Golden Independence Mining Stock Market Value
| GIDMF Stock | USD 1.37 0.04 3.01% |
| Symbol | Golden |
Golden Independence '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 Golden Independence'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 Golden Independence.
| 10/04/2025 |
| 01/02/2026 |
If you would invest 0.00 in Golden Independence on October 4, 2025 and sell it all today you would earn a total of 0.00 from holding Golden Independence Mining or generate 0.0% return on investment in Golden Independence over 90 days. Golden Independence is related to or competes with North Arrow, and Musk Metals. Golden Independence Mining Corp. engages in the acquisition and exploration of mineral property assets in Canada More
Golden Independence 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 Golden Independence'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 Golden Independence Mining upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 20.23 | |||
| Information Ratio | 0.1393 | |||
| Maximum Drawdown | 249.64 | |||
| Value At Risk | (16.36) | |||
| Potential Upside | 36.23 |
Golden Independence Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Golden Independence's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Golden Independence's standard deviation. In reality, there are many statistical measures that can use Golden Independence historical prices to predict the future Golden Independence's volatility.| Risk Adjusted Performance | 0.1093 | |||
| Jensen Alpha | 4.87 | |||
| Total Risk Alpha | 2.33 | |||
| Sortino Ratio | 0.2225 | |||
| Treynor Ratio | (0.70) |
Golden Independence Backtested Returns
Golden Independence is out of control given 3 months investment horizon. Golden Independence 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 have collected data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 4.54% are justified by taking the suggested risk. Use Golden Independence Mining Downside Deviation of 20.23, market risk adjusted performance of (0.69), and Risk Adjusted Performance of 0.1093 to evaluate company specific risk that cannot be diversified away. Golden Independence holds a performance score of 10 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -6.53, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Golden Independence are expected to decrease by larger amounts. On the other hand, during market turmoil, Golden Independence is expected to outperform it. Use Golden Independence Mining potential upside, daily balance of power, and the relationship between the treynor ratio and expected short fall , to analyze future returns on Golden Independence Mining.
Auto-correlation | 0.02 |
Virtually no predictability
Golden Independence Mining has virtually no predictability. Overlapping area represents the amount of predictability between Golden Independence time series from 4th of October 2025 to 18th of November 2025 and 18th of November 2025 to 2nd of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Golden Independence price movement. The serial correlation of 0.02 indicates that only 2.0% of current Golden Independence price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Golden Independence lagged returns against current returns
Autocorrelation, which is Golden Independence 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 Golden Independence's otc stock expected returns. We can calculate the autocorrelation of Golden Independence returns to help us make a trade decision. For example, suppose you find that Golden Independence 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 |
Golden Independence 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 Golden Independence otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Golden Independence otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Golden Independence otc stock over time.
Current vs Lagged Prices |
| Timeline |
Golden Independence Lagged Returns
When evaluating Golden Independence's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Golden Independence otc stock have on its future price. Golden Independence 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, Golden Independence autocorrelation shows the relationship between Golden Independence otc stock current value and its past values and can show if there is a momentum factor associated with investing in Golden Independence Mining.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Golden OTC Stock
Golden Independence financial ratios help investors to determine whether Golden 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 Golden with respect to the benefits of owning Golden Independence security.