Golden Agri Resources Stock Market Value
| GARPY Stock | USD 20.00 1.30 6.10% |
| Symbol | Golden |
Golden Agri '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 Golden Agri'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 Golden Agri.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Golden Agri on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Golden Agri Resources or generate 0.0% return on investment in Golden Agri over 720 days. Golden Agri is related to or competes with Global Clean, Edible Garden, Local Bounti, Village Farms, Austevoll Seafood, SalMar ASA, and Wilmar International. Golden Agri-Resources Ltd, an investment holding company, operates as an integrated palm oil plantation company in Europ... More
Golden Agri 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 Golden Agri'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 Golden Agri Resources upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 9.5 | |||
| Value At Risk | (0.29) | |||
| Potential Upside | 0.4773 |
Golden Agri Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Golden Agri's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Golden Agri's standard deviation. In reality, there are many statistical measures that can use Golden Agri historical prices to predict the future Golden Agri's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | 6.0 |
Golden Agri Resources Backtested Returns
Golden Agri Resources holds Efficiency (Sharpe) Ratio of -0.1, which attests that the entity had a -0.1% return per unit of risk over the last 3 months. Golden Agri Resources exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Golden Agri's Market Risk Adjusted Performance of 6.01, risk adjusted performance of (0.07), and Standard Deviation of 1.21 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.0223, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Golden Agri are expected to decrease at a much lower rate. During the bear market, Golden Agri is likely to outperform the market. At this point, Golden Agri Resources has a negative expected return of -0.13%. Please make sure to check out Golden Agri's standard deviation, potential upside, as well as the relationship between the Potential Upside and day typical price , to decide if Golden Agri Resources performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.18 |
Insignificant reverse predictability
Golden Agri Resources has insignificant reverse predictability. Overlapping area represents the amount of predictability between Golden Agri time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd of December 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 Golden Agri Resources price movement. The serial correlation of -0.18 indicates that over 18.0% of current Golden Agri price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.63 |
Golden Agri Resources lagged returns against current returns
Autocorrelation, which is Golden Agri 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 Golden Agri's pink sheet expected returns. We can calculate the autocorrelation of Golden Agri returns to help us make a trade decision. For example, suppose you find that Golden Agri 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 |
Golden Agri 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 Golden Agri pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Golden Agri pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Golden Agri pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Golden Agri Lagged Returns
When evaluating Golden Agri's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Golden Agri pink sheet have on its future price. Golden Agri 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, Golden Agri autocorrelation shows the relationship between Golden Agri pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Golden Agri Resources.
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 Golden Pink Sheet Analysis
When running Golden Agri's price analysis, check to measure Golden Agri'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 Golden Agri is operating at the current time. Most of Golden Agri's value examination focuses on studying past and present price action to predict the probability of Golden Agri's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Golden Agri's price. Additionally, you may evaluate how the addition of Golden Agri to your portfolios can decrease your overall portfolio volatility.