Dynasty Gold Corp Stock Market Value
| DGDCF Stock | USD 0.09 0 2.02% |
| Symbol | Dynasty |
Dynasty 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 Dynasty 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 Dynasty Gold.
| 12/04/2022 |
| 11/23/2024 |
If you would invest 0.00 in Dynasty Gold on December 4, 2022 and sell it all today you would earn a total of 0.00 from holding Dynasty Gold Corp or generate 0.0% return on investment in Dynasty Gold over 720 days. Dynasty Gold is related to or competes with Aurion Resources, Liberty Gold, Rio2, Orezone Gold, Radisson Mining, Predictive Discovery, and Fortuna Silver. Dynasty Gold Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral pr... More
Dynasty 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 Dynasty 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 Dynasty Gold Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 47.95 | |||
| Value At Risk | (8.33) | |||
| Potential Upside | 9.09 |
Dynasty Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dynasty Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dynasty Gold's standard deviation. In reality, there are many statistical measures that can use Dynasty Gold historical prices to predict the future Dynasty Gold's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.41) | |||
| Total Risk Alpha | (1.19) | |||
| Treynor Ratio | (0.19) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dynasty 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.
Dynasty Gold Corp Backtested Returns
Dynasty Gold Corp secures Sharpe Ratio (or Efficiency) of -0.0632, which denotes the company had a -0.0632% return per unit of risk over the last 3 months. Dynasty Gold Corp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dynasty Gold's Standard Deviation of 5.97, variance of 35.65, and Mean Deviation of 2.78 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.3, which means 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, Dynasty Gold will likely underperform. At this point, Dynasty Gold Corp has a negative expected return of -0.38%. Please make sure to confirm Dynasty Gold's total risk alpha, skewness, day median price, as well as the relationship between the maximum drawdown and daily balance of power , to decide if Dynasty Gold Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.13 |
Insignificant reverse predictability
Dynasty Gold Corp has insignificant reverse predictability. Overlapping area represents the amount of predictability between Dynasty Gold time series from 4th of December 2022 to 29th of November 2023 and 29th of November 2023 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 Dynasty Gold Corp price movement. The serial correlation of -0.13 indicates that less than 13.0% of current Dynasty Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Dynasty Gold Corp lagged returns against current returns
Autocorrelation, which is Dynasty 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 Dynasty Gold's pink sheet expected returns. We can calculate the autocorrelation of Dynasty Gold returns to help us make a trade decision. For example, suppose you find that Dynasty 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 |
Dynasty 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 Dynasty Gold pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dynasty 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 Dynasty Gold pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Dynasty Gold Lagged Returns
When evaluating Dynasty Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dynasty Gold pink sheet have on its future price. Dynasty 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, Dynasty Gold autocorrelation shows the relationship between Dynasty Gold pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Dynasty Gold Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Dynasty Pink Sheet
Dynasty Gold financial ratios help investors to determine whether Dynasty 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 Dynasty with respect to the benefits of owning Dynasty Gold security.