Solstice Gold Corp Stock Market Value
| SGCPF Stock | USD 0.02 0.01 225.86% |
| Symbol | Solstice |
Solstice 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 Solstice 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 Solstice Gold.
| 03/05/2024 |
| 11/30/2024 |
If you would invest 0.00 in Solstice Gold on March 5, 2024 and sell it all today you would earn a total of 0.00 from holding Solstice Gold Corp or generate 0.0% return on investment in Solstice Gold over 270 days. Solstice Gold is related to or competes with Aurion Resources, Rio2, and Grande Portage. Solstice Gold Corp. engages in the exploration of mineral resource properties in Canada More
Solstice 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 Solstice 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 Solstice Gold Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 36.33 | |||
| Information Ratio | 0.103 | |||
| Maximum Drawdown | 225.86 | |||
| Value At Risk | (32.00) | |||
| Potential Upside | 50.0 |
Solstice Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Solstice Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Solstice Gold's standard deviation. In reality, there are many statistical measures that can use Solstice Gold historical prices to predict the future Solstice Gold's volatility.| Risk Adjusted Performance | 0.0915 | |||
| Jensen Alpha | 3.01 | |||
| Total Risk Alpha | (2.13) | |||
| Sortino Ratio | 0.1001 | |||
| Treynor Ratio | 0.6388 |
Solstice Gold Corp Backtested Returns
Solstice Gold is out of control given 3 months investment horizon. Solstice Gold Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. We were able to interpolate data for thirty different technical indicators, which can help you to evaluate if expected returns of 3.89% are justified by taking the suggested risk. Use Solstice Gold Corp Semi Deviation of 12.15, coefficient of variation of 935.67, and Risk Adjusted Performance of 0.0915 to evaluate company specific risk that cannot be diversified away. Solstice Gold holds a performance score of 8 on a scale of zero to a hundred. The entity has a beta of 5.89, which indicates 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, Solstice Gold will likely underperform. Use Solstice Gold Corp treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to analyze future returns on Solstice Gold Corp.
Auto-correlation | 0.33 |
Below average predictability
Solstice Gold Corp has below average predictability. Overlapping area represents the amount of predictability between Solstice Gold time series from 5th of March 2024 to 18th of July 2024 and 18th of July 2024 to 30th 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 Solstice Gold Corp price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Solstice Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Solstice Gold Corp lagged returns against current returns
Autocorrelation, which is Solstice 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 Solstice Gold's pink sheet expected returns. We can calculate the autocorrelation of Solstice Gold returns to help us make a trade decision. For example, suppose you find that Solstice 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 |
Solstice 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 Solstice Gold pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Solstice 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 Solstice Gold pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Solstice Gold Lagged Returns
When evaluating Solstice Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Solstice Gold pink sheet have on its future price. Solstice 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, Solstice Gold autocorrelation shows the relationship between Solstice Gold pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Solstice Gold Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Solstice Pink Sheet
Solstice Gold financial ratios help investors to determine whether Solstice 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 Solstice with respect to the benefits of owning Solstice Gold security.