Sutter Gold Mining Stock Market Value
SGMNF Stock | USD 0 0.00 0.00% |
Symbol | Sutter |
Sutter 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 Sutter 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 Sutter Gold.
11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Sutter Gold on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Sutter Gold Mining or generate 0.0% return on investment in Sutter Gold over 30 days. Sutter Gold is related to or competes with New Gold, Eldorado Gold, Kinross Gold, Harmony Gold, Coeur Mining, Gold Fields, and Newmont Goldcorp. Sutter Gold Mining Inc. explores, develops, and produces gold ores and mineral properties in the United States and Mexic... More
Sutter 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 Sutter 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 Sutter Gold Mining upside and downside potential and time the market with a certain degree of confidence.
Sutter Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sutter Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sutter Gold's standard deviation. In reality, there are many statistical measures that can use Sutter Gold historical prices to predict the future Sutter Gold's volatility.Sutter Gold Mining Backtested Returns
We have found three technical indicators for Sutter Gold Mining, which you can use to evaluate the volatility of the company. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Sutter Gold are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Sutter Gold Mining has no correlation between past and present. Overlapping area represents the amount of predictability between Sutter Gold time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th of December 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 Sutter Gold Mining price movement. The serial correlation of 0.0 indicates that just 0.0% of current Sutter Gold price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.0 | |
Spearman Rank Test | 1.0 | |
Residual Average | 0.0 | |
Price Variance | 0.0 |
Sutter Gold Mining lagged returns against current returns
Autocorrelation, which is Sutter 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 Sutter Gold's pink sheet expected returns. We can calculate the autocorrelation of Sutter Gold returns to help us make a trade decision. For example, suppose you find that Sutter 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 |
Sutter 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 Sutter Gold pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sutter 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 Sutter Gold pink sheet over time.
Current vs Lagged Prices |
Timeline |
Sutter Gold Lagged Returns
When evaluating Sutter Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sutter Gold pink sheet have on its future price. Sutter 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, Sutter Gold autocorrelation shows the relationship between Sutter Gold pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Sutter Gold Mining.
Regressed Prices |
Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Sutter Pink Sheet
Sutter Gold financial ratios help investors to determine whether Sutter 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 Sutter with respect to the benefits of owning Sutter Gold security.