Gold Terra Resource Stock Market Value
| YGTFF Stock | USD 0.04 0.00 0.00% |
| Symbol | Gold |
Gold Terra '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 Terra'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 Gold Terra.
| 06/12/2023 |
| 12/03/2024 |
If you would invest 0.00 in Gold Terra on June 12, 2023 and sell it all today you would earn a total of 0.00 from holding Gold Terra Resource or generate 0.0% return on investment in Gold Terra over 540 days. Gold Terra is related to or competes with Norsemont Mining, Grande Portage, and Altamira Gold. Gold Terra Resource Corp. engages in the exploration and development of mineral properties in Canada More
Gold Terra 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 Terra'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 Gold Terra Resource upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.9 | |||
| Information Ratio | 0.0336 | |||
| Maximum Drawdown | 26.5 | |||
| Value At Risk | (7.00) | |||
| Potential Upside | 8.27 |
Gold Terra Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gold Terra's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gold Terra's standard deviation. In reality, there are many statistical measures that can use Gold Terra historical prices to predict the future Gold Terra's volatility.| Risk Adjusted Performance | 0.0537 | |||
| Jensen Alpha | 0.3785 | |||
| Total Risk Alpha | (0.45) | |||
| Sortino Ratio | 0.0334 | |||
| Treynor Ratio | (0.32) |
Gold Terra Resource Backtested Returns
Gold Terra appears to be out of control, given 3 months investment horizon. Gold Terra Resource holds Efficiency (Sharpe) Ratio of 0.0445, which attests that the entity had a 0.0445% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Gold Terra Resource, which you can use to evaluate the volatility of the firm. Please utilize Gold Terra's Risk Adjusted Performance of 0.0537, downside deviation of 4.9, and Market Risk Adjusted Performance of (0.31) to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Gold Terra holds a performance score of 3. The company retains a Market Volatility (i.e., Beta) of -0.88, which attests to possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Gold Terra are expected to decrease slowly. On the other hand, during market turmoil, Gold Terra is expected to outperform it slightly. Please check Gold Terra's maximum drawdown, as well as the relationship between the semi variance and rate of daily change , to make a quick decision on whether Gold Terra's current trending patterns will revert.
Auto-correlation | 0.30 |
Below average predictability
Gold Terra Resource has below average predictability. Overlapping area represents the amount of predictability between Gold Terra time series from 12th of June 2023 to 8th of March 2024 and 8th of March 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 Gold Terra Resource price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current Gold Terra price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Gold Terra Resource lagged returns against current returns
Autocorrelation, which is Gold Terra 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 Gold Terra's otc stock expected returns. We can calculate the autocorrelation of Gold Terra returns to help us make a trade decision. For example, suppose you find that Gold Terra 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 |
| Timeline |
Gold Terra 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 Terra otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gold Terra otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gold Terra otc stock over time.
Current vs Lagged Prices |
| Timeline |
Gold Terra Lagged Returns
When evaluating Gold Terra's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gold Terra otc stock have on its future price. Gold Terra 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 Terra autocorrelation shows the relationship between Gold Terra otc stock current value and its past values and can show if there is a momentum factor associated with investing in Gold Terra Resource.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Gold OTC Stock
Gold Terra financial ratios help investors to determine whether Gold 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 Gold with respect to the benefits of owning Gold Terra security.