51.0% of current Doubleview Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Doubleview Gold Corp lagged returns against current returns
Autocorrelation, which is Doubleview Gold otc 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 Doubleview Gold's otc stock expected returns. We can calculate the autocorrelation of Doubleview Gold returns to help us make a trade decision. For example, suppose you find that Doubleview Gold has exhibited high autocorrelation historically, and you observe that the otc 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 |
Doubleview 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 Doubleview Gold otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Doubleview Gold otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Doubleview Gold otc stock over time.
Current vs Lagged Prices |
| Timeline |
Doubleview Gold Lagged Returns
When evaluating Doubleview Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Doubleview Gold otc stock have on its future price. Doubleview 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, Doubleview Gold autocorrelation shows the relationship between Doubleview Gold otc stock current value and its past values and can show if there is a momentum factor associated with investing in Doubleview Gold Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Doubleview OTC Stock
Doubleview Gold financial ratios help investors to determine whether Doubleview OTC Stock 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 Doubleview with respect to the benefits of owning Doubleview Gold security.