Victoria Gold Corp Stock Market Value
VITFF Stock | USD 0.35 0.00 0.00% |
Symbol | Victoria |
Victoria 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 Victoria Gold's pink sheet 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 Victoria Gold.
06/01/2024 |
| 11/28/2024 |
If you would invest 0.00 in Victoria Gold on June 1, 2024 and sell it all today you would earn a total of 0.00 from holding Victoria Gold Corp or generate 0.0% return on investment in Victoria Gold over 180 days. Victoria Gold is related to or competes with Guanajuato Silver, Silver One, Bald Eagle, and Discovery Metals. Victoria Gold Corp. acquires, operates, explores, and develops mineral properties in Canada and the United States More
Victoria 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 Victoria Gold's pink sheet 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 Victoria Gold Corp upside and downside potential and time the market with a certain degree of confidence.
Victoria Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Victoria Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Victoria Gold's standard deviation. In reality, there are many statistical measures that can use Victoria Gold historical prices to predict the future Victoria Gold's volatility.Victoria Gold Corp Backtested Returns
We have found three technical indicators for Victoria Gold Corp, which you can use to evaluate the volatility of the company. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Victoria Gold are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Victoria Gold Corp has no correlation between past and present. Overlapping area represents the amount of predictability between Victoria Gold time series from 1st of June 2024 to 30th of August 2024 and 30th of August 2024 to 28th 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 Victoria Gold Corp price movement. The serial correlation of 0.0 indicates that just 0.0% of current Victoria Gold price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.0 | |
Spearman Rank Test | -0.95 | |
Residual Average | 0.0 | |
Price Variance | 0.0 |
Victoria Gold Corp lagged returns against current returns
Autocorrelation, which is Victoria Gold pink sheet'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 Victoria Gold's pink sheet expected returns. We can calculate the autocorrelation of Victoria Gold returns to help us make a trade decision. For example, suppose you find that Victoria Gold has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Victoria 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 Victoria Gold pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Victoria Gold pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Victoria Gold pink sheet over time.
Current vs Lagged Prices |
Timeline |
Victoria Gold Lagged Returns
When evaluating Victoria Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Victoria Gold pink sheet have on its future price. Victoria 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, Victoria Gold autocorrelation shows the relationship between Victoria Gold pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Victoria Gold Corp.
Regressed Prices |
Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Victoria Pink Sheet
Victoria Gold financial ratios help investors to determine whether Victoria Pink Sheet 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 Victoria with respect to the benefits of owning Victoria Gold security.