Fremont Gold Stock Market Value
| FRERF Stock | USD 0.1 0.01 10.00% |
| Symbol | Fremont |
Fremont 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 Fremont 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 Fremont Gold.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Fremont Gold on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding Fremont Gold or generate 0.0% return on investment in Fremont Gold over 30 days. Fremont Gold is related to or competes with Rio2, Lion One, Norsemont Mining, Tudor Gold, Montage Gold, and Fosterville South. Fremont Gold Ltd., an exploration stage company, engages in the acquisition and exploration of mineral properties in the... More
Fremont 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 Fremont 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 Fremont Gold upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 19.62 | |||
| Information Ratio | 0.0698 | |||
| Maximum Drawdown | 67.94 | |||
| Value At Risk | (20.67) | |||
| Potential Upside | 21.95 |
Fremont Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fremont Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fremont Gold's standard deviation. In reality, there are many statistical measures that can use Fremont Gold historical prices to predict the future Fremont Gold's volatility.| Risk Adjusted Performance | 0.0716 | |||
| Jensen Alpha | 0.9073 | |||
| Total Risk Alpha | (0.89) | |||
| Sortino Ratio | 0.041 | |||
| Treynor Ratio | 6.4 |
Fremont Gold Backtested Returns
Fremont Gold appears to be out of control, given 3 months investment horizon. Fremont Gold secures Sharpe Ratio (or Efficiency) of 0.0541, which denotes the company had a 0.0541% return per unit of risk over the last 3 months. By reviewing Fremont Gold's technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please utilize Fremont Gold's Mean Deviation of 6.63, downside deviation of 19.62, and Coefficient Of Variation of 1232.25 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Fremont Gold holds a performance score of 4. The firm shows a Beta (market volatility) of 0.14, which means not very significant fluctuations relative to the market. As returns on the market increase, Fremont Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fremont Gold is expected to be smaller as well. Please check Fremont Gold's information ratio, downside variance, day typical price, as well as the relationship between the treynor ratio and kurtosis , to make a quick decision on whether Fremont Gold's price patterns will revert.
Auto-correlation | 0.30 |
Below average predictability
Fremont Gold has below average predictability. Overlapping area represents the amount of predictability between Fremont Gold time series from 25th of October 2024 to 9th of November 2024 and 9th of November 2024 to 24th 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 Fremont Gold price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current Fremont Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | -0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Fremont Gold lagged returns against current returns
Autocorrelation, which is Fremont 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 Fremont Gold's otc stock expected returns. We can calculate the autocorrelation of Fremont Gold returns to help us make a trade decision. For example, suppose you find that Fremont 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 |
| Timeline |
Fremont 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 Fremont Gold otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fremont 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 Fremont Gold otc stock over time.
Current vs Lagged Prices |
| Timeline |
Fremont Gold Lagged Returns
When evaluating Fremont Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fremont Gold otc stock have on its future price. Fremont 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, Fremont Gold autocorrelation shows the relationship between Fremont Gold otc stock current value and its past values and can show if there is a momentum factor associated with investing in Fremont Gold.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Fremont OTC Stock
Fremont Gold financial ratios help investors to determine whether Fremont 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 Fremont with respect to the benefits of owning Fremont Gold security.