Gossan Resources Stock Market Value

GSS Stock  CAD 0.02  0.00  0.00%   
Gossan Resources' market value is the price at which a share of Gossan Resources trades on a public exchange. It measures the collective expectations of Gossan Resources investors about its performance. Gossan Resources is selling for under 0.02 as of the 25th of December 2024; that is No Change since the beginning of the trading day. The stock's lowest day price was 0.02.
With this module, you can estimate the performance of a buy and hold strategy of Gossan Resources and determine expected loss or profit from investing in Gossan Resources over a given investment horizon. Check out Gossan Resources Correlation, Gossan Resources Volatility and Gossan Resources Alpha and Beta module to complement your research on Gossan Resources.
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Gossan Resources Price To Book Ratio

Please note, there is a significant difference between Gossan Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Gossan Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gossan Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Gossan Resources '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 Gossan Resources' 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 Gossan Resources.
0.00
11/25/2024
No Change 0.00  0.0 
In 30 days
12/25/2024
0.00
If you would invest  0.00  in Gossan Resources on November 25, 2024 and sell it all today you would earn a total of 0.00 from holding Gossan Resources or generate 0.0% return on investment in Gossan Resources over 30 days. Gossan Resources is related to or competes with Highway 50. Gossan Resources Limited, an exploration and evaluation stage company, engages in the acquisition, exploration, and deve... More

Gossan Resources 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 Gossan Resources' 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 Gossan Resources upside and downside potential and time the market with a certain degree of confidence.

Gossan Resources Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Gossan Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gossan Resources' standard deviation. In reality, there are many statistical measures that can use Gossan Resources historical prices to predict the future Gossan Resources' volatility.
Hype
Prediction
LowEstimatedHigh
0.000.0213.90
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Intrinsic
Valuation
LowRealHigh
0.000.0213.90
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Gossan Resources Backtested Returns

Gossan Resources appears to be out of control, given 3 months investment horizon. Gossan Resources holds Efficiency (Sharpe) Ratio of 0.0191, which attests that the entity had a 0.0191% return per unit of risk over the last 3 months. We have found eighteen technical indicators for Gossan Resources, which you can use to evaluate the volatility of the firm. Please utilize Gossan Resources' Standard Deviation of 14.87, risk adjusted performance of 0.0638, and Market Risk Adjusted Performance of 0.7918 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Gossan Resources holds a performance score of 1. The company retains a Market Volatility (i.e., Beta) of 1.28, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Gossan Resources will likely underperform. Please check Gossan Resources' jensen alpha, skewness, as well as the relationship between the Skewness and day typical price , to make a quick decision on whether Gossan Resources' current trending patterns will revert.

Auto-correlation

    
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Perfect predictability

Gossan Resources has perfect predictability. Overlapping area represents the amount of predictability between Gossan Resources time series from 25th of November 2024 to 10th of December 2024 and 10th of December 2024 to 25th 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 Gossan Resources price movement. The serial correlation of 1.0 indicates that 100.0% of current Gossan Resources price fluctuation can be explain by its past prices.
Correlation Coefficient1.0
Spearman Rank Test1.0
Residual Average0.0
Price Variance0.0

Gossan Resources lagged returns against current returns

Autocorrelation, which is Gossan Resources 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 Gossan Resources' stock expected returns. We can calculate the autocorrelation of Gossan Resources returns to help us make a trade decision. For example, suppose you find that Gossan Resources 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  

Gossan Resources 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 Gossan Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gossan Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gossan Resources stock over time.
   Current vs Lagged Prices   
       Timeline  

Gossan Resources Lagged Returns

When evaluating Gossan Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gossan Resources stock have on its future price. Gossan Resources 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, Gossan Resources autocorrelation shows the relationship between Gossan Resources stock current value and its past values and can show if there is a momentum factor associated with investing in Gossan Resources.
   Regressed Prices   
       Timeline  

Thematic Opportunities

Explore Investment Opportunities

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Additional Tools for Gossan Stock Analysis

When running Gossan Resources' price analysis, check to measure Gossan Resources' 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 Gossan Resources is operating at the current time. Most of Gossan Resources' value examination focuses on studying past and present price action to predict the probability of Gossan Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gossan Resources' price. Additionally, you may evaluate how the addition of Gossan Resources to your portfolios can decrease your overall portfolio volatility.