San Gold Stock Market Value
San Gold's market value is the price at which a share of San Gold trades on a public exchange. It measures the collective expectations of San Gold investors about its performance. With this module, you can estimate the performance of a buy and hold strategy of San Gold and determine expected loss or profit from investing in San Gold over a given investment horizon. Check out San Gold Correlation, San Gold Volatility and San Gold Alpha and Beta module to complement your research on San Gold.
| Symbol | San |
San 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 San 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 San Gold.
| 03/24/2024 |
| 04/23/2024 |
If you would invest 0.00 in San Gold on March 24, 2024 and sell it all today you would earn a total of 0.00 from holding San Gold or generate 0.0% return on investment in San Gold over 30 days. San Gold is related to or competes with Covalon Technologies, Mosaic Immunoengineerin, and Cellectis. San Gold Corporation explores for and produces gold in Canada More
San 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 San 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 San Gold upside and downside potential and time the market with a certain degree of confidence.
San Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for San Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as San Gold's standard deviation. In reality, there are many statistical measures that can use San Gold historical prices to predict the future San Gold's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of San Gold's 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.
San Gold Backtested Returns
We have found zero technical indicators for San Gold, which you can use to evaluate the volatility of the company. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and San Gold are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
San Gold has no correlation between past and present. Overlapping area represents the amount of predictability between San Gold time series from 24th of March 2024 to 8th of April 2024 and 8th of April 2024 to 23rd 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 San Gold price movement. The serial correlation of 0.0 indicates that just 0.0% of current San Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
San Gold lagged returns against current returns
Autocorrelation, which is San 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 San Gold's pink sheet expected returns. We can calculate the autocorrelation of San Gold returns to help us make a trade decision. For example, suppose you find that San 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 |
San 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 San Gold pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if San 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 San Gold pink sheet over time.
Current vs Lagged Prices |
| Timeline |
San Gold Lagged Returns
When evaluating San Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of San Gold pink sheet have on its future price. San 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, San Gold autocorrelation shows the relationship between San Gold pink sheet current value and its past values and can show if there is a momentum factor associated with investing in San Gold.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Check out San Gold Correlation, San Gold Volatility and San Gold Alpha and Beta module to complement your research on San Gold. Note that the San Gold information on this page should be used as a complementary analysis to other San Gold's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for San Pink Sheet analysis
When running San Gold's price analysis, check to measure San Gold's 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 San Gold is operating at the current time. Most of San Gold's value examination focuses on studying past and present price action to predict the probability of San Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move San Gold's price. Additionally, you may evaluate how the addition of San Gold to your portfolios can decrease your overall portfolio volatility.
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San Gold 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.