Golden Developing Solutions Stock Market Value
| DVLP Stock | USD 0.0001 0.00 0.00% |
| Symbol | Golden |
Golden Developing '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 Golden Developing'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 Golden Developing.
| 10/30/2023 |
| 11/23/2024 |
If you would invest 0.00 in Golden Developing on October 30, 2023 and sell it all today you would earn a total of 0.00 from holding Golden Developing Solutions or generate 0.0% return on investment in Golden Developing over 390 days. Golden Developing Solutions, Inc., together with its subsidiaries, engages in developing an online retail business for c... More
Golden Developing 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 Golden Developing'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 Golden Developing Solutions upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0453 | |||
| Maximum Drawdown | 150.0 |
Golden Developing Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Golden Developing's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Golden Developing's standard deviation. In reality, there are many statistical measures that can use Golden Developing historical prices to predict the future Golden Developing's volatility.| Risk Adjusted Performance | 0.0514 | |||
| Jensen Alpha | 0.6083 | |||
| Total Risk Alpha | (1.43) | |||
| Treynor Ratio | 0.6483 |
Golden Developing Backtested Returns
Golden Developing appears to be out of control, given 3 months investment horizon. Golden Developing holds Efficiency (Sharpe) Ratio of 0.0551, which attests that the entity had a 0.0551% return per unit of risk over the last 3 months. By evaluating Golden Developing's technical indicators, you can evaluate if the expected return of 0.77% is justified by implied risk. Please utilize Golden Developing's Risk Adjusted Performance of 0.0514, market risk adjusted performance of 0.6583, and Standard Deviation of 13.85 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Golden Developing holds a performance score of 4. The company retains a Market Volatility (i.e., Beta) of 1.15, 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, Golden Developing will likely underperform. Please check Golden Developing's standard deviation and skewness , to make a quick decision on whether Golden Developing's current trending patterns will revert.
Auto-correlation | -0.25 |
Weak reverse predictability
Golden Developing Solutions has weak reverse predictability. Overlapping area represents the amount of predictability between Golden Developing time series from 30th of October 2023 to 12th of May 2024 and 12th of May 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 Golden Developing price movement. The serial correlation of -0.25 indicates that over 25.0% of current Golden Developing price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | -0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Golden Developing lagged returns against current returns
Autocorrelation, which is Golden Developing 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 Golden Developing's pink sheet expected returns. We can calculate the autocorrelation of Golden Developing returns to help us make a trade decision. For example, suppose you find that Golden Developing 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 |
Golden Developing 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 Golden Developing pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Golden Developing pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Golden Developing pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Golden Developing Lagged Returns
When evaluating Golden Developing's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Golden Developing pink sheet have on its future price. Golden Developing 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, Golden Developing autocorrelation shows the relationship between Golden Developing pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Golden Developing Solutions.
Regressed Prices |
| Timeline |
Additional Tools for Golden Pink Sheet Analysis
When running Golden Developing's price analysis, check to measure Golden Developing'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 Golden Developing is operating at the current time. Most of Golden Developing's value examination focuses on studying past and present price action to predict the probability of Golden Developing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Golden Developing's price. Additionally, you may evaluate how the addition of Golden Developing to your portfolios can decrease your overall portfolio volatility.