Volcanic Gold Mines Stock Market Value
| VLMZF Stock | USD 0.06 0.01 20.00% |
| Symbol | Volcanic |
Volcanic 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 Volcanic 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 Volcanic Gold.
| 09/22/2024 |
| 12/21/2024 |
If you would invest 0.00 in Volcanic Gold on September 22, 2024 and sell it all today you would earn a total of 0.00 from holding Volcanic Gold Mines or generate 0.0% return on investment in Volcanic Gold over 90 days. Volcanic Gold is related to or competes with Sitka Gold. Volcanic Gold Mines Inc. engages in the acquisition and exploration of mineral properties More
Volcanic 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 Volcanic 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 Volcanic Gold Mines upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0824 | |||
| Maximum Drawdown | 296.67 | |||
| Value At Risk | (10.98) |
Volcanic Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Volcanic Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Volcanic Gold's standard deviation. In reality, there are many statistical measures that can use Volcanic Gold historical prices to predict the future Volcanic Gold's volatility.| Risk Adjusted Performance | 0.0757 | |||
| Jensen Alpha | 3.73 | |||
| Total Risk Alpha | 2.21 | |||
| Treynor Ratio | (0.18) |
Volcanic Gold Mines Backtested Returns
Volcanic Gold is out of control given 3 months investment horizon. Volcanic Gold Mines owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0832, which indicates the firm had a 0.0832% return per unit of risk over the last 3 months. We were able to analyze twenty-one different technical indicators, which can help you to evaluate if expected returns of 3.34% are justified by taking the suggested risk. Use Volcanic Gold Mines Coefficient Of Variation of 1202.13, risk adjusted performance of 0.0757, and Variance of 1612.37 to evaluate company specific risk that cannot be diversified away. Volcanic Gold holds a performance score of 6 on a scale of zero to a hundred. The entity has a beta of -18.19, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Volcanic Gold are expected to decrease by larger amounts. On the other hand, during market turmoil, Volcanic Gold is expected to outperform it. Use Volcanic Gold Mines information ratio, kurtosis, as well as the relationship between the Kurtosis and price action indicator , to analyze future returns on Volcanic Gold Mines.
Auto-correlation | -0.37 |
Poor reverse predictability
Volcanic Gold Mines has poor reverse predictability. Overlapping area represents the amount of predictability between Volcanic Gold time series from 22nd of September 2024 to 6th of November 2024 and 6th of November 2024 to 21st 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 Volcanic Gold Mines price movement. The serial correlation of -0.37 indicates that just about 37.0% of current Volcanic Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.37 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Volcanic Gold Mines lagged returns against current returns
Autocorrelation, which is Volcanic 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 Volcanic Gold's pink sheet expected returns. We can calculate the autocorrelation of Volcanic Gold returns to help us make a trade decision. For example, suppose you find that Volcanic 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 |
Volcanic 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 Volcanic Gold pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Volcanic 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 Volcanic Gold pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Volcanic Gold Lagged Returns
When evaluating Volcanic Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Volcanic Gold pink sheet have on its future price. Volcanic 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, Volcanic Gold autocorrelation shows the relationship between Volcanic Gold pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Volcanic Gold Mines.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Volcanic Pink Sheet
Volcanic Gold financial ratios help investors to determine whether Volcanic 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 Volcanic with respect to the benefits of owning Volcanic Gold security.