Flowery Gold Mines Stock Market Value
| FLOD Stock | USD 0.15 0.00 0.00% |
| Symbol | Flowery |
Flowery 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 Flowery 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 Flowery Gold.
| 12/06/2022 |
| 11/25/2024 |
If you would invest 0.00 in Flowery Gold on December 6, 2022 and sell it all today you would earn a total of 0.00 from holding Flowery Gold Mines or generate 0.0% return on investment in Flowery Gold over 720 days. Flowery Gold is related to or competes with Sealed Air, Stepan, Axalta Coating, Transportadora, Arq, Fluence Energy, and Air Products. Flowery Gold Mines Co. engages in the acquisition, exploration, and development of gold and other precious metals More
Flowery 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 Flowery 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 Flowery Gold Mines upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 33.57 |
Flowery Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Flowery Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Flowery Gold's standard deviation. In reality, there are many statistical measures that can use Flowery Gold historical prices to predict the future Flowery Gold's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.95) | |||
| Treynor Ratio | 0.2626 |
Flowery Gold Mines Backtested Returns
Flowery Gold Mines secures Sharpe Ratio (or Efficiency) of -0.1, which denotes the company had a -0.1% return per unit of risk over the last 3 months. Flowery Gold Mines exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Flowery Gold's Mean Deviation of 0.8813, variance of 13.22, and Standard Deviation of 3.64 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -1.44, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Flowery Gold are expected to decrease by larger amounts. On the other hand, during market turmoil, Flowery Gold is expected to outperform it. At this point, Flowery Gold Mines has a negative expected return of -0.37%. Please make sure to confirm Flowery Gold's variance, skewness, as well as the relationship between the Skewness and day typical price , to decide if Flowery Gold Mines performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.43 |
Average predictability
Flowery Gold Mines has average predictability. Overlapping area represents the amount of predictability between Flowery Gold time series from 6th of December 2022 to 1st of December 2023 and 1st of December 2023 to 25th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Flowery Gold Mines price movement. The serial correlation of 0.43 indicates that just about 43.0% of current Flowery Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Flowery Gold Mines lagged returns against current returns
Autocorrelation, which is Flowery 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 Flowery Gold's pink sheet expected returns. We can calculate the autocorrelation of Flowery Gold returns to help us make a trade decision. For example, suppose you find that Flowery 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 |
Flowery 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 Flowery Gold pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Flowery 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 Flowery Gold pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Flowery Gold Lagged Returns
When evaluating Flowery Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Flowery Gold pink sheet have on its future price. Flowery 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, Flowery Gold autocorrelation shows the relationship between Flowery Gold pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Flowery Gold Mines.
Regressed Prices |
| Timeline |
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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 Flowery Pink Sheet
Flowery Gold financial ratios help investors to determine whether Flowery 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 Flowery with respect to the benefits of owning Flowery Gold security.