Strikepoint Gold Stock Market Value
| STKXF Stock | USD 0.12 0.02 20.00% |
| Symbol | StrikePoint |
StrikePoint 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 StrikePoint 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 StrikePoint Gold.
| 01/02/2025 |
| 02/01/2025 |
If you would invest 0.00 in StrikePoint Gold on January 2, 2025 and sell it all today you would earn a total of 0.00 from holding StrikePoint Gold or generate 0.0% return on investment in StrikePoint Gold over 30 days. StrikePoint Gold is related to or competes with Silver Elephant, Eskay Mining, Silver X, Pampa Metals, Sun Summit, and Progressive Planet. StrikePoint Gold Inc., an exploration stage company, engages in the acquisition, exploration, and development of mineral... More
StrikePoint 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 StrikePoint 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 StrikePoint Gold upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 14.84 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 78.18 | |||
| Value At Risk | (25.00) | |||
| Potential Upside | 40.0 |
StrikePoint Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for StrikePoint Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as StrikePoint Gold's standard deviation. In reality, there are many statistical measures that can use StrikePoint Gold historical prices to predict the future StrikePoint Gold's volatility.| Risk Adjusted Performance | 0.0124 | |||
| Jensen Alpha | 0.3913 | |||
| Total Risk Alpha | (1.80) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | (0.01) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of StrikePoint 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.
StrikePoint Gold Backtested Returns
StrikePoint Gold appears to be out of control, given 3 months investment horizon. StrikePoint Gold owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0253, which indicates the firm had a 0.0253 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for StrikePoint Gold, which you can use to evaluate the volatility of the company. Please review StrikePoint Gold's Coefficient Of Variation of 28580.11, semi deviation of 11.41, and Risk Adjusted Performance of 0.0124 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, StrikePoint Gold holds a performance score of 1. The entity has a beta of -3.79, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning StrikePoint Gold are expected to decrease by larger amounts. On the other hand, during market turmoil, StrikePoint Gold is expected to outperform it. Please check StrikePoint Gold's potential upside, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether StrikePoint Gold's existing price patterns will revert.
Auto-correlation | 0.48 |
Average predictability
StrikePoint Gold has average predictability. Overlapping area represents the amount of predictability between StrikePoint Gold time series from 2nd of January 2025 to 17th of January 2025 and 17th of January 2025 to 1st of February 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 StrikePoint Gold price movement. The serial correlation of 0.48 indicates that about 48.0% of current StrikePoint Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.48 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
StrikePoint Gold lagged returns against current returns
Autocorrelation, which is StrikePoint 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 StrikePoint Gold's otc stock expected returns. We can calculate the autocorrelation of StrikePoint Gold returns to help us make a trade decision. For example, suppose you find that StrikePoint 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 |
StrikePoint 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 StrikePoint Gold otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if StrikePoint 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 StrikePoint Gold otc stock over time.
Current vs Lagged Prices |
| Timeline |
StrikePoint Gold Lagged Returns
When evaluating StrikePoint Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of StrikePoint Gold otc stock have on its future price. StrikePoint 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, StrikePoint Gold autocorrelation shows the relationship between StrikePoint Gold otc stock current value and its past values and can show if there is a momentum factor associated with investing in StrikePoint Gold.
Regressed Prices |
| Timeline |
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Other Information on Investing in StrikePoint OTC Stock
StrikePoint Gold financial ratios help investors to determine whether StrikePoint OTC Stock 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 StrikePoint with respect to the benefits of owning StrikePoint Gold security.