St James Gold Stock Market Value
| LRDJF Stock | USD 0.06 0 1.72% |
| Symbol | LRDJF |
St James '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 St James' 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 St James.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in St James on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding St James Gold or generate 0.0% return on investment in St James over 30 days. St James is related to or competes with Aurion Resources, Liberty Gold, Orezone Gold, Fortuna Silver, Sandstorm Gold, and I 80. James Gold Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral reso... More
St James 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 St James' 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 St James Gold upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0474 | |||
| Maximum Drawdown | 50.6 | |||
| Value At Risk | (4.07) | |||
| Potential Upside | 13.84 |
St James Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for St James' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as St James' standard deviation. In reality, there are many statistical measures that can use St James historical prices to predict the future St James' volatility.| Risk Adjusted Performance | 0.0594 | |||
| Jensen Alpha | 0.2573 | |||
| Total Risk Alpha | (0.62) | |||
| Treynor Ratio | 0.2832 |
St James Gold Backtested Returns
At this point, St James is out of control. St James Gold retains Efficiency (Sharpe Ratio) of 2.0E-4, which indicates the firm had a 2.0E-4% return per unit of price deviation over the last 3 months. We have found twenty-one technical indicators for St James, which you can use to evaluate the volatility of the company. Please validate St James' Standard Deviation of 6.84, risk adjusted performance of 0.0594, and Mean Deviation of 2.69 to confirm if the risk estimate we provide is consistent with the expected return of 0.0013%. The entity owns a Beta (Systematic Risk) of 1.56, which indicates 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, St James will likely underperform. St James Gold currently owns a risk of 8.09%. Please validate St James Gold standard deviation, potential upside, day typical price, as well as the relationship between the jensen alpha and daily balance of power , to decide if St James Gold will be following its current price history.
Auto-correlation | 0.56 |
Modest predictability
St James Gold has modest predictability. Overlapping area represents the amount of predictability between St James time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 St James Gold price movement. The serial correlation of 0.56 indicates that roughly 56.0% of current St James price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.56 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
St James Gold lagged returns against current returns
Autocorrelation, which is St James 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 St James' otc stock expected returns. We can calculate the autocorrelation of St James returns to help us make a trade decision. For example, suppose you find that St James 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 |
St James 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 St James otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if St James otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in St James otc stock over time.
Current vs Lagged Prices |
| Timeline |
St James Lagged Returns
When evaluating St James' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of St James otc stock have on its future price. St James 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, St James autocorrelation shows the relationship between St James otc stock current value and its past values and can show if there is a momentum factor associated with investing in St James Gold.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in LRDJF OTC Stock
St James financial ratios help investors to determine whether LRDJF 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 LRDJF with respect to the benefits of owning St James security.