Us Goldmining Warrant Stock Market Value
USGOW Stock | 1.43 0.03 2.14% |
Symbol | USGOW |
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 GoldMining. If investors know USGOW 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 GoldMining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of US GoldMining Warrant is measured differently than its book value, which is the value of USGOW that is recorded on the company's balance sheet. Investors also form their own opinion of US GoldMining's value that differs from its market value or its book value, called intrinsic value, which is US GoldMining'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 GoldMining's market value can be influenced by many factors that don't directly affect US GoldMining'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 GoldMining's value and its price as these two are different measures arrived at by different means. Investors typically determine if US GoldMining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, US GoldMining'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 GoldMining '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 GoldMining'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 GoldMining.
11/30/2024 |
| 01/29/2025 |
If you would invest 0.00 in US GoldMining on November 30, 2024 and sell it all today you would earn a total of 0.00 from holding US GoldMining Warrant or generate 0.0% return on investment in US GoldMining over 60 days. US GoldMining is related to or competes with Sun Country, Saia, Marchex, Entravision Communications, MYT Netherlands, and Lion One. US GoldMining is entity of United States More
US GoldMining 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 GoldMining'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 GoldMining Warrant upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 14.22 | |||
Information Ratio | 0.0562 | |||
Maximum Drawdown | 76.28 | |||
Value At Risk | (22.90) | |||
Potential Upside | 44.07 |
US GoldMining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for US GoldMining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as US GoldMining's standard deviation. In reality, there are many statistical measures that can use US GoldMining historical prices to predict the future US GoldMining's volatility.Risk Adjusted Performance | 0.0609 | |||
Jensen Alpha | 0.8565 | |||
Total Risk Alpha | (0.47) | |||
Sortino Ratio | 0.066 | |||
Treynor Ratio | 0.4796 |
US GoldMining Warrant Backtested Returns
US GoldMining is out of control given 3 months investment horizon. US GoldMining Warrant retains Efficiency (Sharpe Ratio) of 0.11, which indicates the firm had a 0.11 % return per unit of price deviation over the last 3 months. We were able to break down and interpolate data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.91% are justified by taking the suggested risk. Use US GoldMining Warrant Risk Adjusted Performance of 0.0609, downside deviation of 14.22, and Mean Deviation of 11.72 to evaluate company specific risk that cannot be diversified away. US GoldMining holds a performance score of 8 on a scale of zero to a hundred. The entity owns a Beta (Systematic Risk) of 2.11, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, US GoldMining will likely underperform. Use US GoldMining Warrant value at risk, and the relationship between the standard deviation and kurtosis , to analyze future returns on US GoldMining Warrant.
Auto-correlation | 0.39 |
Below average predictability
US GoldMining Warrant has below average predictability. Overlapping area represents the amount of predictability between US GoldMining time series from 30th of November 2024 to 30th of December 2024 and 30th of December 2024 to 29th of January 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 US GoldMining Warrant price movement. The serial correlation of 0.39 indicates that just about 39.0% of current US GoldMining price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.39 | |
Spearman Rank Test | 0.13 | |
Residual Average | 0.0 | |
Price Variance | 0.07 |
US GoldMining Warrant lagged returns against current returns
Autocorrelation, which is US GoldMining 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 GoldMining's stock expected returns. We can calculate the autocorrelation of US GoldMining returns to help us make a trade decision. For example, suppose you find that US GoldMining 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 GoldMining 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 GoldMining stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if US GoldMining stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in US GoldMining stock over time.
Current vs Lagged Prices |
Timeline |
US GoldMining Lagged Returns
When evaluating US GoldMining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of US GoldMining stock have on its future price. US GoldMining 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 GoldMining autocorrelation shows the relationship between US GoldMining stock current value and its past values and can show if there is a momentum factor associated with investing in US GoldMining Warrant.
Regressed Prices |
Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for USGOW Stock Analysis
When running US GoldMining's price analysis, check to measure US GoldMining'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 GoldMining is operating at the current time. Most of US GoldMining's value examination focuses on studying past and present price action to predict the probability of US GoldMining'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 GoldMining's price. Additionally, you may evaluate how the addition of US GoldMining to your portfolios can decrease your overall portfolio volatility.