Gfg Resources Stock Market Value
| GFG Stock | CAD 0.14 0.00 0.00% |
| Symbol | GFG |
GFG Resources Price To Book Ratio
GFG Resources '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 GFG Resources' 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 GFG Resources.
| 06/09/2024 |
| 12/31/2025 |
If you would invest 0.00 in GFG Resources on June 9, 2024 and sell it all today you would earn a total of 0.00 from holding GFG Resources or generate 0.0% return on investment in GFG Resources over 570 days. GFG Resources is related to or competes with Cassiar Gold, North Peak, Big Ridge, Kirkland Lake, Japan Gold, Velocity Minerals, and Grande Portage. GFG Resources Inc. acquires, explores for, and develops gold properties in Canada and the United States More
GFG Resources 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 GFG Resources' 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 GFG Resources upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 25.83 | |||
| Value At Risk | (6.25) | |||
| Potential Upside | 6.67 |
GFG Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GFG Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GFG Resources' standard deviation. In reality, there are many statistical measures that can use GFG Resources historical prices to predict the future GFG Resources' volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.47) | |||
| Treynor Ratio | (0.13) |
GFG Resources Backtested Returns
GFG Resources holds Efficiency (Sharpe) Ratio of -0.0379, which attests that the entity had a -0.0379 % return per unit of return volatility over the last 3 months. GFG Resources exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GFG Resources' Risk Adjusted Performance of (0.02), coefficient of variation of (3,011), and Market Risk Adjusted Performance of (0.12) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 1.03, which attests to a somewhat significant risk relative to the market. GFG Resources returns are very sensitive to returns on the market. As the market goes up or down, GFG Resources is expected to follow. At this point, GFG Resources has a negative expected return of -0.15%. Please make sure to check out GFG Resources' jensen alpha, as well as the relationship between the skewness and day typical price , to decide if GFG Resources performance from the past will be repeated in the future.
Auto-correlation | -0.84 |
Excellent reverse predictability
GFG Resources has excellent reverse predictability. Overlapping area represents the amount of predictability between GFG Resources time series from 9th of June 2024 to 21st of March 2025 and 21st of March 2025 to 31st of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of GFG Resources price movement. The serial correlation of -0.84 indicates that around 84.0% of current GFG Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.84 | |
| Spearman Rank Test | -0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
GFG Resources lagged returns against current returns
Autocorrelation, which is GFG Resources 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 GFG Resources' stock expected returns. We can calculate the autocorrelation of GFG Resources returns to help us make a trade decision. For example, suppose you find that GFG Resources 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 |
GFG Resources 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 GFG Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GFG Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GFG Resources stock over time.
Current vs Lagged Prices |
| Timeline |
GFG Resources Lagged Returns
When evaluating GFG Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GFG Resources stock have on its future price. GFG Resources 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, GFG Resources autocorrelation shows the relationship between GFG Resources stock current value and its past values and can show if there is a momentum factor associated with investing in GFG Resources.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for GFG Stock Analysis
When running GFG Resources' price analysis, check to measure GFG Resources' 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 GFG Resources is operating at the current time. Most of GFG Resources' value examination focuses on studying past and present price action to predict the probability of GFG Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GFG Resources' price. Additionally, you may evaluate how the addition of GFG Resources to your portfolios can decrease your overall portfolio volatility.