Endurance Gold Stock Market Value
| ENDGF Stock | USD 0.16 0.02 11.11% |
| Symbol | Endurance |
Endurance 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 Endurance Gold'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 Endurance Gold.
| 04/24/2025 |
| 07/23/2025 |
If you would invest 0.00 in Endurance Gold on April 24, 2025 and sell it all today you would earn a total of 0.00 from holding Endurance Gold or generate 0.0% return on investment in Endurance Gold over 90 days. Endurance Gold is related to or competes with Evolution Mining, Centerra Gold, Galiano Gold, PT Bank, Thai Beverage, Grupo Mxico, and China Life. Endurance Gold Corporation explores for and develops mineral properties in North America More
Endurance 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 Endurance Gold'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 Endurance Gold upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1433 | |||
| Maximum Drawdown | 29.29 | |||
| Potential Upside | 10.0 |
Endurance Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Endurance Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Endurance Gold's standard deviation. In reality, there are many statistical measures that can use Endurance Gold historical prices to predict the future Endurance Gold's volatility.| Risk Adjusted Performance | 0.1741 | |||
| Jensen Alpha | 0.7409 | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | 2.52 |
Endurance Gold Backtested Returns
Endurance Gold appears to be out of control, given 3 months investment horizon. Endurance Gold secures Sharpe Ratio (or Efficiency) of 0.2, which denotes the company had a 0.2 % return per unit of standard deviation over the last 3 months. By reviewing Endurance Gold's technical indicators, you can evaluate if the expected return of 0.85% is justified by implied risk. Please utilize Endurance Gold's Coefficient Of Variation of 543.01, mean deviation of 2.25, and Standard Deviation of 4.37 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Endurance Gold holds a performance score of 16. The firm shows a Beta (market volatility) of 0.31, which means possible diversification benefits within a given portfolio. As returns on the market increase, Endurance Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Endurance Gold is expected to be smaller as well. Please check Endurance Gold's standard deviation, skewness, price action indicator, as well as the relationship between the jensen alpha and rate of daily change , to make a quick decision on whether Endurance Gold's price patterns will revert.
Auto-correlation | 0.87 |
Very good predictability
Endurance Gold has very good predictability. Overlapping area represents the amount of predictability between Endurance Gold 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 Endurance Gold price movement. The serial correlation of 0.87 indicates that approximately 87.0% of current Endurance Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.87 | |
| Spearman Rank Test | 0.88 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Endurance Gold lagged returns against current returns
Autocorrelation, which is Endurance Gold 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 Endurance Gold's otc stock expected returns. We can calculate the autocorrelation of Endurance Gold returns to help us make a trade decision. For example, suppose you find that Endurance Gold 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 |
Endurance 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 Endurance Gold otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Endurance Gold otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Endurance Gold otc stock over time.
Current vs Lagged Prices |
| Timeline |
Endurance Gold Lagged Returns
When evaluating Endurance Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Endurance Gold otc stock have on its future price. Endurance 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, Endurance Gold autocorrelation shows the relationship between Endurance Gold otc stock current value and its past values and can show if there is a momentum factor associated with investing in Endurance Gold.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Endurance OTC Stock
Endurance Gold financial ratios help investors to determine whether Endurance 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 Endurance with respect to the benefits of owning Endurance Gold security.