Lupaka Gold Corp Stock Market Value
| LPK Stock | CAD 0.06 0.00 0.00% |
| Symbol | Lupaka |
Lupaka 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 Lupaka 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 Lupaka Gold.
| 12/07/2022 |
| 11/26/2024 |
If you would invest 0.00 in Lupaka Gold on December 7, 2022 and sell it all today you would earn a total of 0.00 from holding Lupaka Gold Corp or generate 0.0% return on investment in Lupaka Gold over 720 days. Lupaka Gold is related to or competes with Ramp Metals, Bip Investment, Canadian General, Falcon Energy, and Maple Leaf. Lupaka Gold Corp., together with its subsidiaries, engages in the acquisition, exploration, and development of mineral r... More
Lupaka 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 Lupaka 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 Lupaka Gold Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0549 | |||
| Maximum Drawdown | 45.0 | |||
| Potential Upside | 16.67 |
Lupaka Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lupaka Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lupaka Gold's standard deviation. In reality, there are many statistical measures that can use Lupaka Gold historical prices to predict the future Lupaka Gold's volatility.| Risk Adjusted Performance | 0.0661 | |||
| Jensen Alpha | 0.4097 | |||
| Total Risk Alpha | (0.56) | |||
| Treynor Ratio | 0.7846 |
Lupaka Gold Corp Backtested Returns
Lupaka Gold appears to be out of control, given 3 months investment horizon. Lupaka Gold Corp has Sharpe Ratio of 0.077, which conveys that the firm had a 0.077% return per unit of risk over the last 3 months. By analyzing Lupaka Gold's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please exercise Lupaka Gold's Risk Adjusted Performance of 0.0661, mean deviation of 2.68, and Standard Deviation of 6.62 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Lupaka Gold holds a performance score of 6. The company secures a Beta (Market Risk) of 0.62, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Lupaka Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lupaka Gold is expected to be smaller as well. Please check Lupaka Gold's jensen alpha, kurtosis, as well as the relationship between the Kurtosis and relative strength index , to make a quick decision on whether Lupaka Gold's current price movements will revert.
Auto-correlation | 0.15 |
Insignificant predictability
Lupaka Gold Corp has insignificant predictability. Overlapping area represents the amount of predictability between Lupaka Gold time series from 7th of December 2022 to 2nd of December 2023 and 2nd of December 2023 to 26th 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 Lupaka Gold Corp price movement. The serial correlation of 0.15 indicates that less than 15.0% of current Lupaka Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.15 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Lupaka Gold Corp lagged returns against current returns
Autocorrelation, which is Lupaka 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 Lupaka Gold's stock expected returns. We can calculate the autocorrelation of Lupaka Gold returns to help us make a trade decision. For example, suppose you find that Lupaka 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 |
Lupaka 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 Lupaka Gold stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lupaka Gold stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lupaka Gold stock over time.
Current vs Lagged Prices |
| Timeline |
Lupaka Gold Lagged Returns
When evaluating Lupaka Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lupaka Gold stock have on its future price. Lupaka 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, Lupaka Gold autocorrelation shows the relationship between Lupaka Gold stock current value and its past values and can show if there is a momentum factor associated with investing in Lupaka Gold Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Lupaka Stock Analysis
When running Lupaka Gold's price analysis, check to measure Lupaka 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 Lupaka Gold is operating at the current time. Most of Lupaka Gold's value examination focuses on studying past and present price action to predict the probability of Lupaka 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 Lupaka Gold's price. Additionally, you may evaluate how the addition of Lupaka Gold to your portfolios can decrease your overall portfolio volatility.