I 80 Gold Corp Stock Market Value
| IAUX Stock | USD 0.65 0.02 2.99% |
| Symbol | IAUX |
I 80 Gold Price To Book Ratio
Is Diversified Metals & Mining 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 I 80. If investors know IAUX 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 I 80 listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.37) | Revenue Per Share 0.157 | Quarterly Revenue Growth (0.13) | Return On Assets (0.06) | Return On Equity (0.28) |
The market value of I 80 Gold is measured differently than its book value, which is the value of IAUX that is recorded on the company's balance sheet. Investors also form their own opinion of I 80's value that differs from its market value or its book value, called intrinsic value, which is I 80'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 I 80's market value can be influenced by many factors that don't directly affect I 80'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 I 80's value and its price as these two are different measures arrived at by different means. Investors typically determine if I 80 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, I 80'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.
I 80 '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 I 80'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 I 80.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in I 80 on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding I 80 Gold Corp or generate 0.0% return on investment in I 80 over 30 days. I 80 is related to or competes with K92 Mining, Wesdome Gold, Fortuna Silver, Sandstorm Gold, Osisko Development, Osisko Gold, and International Tower. i-80 Gold Corp., a mining company, engages in the exploration, development, and production of gold and silver mineral de... More
I 80 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 I 80'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 I 80 Gold Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 66.32 | |||
| Value At Risk | (4.72) | |||
| Potential Upside | 10.28 |
I 80 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for I 80's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as I 80's standard deviation. In reality, there are many statistical measures that can use I 80 historical prices to predict the future I 80's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (1.61) | |||
| Treynor Ratio | (0.12) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of I 80'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.
I 80 Gold Backtested Returns
I 80 Gold retains Efficiency (Sharpe Ratio) of -0.0191, which attests that the company had a -0.0191% return per unit of price deviation over the last 3 months. I 80 exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out I 80's Market Risk Adjusted Performance of (0.11), information ratio of (0.03), and Coefficient Of Variation of (7,060) to validate the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 1.19, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, I 80 will likely underperform. At this point, I 80 Gold has a negative expected return of -0.18%. Please make sure to check out I 80's total risk alpha, as well as the relationship between the kurtosis and market facilitation index , to decide if I 80 Gold performance from the past will be repeated sooner or later.
Auto-correlation | 0.18 |
Very weak predictability
I 80 Gold Corp has very weak predictability. Overlapping area represents the amount of predictability between I 80 time series from 24th of October 2024 to 8th of November 2024 and 8th of November 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 I 80 Gold price movement. The serial correlation of 0.18 indicates that over 18.0% of current I 80 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
I 80 Gold lagged returns against current returns
Autocorrelation, which is I 80 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 I 80's stock expected returns. We can calculate the autocorrelation of I 80 returns to help us make a trade decision. For example, suppose you find that I 80 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 |
I 80 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 I 80 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if I 80 stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in I 80 stock over time.
Current vs Lagged Prices |
| Timeline |
I 80 Lagged Returns
When evaluating I 80's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of I 80 stock have on its future price. I 80 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, I 80 autocorrelation shows the relationship between I 80 stock current value and its past values and can show if there is a momentum factor associated with investing in I 80 Gold Corp.
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.Additional Tools for IAUX Stock Analysis
When running I 80's price analysis, check to measure I 80's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy I 80 is operating at the current time. Most of I 80's value examination focuses on studying past and present price action to predict the probability of I 80's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move I 80's price. Additionally, you may evaluate how the addition of I 80 to your portfolios can decrease your overall portfolio volatility.