Group Ten's market value is the price at which a share of Group Ten trades on a public exchange. It measures the collective expectations of Group Ten Metals investors about its performance. Group Ten is trading at 0.0903 as of the 19th of January 2025. This is a 0.33 percent increase since the beginning of the trading day. The stock's lowest day price was 0.0903. With this module, you can estimate the performance of a buy and hold strategy of Group Ten Metals and determine expected loss or profit from investing in Group Ten over a given investment horizon. Check out Group Ten Correlation, Group Ten Volatility and Group Ten Alpha and Beta module to complement your research on Group Ten.
Please note, there is a significant difference between Group Ten's value and its price as these two are different measures arrived at by different means. Investors typically determine if Group Ten is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Group Ten'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.
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.
0.00
12/20/2024
No Change 0.00
0.0
In 30 days
01/19/2025
0.00
If you would invest 0.00 in Group Ten on December 20, 2024 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 30 days. Group Ten is related to or competes with Prime Mining, Aurelia Metals, Azimut Exploration, Aftermath Silver, Eskay Mining, 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.
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.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Group Ten. Your research has to be compared to or analyzed against Group Ten's peers to derive any actionable benefits. When done correctly, Group Ten'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 Group Ten Metals.
Group Ten Metals Backtested Returns
Group Ten Metals holds Efficiency (Sharpe) Ratio of -0.0436, which attests that the entity had a -0.0436% return per unit of risk over the last 3 months. Group Ten Metals exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Group Ten's Downside Deviation of 11.04, market risk adjusted performance of 0.6249, and Risk Adjusted Performance of 0.0606 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.82, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Group Ten's returns are expected to increase less than the market. However, during the bear market, the loss of holding Group Ten is expected to be smaller as well. At this point, Group Ten Metals has a negative expected return of -0.32%. Please make sure to check out Group Ten's value at risk, as well as the relationship between the skewness and day typical price , to decide if Group Ten Metals performance from the past will be repeated at some point in the near future.
Auto-correlation
0.49
Average predictability
Group Ten Metals has average predictability. Overlapping area represents the amount of predictability between Group Ten time series from 20th of December 2024 to 4th of January 2025 and 4th of January 2025 to 19th of January 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 Group Ten Metals price movement. The serial correlation of 0.49 indicates that about 49.0% of current Group Ten price fluctuation can be explain by its past prices.
Correlation Coefficient
0.49
Spearman Rank Test
0.38
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.
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.