Randgold Exploration Stock Market Value
| RNDXF Stock | USD 0.04 0.00 0.00% |
| Symbol | Randgold |
Randgold Exploration '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 Randgold Exploration'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 Randgold Exploration.
| 11/26/2025 |
| 12/26/2025 |
If you would invest 0.00 in Randgold Exploration on November 26, 2025 and sell it all today you would earn a total of 0.00 from holding Randgold Exploration or generate 0.0% return on investment in Randgold Exploration over 30 days. Randgold Exploration is related to or competes with Victoria Gold, Kenadyr Mining, and BMEX Gold. Randgold Exploration Company Limited operates as an investment and exploration company in the gold mining sector in Sout... More
Randgold Exploration 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 Randgold Exploration'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 Randgold Exploration upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.056 | |||
| Maximum Drawdown | 173.05 |
Randgold Exploration Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Randgold Exploration's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Randgold Exploration's standard deviation. In reality, there are many statistical measures that can use Randgold Exploration historical prices to predict the future Randgold Exploration's volatility.| Risk Adjusted Performance | 0.0518 | |||
| Jensen Alpha | 1.67 | |||
| Total Risk Alpha | (0.84) | |||
| Treynor Ratio | (0.20) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Randgold Exploration'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.
Randgold Exploration Backtested Returns
Randgold Exploration is out of control given 3 months investment horizon. Randgold Exploration maintains Sharpe Ratio (i.e., Efficiency) of 0.0608, which implies the firm had a 0.0608 % return per unit of risk over the last 3 months. We have analyzed and interpolated sixteen different technical indicators, which can help you to evaluate if expected returns of 1.28% are justified by taking the suggested risk. Use Randgold Exploration Risk Adjusted Performance of 0.0518, variance of 431.57, and Coefficient Of Variation of 1670.92 to evaluate company specific risk that cannot be diversified away. Randgold Exploration holds a performance score of 4 on a scale of zero to a hundred. The company holds a Beta of -6.21, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Randgold Exploration are expected to decrease by larger amounts. On the other hand, during market turmoil, Randgold Exploration is expected to outperform it. Use Randgold Exploration treynor ratio and day median price , to analyze future returns on Randgold Exploration.
Auto-correlation | 0.00 |
No correlation between past and present
Randgold Exploration has no correlation between past and present. Overlapping area represents the amount of predictability between Randgold Exploration time series from 26th of November 2025 to 11th of December 2025 and 11th of December 2025 to 26th of December 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 Randgold Exploration price movement. The serial correlation of 0.0 indicates that just 0.0% of current Randgold Exploration price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Randgold Exploration lagged returns against current returns
Autocorrelation, which is Randgold Exploration 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 Randgold Exploration's pink sheet expected returns. We can calculate the autocorrelation of Randgold Exploration returns to help us make a trade decision. For example, suppose you find that Randgold Exploration 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 |
Randgold Exploration 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 Randgold Exploration pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Randgold Exploration pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Randgold Exploration pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Randgold Exploration Lagged Returns
When evaluating Randgold Exploration's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Randgold Exploration pink sheet have on its future price. Randgold Exploration 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, Randgold Exploration autocorrelation shows the relationship between Randgold Exploration pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Randgold Exploration.
Regressed Prices |
| Timeline |
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Other Information on Investing in Randgold Pink Sheet
Randgold Exploration financial ratios help investors to determine whether Randgold 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 Randgold with respect to the benefits of owning Randgold Exploration security.