Galiano Gold Stock Market Value
| GAU Stock | USD 1.49 0.10 7.19% |
| Symbol | Galiano |
Galiano Gold Price To Book Ratio
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Galiano Gold. If investors know Galiano will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Galiano Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.92) | Revenue Per Share 0.687 | Return On Assets 0.0525 | Return On Equity (0) |
The market value of Galiano Gold is measured differently than its book value, which is the value of Galiano that is recorded on the company's balance sheet. Investors also form their own opinion of Galiano Gold's value that differs from its market value or its book value, called intrinsic value, which is Galiano Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Galiano Gold's market value can be influenced by many factors that don't directly affect Galiano Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Galiano Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Galiano Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Galiano 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.
Galiano 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 Galiano Gold'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 Galiano Gold.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Galiano Gold on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Galiano Gold or generate 0.0% return on investment in Galiano Gold over 720 days. Galiano Gold is related to or competes with Avino Silver, Americas Silver, Paramount Gold, Fury Gold, and Equinox Gold. Galiano Gold Inc. engages in the exploration, development, and production of gold properties More
Galiano 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 Galiano Gold'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 Galiano Gold upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 19.71 | |||
| Value At Risk | (4.47) | |||
| Potential Upside | 4.96 |
Galiano Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Galiano Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Galiano Gold's standard deviation. In reality, there are many statistical measures that can use Galiano Gold historical prices to predict the future Galiano Gold's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.58) | |||
| Treynor Ratio | 0.6476 |
Galiano Gold Backtested Returns
Galiano Gold holds Efficiency (Sharpe) Ratio of -0.009, which attests that the entity had a -0.009% return per unit of risk over the last 3 months. Galiano Gold exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Galiano Gold's Market Risk Adjusted Performance of 0.6576, standard deviation of 3.13, and Risk Adjusted Performance of (0.03) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.27, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Galiano Gold are expected to decrease at a much lower rate. During the bear market, Galiano Gold is likely to outperform the market. At this point, Galiano Gold has a negative expected return of -0.0296%. Please make sure to check out Galiano Gold's maximum drawdown, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Galiano Gold performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.51 |
Modest predictability
Galiano Gold has modest predictability. Overlapping area represents the amount of predictability between Galiano Gold time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd 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 Galiano Gold price movement. The serial correlation of 0.51 indicates that about 51.0% of current Galiano Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.51 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
Galiano Gold lagged returns against current returns
Autocorrelation, which is Galiano Gold 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 Galiano Gold's stock expected returns. We can calculate the autocorrelation of Galiano Gold returns to help us make a trade decision. For example, suppose you find that Galiano Gold 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 |
Galiano 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 Galiano Gold stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Galiano Gold stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Galiano Gold stock over time.
Current vs Lagged Prices |
| Timeline |
Galiano Gold Lagged Returns
When evaluating Galiano Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Galiano Gold stock have on its future price. Galiano 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, Galiano Gold autocorrelation shows the relationship between Galiano Gold stock current value and its past values and can show if there is a momentum factor associated with investing in Galiano Gold.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Galiano Stock Analysis
When running Galiano Gold's price analysis, check to measure Galiano Gold'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 Galiano Gold is operating at the current time. Most of Galiano Gold's value examination focuses on studying past and present price action to predict the probability of Galiano Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Galiano Gold's price. Additionally, you may evaluate how the addition of Galiano Gold to your portfolios can decrease your overall portfolio volatility.