Xtra Gold Resources Corp Stock Market Value
| XTGRF Stock | USD 2.41 0.05 2.12% |
| Symbol | Xtra |
Xtra 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 Xtra 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 Xtra Gold.
| 07/25/2025 |
| 01/21/2026 |
If you would invest 0.00 in Xtra Gold on July 25, 2025 and sell it all today you would earn a total of 0.00 from holding Xtra Gold Resources Corp or generate 0.0% return on investment in Xtra Gold over 180 days. Xtra Gold is related to or competes with FireFox Gold, Pan African, Belo Sun, Cabral Gold, Aurion Resources, Zhen Ding, and Newcore Gold. Xtra-Gold Resources Corp. engages in the exploration and development of gold properties in Ghana, West Africa More
Xtra 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 Xtra 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 Xtra Gold Resources Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.3 | |||
| Information Ratio | 0.0384 | |||
| Maximum Drawdown | 15.39 | |||
| Value At Risk | (4.37) | |||
| Potential Upside | 3.57 |
Xtra Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Xtra Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Xtra Gold's standard deviation. In reality, there are many statistical measures that can use Xtra Gold historical prices to predict the future Xtra Gold's volatility.| Risk Adjusted Performance | 0.0571 | |||
| Jensen Alpha | 0.1434 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0285 | |||
| Treynor Ratio | 0.6795 |
Xtra Gold Resources Backtested Returns
At this point, Xtra Gold is risky. Xtra Gold Resources shows Sharpe Ratio of 0.0615, which attests that the company had a 0.0615 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Xtra Gold Resources, which you can use to evaluate the volatility of the company. Please check out Xtra Gold's Mean Deviation of 1.65, market risk adjusted performance of 0.6895, and Downside Deviation of 3.3 to validate if the risk estimate we provide is consistent with the expected return of 0.15%. Xtra Gold has a performance score of 4 on a scale of 0 to 100. The firm maintains a market beta of 0.23, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Xtra Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Xtra Gold is expected to be smaller as well. Xtra Gold Resources right now maintains a risk of 2.48%. Please check out Xtra Gold Resources downside variance, as well as the relationship between the accumulation distribution and price action indicator , to decide if Xtra Gold Resources will be following its historical returns.
Auto-correlation | 0.14 |
Insignificant predictability
Xtra Gold Resources Corp has insignificant predictability. Overlapping area represents the amount of predictability between Xtra Gold time series from 25th of July 2025 to 23rd of October 2025 and 23rd of October 2025 to 21st of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Xtra Gold Resources price movement. The serial correlation of 0.14 indicates that less than 14.0% of current Xtra Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.14 | |
| Spearman Rank Test | 0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Xtra Gold Resources lagged returns against current returns
Autocorrelation, which is Xtra 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 Xtra Gold's otc stock expected returns. We can calculate the autocorrelation of Xtra Gold returns to help us make a trade decision. For example, suppose you find that Xtra 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 |
Xtra 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 Xtra Gold otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Xtra 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 Xtra Gold otc stock over time.
Current vs Lagged Prices |
| Timeline |
Xtra Gold Lagged Returns
When evaluating Xtra Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Xtra Gold otc stock have on its future price. Xtra 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, Xtra Gold autocorrelation shows the relationship between Xtra Gold otc stock current value and its past values and can show if there is a momentum factor associated with investing in Xtra Gold Resources Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Xtra OTC Stock
Xtra Gold financial ratios help investors to determine whether Xtra 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 Xtra with respect to the benefits of owning Xtra Gold security.