Continental Gold Backtesting

Continental Gold Inc -- Canada Stock  

CAD 3.12  0.09  2.97%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Continental Gold Inc and determine expected loss or profit from investing in Continental Gold over given investment horizon. Check also Continental Gold Hype Analysis, Continental Gold Correlation, Continental Gold Valuation, Continental Gold Volatility as well as analyze Continental Gold Alpha and Beta and Continental Gold Performance
Investment Horizon     30 Days    Login   to change

Continental Gold 'What if' Analysis

November 13, 2017
No Change 0.00  0.0%
In 31 days
December 13, 2017
If you would invest  0.00  in Continental Gold on November 13, 2017 and sell it all today you would earn a total of 0.00 from holding Continental Gold Inc or generate 0.0% return on investment in Continental Gold over 30 days. Continental Gold is related to or competes with Parex Resources, Boralex, Lucara Diamond, China Gold, North American. Continental Gold Inc holds the rights to explore 1 advancedstage gold project and 3 earlystage projects in Colombia cove...

Continental Gold Upside/Downside Indicators


Continental Gold Market Premium Indicators

Continental Gold Inc lagged returns against current returns

 Current and Lagged Values 

Continental Gold regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Continental Gold Inc Backtested Returns

Macroaxis considers Continental Gold to be unusually risky. Continental Gold Inc secures Sharpe Ratio (or Efficiency) of -0.1982 which signifies that Continental Gold Inc had -0.1982% of return per unit of risk over the last 1 month. Macroaxis philosophy towards foreseeing risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Continental Gold Inc exposes twenty-eight different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Continental Gold Inc Risk Adjusted Performance of (0.093308) and Mean Deviation of 1.22 to double-check risk estimate we provide. Macroaxis gives Continental Gold performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of 0.629 which signifies that as returns on market increase, Continental Gold returns are expected to increase less than the market. However during bear market, the loss on holding Continental Gold will be expected to be smaller as well.. Even though it is essential to pay attention to Continental Gold Inc historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy towards foreseeing future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Continental Gold Inc exposes twenty-eight different technical indicators which can help you to evaluate its performance. Continental Gold Inc has expected return of -0.3185%. Please be advised to confirm Continental Gold Inc Sortino Ratio, Skewness, Price Action Indicator, as well as the relationship between Potential Upside and Rate Of Daily Change to decide if Continental Gold Inc past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.45 

Average predictability

Continental Gold Inc has average predictability. Overlapping area represents the amount of predictability between Continental Gold time series from November 13, 2017 to November 28, 2017 and November 28, 2017 to December 13, 2017. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Continental Gold Inc price movement. The serial correlation of 0.45 indicates that just about 45.0% of current Continental Gold price fluctuation can be explain by its past prices.
Correlation Coefficient 0.45
Spearman Rank Test 0.14
Average Price 3.02
Lagged Average Price 3.13

Continental Gold Lagged Returns

 Regressed Prices 

Continental Gold Performance vs SPTSX Comp

The median price of Continental Gold for the period between Mon, Nov 13, 2017 and Wed, Dec 13, 2017 is 3.08 with a coefficient of variation of 2.48. The daily time series for the period is distributed with a sample standard deviation of 0.08, arithmetic mean of 3.07, and mean deviation of 0.06. The Stock received some media coverage during the period.
Price Growth (%)  
Continental Gold Inc Reaches Active Mover List12/12/2017