Golden Agri Resources Stock Market Value
| GARPF Stock | USD 0.18 0.00 0.00% |
| Symbol | Golden |
Golden Agri-Resources '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 Golden Agri-Resources' 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 Golden Agri-Resources.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Golden Agri-Resources on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding Golden Agri Resources or generate 0.0% return on investment in Golden Agri-Resources over 30 days. Golden Agri-Resources is related to or competes with Wilmar International, Brasilagro Adr, Alico, SalMar ASA, Cal Maine, Bunge, and Adecoagro. Golden Agri-Resources Ltd, an investment holding company, operates as an integrated palm oil plantation company in Europ... More
Golden Agri-Resources 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 Golden Agri-Resources' 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 Golden Agri Resources upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 33.97 | |||
| Value At Risk | (4.76) | |||
| Potential Upside | 5.56 |
Golden Agri-Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Golden Agri-Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Golden Agri-Resources' standard deviation. In reality, there are many statistical measures that can use Golden Agri-Resources historical prices to predict the future Golden Agri-Resources' volatility.| Risk Adjusted Performance | 0.0131 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.63) | |||
| Treynor Ratio | 0.0276 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Golden Agri-Resources' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Golden Agri Resources Backtested Returns
We consider Golden Agri-Resources out of control. Golden Agri Resources holds Efficiency (Sharpe) Ratio of 0.0073, which attests that the entity had a 0.0073% return per unit of risk over the last 3 months. We have found eighteen technical indicators for Golden Agri Resources, which you can use to evaluate the volatility of the firm. Please check out Golden Agri-Resources' Market Risk Adjusted Performance of 0.0376, risk adjusted performance of 0.0131, and Standard Deviation of 4.81 to validate if the risk estimate we provide is consistent with the expected return of 0.0365%. The company retains a Market Volatility (i.e., Beta) of 0.88, which attests to possible diversification benefits within a given portfolio. Golden Agri-Resources returns are very sensitive to returns on the market. As the market goes up or down, Golden Agri-Resources is expected to follow. Golden Agri Resources right now retains a risk of 4.96%. Please check out Golden Agri-Resources standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and kurtosis , to decide if Golden Agri-Resources will be following its current trending patterns.
Auto-correlation | 0.10 |
Insignificant predictability
Golden Agri Resources has insignificant predictability. Overlapping area represents the amount of predictability between Golden Agri-Resources time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th of April 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 Golden Agri Resources price movement. The serial correlation of 0.1 indicates that less than 10.0% of current Golden Agri-Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.1 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Golden Agri Resources lagged returns against current returns
Autocorrelation, which is Golden Agri-Resources 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 Golden Agri-Resources' pink sheet expected returns. We can calculate the autocorrelation of Golden Agri-Resources returns to help us make a trade decision. For example, suppose you find that Golden Agri-Resources 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 |
Golden Agri-Resources 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 Golden Agri-Resources pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Golden Agri-Resources pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Golden Agri-Resources pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Golden Agri-Resources Lagged Returns
When evaluating Golden Agri-Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Golden Agri-Resources pink sheet have on its future price. Golden Agri-Resources 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, Golden Agri-Resources autocorrelation shows the relationship between Golden Agri-Resources pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Golden Agri Resources.
Regressed Prices |
| Timeline |
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Complementary Tools for Golden Pink Sheet analysis
When running Golden Agri-Resources' price analysis, check to measure Golden Agri-Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Golden Agri-Resources is operating at the current time. Most of Golden Agri-Resources' value examination focuses on studying past and present price action to predict the probability of Golden Agri-Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Golden Agri-Resources' price. Additionally, you may evaluate how the addition of Golden Agri-Resources to your portfolios can decrease your overall portfolio volatility.
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Golden Agri-Resources technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.