Precipitate Gold Corp Stock Market Value
| PREIF Stock | USD 0.05 0 9.20% |
| Symbol | Precipitate |
Precipitate 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 Precipitate 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 Precipitate Gold.
| 05/13/2023 |
| 12/03/2024 |
If you would invest 0.00 in Precipitate Gold on May 13, 2023 and sell it all today you would earn a total of 0.00 from holding Precipitate Gold Corp or generate 0.0% return on investment in Precipitate Gold over 570 days. Precipitate Gold is related to or competes with Altamira Gold, Vior, Orogen Royalties, Norsemont Mining, and Cabral Gold. Precipitate Gold Corp. engages in the exploration, exploitation, and development of mineral resources in Canada and the ... More
Precipitate 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 Precipitate 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 Precipitate Gold Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.01 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 31.86 | |||
| Value At Risk | (11.67) | |||
| Potential Upside | 12.38 |
Precipitate Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Precipitate Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Precipitate Gold's standard deviation. In reality, there are many statistical measures that can use Precipitate Gold historical prices to predict the future Precipitate Gold's volatility.| Risk Adjusted Performance | 0.0137 | |||
| Jensen Alpha | 0.2148 | |||
| Total Risk Alpha | (1.07) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.02) |
Precipitate Gold Corp Backtested Returns
At this point, Precipitate Gold is out of control. Precipitate Gold Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.0215, which implies the firm had a 0.0215% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Precipitate Gold Corp, which you can use to evaluate the volatility of the company. Please check Precipitate Gold's Semi Deviation of 6.62, coefficient of variation of 15974.11, and Risk Adjusted Performance of 0.0137 to confirm if the risk estimate we provide is consistent with the expected return of 0.16%. Precipitate Gold has a performance score of 1 on a scale of 0 to 100. The company holds a Beta of -1.56, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Precipitate Gold are expected to decrease by larger amounts. On the other hand, during market turmoil, Precipitate Gold is expected to outperform it. Precipitate Gold Corp right now holds a risk of 7.41%. Please check Precipitate Gold Corp jensen alpha, semi variance, price action indicator, as well as the relationship between the maximum drawdown and daily balance of power , to decide if Precipitate Gold Corp will be following its historical price patterns.
Auto-correlation | -0.13 |
Insignificant reverse predictability
Precipitate Gold Corp has insignificant reverse predictability. Overlapping area represents the amount of predictability between Precipitate Gold time series from 13th of May 2023 to 22nd of February 2024 and 22nd of February 2024 to 3rd 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 Precipitate Gold Corp price movement. The serial correlation of -0.13 indicates that less than 13.0% of current Precipitate Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Precipitate Gold Corp lagged returns against current returns
Autocorrelation, which is Precipitate 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 Precipitate Gold's otc stock expected returns. We can calculate the autocorrelation of Precipitate Gold returns to help us make a trade decision. For example, suppose you find that Precipitate 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 |
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Precipitate 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 Precipitate Gold otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Precipitate 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 Precipitate Gold otc stock over time.
Current vs Lagged Prices |
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Precipitate Gold Lagged Returns
When evaluating Precipitate Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Precipitate Gold otc stock have on its future price. Precipitate 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, Precipitate Gold autocorrelation shows the relationship between Precipitate Gold otc stock current value and its past values and can show if there is a momentum factor associated with investing in Precipitate Gold Corp.
Regressed Prices |
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Currently Active Assets on Macroaxis
Other Information on Investing in Precipitate OTC Stock
Precipitate Gold financial ratios help investors to determine whether Precipitate 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 Precipitate with respect to the benefits of owning Precipitate Gold security.