Radius Gold Stock Market Value
| RDUFF Stock | USD 0.05 0.01 16.67% |
| Symbol | Radius |
Radius 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 Radius Gold'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 Radius Gold.
| 11/22/2024 |
| 12/22/2024 |
If you would invest 0.00 in Radius Gold on November 22, 2024 and sell it all today you would earn a total of 0.00 from holding Radius Gold or generate 0.0% return on investment in Radius Gold over 30 days. Radius Gold is related to or competes with Lion One, Satori Resources, Wesdome Gold, Gold Reserve, Osisko Gold, and I 80. Radius Gold Inc. engages in the acquisition and exploration of mineral properties More
Radius 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 Radius Gold'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 Radius Gold upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 23.74 | |||
| Information Ratio | 0.0781 | |||
| Maximum Drawdown | 133.33 | |||
| Value At Risk | (25.00) | |||
| Potential Upside | 36.67 |
Radius Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Radius Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Radius Gold's standard deviation. In reality, there are many statistical measures that can use Radius Gold historical prices to predict the future Radius Gold's volatility.| Risk Adjusted Performance | 0.0728 | |||
| Jensen Alpha | 1.43 | |||
| Total Risk Alpha | 0.9791 | |||
| Sortino Ratio | 0.0628 | |||
| Treynor Ratio | 0.3907 |
Radius Gold Backtested Returns
Radius Gold is out of control given 3 months investment horizon. Radius Gold maintains Sharpe Ratio (i.e., Efficiency) of 0.0804, which implies the firm had a 0.0804% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.55% are justified by taking the suggested risk. Use Radius Gold Risk Adjusted Performance of 0.0728, semi deviation of 10.55, and Coefficient Of Variation of 1253.65 to evaluate company specific risk that cannot be diversified away. Radius Gold holds a performance score of 6 on a scale of zero to a hundred. The company holds a Beta of 3.88, which implies 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, Radius Gold will likely underperform. Use Radius Gold jensen alpha, semi variance, price action indicator, as well as the relationship between the maximum drawdown and daily balance of power , to analyze future returns on Radius Gold.
Auto-correlation | -0.19 |
Insignificant reverse predictability
Radius Gold has insignificant reverse predictability. Overlapping area represents the amount of predictability between Radius Gold time series from 22nd of November 2024 to 7th of December 2024 and 7th of December 2024 to 22nd 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 Radius Gold price movement. The serial correlation of -0.19 indicates that over 19.0% of current Radius Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | 0.84 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Radius Gold lagged returns against current returns
Autocorrelation, which is Radius Gold 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 Radius Gold's pink sheet expected returns. We can calculate the autocorrelation of Radius Gold returns to help us make a trade decision. For example, suppose you find that Radius Gold 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 |
Radius 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 Radius Gold pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Radius Gold pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Radius Gold pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Radius Gold Lagged Returns
When evaluating Radius Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Radius Gold pink sheet have on its future price. Radius 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, Radius Gold autocorrelation shows the relationship between Radius Gold pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Radius Gold.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Radius Pink Sheet
Radius Gold financial ratios help investors to determine whether Radius Pink Sheet 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 Radius with respect to the benefits of owning Radius Gold security.