Fenixoro Gold Corp Stock Market Value
| FDVXF Stock | USD 0.05 0.05 4,900% |
| Symbol | FenixOro |
FenixOro 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 FenixOro Gold'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 FenixOro Gold.
| 01/08/2024 |
| 12/28/2025 |
If you would invest 0.00 in FenixOro Gold on January 8, 2024 and sell it all today you would earn a total of 0.00 from holding FenixOro Gold Corp or generate 0.0% return on investment in FenixOro Gold over 720 days. FenixOro Gold is related to or competes with Golden Sky, Trailbreaker Resources, and Outback Goldfields. FenixOro Gold Corp. engages in the evaluation, acquisition, and exploration of natural resource properties in Colombia a... More
FenixOro 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 FenixOro Gold'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 FenixOro Gold Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1206 | |||
| Maximum Drawdown | 4900.0 |
FenixOro Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FenixOro Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FenixOro Gold's standard deviation. In reality, there are many statistical measures that can use FenixOro Gold historical prices to predict the future FenixOro Gold's volatility.| Risk Adjusted Performance | 0.0947 | |||
| Jensen Alpha | 69.42 | |||
| Total Risk Alpha | 8.11 | |||
| Treynor Ratio | 1.61 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of FenixOro Gold's 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.
FenixOro Gold Corp Backtested Returns
FenixOro Gold is out of control given 3 months investment horizon. FenixOro Gold Corp secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the company had a 0.11 % return per unit of risk over the last 3 months. We have analyzed and interpolated twenty-two different technical indicators, which can help you to evaluate if expected returns of 13.95% are justified by taking the suggested risk. Use FenixOro Gold Standard Deviation of 603.46, mean deviation of 146.28, and Variance of 364161.83 to evaluate company specific risk that cannot be diversified away. FenixOro Gold holds a performance score of 8 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 45.3, 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, FenixOro Gold will likely underperform. Use FenixOro Gold information ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to analyze future returns on FenixOro Gold.
Auto-correlation | -0.35 |
Poor reverse predictability
FenixOro Gold Corp has poor reverse predictability. Overlapping area represents the amount of predictability between FenixOro Gold time series from 8th of January 2024 to 2nd of January 2025 and 2nd of January 2025 to 28th 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 FenixOro Gold Corp price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current FenixOro Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | -0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
FenixOro Gold Corp lagged returns against current returns
Autocorrelation, which is FenixOro Gold 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 FenixOro Gold's pink sheet expected returns. We can calculate the autocorrelation of FenixOro Gold returns to help us make a trade decision. For example, suppose you find that FenixOro Gold 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 |
FenixOro 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 FenixOro Gold pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FenixOro Gold pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FenixOro Gold pink sheet over time.
Current vs Lagged Prices |
| Timeline |
FenixOro Gold Lagged Returns
When evaluating FenixOro Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FenixOro Gold pink sheet have on its future price. FenixOro 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, FenixOro Gold autocorrelation shows the relationship between FenixOro Gold pink sheet current value and its past values and can show if there is a momentum factor associated with investing in FenixOro Gold Corp.
Regressed Prices |
| Timeline |
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Other Information on Investing in FenixOro Pink Sheet
FenixOro Gold financial ratios help investors to determine whether FenixOro 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 FenixOro with respect to the benefits of owning FenixOro Gold security.