EnviroGold Global's market value is the price at which a share of EnviroGold Global trades on a public exchange. It measures the collective expectations of EnviroGold Global Limited investors about its performance. EnviroGold Global is trading at 0.0661 as of the 27th of July 2025. This is a 7.13 percent increase since the beginning of the trading day. The stock's lowest day price was 0.0661. With this module, you can estimate the performance of a buy and hold strategy of EnviroGold Global Limited and determine expected loss or profit from investing in EnviroGold Global over a given investment horizon. Check out EnviroGold Global Correlation, EnviroGold Global Volatility and EnviroGold Global Alpha and Beta module to complement your research on EnviroGold Global.
Please note, there is a significant difference between EnviroGold Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if EnviroGold Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EnviroGold Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
EnviroGold Global '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 EnviroGold Global'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 EnviroGold Global.
0.00
04/28/2025
No Change 0.00
0.0
In 3 months and 1 day
07/27/2025
0.00
If you would invest 0.00 in EnviroGold Global on April 28, 2025 and sell it all today you would earn a total of 0.00 from holding EnviroGold Global Limited or generate 0.0% return on investment in EnviroGold Global over 90 days. EnviroGold Global is related to or competes with Star Royalties, Defiance Silver, GoGold Resources, and High Wire. EnviroGold Global Limited operates as a clean technology company in Canada More
EnviroGold Global 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 EnviroGold Global'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 EnviroGold Global Limited upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for EnviroGold Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EnviroGold Global's standard deviation. In reality, there are many statistical measures that can use EnviroGold Global historical prices to predict the future EnviroGold Global's volatility.
EnviroGold Global appears to be out of control, given 3 months investment horizon. EnviroGold Global secures Sharpe Ratio (or Efficiency) of 0.062, which denotes the company had a 0.062 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for EnviroGold Global Limited, which you can use to evaluate the volatility of the firm. Please utilize EnviroGold Global's Coefficient Of Variation of 1612.15, mean deviation of 3.32, and Downside Deviation of 6.95 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, EnviroGold Global holds a performance score of 4. The firm shows a Beta (market volatility) of -0.36, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning EnviroGold Global are expected to decrease at a much lower rate. During the bear market, EnviroGold Global is likely to outperform the market. Please check EnviroGold Global's value at risk and the relationship between the expected short fall and period momentum indicator , to make a quick decision on whether EnviroGold Global's price patterns will revert.
Auto-correlation
0.37
Below average predictability
EnviroGold Global Limited has below average predictability. Overlapping area represents the amount of predictability between EnviroGold Global time series from 28th of April 2025 to 12th of June 2025 and 12th of June 2025 to 27th 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 EnviroGold Global price movement. The serial correlation of 0.37 indicates that just about 37.0% of current EnviroGold Global price fluctuation can be explain by its past prices.
Correlation Coefficient
0.37
Spearman Rank Test
0.23
Residual Average
0.0
Price Variance
0.0
EnviroGold Global lagged returns against current returns
Autocorrelation, which is EnviroGold Global 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 EnviroGold Global's otc stock expected returns. We can calculate the autocorrelation of EnviroGold Global returns to help us make a trade decision. For example, suppose you find that EnviroGold Global 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
EnviroGold Global 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 EnviroGold Global otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EnviroGold Global otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EnviroGold Global otc stock over time.
Current vs Lagged Prices
Timeline
EnviroGold Global Lagged Returns
When evaluating EnviroGold Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EnviroGold Global otc stock have on its future price. EnviroGold Global 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, EnviroGold Global autocorrelation shows the relationship between EnviroGold Global otc stock current value and its past values and can show if there is a momentum factor associated with investing in EnviroGold Global Limited.
Other Information on Investing in EnviroGold OTC Stock
EnviroGold Global financial ratios help investors to determine whether EnviroGold 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 EnviroGold with respect to the benefits of owning EnviroGold Global security.