Goldon Resources Stock Market Value
| GLD Stock | CAD 0.09 0.01 10.00% |
| Symbol | GoldOn |
GoldOn Resources Price To Book Ratio
GoldOn 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 GoldOn 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 GoldOn Resources.
| 12/18/2025 |
| 01/17/2026 |
If you would invest 0.00 in GoldOn Resources on December 18, 2025 and sell it all today you would earn a total of 0.00 from holding GoldOn Resources or generate 0.0% return on investment in GoldOn Resources over 30 days. GoldOn Resources is related to or competes with Capella Minerals. GoldON Resources Ltd., an exploration stage company, engages in the exploration of mineral properties in Ontario, Canada More
GoldOn 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 GoldOn 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 GoldOn Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 13.42 | |||
| Information Ratio | 0.0999 | |||
| Maximum Drawdown | 51.52 | |||
| Value At Risk | (14.29) | |||
| Potential Upside | 16.67 |
GoldOn Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GoldOn Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GoldOn Resources' standard deviation. In reality, there are many statistical measures that can use GoldOn Resources historical prices to predict the future GoldOn Resources' volatility.| Risk Adjusted Performance | 0.086 | |||
| Jensen Alpha | 0.9499 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | 0.0689 | |||
| Treynor Ratio | 1.4 |
GoldOn Resources Backtested Returns
GoldOn Resources is out of control given 3 months investment horizon. GoldOn Resources holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11 % return per unit of risk over the last 3 months. We were able to interpolate twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.09% are justified by taking the suggested risk. Use GoldOn Resources Risk Adjusted Performance of 0.086, downside deviation of 13.42, and Market Risk Adjusted Performance of 1.41 to evaluate company specific risk that cannot be diversified away. GoldOn Resources holds a performance score of 9 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 0.73, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, GoldOn Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding GoldOn Resources is expected to be smaller as well. Use GoldOn Resources total risk alpha, expected short fall, period momentum indicator, as well as the relationship between the value at risk and daily balance of power , to analyze future returns on GoldOn Resources.
Auto-correlation | 0.45 |
Average predictability
GoldOn Resources has average predictability. Overlapping area represents the amount of predictability between GoldOn Resources time series from 18th of December 2025 to 2nd of January 2026 and 2nd of January 2026 to 17th 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 GoldOn Resources price movement. The serial correlation of 0.45 indicates that just about 45.0% of current GoldOn Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.45 | |
| Spearman Rank Test | 0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
GoldOn Resources lagged returns against current returns
Autocorrelation, which is GoldOn 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 GoldOn Resources' stock expected returns. We can calculate the autocorrelation of GoldOn Resources returns to help us make a trade decision. For example, suppose you find that GoldOn 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 |
GoldOn 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 GoldOn Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GoldOn Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GoldOn Resources stock over time.
Current vs Lagged Prices |
| Timeline |
GoldOn Resources Lagged Returns
When evaluating GoldOn Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GoldOn Resources stock have on its future price. GoldOn 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, GoldOn Resources autocorrelation shows the relationship between GoldOn Resources stock current value and its past values and can show if there is a momentum factor associated with investing in GoldOn Resources.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for GoldOn Stock Analysis
When running GoldOn Resources' price analysis, check to measure GoldOn 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 GoldOn Resources is operating at the current time. Most of GoldOn Resources' value examination focuses on studying past and present price action to predict the probability of GoldOn Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GoldOn Resources' price. Additionally, you may evaluate how the addition of GoldOn Resources to your portfolios can decrease your overall portfolio volatility.