Greenland Minerals And Stock Market Value
| GDLNF Stock | USD 0.02 0.01 100.00% |
| Symbol | Greenland |
Greenland Minerals '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 Greenland Minerals' 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 Greenland Minerals.
| 02/01/2024 |
| 11/27/2024 |
If you would invest 0.00 in Greenland Minerals on February 1, 2024 and sell it all today you would earn a total of 0.00 from holding Greenland Minerals And or generate 0.0% return on investment in Greenland Minerals over 300 days. Greenland Minerals is related to or competes with Ameriwest Lithium, and Osisko Metals. Greenland Minerals Limited engages in the mineral exploration and evaluation activities in Australia More
Greenland Minerals 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 Greenland Minerals' 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 Greenland Minerals And upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 42.95 | |||
| Information Ratio | 0.1672 | |||
| Maximum Drawdown | 150.0 | |||
| Value At Risk | (50.00) | |||
| Potential Upside | 100.0 |
Greenland Minerals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Greenland Minerals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Greenland Minerals' standard deviation. In reality, there are many statistical measures that can use Greenland Minerals historical prices to predict the future Greenland Minerals' volatility.| Risk Adjusted Performance | 0.1402 | |||
| Jensen Alpha | 7.14 | |||
| Total Risk Alpha | 0.4966 | |||
| Sortino Ratio | 0.1513 | |||
| Treynor Ratio | (1.53) |
Greenland Minerals And Backtested Returns
Greenland Minerals is out of control given 3 months investment horizon. Greenland Minerals And holds Efficiency (Sharpe) Ratio of 0.16, which attests that the entity had a 0.16% return per unit of risk over the last 3 months. We were able to interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 6.46% are justified by taking the suggested risk. Use Greenland Minerals And Downside Deviation of 42.95, risk adjusted performance of 0.1402, and Market Risk Adjusted Performance of (1.52) to evaluate company specific risk that cannot be diversified away. Greenland Minerals holds a performance score of 12 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -4.33, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Greenland Minerals are expected to decrease by larger amounts. On the other hand, during market turmoil, Greenland Minerals is expected to outperform it. Use Greenland Minerals And information ratio, downside variance, day typical price, as well as the relationship between the treynor ratio and kurtosis , to analyze future returns on Greenland Minerals And.
Auto-correlation | -0.03 |
Very weak reverse predictability
Greenland Minerals And has very weak reverse predictability. Overlapping area represents the amount of predictability between Greenland Minerals time series from 1st of February 2024 to 30th of June 2024 and 30th of June 2024 to 27th 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 Greenland Minerals And price movement. The serial correlation of -0.03 indicates that only 3.0% of current Greenland Minerals price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.03 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Greenland Minerals And lagged returns against current returns
Autocorrelation, which is Greenland Minerals 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 Greenland Minerals' pink sheet expected returns. We can calculate the autocorrelation of Greenland Minerals returns to help us make a trade decision. For example, suppose you find that Greenland Minerals 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 |
Greenland Minerals 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 Greenland Minerals pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Greenland Minerals pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Greenland Minerals pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Greenland Minerals Lagged Returns
When evaluating Greenland Minerals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Greenland Minerals pink sheet have on its future price. Greenland Minerals 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, Greenland Minerals autocorrelation shows the relationship between Greenland Minerals pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Greenland Minerals And.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Greenland Pink Sheet
Greenland Minerals financial ratios help investors to determine whether Greenland 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 Greenland with respect to the benefits of owning Greenland Minerals security.