Goldsands Dev Co Stock Market Value
Goldsands Dev's market value is the price at which a share of Goldsands Dev trades on a public exchange. It measures the collective expectations of Goldsands Dev Co investors about its performance. With this module, you can estimate the performance of a buy and hold strategy of Goldsands Dev Co and determine expected loss or profit from investing in Goldsands Dev over a given investment horizon. Check out Goldsands Dev Correlation, Goldsands Dev Volatility and Goldsands Dev Alpha and Beta module to complement your research on Goldsands Dev.
| Symbol | Goldsands |
Goldsands Dev '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 Goldsands Dev's pink sheet 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 Goldsands Dev.
| 05/28/2023 |
| 12/18/2024 |
If you would invest 0.00 in Goldsands Dev on May 28, 2023 and sell it all today you would earn a total of 0.00 from holding Goldsands Dev Co or generate 0.0% return on investment in Goldsands Dev over 570 days. Goldsands Dev is related to or competes with Franco Nevada, Royal Gold, Agnico Eagle, Pan American, and Sandstorm Gold. GoldSands Development Company engages in metal mining business More
Goldsands Dev 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 Goldsands Dev's pink sheet 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 Goldsands Dev Co upside and downside potential and time the market with a certain degree of confidence.
Goldsands Dev Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Goldsands Dev's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Goldsands Dev's standard deviation. In reality, there are many statistical measures that can use Goldsands Dev historical prices to predict the future Goldsands Dev's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Goldsands Dev'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.
Goldsands Dev Backtested Returns
We have found zero technical indicators for Goldsands Dev, 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 Goldsands Dev are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Goldsands Dev Co has no correlation between past and present. Overlapping area represents the amount of predictability between Goldsands Dev time series from 28th of May 2023 to 8th of March 2024 and 8th of March 2024 to 18th of December 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 Goldsands Dev price movement. The serial correlation of 0.0 indicates that just 0.0% of current Goldsands Dev price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Goldsands Dev lagged returns against current returns
Autocorrelation, which is Goldsands Dev pink sheet'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 Goldsands Dev's pink sheet expected returns. We can calculate the autocorrelation of Goldsands Dev returns to help us make a trade decision. For example, suppose you find that Goldsands Dev has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Goldsands Dev 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 Goldsands Dev pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Goldsands Dev pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Goldsands Dev pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Goldsands Dev Lagged Returns
When evaluating Goldsands Dev's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Goldsands Dev pink sheet have on its future price. Goldsands Dev 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, Goldsands Dev autocorrelation shows the relationship between Goldsands Dev pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Goldsands Dev Co.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Goldsands Pink Sheet
Goldsands Dev financial ratios help investors to determine whether Goldsands Pink Sheet 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 Goldsands with respect to the benefits of owning Goldsands Dev security.