Group Ten Metals Stock Market Value
| PGEZF Stock | USD 0.11 0.01 10.00% |
| Symbol | Group |
Group Ten '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 Group Ten'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 Group Ten.
| 05/07/2023 |
| 11/27/2024 |
If you would invest 0.00 in Group Ten on May 7, 2023 and sell it all today you would earn a total of 0.00 from holding Group Ten Metals or generate 0.0% return on investment in Group Ten over 570 days. Group Ten is related to or competes with Prime Mining, Aurelia Metals, Azimut Exploration, Aftermath Silver, Premium Nickel, and Freegold Ventures. Stillwater Critical Minerals Corp., a mineral exploration company, engages in the acquisition, exploration, and developm... More
Group Ten 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 Group Ten'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 Group Ten Metals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 10.67 | |||
| Information Ratio | 0.0215 | |||
| Maximum Drawdown | 44.29 | |||
| Value At Risk | (11.11) | |||
| Potential Upside | 12.5 |
Group Ten Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Group Ten's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Group Ten's standard deviation. In reality, there are many statistical measures that can use Group Ten historical prices to predict the future Group Ten's volatility.| Risk Adjusted Performance | 0.0379 | |||
| Jensen Alpha | 0.4567 | |||
| Total Risk Alpha | (0.93) | |||
| Sortino Ratio | 0.0158 | |||
| Treynor Ratio | (0.20) |
Group Ten Metals Backtested Returns
Group Ten appears to be out of control, given 3 months investment horizon. Group Ten Metals holds Efficiency (Sharpe) Ratio of 0.0577, which attests that the entity had a 0.0577% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Group Ten Metals, which you can use to evaluate the volatility of the firm. Please utilize Group Ten's Market Risk Adjusted Performance of (0.19), downside deviation of 10.67, and Risk Adjusted Performance of 0.0379 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Group Ten holds a performance score of 4. The company retains a Market Volatility (i.e., Beta) of -1.42, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Group Ten are expected to decrease by larger amounts. On the other hand, during market turmoil, Group Ten is expected to outperform it. Please check Group Ten's value at risk, as well as the relationship between the skewness and day median price , to make a quick decision on whether Group Ten's current trending patterns will revert.
Auto-correlation | 0.15 |
Insignificant predictability
Group Ten Metals has insignificant predictability. Overlapping area represents the amount of predictability between Group Ten time series from 7th of May 2023 to 16th of February 2024 and 16th of February 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 Group Ten Metals price movement. The serial correlation of 0.15 indicates that less than 15.0% of current Group Ten price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.15 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Group Ten Metals lagged returns against current returns
Autocorrelation, which is Group Ten 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 Group Ten's otc stock expected returns. We can calculate the autocorrelation of Group Ten returns to help us make a trade decision. For example, suppose you find that Group Ten 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 |
Group Ten 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 Group Ten otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Group Ten otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Group Ten otc stock over time.
Current vs Lagged Prices |
| Timeline |
Group Ten Lagged Returns
When evaluating Group Ten's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Group Ten otc stock have on its future price. Group Ten 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, Group Ten autocorrelation shows the relationship between Group Ten otc stock current value and its past values and can show if there is a momentum factor associated with investing in Group Ten Metals.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Group OTC Stock
Group Ten financial ratios help investors to determine whether Group 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 Group with respect to the benefits of owning Group Ten security.