GOLDGROUP MINING (Germany) Market Value
| 55G0 Stock | 0.68 0.06 9.68% |
| Symbol | GOLDGROUP |
GOLDGROUP MINING '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 GOLDGROUP MINING's 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 GOLDGROUP MINING.
| 04/24/2025 |
| 07/23/2025 |
If you would invest 0.00 in GOLDGROUP MINING on April 24, 2025 and sell it all today you would earn a total of 0.00 from holding GOLDGROUP MINING INC or generate 0.0% return on investment in GOLDGROUP MINING over 90 days. GOLDGROUP MINING is related to or competes with ASM Pacific, PKSHA TECHNOLOGY, GEELY AUTOMOBILE, Carsales, Firan Technology, CARSALES, and Urban Outfitters. More
GOLDGROUP MINING 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 GOLDGROUP MINING's 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 GOLDGROUP MINING INC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.16 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 20.98 | |||
| Value At Risk | (6.06) | |||
| Potential Upside | 6.25 |
GOLDGROUP MINING Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GOLDGROUP MINING's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GOLDGROUP MINING's standard deviation. In reality, there are many statistical measures that can use GOLDGROUP MINING historical prices to predict the future GOLDGROUP MINING's volatility.| Risk Adjusted Performance | 0.0362 | |||
| Jensen Alpha | (0.00000491) | |||
| Total Risk Alpha | (0.59) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1683 |
GOLDGROUP MINING INC Backtested Returns
At this point, GOLDGROUP MINING is abnormally volatile. GOLDGROUP MINING INC holds Efficiency (Sharpe) Ratio of 0.0107, which attests that the entity had a 0.0107 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for GOLDGROUP MINING INC, which you can use to evaluate the volatility of the firm. Please check out GOLDGROUP MINING's Risk Adjusted Performance of 0.0362, semi deviation of 3.28, and Market Risk Adjusted Performance of 0.1783 to validate if the risk estimate we provide is consistent with the expected return of 0.0387%. The company retains a Market Volatility (i.e., Beta) of 0.65, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, GOLDGROUP MINING's returns are expected to increase less than the market. However, during the bear market, the loss of holding GOLDGROUP MINING is expected to be smaller as well. GOLDGROUP MINING INC currently retains a risk of 3.61%. Please check out GOLDGROUP MINING semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and information ratio , to decide if GOLDGROUP MINING will be following its current trending patterns.
Auto-correlation | -0.45 |
Modest reverse predictability
GOLDGROUP MINING INC has modest reverse predictability. Overlapping area represents the amount of predictability between GOLDGROUP MINING time series from 24th of April 2025 to 8th of June 2025 and 8th of June 2025 to 23rd of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of GOLDGROUP MINING INC price movement. The serial correlation of -0.45 indicates that just about 45.0% of current GOLDGROUP MINING price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.45 | |
| Spearman Rank Test | -0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
GOLDGROUP MINING INC lagged returns against current returns
Autocorrelation, which is GOLDGROUP MINING 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 GOLDGROUP MINING's stock expected returns. We can calculate the autocorrelation of GOLDGROUP MINING returns to help us make a trade decision. For example, suppose you find that GOLDGROUP MINING has exhibited high autocorrelation historically, and you observe that the 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 |
GOLDGROUP MINING 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 GOLDGROUP MINING stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GOLDGROUP MINING stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GOLDGROUP MINING stock over time.
Current vs Lagged Prices |
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GOLDGROUP MINING Lagged Returns
When evaluating GOLDGROUP MINING's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GOLDGROUP MINING stock have on its future price. GOLDGROUP MINING 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, GOLDGROUP MINING autocorrelation shows the relationship between GOLDGROUP MINING stock current value and its past values and can show if there is a momentum factor associated with investing in GOLDGROUP MINING INC.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in GOLDGROUP Stock
GOLDGROUP MINING financial ratios help investors to determine whether GOLDGROUP 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 GOLDGROUP with respect to the benefits of owning GOLDGROUP MINING security.