Tudor Gold Corp Stock Market Value
| TUD Stock | CAD 0.79 0.01 1.28% |
| Symbol | Tudor |
Tudor Gold Corp Price To Book Ratio
Tudor 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 Tudor 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 Tudor Gold.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Tudor Gold on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Tudor Gold Corp or generate 0.0% return on investment in Tudor Gold over 30 days. Tudor Gold is related to or competes with First Majestic, Ivanhoe Energy, Orezone Gold, and Faraday Copper. Tudor Gold Corp., a junior resource exploration company, engages in the acquisition, exploration, and development of min... More
Tudor 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 Tudor 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 Tudor Gold Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.48 | |||
| Information Ratio | 0.0045 | |||
| Maximum Drawdown | 24.03 | |||
| Value At Risk | (4.72) | |||
| Potential Upside | 6.67 |
Tudor Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tudor Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tudor Gold's standard deviation. In reality, there are many statistical measures that can use Tudor Gold historical prices to predict the future Tudor Gold's volatility.| Risk Adjusted Performance | 0.0378 | |||
| Jensen Alpha | 0.2138 | |||
| Total Risk Alpha | (0.52) | |||
| Sortino Ratio | 0.0051 | |||
| Treynor Ratio | (0.27) |
Tudor Gold Corp Backtested Returns
At this stage we consider Tudor Stock to be extremely dangerous. Tudor Gold Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.019, which indicates the firm had a 0.019% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Tudor Gold Corp, which you can use to evaluate the volatility of the company. Please validate Tudor Gold's Semi Deviation of 3.11, risk adjusted performance of 0.0378, and Coefficient Of Variation of 2576.23 to confirm if the risk estimate we provide is consistent with the expected return of 0.0756%. Tudor Gold has a performance score of 1 on a scale of 0 to 100. The entity has a beta of -0.54, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Tudor Gold are expected to decrease at a much lower rate. During the bear market, Tudor Gold is likely to outperform the market. Tudor Gold Corp right now has a risk of 3.98%. Please validate Tudor Gold jensen alpha, semi variance, day typical price, as well as the relationship between the maximum drawdown and accumulation distribution , to decide if Tudor Gold will be following its existing price patterns.
Auto-correlation | 0.69 |
Good predictability
Tudor Gold Corp has good predictability. Overlapping area represents the amount of predictability between Tudor Gold time series from 31st of October 2024 to 15th of November 2024 and 15th of November 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 Tudor Gold Corp price movement. The serial correlation of 0.69 indicates that around 69.0% of current Tudor Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.69 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Tudor Gold Corp lagged returns against current returns
Autocorrelation, which is Tudor 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 Tudor Gold's stock expected returns. We can calculate the autocorrelation of Tudor Gold returns to help us make a trade decision. For example, suppose you find that Tudor 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 |
Tudor 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 Tudor Gold stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tudor Gold stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tudor Gold stock over time.
Current vs Lagged Prices |
| Timeline |
Tudor Gold Lagged Returns
When evaluating Tudor Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tudor Gold stock have on its future price. Tudor 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, Tudor Gold autocorrelation shows the relationship between Tudor Gold stock current value and its past values and can show if there is a momentum factor associated with investing in Tudor Gold Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Tudor Stock Analysis
When running Tudor Gold's price analysis, check to measure Tudor 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 Tudor Gold is operating at the current time. Most of Tudor Gold's value examination focuses on studying past and present price action to predict the probability of Tudor 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 Tudor Gold's price. Additionally, you may evaluate how the addition of Tudor Gold to your portfolios can decrease your overall portfolio volatility.