G2 Goldfields Stock Market Value
| GUYGF Stock | USD 1.48 0.03 2.07% |
| Symbol | GUYGF |
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' 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 G2 Goldfields.
| 12/06/2022 |
| 11/25/2024 |
If you would invest 0.00 in G2 Goldfields on December 6, 2022 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 720 days. G2 Goldfields is related to or competes with Aurion Resources, Liberty Gold, Orezone Gold, Radisson Mining, Predictive Discovery, Fortuna Silver, and Sandstorm Gold. G2 Goldfields Inc. engages in the acquisition and exploration of gold deposits in Guiana 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' 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 G2 Goldfields upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.93 | |||
| Information Ratio | 0.0929 | |||
| Maximum Drawdown | 25.58 | |||
| Value At Risk | (5.29) | |||
| Potential Upside | 8.97 |
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 | 0.1019 | |||
| Jensen Alpha | 0.4912 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.1061 | |||
| Treynor Ratio | 1.4 |
G2 Goldfields Backtested Returns
G2 Goldfields appears to be dangerous, given 3 months investment horizon. G2 Goldfields retains Efficiency (Sharpe Ratio) of 0.13, which attests that the company had a 0.13% return per unit of price deviation over the last 3 months. By inspecting G2 Goldfields' technical indicators, you can evaluate if the expected return of 0.58% is justified by implied risk. Please utilize G2 Goldfields' Standard Deviation of 4.49, market risk adjusted performance of 1.41, and Semi Deviation of 3.49 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, G2 Goldfields holds a performance score of 10. The firm owns a Beta (Systematic Risk) of 0.38, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, G2 Goldfields' returns are expected to increase less than the market. However, during the bear market, the loss of holding G2 Goldfields is expected to be smaller as well. Please check G2 Goldfields' value at risk, daily balance of power, and the relationship between the total risk alpha and expected short fall , to make a quick decision on whether G2 Goldfields' current price history will revert.
Auto-correlation | 0.10 |
Insignificant predictability
G2 Goldfields has insignificant predictability. Overlapping area represents the amount of predictability between G2 Goldfields time series from 6th of December 2022 to 1st of December 2023 and 1st of December 2023 to 25th 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 G2 Goldfields price movement. The serial correlation of 0.1 indicates that less than 10.0% of current G2 Goldfields price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.1 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
G2 Goldfields lagged returns against current returns
Autocorrelation, which is G2 Goldfields 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 G2 Goldfields' otc 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 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 |
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 otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if G2 Goldfields otc 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 otc 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 otc 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 otc 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 |
Currently Active Assets on Macroaxis
Other Information on Investing in GUYGF OTC Stock
G2 Goldfields financial ratios help investors to determine whether GUYGF 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 GUYGF with respect to the benefits of owning G2 Goldfields security.