Element79 Gold's market value is the price at which a share of Element79 Gold trades on a public exchange. It measures the collective expectations of Element79 Gold Corp investors about its performance. Element79 Gold is trading at 0.0146 as of the 27th of December 2025. This is a 11.52% down since the beginning of the trading day. The stock's lowest day price was 0.0113. With this module, you can estimate the performance of a buy and hold strategy of Element79 Gold Corp and determine expected loss or profit from investing in Element79 Gold over a given investment horizon. Check out Element79 Gold Correlation, Element79 Gold Volatility and Element79 Gold Alpha and Beta module to complement your research on Element79 Gold.
Please note, there is a significant difference between Element79 Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Element79 Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Element79 Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Element79 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 Element79 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 Element79 Gold.
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01/01/2025
No Change 0.00
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In 11 months and 26 days
12/27/2025
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If you would invest 0.00 in Element79 Gold on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding Element79 Gold Corp or generate 0.0% return on investment in Element79 Gold over 360 days. Element79 Gold is related to or competes with Lincoln Gold. Element79 Gold Corp., a mineral exploration company, focuses on the acquisition, exploration, and development of gold as... More
Element79 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 Element79 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 Element79 Gold Corp upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Element79 Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Element79 Gold's standard deviation. In reality, there are many statistical measures that can use Element79 Gold historical prices to predict the future Element79 Gold's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Element79 Gold. Your research has to be compared to or analyzed against Element79 Gold's peers to derive any actionable benefits. When done correctly, Element79 Gold's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Element79 Gold Corp.
Element79 Gold Corp Backtested Returns
Element79 Gold Corp secures Sharpe Ratio (or Efficiency) of -0.0322, which denotes the company had a -0.0322 % return per unit of risk over the last 3 months. Element79 Gold Corp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Element79 Gold's Variance of 118.91, standard deviation of 10.9, and Mean Deviation of 7.7 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.68, which means possible diversification benefits within a given portfolio. As returns on the market increase, Element79 Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Element79 Gold is expected to be smaller as well. At this point, Element79 Gold Corp has a negative expected return of -0.31%. Please make sure to confirm Element79 Gold's information ratio, skewness, day typical price, as well as the relationship between the treynor ratio and daily balance of power , to decide if Element79 Gold Corp performance from the past will be repeated at some point in the near future.
Auto-correlation
-0.25
Weak reverse predictability
Element79 Gold Corp has weak reverse predictability. Overlapping area represents the amount of predictability between Element79 Gold time series from 1st of January 2025 to 30th of June 2025 and 30th of June 2025 to 27th 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 Element79 Gold Corp price movement. The serial correlation of -0.25 indicates that over 25.0% of current Element79 Gold price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.25
Spearman Rank Test
0.18
Residual Average
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Price Variance
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Element79 Gold Corp lagged returns against current returns
Autocorrelation, which is Element79 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 Element79 Gold's otc stock expected returns. We can calculate the autocorrelation of Element79 Gold returns to help us make a trade decision. For example, suppose you find that Element79 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
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Element79 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 Element79 Gold otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Element79 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 Element79 Gold otc stock over time.
Current vs Lagged Prices
Timeline
Element79 Gold Lagged Returns
When evaluating Element79 Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Element79 Gold otc stock have on its future price. Element79 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, Element79 Gold autocorrelation shows the relationship between Element79 Gold otc stock current value and its past values and can show if there is a momentum factor associated with investing in Element79 Gold Corp.
Other Information on Investing in Element79 OTC Stock
Element79 Gold financial ratios help investors to determine whether Element79 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 Element79 with respect to the benefits of owning Element79 Gold security.