Gomga Resources Stock Market Value
| GOMRF Stock | USD 0.18 0.01 5.26% |
| Symbol | GoMgA |
GoMgA Resources '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 GoMgA Resources' 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 GoMgA Resources.
| 05/07/2025 |
| 08/05/2025 |
If you would invest 0.00 in GoMgA Resources on May 7, 2025 and sell it all today you would earn a total of 0.00 from holding GoMgA Resources or generate 0.0% return on investment in GoMgA Resources over 90 days. GoMgA Resources is related to or competes with Defense Metals, Lithium Americas, Lithium Chile, Lynas Rare, Mkango Resources, Texas Rare, and Ucore Rare. Geomega Resources Inc. engages in the acquisition, evaluation, and exploration of mining properties in Canada More
GoMgA Resources 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 GoMgA Resources' 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 GoMgA Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.97 | |||
| Information Ratio | 0.1737 | |||
| Maximum Drawdown | 25.87 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 11.11 |
GoMgA Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GoMgA Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GoMgA Resources' standard deviation. In reality, there are many statistical measures that can use GoMgA Resources historical prices to predict the future GoMgA Resources' volatility.| Risk Adjusted Performance | 0.1635 | |||
| Jensen Alpha | 1.19 | |||
| Total Risk Alpha | 0.3221 | |||
| Sortino Ratio | 0.1399 | |||
| Treynor Ratio | 3.91 |
GoMgA Resources Backtested Returns
GoMgA Resources is out of control given 3 months investment horizon. GoMgA Resources holds Efficiency (Sharpe) Ratio of 0.19, which attests that the entity had a 0.19 % return per unit of risk over the last 3 months. We were able to interpolate data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.24% are justified by taking the suggested risk. Use GoMgA Resources Semi Deviation of 4.11, risk adjusted performance of 0.1635, and Market Risk Adjusted Performance of 3.92 to evaluate company specific risk that cannot be diversified away. GoMgA Resources holds a performance score of 15 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 0.31, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, GoMgA Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding GoMgA Resources is expected to be smaller as well. Use GoMgA Resources sortino ratio, skewness, relative strength index, as well as the relationship between the potential upside and day median price , to analyze future returns on GoMgA Resources.
Auto-correlation | 0.63 |
Good predictability
GoMgA Resources has good predictability. Overlapping area represents the amount of predictability between GoMgA Resources time series from 7th of May 2025 to 21st of June 2025 and 21st of June 2025 to 5th 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 GoMgA Resources price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current GoMgA Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
GoMgA Resources lagged returns against current returns
Autocorrelation, which is GoMgA Resources 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 GoMgA Resources' otc stock expected returns. We can calculate the autocorrelation of GoMgA Resources returns to help us make a trade decision. For example, suppose you find that GoMgA Resources 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 |
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GoMgA Resources 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 GoMgA Resources otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GoMgA Resources otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GoMgA Resources otc stock over time.
Current vs Lagged Prices |
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GoMgA Resources Lagged Returns
When evaluating GoMgA Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GoMgA Resources otc stock have on its future price. GoMgA Resources 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, GoMgA Resources autocorrelation shows the relationship between GoMgA Resources otc stock current value and its past values and can show if there is a momentum factor associated with investing in GoMgA Resources.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in GoMgA OTC Stock
GoMgA Resources financial ratios help investors to determine whether GoMgA 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 GoMgA with respect to the benefits of owning GoMgA Resources security.