Us Gold Corp Stock Market Value
| USAU Stock | USD 8.34 0.69 9.02% |
| Symbol | USAU |
US Gold Corp Price To Book Ratio
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of US Gold. If investors know USAU will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about US Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.83) | Return On Assets (0.20) | Return On Equity (0.57) |
The market value of US Gold Corp is measured differently than its book value, which is the value of USAU that is recorded on the company's balance sheet. Investors also form their own opinion of US Gold's value that differs from its market value or its book value, called intrinsic value, which is US Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because US Gold's market value can be influenced by many factors that don't directly affect US Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between US Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if US Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, US Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
US 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 US 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 US Gold.
| 05/07/2023 |
| 11/27/2024 |
If you would invest 0.00 in US Gold on May 7, 2023 and sell it all today you would earn a total of 0.00 from holding US Gold Corp or generate 0.0% return on investment in US Gold over 570 days. US Gold is related to or competes with Aurion Resources, Golden Star, Dakota Gold, Paramount Gold, Vista Gold, Orezone Gold, and Rio2. Gold Corp. engages in the exploration and development of gold and precious metals in the United States More
US 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 US 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 US Gold Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.92 | |||
| Information Ratio | 0.1067 | |||
| Maximum Drawdown | 18.96 | |||
| Value At Risk | (4.49) | |||
| Potential Upside | 8.17 |
US Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for US Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as US Gold's standard deviation. In reality, there are many statistical measures that can use US Gold historical prices to predict the future US Gold's volatility.| Risk Adjusted Performance | 0.1156 | |||
| Jensen Alpha | 0.5456 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.1378 | |||
| Treynor Ratio | (2.51) |
US Gold Corp Backtested Returns
US Gold appears to be somewhat reliable, given 3 months investment horizon. US Gold Corp retains Efficiency (Sharpe Ratio) of 0.18, which indicates the firm had a 0.18% return per unit of price deviation over the last 3 months. By analyzing US Gold's technical indicators, you can evaluate if the expected return of 0.73% is justified by implied risk. Please review US Gold's Mean Deviation of 2.64, downside deviation of 2.92, and Risk Adjusted Performance of 0.1156 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, US Gold holds a performance score of 14. The entity owns a Beta (Systematic Risk) of -0.21, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning US Gold are expected to decrease at a much lower rate. During the bear market, US Gold is likely to outperform the market. Please check US Gold's coefficient of variation, semi variance, period momentum indicator, as well as the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether US Gold's current price history will revert.
Auto-correlation | -0.59 |
Good reverse predictability
US Gold Corp has good reverse predictability. Overlapping area represents the amount of predictability between US Gold time series from 7th of May 2023 to 16th of February 2024 and 16th of February 2024 to 27th 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 US Gold Corp price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current US Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.59 | |
| Spearman Rank Test | -0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 1.11 |
US Gold Corp lagged returns against current returns
Autocorrelation, which is US 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 US Gold's stock expected returns. We can calculate the autocorrelation of US Gold returns to help us make a trade decision. For example, suppose you find that US 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 |
US 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 US Gold stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if US Gold stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in US Gold stock over time.
Current vs Lagged Prices |
| Timeline |
US Gold Lagged Returns
When evaluating US Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of US Gold stock have on its future price. US 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, US Gold autocorrelation shows the relationship between US Gold stock current value and its past values and can show if there is a momentum factor associated with investing in US Gold Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for USAU Stock Analysis
When running US Gold's price analysis, check to measure US 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 US Gold is operating at the current time. Most of US Gold's value examination focuses on studying past and present price action to predict the probability of US 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 US Gold's price. Additionally, you may evaluate how the addition of US Gold to your portfolios can decrease your overall portfolio volatility.