Augusta Gold Corp Stock Market Value
| G Stock | CAD 1.68 0.01 0.60% |
| Symbol | Augusta |
Augusta Gold Corp Price To Book Ratio
Augusta 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 Augusta Gold'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 Augusta Gold.
| 05/12/2025 |
| 08/10/2025 |
If you would invest 0.00 in Augusta Gold on May 12, 2025 and sell it all today you would earn a total of 0.00 from holding Augusta Gold Corp or generate 0.0% return on investment in Augusta Gold over 90 days. Augusta Gold is related to or competes with Kinross Gold, Eldorado Gold, Barrick Gold, IAMGold, and Agnico Eagle. Goldcorp Inc. acquires, explores for, develops, and operates precious metal properties in Canada, the United States, Mex... More
Augusta 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 Augusta Gold'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 Augusta Gold Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.1 | |||
| Information Ratio | 0.1174 | |||
| Maximum Drawdown | 25.41 | |||
| Value At Risk | (4.20) | |||
| Potential Upside | 7.44 |
Augusta Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Augusta Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Augusta Gold's standard deviation. In reality, there are many statistical measures that can use Augusta Gold historical prices to predict the future Augusta Gold's volatility.| Risk Adjusted Performance | 0.1222 | |||
| Jensen Alpha | 0.564 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.1596 | |||
| Treynor Ratio | 1.56 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Augusta 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.
Augusta Gold Corp Backtested Returns
Augusta Gold appears to be dangerous, given 3 months investment horizon. Augusta Gold Corp secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16 % return per unit of standard deviation over the last 3 months. By analyzing Augusta Gold's technical indicators, you can evaluate if the expected return of 0.7% is justified by implied risk. Please makes use of Augusta Gold's risk adjusted performance of 0.1222, and Mean Deviation of 2.52 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Augusta Gold holds a performance score of 12. The firm shows a Beta (market volatility) of 0.39, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Augusta Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Augusta Gold is expected to be smaller as well. Please check Augusta Gold's potential upside, and the relationship between the total risk alpha and kurtosis , to make a quick decision on whether Augusta Gold's price patterns will revert.
Auto-correlation | -0.26 |
Weak reverse predictability
Augusta Gold Corp has weak reverse predictability. Overlapping area represents the amount of predictability between Augusta Gold time series from 12th of May 2025 to 26th of June 2025 and 26th of June 2025 to 10th of August 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 Augusta Gold Corp price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current Augusta Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Augusta Gold Corp lagged returns against current returns
Autocorrelation, which is Augusta Gold 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 Augusta Gold's stock expected returns. We can calculate the autocorrelation of Augusta Gold returns to help us make a trade decision. For example, suppose you find that Augusta Gold 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 |
Augusta 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 Augusta Gold stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Augusta Gold stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Augusta Gold stock over time.
Current vs Lagged Prices |
| Timeline |
Augusta Gold Lagged Returns
When evaluating Augusta Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Augusta Gold stock have on its future price. Augusta 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, Augusta Gold autocorrelation shows the relationship between Augusta Gold stock current value and its past values and can show if there is a momentum factor associated with investing in Augusta Gold Corp.
Regressed Prices |
| Timeline |
Pair Trading with Augusta Gold
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Augusta Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Augusta Gold will appreciate offsetting losses from the drop in the long position's value.Moving together with Augusta Stock
Moving against Augusta Stock
The ability to find closely correlated positions to Augusta Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Augusta Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Augusta Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Augusta Gold Corp to buy it.
The correlation of Augusta Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Augusta Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Augusta Gold Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Augusta Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Augusta Stock
Augusta Gold financial ratios help investors to determine whether Augusta 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 Augusta with respect to the benefits of owning Augusta Gold security.