Golden Lake Exploration Stock Market Value
| GOLXF Stock | USD 0.04 0.0009 2.57% |
| Symbol | Golden |
Golden Lake '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 Golden Lake'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 Golden Lake.
| 05/09/2025 |
| 08/07/2025 |
If you would invest 0.00 in Golden Lake on May 9, 2025 and sell it all today you would earn a total of 0.00 from holding Golden Lake Exploration or generate 0.0% return on investment in Golden Lake over 90 days. Golden Lake is related to or competes with Macmahon Holdings, Prime Meridian, Eskay Mining, Goliath Resources, Labrador Gold, and Getchell Gold. Golden Lake Exploration Inc., a junior mining exploration company, engages in the acquisition, exploration, and developm... More
Golden Lake 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 Golden Lake'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 Golden Lake Exploration upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.9 | |||
| Information Ratio | 0.0246 | |||
| Maximum Drawdown | 33.29 | |||
| Value At Risk | (10.46) | |||
| Potential Upside | 12.12 |
Golden Lake Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Golden Lake's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Golden Lake's standard deviation. In reality, there are many statistical measures that can use Golden Lake historical prices to predict the future Golden Lake's volatility.| Risk Adjusted Performance | 0.0404 | |||
| Jensen Alpha | 0.2783 | |||
| Total Risk Alpha | (0.50) | |||
| Sortino Ratio | 0.0203 | |||
| Treynor Ratio | (0.85) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Golden Lake'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.
Golden Lake Exploration Backtested Returns
Golden Lake appears to be out of control, given 3 months investment horizon. Golden Lake Exploration holds Efficiency (Sharpe) Ratio of 0.0401, which attests that the entity had a 0.0401 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Golden Lake Exploration, which you can use to evaluate the volatility of the firm. Please utilize Golden Lake's Market Risk Adjusted Performance of (0.84), downside deviation of 7.9, and Risk Adjusted Performance of 0.0404 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Golden Lake holds a performance score of 3. The company retains a Market Volatility (i.e., Beta) of -0.3, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Golden Lake are expected to decrease at a much lower rate. During the bear market, Golden Lake is likely to outperform the market. Please check Golden Lake's sortino ratio and the relationship between the downside variance and period momentum indicator , to make a quick decision on whether Golden Lake's current trending patterns will revert.
Auto-correlation | -0.63 |
Very good reverse predictability
Golden Lake Exploration has very good reverse predictability. Overlapping area represents the amount of predictability between Golden Lake time series from 9th of May 2025 to 23rd of June 2025 and 23rd of June 2025 to 7th 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 Golden Lake Exploration price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current Golden Lake price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Golden Lake Exploration lagged returns against current returns
Autocorrelation, which is Golden Lake 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 Golden Lake's otc stock expected returns. We can calculate the autocorrelation of Golden Lake returns to help us make a trade decision. For example, suppose you find that Golden Lake 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 |
Golden Lake 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 Golden Lake otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Golden Lake otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Golden Lake otc stock over time.
Current vs Lagged Prices |
| Timeline |
Golden Lake Lagged Returns
When evaluating Golden Lake's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Golden Lake otc stock have on its future price. Golden Lake 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, Golden Lake autocorrelation shows the relationship between Golden Lake otc stock current value and its past values and can show if there is a momentum factor associated with investing in Golden Lake Exploration.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Golden OTC Stock
Golden Lake financial ratios help investors to determine whether Golden 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 Golden with respect to the benefits of owning Golden Lake security.