Engold Mines Stock Market Value
| GWRRF Stock | USD 0.05 0.03 142.72% |
| Symbol | EnGold |
EnGold Mines '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 EnGold Mines' pink sheet 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 EnGold Mines.
| 04/23/2025 |
| 07/22/2025 |
If you would invest 0.00 in EnGold Mines on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding EnGold Mines or generate 0.0% return on investment in EnGold Mines over 90 days. EnGold Mines is related to or competes with SKRR Exploration, Graphite One, Northern Dynasty, and GMV Minerals. EnGold Mines Ltd. explores for and evaluates mineral properties in Canada More
EnGold Mines 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 EnGold Mines' pink sheet 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 EnGold Mines upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1622 | |||
| Maximum Drawdown | 680.04 |
EnGold Mines Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EnGold Mines' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EnGold Mines' standard deviation. In reality, there are many statistical measures that can use EnGold Mines historical prices to predict the future EnGold Mines' volatility.| Risk Adjusted Performance | 0.1625 | |||
| Jensen Alpha | 16.84 | |||
| Total Risk Alpha | 1.7 | |||
| Treynor Ratio | (1.81) |
EnGold Mines Backtested Returns
EnGold Mines is out of control given 3 months investment horizon. EnGold Mines secures Sharpe Ratio (or Efficiency) of 0.17, which denotes the company had a 0.17 % return per unit of return volatility over the last 3 months. We were able to interpolate data for nineteen different technical indicators, which can help you to evaluate if expected returns of 16.49% are justified by taking the suggested risk. Use EnGold Mines mean deviation of 35.22, and Standard Deviation of 95.68 to evaluate company specific risk that cannot be diversified away. EnGold Mines holds a performance score of 13 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -8.67, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning EnGold Mines are expected to decrease by larger amounts. On the other hand, during market turmoil, EnGold Mines is expected to outperform it. Use EnGold Mines coefficient of variation, total risk alpha, as well as the relationship between the Total Risk Alpha and day median price , to analyze future returns on EnGold Mines.
Auto-correlation | -0.17 |
Insignificant reverse predictability
EnGold Mines has insignificant reverse predictability. Overlapping area represents the amount of predictability between EnGold Mines time series from 23rd of April 2025 to 7th of June 2025 and 7th of June 2025 to 22nd 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 EnGold Mines price movement. The serial correlation of -0.17 indicates that over 17.0% of current EnGold Mines price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | 0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
EnGold Mines lagged returns against current returns
Autocorrelation, which is EnGold Mines pink sheet'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 EnGold Mines' pink sheet expected returns. We can calculate the autocorrelation of EnGold Mines returns to help us make a trade decision. For example, suppose you find that EnGold Mines has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
EnGold Mines 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 EnGold Mines pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EnGold Mines pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EnGold Mines pink sheet over time.
Current vs Lagged Prices |
| Timeline |
EnGold Mines Lagged Returns
When evaluating EnGold Mines' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EnGold Mines pink sheet have on its future price. EnGold Mines 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, EnGold Mines autocorrelation shows the relationship between EnGold Mines pink sheet current value and its past values and can show if there is a momentum factor associated with investing in EnGold Mines.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in EnGold Pink Sheet
EnGold Mines financial ratios help investors to determine whether EnGold Pink Sheet 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 EnGold with respect to the benefits of owning EnGold Mines security.