Trifecta Gold Stock Market Value
| TG Stock | CAD 0.22 0.01 4.76% |
| Symbol | Trifecta |
Trifecta Gold Company Valuation
Trifecta 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 Trifecta 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 Trifecta Gold.
| 01/08/2024 |
| 12/28/2025 |
If you would invest 0.00 in Trifecta Gold on January 8, 2024 and sell it all today you would earn a total of 0.00 from holding Trifecta Gold or generate 0.0% return on investment in Trifecta Gold over 720 days. Trifecta Gold is related to or competes with Walker River, Radius Gold, and CANEX Metals. Trifecta Gold Ltd. engages in the acquisition, exploration, and evaluation of mineral properties in Canada More
Trifecta 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 Trifecta 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 Trifecta Gold upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 61.47 | |||
| Value At Risk | (11.54) | |||
| Potential Upside | 10.53 |
Trifecta Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Trifecta Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Trifecta Gold's standard deviation. In reality, there are many statistical measures that can use Trifecta Gold historical prices to predict the future Trifecta Gold's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.89) | |||
| Total Risk Alpha | (1.94) | |||
| Treynor Ratio | 0.558 |
Trifecta Gold Backtested Returns
Trifecta Gold 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. Trifecta Gold exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Trifecta Gold's Risk Adjusted Performance of (0.08), variance of 71.81, and Coefficient Of Variation of (831.94) to confirm the risk estimate we provide. The entity has a beta of -1.84, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Trifecta Gold are expected to decrease by larger amounts. On the other hand, during market turmoil, Trifecta Gold is expected to outperform it. At this point, Trifecta Gold has a negative expected return of -0.96%. Please make sure to validate Trifecta Gold's value at risk, as well as the relationship between the accumulation distribution and day typical price , to decide if Trifecta Gold performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.29 |
Weak reverse predictability
Trifecta Gold has weak reverse predictability. Overlapping area represents the amount of predictability between Trifecta Gold time series from 8th of January 2024 to 2nd of January 2025 and 2nd of January 2025 to 28th of December 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 Trifecta Gold price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current Trifecta Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Trifecta Gold lagged returns against current returns
Autocorrelation, which is Trifecta 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 Trifecta Gold's stock expected returns. We can calculate the autocorrelation of Trifecta Gold returns to help us make a trade decision. For example, suppose you find that Trifecta 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 |
Trifecta 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 Trifecta Gold stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Trifecta Gold stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Trifecta Gold stock over time.
Current vs Lagged Prices |
| Timeline |
Trifecta Gold Lagged Returns
When evaluating Trifecta Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Trifecta Gold stock have on its future price. Trifecta 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, Trifecta Gold autocorrelation shows the relationship between Trifecta Gold stock current value and its past values and can show if there is a momentum factor associated with investing in Trifecta Gold.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Trifecta Stock Analysis
When running Trifecta Gold's price analysis, check to measure Trifecta 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 Trifecta Gold is operating at the current time. Most of Trifecta Gold's value examination focuses on studying past and present price action to predict the probability of Trifecta 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 Trifecta Gold's price. Additionally, you may evaluate how the addition of Trifecta Gold to your portfolios can decrease your overall portfolio volatility.