Dynasty Gold Corp Stock Market Value
| DYG Stock | CAD 0.13 0.01 7.14% |
| 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 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 Dynasty Gold.
| 01/26/2025 |
| 02/25/2025 |
If you would invest 0.00 in Dynasty Gold on January 26, 2025 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 30 days. Dynasty Gold is related to or competes with Wilmington Capital, Advent Wireless, Titanium Transportation, Exco Technologies, and Oncolytics Biotech. Dynasty Gold Corp., an exploration stage company, acquires, explores for, and develops mineral properties 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 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 Dynasty Gold Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.78 | |||
| Information Ratio | 0.0197 | |||
| Maximum Drawdown | 16.03 | |||
| Value At Risk | (7.69) | |||
| Potential Upside | 8.33 |
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 | 0.0236 | |||
| Jensen Alpha | 0.0777 | |||
| Total Risk Alpha | 0.1071 | |||
| Sortino Ratio | 0.0108 | |||
| Treynor Ratio | (0.27) |
Dynasty Gold Corp Backtested Returns
Dynasty Gold appears to be out of control, given 3 months investment horizon. Dynasty Gold Corp secures Sharpe Ratio (or Efficiency) of 0.0526, which denotes the company had a 0.0526 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Dynasty Gold Corp, which you can use to evaluate the volatility of the firm. Please utilize Dynasty Gold's Downside Deviation of 7.78, coefficient of variation of 4780.72, and Mean Deviation of 2.38 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Dynasty Gold holds a performance score of 4. The firm shows a Beta (market volatility) of -0.29, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Dynasty Gold are expected to decrease at a much lower rate. During the bear market, Dynasty Gold is likely to outperform the market. Please check Dynasty Gold's sortino ratio and the relationship between the potential upside and day median price , to make a quick decision on whether Dynasty Gold's price patterns will revert.
Auto-correlation | 0.06 |
Virtually no predictability
Dynasty Gold Corp has virtually no predictability. Overlapping area represents the amount of predictability between Dynasty Gold time series from 26th of January 2025 to 10th of February 2025 and 10th of February 2025 to 25th of February 2025. 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 0.06 indicates that barely 6.0% of current Dynasty Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.06 | |
| Spearman Rank Test | -0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Dynasty Gold Corp lagged returns against current returns
Autocorrelation, which is Dynasty Gold 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 Dynasty Gold's stock 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 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 |
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 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dynasty Gold stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dynasty Gold stock 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 stock 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 stock 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 |
Thematic Opportunities
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Additional Tools for Dynasty Stock Analysis
When running Dynasty Gold's price analysis, check to measure Dynasty Gold'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 Dynasty Gold is operating at the current time. Most of Dynasty Gold's value examination focuses on studying past and present price action to predict the probability of Dynasty Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dynasty Gold's price. Additionally, you may evaluate how the addition of Dynasty Gold to your portfolios can decrease your overall portfolio volatility.