G2 Goldfields Stock Market Value
| GTWO Stock | 6.50 0.02 0.31% |
| Symbol | GTWO |
G2 Goldfields Price To Book Ratio
G2 Goldfields '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 G2 Goldfields' 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 G2 Goldfields.
| 06/28/2025 |
| 12/25/2025 |
If you would invest 0.00 in G2 Goldfields on June 28, 2025 and sell it all today you would earn a total of 0.00 from holding G2 Goldfields or generate 0.0% return on investment in G2 Goldfields over 180 days. G2 Goldfields is related to or competes with Galiano Gold, Res Robex, Trilogy Metals, Rio2, Orezone Gold, I 80, and Omai Gold. G2 Goldfields is entity of Canada. It is traded as Stock on TO exchange. More
G2 Goldfields 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 G2 Goldfields' 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 G2 Goldfields upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.38 | |||
| Information Ratio | 0.2244 | |||
| Maximum Drawdown | 20.75 | |||
| Value At Risk | (4.08) | |||
| Potential Upside | 6.71 |
G2 Goldfields Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for G2 Goldfields' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as G2 Goldfields' standard deviation. In reality, there are many statistical measures that can use G2 Goldfields historical prices to predict the future G2 Goldfields' volatility.| Risk Adjusted Performance | 0.1776 | |||
| Jensen Alpha | 0.896 | |||
| Total Risk Alpha | 0.6215 | |||
| Sortino Ratio | 0.2646 | |||
| Treynor Ratio | 0.9741 |
G2 Goldfields Backtested Returns
G2 Goldfields is slightly risky given 3 months investment horizon. G2 Goldfields retains Efficiency (Sharpe Ratio) of 0.27, which attests that the company had a 0.27 % return per unit of price deviation over the last 3 months. We were able to break down and interpolate data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.09% are justified by taking the suggested risk. Use G2 Goldfields Market Risk Adjusted Performance of 0.9841, semi deviation of 2.75, and Standard Deviation of 3.99 to evaluate company specific risk that cannot be diversified away. G2 Goldfields holds a performance score of 21 on a scale of zero to a hundred. The firm owns a Beta (Systematic Risk) of 0.98, which attests to possible diversification benefits within a given portfolio. G2 Goldfields returns are very sensitive to returns on the market. As the market goes up or down, G2 Goldfields is expected to follow. Use G2 Goldfields market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to analyze future returns on G2 Goldfields.
Auto-correlation | 0.65 |
Good predictability
G2 Goldfields has good predictability. Overlapping area represents the amount of predictability between G2 Goldfields time series from 28th of June 2025 to 26th of September 2025 and 26th of September 2025 to 25th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of G2 Goldfields price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current G2 Goldfields price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 0.28 |
G2 Goldfields lagged returns against current returns
Autocorrelation, which is G2 Goldfields 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 G2 Goldfields' stock expected returns. We can calculate the autocorrelation of G2 Goldfields returns to help us make a trade decision. For example, suppose you find that G2 Goldfields 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 |
G2 Goldfields 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 G2 Goldfields stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if G2 Goldfields stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in G2 Goldfields stock over time.
Current vs Lagged Prices |
| Timeline |
G2 Goldfields Lagged Returns
When evaluating G2 Goldfields' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of G2 Goldfields stock have on its future price. G2 Goldfields 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, G2 Goldfields autocorrelation shows the relationship between G2 Goldfields stock current value and its past values and can show if there is a momentum factor associated with investing in G2 Goldfields.
Regressed Prices |
| Timeline |
Pair Trading with G2 Goldfields
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if G2 Goldfields position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in G2 Goldfields will appreciate offsetting losses from the drop in the long position's value.Moving together with GTWO Stock
Moving against GTWO Stock
The ability to find closely correlated positions to G2 Goldfields could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace G2 Goldfields when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back G2 Goldfields - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling G2 Goldfields to buy it.
The correlation of G2 Goldfields is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as G2 Goldfields moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if G2 Goldfields moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for G2 Goldfields can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in GTWO Stock
G2 Goldfields financial ratios help investors to determine whether GTWO 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 GTWO with respect to the benefits of owning G2 Goldfields security.