Hawkeye Gold Diamond Stock Market Value
| HWKDF Stock | USD 0.04 0.00 0.00% |
| Symbol | Hawkeye |
Hawkeye Gold '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 Hawkeye Gold'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 Hawkeye Gold.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Hawkeye Gold on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Hawkeye Gold Diamond or generate 0.0% return on investment in Hawkeye Gold over 720 days. Hawkeye Gold is related to or competes with Star Royalties, Mirasol Resources, Defiance Silver, Silver Wolf, Denarius Silver, Gold79 Mines, and American Clean. Hawkeye Gold Diamond Inc., an exploration stage company, acquires, explores for, and develops natural resources in Canad... More
Hawkeye Gold 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 Hawkeye Gold'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 Hawkeye Gold Diamond upside and downside potential and time the market with a certain degree of confidence.
Hawkeye Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hawkeye Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hawkeye Gold's standard deviation. In reality, there are many statistical measures that can use Hawkeye Gold historical prices to predict the future Hawkeye Gold's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hawkeye Gold'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.
Hawkeye Gold Diamond Backtested Returns
We have found three technical indicators for Hawkeye Gold Diamond, 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 Hawkeye Gold are completely uncorrelated.
Auto-correlation | 0.61 |
Good predictability
Hawkeye Gold Diamond has good predictability. Overlapping area represents the amount of predictability between Hawkeye Gold time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th 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 Hawkeye Gold Diamond price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current Hawkeye Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.61 | |
| Spearman Rank Test | 0.86 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Hawkeye Gold Diamond lagged returns against current returns
Autocorrelation, which is Hawkeye Gold 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 Hawkeye Gold's pink sheet expected returns. We can calculate the autocorrelation of Hawkeye Gold returns to help us make a trade decision. For example, suppose you find that Hawkeye Gold 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 |
Hawkeye Gold 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 Hawkeye Gold pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hawkeye Gold pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hawkeye Gold pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Hawkeye Gold Lagged Returns
When evaluating Hawkeye Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hawkeye Gold pink sheet have on its future price. Hawkeye Gold 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, Hawkeye Gold autocorrelation shows the relationship between Hawkeye Gold pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Hawkeye Gold Diamond.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Hawkeye Pink Sheet
Hawkeye Gold financial ratios help investors to determine whether Hawkeye 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 Hawkeye with respect to the benefits of owning Hawkeye Gold security.