Revival Gold Stock Market Value
| RVG Stock | CAD 0.28 0.02 6.67% |
| Symbol | Revival |
Revival Gold Price To Book Ratio
Revival 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 Revival Gold's 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 Revival Gold.
| 12/29/2023 |
| 11/23/2024 |
If you would invest 0.00 in Revival Gold on December 29, 2023 and sell it all today you would earn a total of 0.00 from holding Revival Gold or generate 0.0% return on investment in Revival Gold over 330 days. Revival Gold is related to or competes with Integra Resources, Bluestone Resources, White Gold, Westhaven Ventures, and Liberty Gold. Revival Gold Inc. engages in the exploration and development of gold More
Revival 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 Revival Gold's 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 Revival Gold upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.62 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 17.61 | |||
| Value At Risk | (6.67) | |||
| Potential Upside | 7.14 |
Revival Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Revival Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Revival Gold's standard deviation. In reality, there are many statistical measures that can use Revival Gold historical prices to predict the future Revival Gold's volatility.| Risk Adjusted Performance | 0.016 | |||
| Jensen Alpha | 0.0699 | |||
| Total Risk Alpha | (0.67) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.12) |
Revival Gold Backtested Returns
Revival Gold maintains Sharpe Ratio (i.e., Efficiency) of -0.0021, which implies the firm had a -0.0021% return per unit of risk over the last 3 months. Revival Gold exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Revival Gold's Coefficient Of Variation of 9970.83, semi deviation of 3.59, and Risk Adjusted Performance of 0.016 to confirm the risk estimate we provide. The company holds a Beta of -0.29, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Revival Gold are expected to decrease at a much lower rate. During the bear market, Revival Gold is likely to outperform the market. At this point, Revival Gold has a negative expected return of -0.0094%. Please make sure to check Revival Gold's downside variance and the relationship between the kurtosis and period momentum indicator , to decide if Revival Gold performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.25 |
Poor predictability
Revival Gold has poor predictability. Overlapping area represents the amount of predictability between Revival Gold time series from 29th of December 2023 to 11th of June 2024 and 11th of June 2024 to 23rd 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 Revival Gold price movement. The serial correlation of 0.25 indicates that over 25.0% of current Revival Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Revival Gold lagged returns against current returns
Autocorrelation, which is Revival Gold 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 Revival Gold's stock expected returns. We can calculate the autocorrelation of Revival Gold returns to help us make a trade decision. For example, suppose you find that Revival Gold has exhibited high autocorrelation historically, and you observe that the 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 |
Revival 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 Revival Gold stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Revival Gold stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Revival Gold stock over time.
Current vs Lagged Prices |
| Timeline |
Revival Gold Lagged Returns
When evaluating Revival Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Revival Gold stock have on its future price. Revival 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, Revival Gold autocorrelation shows the relationship between Revival Gold stock current value and its past values and can show if there is a momentum factor associated with investing in Revival Gold.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Revival Stock Analysis
When running Revival Gold's price analysis, check to measure Revival Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Revival Gold is operating at the current time. Most of Revival Gold's value examination focuses on studying past and present price action to predict the probability of Revival Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Revival Gold's price. Additionally, you may evaluate how the addition of Revival Gold to your portfolios can decrease your overall portfolio volatility.