Klondike Gold's market value is the price at which a share of Klondike Gold trades on a public exchange. It measures the collective expectations of Klondike Gold Corp investors about its performance. Klondike Gold is trading at 0.041 as of the 3rd of February 2025. This is a 18% down since the beginning of the trading day. The stock's lowest day price was 0.041. With this module, you can estimate the performance of a buy and hold strategy of Klondike Gold Corp and determine expected loss or profit from investing in Klondike Gold over a given investment horizon. Check out Klondike Gold Correlation, Klondike Gold Volatility and Klondike Gold Alpha and Beta module to complement your research on Klondike Gold.
Please note, there is a significant difference between Klondike Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Klondike Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Klondike Gold'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.
Klondike 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 Klondike Gold's 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 Klondike Gold.
0.00
01/04/2025
No Change 0.00
0.0
In 30 days
02/03/2025
0.00
If you would invest 0.00 in Klondike Gold on January 4, 2025 and sell it all today you would earn a total of 0.00 from holding Klondike Gold Corp or generate 0.0% return on investment in Klondike Gold over 30 days. Klondike Gold is related to or competes with Grande Portage, DRDGOLD Limited, Gold Resource, SSR Mining, and Cabral Gold. Klondike Gold Corp., a resource exploration company, engages in the acquisition, exploration, and development of mineral... More
Klondike 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 Klondike Gold's 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 Klondike Gold Corp upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Klondike Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Klondike Gold's standard deviation. In reality, there are many statistical measures that can use Klondike Gold historical prices to predict the future Klondike Gold's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Klondike Gold. Your research has to be compared to or analyzed against Klondike Gold's peers to derive any actionable benefits. When done correctly, Klondike Gold's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Klondike Gold Corp.
Klondike Gold Corp Backtested Returns
At this point, Klondike Gold is out of control. Klondike Gold Corp has Sharpe Ratio of close to zero, which conveys that the firm had a close to zero % return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Klondike Gold, which you can use to evaluate the volatility of the firm. Please verify Klondike Gold's Standard Deviation of 10.13, mean deviation of 5.07, and Risk Adjusted Performance of 0.0029 to check out if the risk estimate we provide is consistent with the expected return of 0.0085%. The company secures a Beta (Market Risk) of -1.01, which conveys a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Klondike Gold are expected to decrease slowly. On the other hand, during market turmoil, Klondike Gold is expected to outperform it slightly. Klondike Gold Corp right now secures a risk of 10.61%. Please verify Klondike Gold Corp value at risk, rate of daily change, relative strength index, as well as the relationship between the kurtosis and market facilitation index , to decide if Klondike Gold Corp will be following its current price movements.
Auto-correlation
0.06
Virtually no predictability
Klondike Gold Corp has virtually no predictability. Overlapping area represents the amount of predictability between Klondike Gold time series from 4th of January 2025 to 19th of January 2025 and 19th of January 2025 to 3rd of February 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 Klondike Gold Corp price movement. The serial correlation of 0.06 indicates that barely 6.0% of current Klondike Gold price fluctuation can be explain by its past prices.
Correlation Coefficient
0.06
Spearman Rank Test
0.33
Residual Average
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Price Variance
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Klondike Gold Corp lagged returns against current returns
Autocorrelation, which is Klondike Gold 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 Klondike Gold's otc stock expected returns. We can calculate the autocorrelation of Klondike Gold returns to help us make a trade decision. For example, suppose you find that Klondike Gold 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
Klondike 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 Klondike Gold otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Klondike Gold otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Klondike Gold otc stock over time.
Current vs Lagged Prices
Timeline
Klondike Gold Lagged Returns
When evaluating Klondike Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Klondike Gold otc stock have on its future price. Klondike 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, Klondike Gold autocorrelation shows the relationship between Klondike Gold otc stock current value and its past values and can show if there is a momentum factor associated with investing in Klondike Gold Corp.
Other Information on Investing in Klondike OTC Stock
Klondike Gold financial ratios help investors to determine whether Klondike 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 Klondike with respect to the benefits of owning Klondike Gold security.