Vista Gold Stock Market Value
| VGZ Stock | USD 0.60 0.01 1.64% |
| Symbol | Vista |
Is 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 Vista Gold. If investors know Vista 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 Vista 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 0.09 | Return On Assets (0.32) | Return On Equity 0.8835 |
The market value of Vista Gold is measured differently than its book value, which is the value of Vista that is recorded on the company's balance sheet. Investors also form their own opinion of Vista Gold's value that differs from its market value or its book value, called intrinsic value, which is Vista 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 Vista Gold's market value can be influenced by many factors that don't directly affect Vista 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 Vista Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vista Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vista 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.
Vista 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 Vista 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 Vista Gold.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Vista Gold on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Vista Gold or generate 0.0% return on investment in Vista Gold over 30 days. Vista Gold is related to or competes with Fortitude Gold, and GoldMining. Vista Gold Corp., together with its subsidiaries, engages in the evaluation, acquisition, exploration, and advancement o... More
Vista 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 Vista 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 Vista Gold upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.36 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 19.54 | |||
| Value At Risk | (5.45) | |||
| Potential Upside | 6.9 |
Vista Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vista Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vista Gold's standard deviation. In reality, there are many statistical measures that can use Vista Gold historical prices to predict the future Vista Gold's volatility.| Risk Adjusted Performance | 0.0087 | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.62) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.01) |
Vista Gold Backtested Returns
Vista Gold owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0178, which indicates the firm had a -0.0178% return per unit of risk over the last 3 months. Vista Gold exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vista Gold's Risk Adjusted Performance of 0.0087, semi deviation of 3.61, and Coefficient Of Variation of 126308.13 to confirm the risk estimate we provide. The entity has a beta of 1.24, 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, Vista Gold will likely underperform. At this point, Vista Gold has a negative expected return of -0.0709%. Please make sure to validate Vista Gold's sortino ratio, semi variance, as well as the relationship between the Semi Variance and rate of daily change , to decide if Vista Gold performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.74 |
Almost perfect reverse predictability
Vista Gold has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Vista Gold time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Vista Gold price movement. The serial correlation of -0.74 indicates that around 74.0% of current Vista Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.74 | |
| Spearman Rank Test | -0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Vista Gold lagged returns against current returns
Autocorrelation, which is Vista 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 Vista Gold's stock expected returns. We can calculate the autocorrelation of Vista Gold returns to help us make a trade decision. For example, suppose you find that Vista 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 |
Vista 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 Vista Gold stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vista Gold stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vista Gold stock over time.
Current vs Lagged Prices |
| Timeline |
Vista Gold Lagged Returns
When evaluating Vista Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vista Gold stock have on its future price. Vista 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, Vista Gold autocorrelation shows the relationship between Vista Gold stock current value and its past values and can show if there is a momentum factor associated with investing in Vista Gold.
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 Vista Stock Analysis
When running Vista Gold's price analysis, check to measure Vista 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 Vista Gold is operating at the current time. Most of Vista Gold's value examination focuses on studying past and present price action to predict the probability of Vista 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 Vista Gold's price. Additionally, you may evaluate how the addition of Vista Gold to your portfolios can decrease your overall portfolio volatility.