Eastern Goldfields Stock Market Value
| EGDD Stock | USD 0.0006 0.00 0.00% |
| Symbol | Eastern |
Eastern Goldfields '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 Eastern Goldfields' 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 Eastern Goldfields.
| 06/28/2025 |
| 12/25/2025 |
If you would invest 0.00 in Eastern Goldfields on June 28, 2025 and sell it all today you would earn a total of 0.00 from holding Eastern Goldfields or generate 0.0% return on investment in Eastern Goldfields over 180 days. Eastern Goldfields, Inc., through its subsidiaries, engages in the acquisition, development, exploration, and mining of ... More
Eastern Goldfields 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 Eastern Goldfields' 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 Eastern Goldfields upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1198 | |||
| Maximum Drawdown | 200.0 |
Eastern Goldfields Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eastern Goldfields' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Eastern Goldfields' standard deviation. In reality, there are many statistical measures that can use Eastern Goldfields historical prices to predict the future Eastern Goldfields' volatility.| Risk Adjusted Performance | 0.0963 | |||
| Jensen Alpha | 3.29 | |||
| Total Risk Alpha | 0.5626 | |||
| Treynor Ratio | (0.79) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Eastern Goldfields' 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.
Eastern Goldfields Backtested Returns
Eastern Goldfields is out of control given 3 months investment horizon. Eastern Goldfields secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the company had a 0.13 % return per unit of risk over the last 3 months. We were able to break down sixteen different technical indicators, which can help you to evaluate if expected returns of 3.13% are justified by taking the suggested risk. Use Eastern Goldfields Variance of 606.06, mean deviation of 5.97, and Standard Deviation of 24.62 to evaluate company specific risk that cannot be diversified away. Eastern Goldfields holds a performance score of 9 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -3.8, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Eastern Goldfields are expected to decrease by larger amounts. On the other hand, during market turmoil, Eastern Goldfields is expected to outperform it. Use Eastern Goldfields skewness, as well as the relationship between the rate of daily change and day typical price , to analyze future returns on Eastern Goldfields.
Auto-correlation | -0.73 |
Almost perfect reverse predictability
Eastern Goldfields has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Eastern Goldfields time series from 28th of June 2025 to 26th of September 2025 and 26th of September 2025 to 25th of December 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 Eastern Goldfields price movement. The serial correlation of -0.73 indicates that around 73.0% of current Eastern Goldfields price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.73 | |
| Spearman Rank Test | -0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Eastern Goldfields lagged returns against current returns
Autocorrelation, which is Eastern Goldfields 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 Eastern Goldfields' pink sheet expected returns. We can calculate the autocorrelation of Eastern Goldfields returns to help us make a trade decision. For example, suppose you find that Eastern Goldfields 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 |
Eastern Goldfields 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 Eastern Goldfields pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Eastern Goldfields pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Eastern Goldfields pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Eastern Goldfields Lagged Returns
When evaluating Eastern Goldfields' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Eastern Goldfields pink sheet have on its future price. Eastern Goldfields 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, Eastern Goldfields autocorrelation shows the relationship between Eastern Goldfields pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Eastern Goldfields.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Eastern Pink Sheet
Eastern Goldfields financial ratios help investors to determine whether Eastern 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 Eastern with respect to the benefits of owning Eastern Goldfields security.