Gold River Prods Stock Market Value
| GRPS Stock | USD 0.0003 0.0001 25.00% |
| Symbol | Gold |
Gold River '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 Gold River'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 Gold River.
| 12/20/2023 |
| 12/14/2024 |
If you would invest 0.00 in Gold River on December 20, 2023 and sell it all today you would earn a total of 0.00 from holding Gold River Prods or generate 0.0% return on investment in Gold River over 360 days. Gold River Productions, Inc. manufactures and sells plastic composite products in the United States More
Gold River 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 Gold River'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 Gold River Prods upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 69.44 | |||
| Value At Risk | (25.00) | |||
| Potential Upside | 25.0 |
Gold River Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gold River's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gold River's standard deviation. In reality, there are many statistical measures that can use Gold River historical prices to predict the future Gold River's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.88) | |||
| Total Risk Alpha | (2.81) | |||
| Treynor Ratio | 0.5155 |
Gold River Prods Backtested Returns
Gold River Prods holds Efficiency (Sharpe) Ratio of -0.061, which attests that the entity had a -0.061% return per unit of risk over the last 3 months. Gold River Prods exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gold River's Market Risk Adjusted Performance of 0.5255, risk adjusted performance of (0.04), and Standard Deviation of 14.09 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -2.06, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Gold River are expected to decrease by larger amounts. On the other hand, during market turmoil, Gold River is expected to outperform it. At this point, Gold River Prods has a negative expected return of -0.85%. Please make sure to check out Gold River's standard deviation, potential upside, as well as the relationship between the Potential Upside and day typical price , to decide if Gold River Prods performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.02 |
Virtually no predictability
Gold River Prods has virtually no predictability. Overlapping area represents the amount of predictability between Gold River time series from 20th of December 2023 to 17th of June 2024 and 17th of June 2024 to 14th 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 Gold River Prods price movement. The serial correlation of 0.02 indicates that only 2.0% of current Gold River price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Gold River Prods lagged returns against current returns
Autocorrelation, which is Gold River 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 Gold River's pink sheet expected returns. We can calculate the autocorrelation of Gold River returns to help us make a trade decision. For example, suppose you find that Gold River 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 |
Gold River 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 Gold River pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gold River pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gold River pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Gold River Lagged Returns
When evaluating Gold River's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gold River pink sheet have on its future price. Gold River 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, Gold River autocorrelation shows the relationship between Gold River pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Gold River Prods.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Gold Pink Sheet Analysis
When running Gold River's price analysis, check to measure Gold River'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 Gold River is operating at the current time. Most of Gold River's value examination focuses on studying past and present price action to predict the probability of Gold River's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gold River's price. Additionally, you may evaluate how the addition of Gold River to your portfolios can decrease your overall portfolio volatility.