Japan Gold Corp Stock Market Value
| JG Stock | CAD 0.13 0.00 0.00% |
| Symbol | Japan |
Japan Gold Corp Price To Book Ratio
Japan 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 Japan Gold'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 Japan Gold.
| 01/04/2025 |
| 12/30/2025 |
If you would invest 0.00 in Japan Gold on January 4, 2025 and sell it all today you would earn a total of 0.00 from holding Japan Gold Corp or generate 0.0% return on investment in Japan Gold over 360 days. Japan Gold is related to or competes with Cassiar Gold, North Peak, Big Ridge, Gold Terra, Roscan Gold, and GFG Resources. Japan Gold Corp., a mineral exploration company, engages in the exploration and evaluation of mineral properties in Japa... More
Japan 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 Japan Gold'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 Japan Gold Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 43.48 | |||
| Value At Risk | (7.69) | |||
| Potential Upside | 8.33 |
Japan Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Japan Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Japan Gold's standard deviation. In reality, there are many statistical measures that can use Japan Gold historical prices to predict the future Japan Gold's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.90) | |||
| Total Risk Alpha | (1.69) | |||
| Treynor Ratio | 4.71 |
Japan Gold Corp Backtested Returns
At this stage we consider Japan Stock to be out of control. Japan Gold Corp holds Efficiency (Sharpe) Ratio of 0.0246, which attests that the entity had a 0.0246 % return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Japan Gold Corp, which you can use to evaluate the volatility of the firm. Please check out Japan Gold's Risk Adjusted Performance of (0.08), market risk adjusted performance of 4.72, and Standard Deviation of 7.29 to validate if the risk estimate we provide is consistent with the expected return of 0.12%. Japan Gold has a performance score of 1 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.19, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Japan Gold are expected to decrease at a much lower rate. During the bear market, Japan Gold is likely to outperform the market. Japan Gold Corp right now retains a risk of 5.07%. Please check out Japan Gold potential upside, as well as the relationship between the rate of daily change and relative strength index , to decide if Japan Gold will be following its current trending patterns.
Auto-correlation | 0.71 |
Good predictability
Japan Gold Corp has good predictability. Overlapping area represents the amount of predictability between Japan Gold time series from 4th of January 2025 to 3rd of July 2025 and 3rd of July 2025 to 30th 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 Japan Gold Corp price movement. The serial correlation of 0.71 indicates that around 71.0% of current Japan Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | 0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Japan Gold Corp lagged returns against current returns
Autocorrelation, which is Japan Gold 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 Japan Gold's stock expected returns. We can calculate the autocorrelation of Japan Gold returns to help us make a trade decision. For example, suppose you find that Japan Gold 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 |
Japan 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 Japan Gold stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Japan Gold stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Japan Gold stock over time.
Current vs Lagged Prices |
| Timeline |
Japan Gold Lagged Returns
When evaluating Japan Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Japan Gold stock have on its future price. Japan 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, Japan Gold autocorrelation shows the relationship between Japan Gold stock current value and its past values and can show if there is a momentum factor associated with investing in Japan Gold Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Japan Stock Analysis
When running Japan Gold's price analysis, check to measure Japan Gold'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 Japan Gold is operating at the current time. Most of Japan Gold's value examination focuses on studying past and present price action to predict the probability of Japan Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Japan Gold's price. Additionally, you may evaluate how the addition of Japan Gold to your portfolios can decrease your overall portfolio volatility.