Galleon Gold Corp Stock Market Value
| PNCKF Stock | USD 0.13 0.01 7.14% |
| Symbol | Galleon |
Galleon 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 Galleon Gold's pink sheet 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 Galleon Gold.
| 06/01/2024 |
| 11/28/2024 |
If you would invest 0.00 in Galleon Gold on June 1, 2024 and sell it all today you would earn a total of 0.00 from holding Galleon Gold Corp or generate 0.0% return on investment in Galleon Gold over 180 days. Galleon Gold is related to or competes with Aurion Resources, Rio2, Minera Alamos, I 80, Wesdome Gold, Gold Reserve, and Osisko Gold. Galleon Gold Corp. engages in acquiring, exploring, and developing mineral properties in Canada and the United States More
Galleon 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 Galleon Gold's pink sheet 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 Galleon Gold Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 9.08 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 30.08 | |||
| Value At Risk | (13.04) | |||
| Potential Upside | 10.0 |
Galleon Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Galleon Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Galleon Gold's standard deviation. In reality, there are many statistical measures that can use Galleon Gold historical prices to predict the future Galleon Gold's volatility.| Risk Adjusted Performance | 0.0183 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.86) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.086 |
Galleon Gold Corp Backtested Returns
At this point, Galleon Gold is out of control. Galleon Gold Corp holds Efficiency (Sharpe) Ratio of 0.0128, which attests that the entity had a 0.0128% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Galleon Gold Corp, which you can use to evaluate the volatility of the firm. Please check out Galleon Gold's Market Risk Adjusted Performance of 0.096, risk adjusted performance of 0.0183, and Downside Deviation of 9.08 to validate if the risk estimate we provide is consistent with the expected return of 0.0802%. Galleon Gold has a performance score of 1 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.77, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Galleon Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Galleon Gold is expected to be smaller as well. Galleon Gold Corp right now retains a risk of 6.28%. Please check out Galleon Gold treynor ratio and the relationship between the downside variance and day typical price , to decide if Galleon Gold will be following its current trending patterns.
Auto-correlation | -0.26 |
Weak reverse predictability
Galleon Gold Corp has weak reverse predictability. Overlapping area represents the amount of predictability between Galleon Gold time series from 1st of June 2024 to 30th of August 2024 and 30th of August 2024 to 28th 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 Galleon Gold Corp price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current Galleon Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Galleon Gold Corp lagged returns against current returns
Autocorrelation, which is Galleon Gold pink sheet'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 Galleon Gold's pink sheet expected returns. We can calculate the autocorrelation of Galleon Gold returns to help us make a trade decision. For example, suppose you find that Galleon Gold has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Galleon 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 Galleon Gold pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Galleon Gold pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Galleon Gold pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Galleon Gold Lagged Returns
When evaluating Galleon Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Galleon Gold pink sheet have on its future price. Galleon 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, Galleon Gold autocorrelation shows the relationship between Galleon Gold pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Galleon Gold Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Galleon Pink Sheet
Galleon Gold financial ratios help investors to determine whether Galleon Pink Sheet 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 Galleon with respect to the benefits of owning Galleon Gold security.