Xali Gold Corp Stock Market Value
| XGC Stock | CAD 0.11 0.01 10.00% |
| Symbol | Xali |
Xali Gold Corp Price To Book Ratio
Xali 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 Xali 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 Xali Gold.
| 01/09/2024 |
| 12/29/2025 |
If you would invest 0.00 in Xali Gold on January 9, 2024 and sell it all today you would earn a total of 0.00 from holding Xali Gold Corp or generate 0.0% return on investment in Xali Gold over 720 days. Xali Gold is related to or competes with First Majestic, Ivanhoe Energy, Orezone Gold, Flinders Resources, Faraday Copper, Aris Gold, and Urz Energy. Xali Gold Corp. engages in the exploration and development of mineral properties in Mexico and Peru More
Xali 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 Xali 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 Xali Gold Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 12.86 | |||
| Information Ratio | 0.1925 | |||
| Maximum Drawdown | 70.0 | |||
| Value At Risk | (12.50) | |||
| Potential Upside | 14.29 |
Xali Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Xali Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Xali Gold's standard deviation. In reality, there are many statistical measures that can use Xali Gold historical prices to predict the future Xali Gold's volatility.| Risk Adjusted Performance | 0.1505 | |||
| Jensen Alpha | 2.03 | |||
| Total Risk Alpha | 0.9097 | |||
| Sortino Ratio | 0.1465 | |||
| Treynor Ratio | (2.03) |
Xali Gold Corp Backtested Returns
Xali Gold is out of control given 3 months investment horizon. Xali Gold Corp shows Sharpe Ratio of 0.21, which attests that the company had a 0.21 % return per unit of risk over the last 3 months. We were able to interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 2.1% are justified by taking the suggested risk. Use Xali Gold Corp Mean Deviation of 6.22, market risk adjusted performance of (2.02), and Downside Deviation of 12.86 to evaluate company specific risk that cannot be diversified away. Xali Gold holds a performance score of 16 on a scale of zero to a hundred. The firm maintains a market beta of -0.97, which attests to possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Xali Gold are expected to decrease slowly. On the other hand, during market turmoil, Xali Gold is expected to outperform it slightly. Use Xali Gold Corp maximum drawdown and the relationship between the semi variance and price action indicator , to analyze future returns on Xali Gold Corp.
Auto-correlation | 0.02 |
Virtually no predictability
Xali Gold Corp has virtually no predictability. Overlapping area represents the amount of predictability between Xali Gold time series from 9th of January 2024 to 3rd of January 2025 and 3rd of January 2025 to 29th of December 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 Xali Gold Corp price movement. The serial correlation of 0.02 indicates that only 2.0% of current Xali Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Xali Gold Corp lagged returns against current returns
Autocorrelation, which is Xali 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 Xali Gold's stock expected returns. We can calculate the autocorrelation of Xali Gold returns to help us make a trade decision. For example, suppose you find that Xali 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 |
Xali 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 Xali Gold stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Xali Gold stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Xali Gold stock over time.
Current vs Lagged Prices |
| Timeline |
Xali Gold Lagged Returns
When evaluating Xali Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Xali Gold stock have on its future price. Xali 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, Xali Gold autocorrelation shows the relationship between Xali Gold stock current value and its past values and can show if there is a momentum factor associated with investing in Xali Gold Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Xali Stock Analysis
When running Xali Gold's price analysis, check to measure Xali 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 Xali Gold is operating at the current time. Most of Xali Gold's value examination focuses on studying past and present price action to predict the probability of Xali 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 Xali Gold's price. Additionally, you may evaluate how the addition of Xali Gold to your portfolios can decrease your overall portfolio volatility.