Roscan Gold Corp Stock Market Value
| RCGCF Stock | USD 0.04 0.0001 0.26% |
| Symbol | Roscan |
Roscan 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 Roscan Gold'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 Roscan Gold.
| 12/19/2024 |
| 01/18/2025 |
If you would invest 0.00 in Roscan Gold on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Roscan Gold Corp or generate 0.0% return on investment in Roscan Gold over 30 days. Roscan Gold is related to or competes with Aurion Resources, Minera Alamos, Rio2, Radisson Mining, Independence Gold, Asante Gold, and Bluestone Resources. Roscan Gold Corporation, an exploration stage company, engages in the acquisition, exploration, and development of gold ... More
Roscan 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 Roscan Gold'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 Roscan Gold Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 34.3 | |||
| Value At Risk | (11.76) | |||
| Potential Upside | 8.2 |
Roscan Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Roscan Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Roscan Gold's standard deviation. In reality, there are many statistical measures that can use Roscan Gold historical prices to predict the future Roscan Gold's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.66) | |||
| Total Risk Alpha | (0.80) | |||
| Treynor Ratio | (0.90) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Roscan Gold's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Roscan Gold Corp Backtested Returns
Roscan Gold Corp maintains Sharpe Ratio (i.e., Efficiency) of -0.1, which implies the firm had a -0.1% return per unit of risk over the last 3 months. Roscan Gold Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Roscan Gold's Risk Adjusted Performance of (0.07), coefficient of variation of (1,000), and Variance of 41.03 to confirm the risk estimate we provide. The company holds a Beta of 0.73, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Roscan Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Roscan Gold is expected to be smaller as well. At this point, Roscan Gold Corp has a negative expected return of -0.64%. Please make sure to check Roscan Gold's skewness and the relationship between the daily balance of power and period momentum indicator , to decide if Roscan Gold Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.13 |
Insignificant reverse predictability
Roscan Gold Corp has insignificant reverse predictability. Overlapping area represents the amount of predictability between Roscan Gold time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th 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 Roscan Gold Corp price movement. The serial correlation of -0.13 indicates that less than 13.0% of current Roscan Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | -0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Roscan Gold Corp lagged returns against current returns
Autocorrelation, which is Roscan Gold 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 Roscan Gold's otc stock expected returns. We can calculate the autocorrelation of Roscan Gold returns to help us make a trade decision. For example, suppose you find that Roscan Gold 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 |
Roscan 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 Roscan Gold otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Roscan Gold otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Roscan Gold otc stock over time.
Current vs Lagged Prices |
| Timeline |
Roscan Gold Lagged Returns
When evaluating Roscan Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Roscan Gold otc stock have on its future price. Roscan 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, Roscan Gold autocorrelation shows the relationship between Roscan Gold otc stock current value and its past values and can show if there is a momentum factor associated with investing in Roscan Gold Corp.
Regressed Prices |
| Timeline |
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Other Information on Investing in Roscan OTC Stock
Roscan Gold financial ratios help investors to determine whether Roscan 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 Roscan with respect to the benefits of owning Roscan Gold security.