Viva Gold Corp Stock Market Value
| VAUCF Stock | USD 0.12 0.01 7.69% |
| Symbol | Viva |
Viva 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 Viva 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 Viva Gold.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Viva Gold on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Viva Gold Corp or generate 0.0% return on investment in Viva Gold over 30 days. Viva Gold is related to or competes with Aurion Resources, Rio2, and Grande Portage. Viva Gold Corp. engages in the acquisition, exploration, and development of precious metal properties in Nevada, the Uni... More
Viva 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 Viva 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 Viva Gold Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 10.43 | |||
| Information Ratio | 0.0356 | |||
| Maximum Drawdown | 37.69 | |||
| Value At Risk | (12.50) | |||
| Potential Upside | 10.0 |
Viva Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Viva Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Viva Gold's standard deviation. In reality, there are many statistical measures that can use Viva Gold historical prices to predict the future Viva Gold's volatility.| Risk Adjusted Performance | 0.0499 | |||
| Jensen Alpha | 0.5309 | |||
| Total Risk Alpha | (0.88) | |||
| Sortino Ratio | 0.0263 | |||
| Treynor Ratio | (0.40) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Viva 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.
Viva Gold Corp Backtested Returns
Viva Gold appears to be out of control, given 3 months investment horizon. Viva Gold Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0543, which indicates the firm had a 0.0543% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Viva Gold Corp, which you can use to evaluate the volatility of the company. Please review Viva Gold's Semi Deviation of 5.28, risk adjusted performance of 0.0499, and Coefficient Of Variation of 1868.39 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Viva Gold holds a performance score of 4. The entity has a beta of -1.02, which indicates a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Viva Gold are expected to decrease slowly. On the other hand, during market turmoil, Viva Gold is expected to outperform it slightly. Please check Viva Gold's potential upside, daily balance of power, relative strength index, as well as the relationship between the expected short fall and day typical price , to make a quick decision on whether Viva Gold's existing price patterns will revert.
Auto-correlation | -0.17 |
Insignificant reverse predictability
Viva Gold Corp has insignificant reverse predictability. Overlapping area represents the amount of predictability between Viva 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 Viva Gold Corp price movement. The serial correlation of -0.17 indicates that over 17.0% of current Viva Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | -0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Viva Gold Corp lagged returns against current returns
Autocorrelation, which is Viva 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 Viva Gold's otc stock expected returns. We can calculate the autocorrelation of Viva Gold returns to help us make a trade decision. For example, suppose you find that Viva 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 |
Viva 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 Viva Gold otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Viva 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 Viva Gold otc stock over time.
Current vs Lagged Prices |
| Timeline |
Viva Gold Lagged Returns
When evaluating Viva Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Viva Gold otc stock have on its future price. Viva 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, Viva Gold autocorrelation shows the relationship between Viva Gold otc stock current value and its past values and can show if there is a momentum factor associated with investing in Viva Gold Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Viva OTC Stock
Viva Gold financial ratios help investors to determine whether Viva 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 Viva with respect to the benefits of owning Viva Gold security.