OceanaGold's market value is the price at which a share of OceanaGold trades on a public exchange. It measures the collective expectations of OceanaGold investors about its performance. OceanaGold is trading at 17.05 as of the 19th of August 2025. This is a 0.71% increase since the beginning of the trading day. The stock's lowest day price was 16.6. With this module, you can estimate the performance of a buy and hold strategy of OceanaGold and determine expected loss or profit from investing in OceanaGold over a given investment horizon. Check out OceanaGold Correlation, OceanaGold Volatility and OceanaGold Alpha and Beta module to complement your research on OceanaGold.
Please note, there is a significant difference between OceanaGold's value and its price as these two are different measures arrived at by different means. Investors typically determine if OceanaGold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OceanaGold'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.
OceanaGold '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 OceanaGold's 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 OceanaGold.
0.00
07/20/2025
No Change 0.00
0.0
In 30 days
08/19/2025
0.00
If you would invest 0.00 in OceanaGold on July 20, 2025 and sell it all today you would earn a total of 0.00 from holding OceanaGold or generate 0.0% return on investment in OceanaGold over 30 days. OceanaGold is related to or competes with Regis Resources, Perseus Mining, Northern Star, Endeavour Mining, Mandalay Resources, Torex Gold, and Wesdome Gold. OceanaGold Corporation, a gold producer, engages in the exploration, development, and operation of mineral properties More
OceanaGold 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 OceanaGold's 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 OceanaGold 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 OceanaGold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as OceanaGold's standard deviation. In reality, there are many statistical measures that can use OceanaGold historical prices to predict the future OceanaGold's volatility.
OceanaGold appears to be not too volatile, given 3 months investment horizon. OceanaGold maintains Sharpe Ratio (i.e., Efficiency) of 0.19, which implies the firm had a 0.19 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for OceanaGold, which you can use to evaluate the volatility of the company. Please evaluate OceanaGold's Coefficient Of Variation of 471.32, semi deviation of 1.81, and Risk Adjusted Performance of 0.1583 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, OceanaGold holds a performance score of 15. The company holds a Beta of -0.59, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning OceanaGold are expected to decrease at a much lower rate. During the bear market, OceanaGold is likely to outperform the market. Please check OceanaGold's standard deviation, value at risk, kurtosis, as well as the relationship between the sortino ratio and semi variance , to make a quick decision on whether OceanaGold's historical price patterns will revert.
Auto-correlation
-0.63
Very good reverse predictability
OceanaGold has very good reverse predictability. Overlapping area represents the amount of predictability between OceanaGold time series from 20th of July 2025 to 4th of August 2025 and 4th of August 2025 to 19th 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 OceanaGold price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current OceanaGold price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.63
Spearman Rank Test
-0.64
Residual Average
0.0
Price Variance
1.15
OceanaGold lagged returns against current returns
Autocorrelation, which is OceanaGold 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 OceanaGold's pink sheet expected returns. We can calculate the autocorrelation of OceanaGold returns to help us make a trade decision. For example, suppose you find that OceanaGold 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
OceanaGold 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 OceanaGold pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if OceanaGold pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in OceanaGold pink sheet over time.
Current vs Lagged Prices
Timeline
OceanaGold Lagged Returns
When evaluating OceanaGold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of OceanaGold pink sheet have on its future price. OceanaGold 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, OceanaGold autocorrelation shows the relationship between OceanaGold pink sheet current value and its past values and can show if there is a momentum factor associated with investing in OceanaGold.
Other Information on Investing in OceanaGold Pink Sheet
OceanaGold financial ratios help investors to determine whether OceanaGold 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 OceanaGold with respect to the benefits of owning OceanaGold security.