Evergold Corp Stock Market Value
| EVER Stock | CAD 0.37 0.02 5.13% |
| Symbol | Evergold |
Evergold Corp Price To Book Ratio
Evergold Corp '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 Evergold Corp'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 Evergold Corp.
| 01/21/2025 |
| 01/16/2026 |
If you would invest 0.00 in Evergold Corp on January 21, 2025 and sell it all today you would earn a total of 0.00 from holding Evergold Corp or generate 0.0% return on investment in Evergold Corp over 360 days. Evergold Corp is related to or competes with Gamma Resources, Silver Spruce, and K9 Gold. Evergold Corp. engages in the acquisition, exploration, and development of mineral properties in Canada More
Evergold Corp 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 Evergold Corp'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 Evergold Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 9.46 | |||
| Information Ratio | 0.0669 | |||
| Maximum Drawdown | 89.29 | |||
| Value At Risk | (12.90) | |||
| Potential Upside | 17.24 |
Evergold Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Evergold Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Evergold Corp's standard deviation. In reality, there are many statistical measures that can use Evergold Corp historical prices to predict the future Evergold Corp's volatility.| Risk Adjusted Performance | 0.0619 | |||
| Jensen Alpha | 0.7263 | |||
| Total Risk Alpha | (0.85) | |||
| Sortino Ratio | 0.0879 | |||
| Treynor Ratio | 0.4527 |
Evergold Corp Backtested Returns
Evergold Corp appears to be out of control, given 3 months investment horizon. Evergold Corp secures Sharpe Ratio (or Efficiency) of 0.0735, which denotes the company had a 0.0735 % return per unit of risk over the last 3 months. By reviewing Evergold Corp's technical indicators, you can evaluate if the expected return of 0.93% is justified by implied risk. Please utilize Evergold Corp's Downside Deviation of 9.46, mean deviation of 7.42, and Coefficient Of Variation of 1321.63 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Evergold Corp holds a performance score of 5. The firm shows a Beta (market volatility) of 2.06, 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, Evergold Corp will likely underperform. Please check Evergold Corp's coefficient of variation, jensen alpha, and the relationship between the downside deviation and information ratio , to make a quick decision on whether Evergold Corp's price patterns will revert.
Auto-correlation | 0.22 |
Weak predictability
Evergold Corp has weak predictability. Overlapping area represents the amount of predictability between Evergold Corp time series from 21st of January 2025 to 20th of July 2025 and 20th of July 2025 to 16th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Evergold Corp price movement. The serial correlation of 0.22 indicates that over 22.0% of current Evergold Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Evergold Corp lagged returns against current returns
Autocorrelation, which is Evergold Corp 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 Evergold Corp's stock expected returns. We can calculate the autocorrelation of Evergold Corp returns to help us make a trade decision. For example, suppose you find that Evergold Corp 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 |
Evergold Corp 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 Evergold Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Evergold Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Evergold Corp stock over time.
Current vs Lagged Prices |
| Timeline |
Evergold Corp Lagged Returns
When evaluating Evergold Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Evergold Corp stock have on its future price. Evergold Corp 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, Evergold Corp autocorrelation shows the relationship between Evergold Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Evergold Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Evergold Stock Analysis
When running Evergold Corp's price analysis, check to measure Evergold Corp'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 Evergold Corp is operating at the current time. Most of Evergold Corp's value examination focuses on studying past and present price action to predict the probability of Evergold Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Evergold Corp's price. Additionally, you may evaluate how the addition of Evergold Corp to your portfolios can decrease your overall portfolio volatility.