Getchell Gold Corp Stock Market Value
| GGLDF Stock | USD 0.1 0.01 5.00% |
| Symbol | Getchell |
Getchell 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 Getchell Gold'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 Getchell Gold.
| 02/01/2024 |
| 11/27/2024 |
If you would invest 0.00 in Getchell Gold on February 1, 2024 and sell it all today you would earn a total of 0.00 from holding Getchell Gold Corp or generate 0.0% return on investment in Getchell Gold over 300 days. Getchell Gold is related to or competes with White Gold, Phenom Resources, Revival Gold, Omai Gold, Galiano Gold, B2Gold Corp, and Viva Gold. Getchell Gold Corp., a junior resource exploration company, engages in the identification, acquisition, exploration, and... More
Getchell 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 Getchell Gold'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 Getchell Gold Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.96 | |||
| Information Ratio | 0.0149 | |||
| Maximum Drawdown | 46.04 | |||
| Value At Risk | (9.91) | |||
| Potential Upside | 18.18 |
Getchell Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Getchell Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Getchell Gold's standard deviation. In reality, there are many statistical measures that can use Getchell Gold historical prices to predict the future Getchell Gold's volatility.| Risk Adjusted Performance | 0.0323 | |||
| Jensen Alpha | 0.4273 | |||
| Total Risk Alpha | (1.08) | |||
| Sortino Ratio | 0.0157 | |||
| Treynor Ratio | (0.16) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Getchell Gold's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Getchell Gold Corp Backtested Returns
At this point, Getchell Gold is out of control. Getchell Gold Corp holds Efficiency (Sharpe) Ratio of 0.0127, which attests that the entity had a 0.0127% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Getchell Gold Corp, which you can use to evaluate the volatility of the firm. Please check out Getchell Gold's Downside Deviation of 7.96, risk adjusted performance of 0.0323, and Market Risk Adjusted Performance of (0.15) to validate if the risk estimate we provide is consistent with the expected return of 0.11%. Getchell Gold has a performance score of 1 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -1.51, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Getchell Gold are expected to decrease by larger amounts. On the other hand, during market turmoil, Getchell Gold is expected to outperform it. Getchell Gold Corp right now retains a risk of 8.45%. Please check out Getchell Gold expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to decide if Getchell Gold will be following its current trending patterns.
Auto-correlation | -0.22 |
Weak reverse predictability
Getchell Gold Corp has weak reverse predictability. Overlapping area represents the amount of predictability between Getchell Gold 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 Getchell Gold Corp price movement. The serial correlation of -0.22 indicates that over 22.0% of current Getchell Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.22 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Getchell Gold Corp lagged returns against current returns
Autocorrelation, which is Getchell Gold 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 Getchell Gold's otc stock expected returns. We can calculate the autocorrelation of Getchell Gold returns to help us make a trade decision. For example, suppose you find that Getchell Gold 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 |
Getchell 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 Getchell Gold otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Getchell Gold otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Getchell Gold otc stock over time.
Current vs Lagged Prices |
| Timeline |
Getchell Gold Lagged Returns
When evaluating Getchell Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Getchell Gold otc stock have on its future price. Getchell 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, Getchell Gold autocorrelation shows the relationship between Getchell Gold otc stock current value and its past values and can show if there is a momentum factor associated with investing in Getchell Gold Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Getchell OTC Stock
Getchell Gold financial ratios help investors to determine whether Getchell 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 Getchell with respect to the benefits of owning Getchell Gold security.