Gold Reserve Stock Market Value
| GDRZF Stock | USD 2.08 0.08 4.00% |
| Symbol | Gold |
Gold Reserve '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 Gold Reserve'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 Gold Reserve.
| 12/05/2022 |
| 11/24/2024 |
If you would invest 0.00 in Gold Reserve on December 5, 2022 and sell it all today you would earn a total of 0.00 from holding Gold Reserve or generate 0.0% return on investment in Gold Reserve over 720 days. Gold Reserve is related to or competes with Lundin Gold, Liberty Gold, Minera Alamos, Aurion Resources, Minaurum Gold, Rio2, and Wesdome Gold. Gold Reserve Inc., an exploration stage company, acquires, explores, and develops mining properties More
Gold Reserve 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 Gold Reserve'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 Gold Reserve upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 43.74 | |||
| Value At Risk | (10.17) | |||
| Potential Upside | 12.35 |
Gold Reserve Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gold Reserve's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gold Reserve's standard deviation. In reality, there are many statistical measures that can use Gold Reserve historical prices to predict the future Gold Reserve's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.45) | |||
| Total Risk Alpha | (1.87) | |||
| Treynor Ratio | 0.3902 |
Gold Reserve Backtested Returns
Gold Reserve holds Efficiency (Sharpe) Ratio of -0.0775, which attests that the entity had a -0.0775% return per unit of risk over the last 3 months. Gold Reserve exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gold Reserve's Market Risk Adjusted Performance of 0.4002, standard deviation of 7.75, and Risk Adjusted Performance of (0.05) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -1.66, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Gold Reserve are expected to decrease by larger amounts. On the other hand, during market turmoil, Gold Reserve is expected to outperform it. At this point, Gold Reserve has a negative expected return of -0.61%. Please make sure to check out Gold Reserve's value at risk, as well as the relationship between the daily balance of power and price action indicator , to decide if Gold Reserve performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.24 |
Weak predictability
Gold Reserve has weak predictability. Overlapping area represents the amount of predictability between Gold Reserve time series from 5th of December 2022 to 30th of November 2023 and 30th of November 2023 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 Gold Reserve price movement. The serial correlation of 0.24 indicates that over 24.0% of current Gold Reserve price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.24 | |
| Spearman Rank Test | 0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.48 |
Gold Reserve lagged returns against current returns
Autocorrelation, which is Gold Reserve 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 Gold Reserve's otc stock expected returns. We can calculate the autocorrelation of Gold Reserve returns to help us make a trade decision. For example, suppose you find that Gold Reserve 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 |
Gold Reserve 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 Gold Reserve otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gold Reserve otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gold Reserve otc stock over time.
Current vs Lagged Prices |
| Timeline |
Gold Reserve Lagged Returns
When evaluating Gold Reserve's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gold Reserve otc stock have on its future price. Gold Reserve 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, Gold Reserve autocorrelation shows the relationship between Gold Reserve otc stock current value and its past values and can show if there is a momentum factor associated with investing in Gold Reserve.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Gold OTC Stock
Gold Reserve financial ratios help investors to determine whether Gold 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 Gold with respect to the benefits of owning Gold Reserve security.