Golden Grail Technology Stock Market Value
| GOGY Stock | USD 0.05 0 7.29% |
| Symbol | Golden |
Golden Grail '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 Grail'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 Grail.
| 06/14/2024 |
| 12/11/2024 |
If you would invest 0.00 in Golden Grail on June 14, 2024 and sell it all today you would earn a total of 0.00 from holding Golden Grail Technology or generate 0.0% return on investment in Golden Grail over 180 days. Golden Grail is related to or competes with Tencent Holdings, Autohome, Arena Group, Asset Entities, Cheetah Mobile, TrueCar, and Prosus NV. Golden Grail Technology Corp. identifies and acquires brands in various beverage categories More
Golden Grail 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 Grail'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 Grail Technology upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 14.05 | |||
| Information Ratio | 0.1138 | |||
| Maximum Drawdown | 64.14 | |||
| Value At Risk | (20.90) | |||
| Potential Upside | 29.67 |
Golden Grail Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Golden Grail's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Golden Grail's standard deviation. In reality, there are many statistical measures that can use Golden Grail historical prices to predict the future Golden Grail's volatility.| Risk Adjusted Performance | 0.0981 | |||
| Jensen Alpha | 1.57 | |||
| Total Risk Alpha | (0.51) | |||
| Sortino Ratio | 0.1132 | |||
| Treynor Ratio | 1.49 |
Golden Grail Technology Backtested Returns
Golden Grail is out of control given 3 months investment horizon. Golden Grail Technology holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 2.05% are justified by taking the suggested risk. Use Golden Grail Technology Downside Deviation of 14.05, risk adjusted performance of 0.0981, and Market Risk Adjusted Performance of 1.5 to evaluate company specific risk that cannot be diversified away. Golden Grail holds a performance score of 11 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 1.14, which attests to a somewhat significant risk relative to the market. Golden Grail returns are very sensitive to returns on the market. As the market goes up or down, Golden Grail is expected to follow. Use Golden Grail Technology treynor ratio, as well as the relationship between the expected short fall and day typical price , to analyze future returns on Golden Grail Technology.
Auto-correlation | -0.63 |
Very good reverse predictability
Golden Grail Technology has very good reverse predictability. Overlapping area represents the amount of predictability between Golden Grail time series from 14th of June 2024 to 12th of September 2024 and 12th of September 2024 to 11th 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 Grail Technology price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current Golden Grail price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Golden Grail Technology lagged returns against current returns
Autocorrelation, which is Golden Grail 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 Grail's pink sheet expected returns. We can calculate the autocorrelation of Golden Grail returns to help us make a trade decision. For example, suppose you find that Golden Grail 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 Grail 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 Grail pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Golden Grail 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 Grail pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Golden Grail Lagged Returns
When evaluating Golden Grail's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Golden Grail pink sheet have on its future price. Golden Grail 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 Grail autocorrelation shows the relationship between Golden Grail pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Golden Grail Technology.
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 Grail's price analysis, check to measure Golden Grail'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 Grail is operating at the current time. Most of Golden Grail's value examination focuses on studying past and present price action to predict the probability of Golden Grail'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 Grail's price. Additionally, you may evaluate how the addition of Golden Grail to your portfolios can decrease your overall portfolio volatility.