Rise Gold Corp Stock Market Value
| RYES Stock | USD 0.10 0.01 11.11% |
| Symbol | Rise |
Rise 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 Rise 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 Rise Gold.
| 02/29/2024 |
| 11/25/2024 |
If you would invest 0.00 in Rise Gold on February 29, 2024 and sell it all today you would earn a total of 0.00 from holding Rise Gold Corp or generate 0.0% return on investment in Rise Gold over 270 days. Rise Gold is related to or competes with Amarc Resources, Aftermath Silver, and Aurelia Metals. Rise Gold Corp. explores for mineral properties in the United States More
Rise 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 Rise 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 Rise Gold Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 16.59 | |||
| Information Ratio | 0.0074 | |||
| Maximum Drawdown | 83.85 | |||
| Value At Risk | (23.53) | |||
| Potential Upside | 29.41 |
Rise Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rise Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rise Gold's standard deviation. In reality, there are many statistical measures that can use Rise Gold historical prices to predict the future Rise Gold's volatility.| Risk Adjusted Performance | 0.0219 | |||
| Jensen Alpha | 0.0047 | |||
| Total Risk Alpha | (2.12) | |||
| Sortino Ratio | 0.0067 | |||
| Treynor Ratio | 0.1233 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Rise 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.
Rise Gold Corp Backtested Returns
Rise Gold appears to be out of control, given 3 months investment horizon. Rise Gold Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.035, which implies the firm had a 0.035% return per unit of risk over the last 3 months. By analyzing Rise Gold's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please evaluate Rise Gold's Semi Deviation of 10.7, coefficient of variation of 6182.76, and Risk Adjusted Performance of 0.0219 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Rise Gold holds a performance score of 2. The company holds a Beta of 1.88, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Rise Gold will likely underperform. Please check Rise Gold's downside variance, as well as the relationship between the daily balance of power and period momentum indicator , to make a quick decision on whether Rise Gold's historical price patterns will revert.
Auto-correlation | -0.41 |
Modest reverse predictability
Rise Gold Corp has modest reverse predictability. Overlapping area represents the amount of predictability between Rise Gold time series from 29th of February 2024 to 13th of July 2024 and 13th of July 2024 to 25th 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 Rise Gold Corp price movement. The serial correlation of -0.41 indicates that just about 41.0% of current Rise Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.41 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Rise Gold Corp lagged returns against current returns
Autocorrelation, which is Rise 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 Rise Gold's otc stock expected returns. We can calculate the autocorrelation of Rise Gold returns to help us make a trade decision. For example, suppose you find that Rise 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 |
Rise 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 Rise Gold otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rise 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 Rise Gold otc stock over time.
Current vs Lagged Prices |
| Timeline |
Rise Gold Lagged Returns
When evaluating Rise Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rise Gold otc stock have on its future price. Rise 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, Rise Gold autocorrelation shows the relationship between Rise Gold otc stock current value and its past values and can show if there is a momentum factor associated with investing in Rise Gold Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Rise OTC Stock Analysis
When running Rise Gold's price analysis, check to measure Rise 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 Rise Gold is operating at the current time. Most of Rise Gold's value examination focuses on studying past and present price action to predict the probability of Rise 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 Rise Gold's price. Additionally, you may evaluate how the addition of Rise Gold to your portfolios can decrease your overall portfolio volatility.