Gold Ent Group Stock Market Value
| GEGP Stock | USD 0.0002 0.0001 100.00% |
| Symbol | Gold |
Gold Ent '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 Ent'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 Gold Ent.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Gold Ent on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding Gold Ent Group or generate 0.0% return on investment in Gold Ent over 30 days. Gold Entertainment Group, Inc. does not have significant operations More
Gold Ent 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 Ent'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 Gold Ent Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 54.77 | |||
| Information Ratio | 0.1322 | |||
| Maximum Drawdown | 150.0 | |||
| Value At Risk | (50.00) | |||
| Potential Upside | 100.0 |
Gold Ent Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gold Ent's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gold Ent's standard deviation. In reality, there are many statistical measures that can use Gold Ent historical prices to predict the future Gold Ent's volatility.| Risk Adjusted Performance | 0.1141 | |||
| Jensen Alpha | 4.07 | |||
| Total Risk Alpha | (0.74) | |||
| Sortino Ratio | 0.0819 | |||
| Treynor Ratio | 1.04 |
Gold Ent Group Backtested Returns
Gold Ent is out of control given 3 months investment horizon. Gold Ent Group holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 4.62% are justified by taking the suggested risk. Use Gold Ent Group Risk Adjusted Performance of 0.1141, downside deviation of 54.77, and Market Risk Adjusted Performance of 1.05 to evaluate company specific risk that cannot be diversified away. Gold Ent holds a performance score of 10 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 4.44, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Gold Ent will likely underperform. Use Gold Ent Group sortino ratio and the relationship between the downside variance and period momentum indicator , to analyze future returns on Gold Ent Group.
Auto-correlation | -0.1 |
Very weak reverse predictability
Gold Ent Group has very weak reverse predictability. Overlapping area represents the amount of predictability between Gold Ent 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 Gold Ent Group price movement. The serial correlation of -0.1 indicates that less than 10.0% of current Gold Ent price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.1 | |
| Spearman Rank Test | 0.97 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Gold Ent Group lagged returns against current returns
Autocorrelation, which is Gold Ent 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 Gold Ent's pink sheet expected returns. We can calculate the autocorrelation of Gold Ent returns to help us make a trade decision. For example, suppose you find that Gold Ent 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 |
Gold Ent 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 Ent pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gold Ent pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gold Ent pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Gold Ent Lagged Returns
When evaluating Gold Ent's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gold Ent pink sheet have on its future price. Gold Ent 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 Ent autocorrelation shows the relationship between Gold Ent pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Gold Ent Group.
Regressed Prices |
| Timeline |
Additional Tools for Gold Pink Sheet Analysis
When running Gold Ent's price analysis, check to measure Gold Ent'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 Gold Ent is operating at the current time. Most of Gold Ent's value examination focuses on studying past and present price action to predict the probability of Gold Ent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gold Ent's price. Additionally, you may evaluate how the addition of Gold Ent to your portfolios can decrease your overall portfolio volatility.