Golden Phoenix Minrl Stock Market Value
| GPXM Stock | USD 0.0001 0.00 0.00% |
| Symbol | Golden |
Golden Phoenix Minrl Price To Book Ratio
Is Precious Metals & Minerals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Golden Phoenix. If investors know Golden will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Golden Phoenix listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Assets (1.77) |
The market value of Golden Phoenix Minrl is measured differently than its book value, which is the value of Golden that is recorded on the company's balance sheet. Investors also form their own opinion of Golden Phoenix's value that differs from its market value or its book value, called intrinsic value, which is Golden Phoenix's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Golden Phoenix's market value can be influenced by many factors that don't directly affect Golden Phoenix's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Golden Phoenix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Phoenix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Phoenix's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Golden Phoenix '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 Phoenix's 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 Phoenix.
| 09/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Golden Phoenix on September 24, 2024 and sell it all today you would earn a total of 0.00 from holding Golden Phoenix Minrl or generate 0.0% return on investment in Golden Phoenix over 60 days. Golden Phoenix Minerals, Inc. primarily focuses on the exploration and development of gold and silver mineral properties... More
Golden Phoenix 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 Phoenix's 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 Phoenix Minrl upside and downside potential and time the market with a certain degree of confidence.
Golden Phoenix Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Golden Phoenix's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Golden Phoenix's standard deviation. In reality, there are many statistical measures that can use Golden Phoenix historical prices to predict the future Golden Phoenix's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Golden Phoenix'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.
Golden Phoenix Minrl Backtested Returns
We have found three technical indicators for Golden Phoenix Minrl, which you can use to evaluate the volatility of the firm. The company retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and Golden Phoenix are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
Golden Phoenix Minrl has perfect predictability. Overlapping area represents the amount of predictability between Golden Phoenix time series from 24th of September 2024 to 24th of October 2024 and 24th of October 2024 to 23rd 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 Golden Phoenix Minrl price movement. The serial correlation of 1.0 indicates that 100.0% of current Golden Phoenix price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Golden Phoenix Minrl lagged returns against current returns
Autocorrelation, which is Golden Phoenix 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 Phoenix's stock expected returns. We can calculate the autocorrelation of Golden Phoenix returns to help us make a trade decision. For example, suppose you find that Golden Phoenix 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 |
Golden Phoenix 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 Phoenix stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Golden Phoenix stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Golden Phoenix stock over time.
Current vs Lagged Prices |
| Timeline |
Golden Phoenix Lagged Returns
When evaluating Golden Phoenix's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Golden Phoenix stock have on its future price. Golden Phoenix 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 Phoenix autocorrelation shows the relationship between Golden Phoenix stock current value and its past values and can show if there is a momentum factor associated with investing in Golden Phoenix Minrl.
Regressed Prices |
| Timeline |
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Golden Phoenix technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.