Goldplay OTC Stock Market Value

AUCCF
 Stock
  

USD 0.048  0.00  0.00%   

Goldplay Mining's market value is the price at which a share of Goldplay Mining stock trades on a public exchange. It measures the collective expectations of Goldplay Mining investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Goldplay Mining and determine expected loss or profit from investing in Goldplay Mining over a given investment horizon. Please continue to Goldplay Mining Correlation, Goldplay Mining Volatility and Goldplay Mining Alpha and Beta module to complement your research on Goldplay Mining.
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Is Goldplay Mining's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Goldplay Mining. If investors know Goldplay will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Goldplay Mining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Goldplay Mining is measured differently than its book value, which is the value of Goldplay that is recorded on the company's balance sheet. Investors also form their own opinion of Goldplay Mining's value that differs from its market value or its book value, called intrinsic value, which is Goldplay Mining's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Goldplay Mining's market value can be influenced by many factors that don't directly affect Goldplay Mining's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Goldplay Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine Goldplay Mining value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Goldplay Mining'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.

Goldplay Mining '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 Goldplay Mining'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 Goldplay Mining.
0.00
08/27/2022
No Change 0.00  0.0 
In 30 days
09/26/2022
0.00
If you would invest  0.00  in Goldplay Mining on August 27, 2022 and sell it all today you would earn a total of 0.00 from holding Goldplay Mining or generate 0.0% return on investment in Goldplay Mining over 30 days. Goldplay Mining is related to or competes with BUSHVELD MINERALS. Goldplay Mining Inc. engages in the acquisition and exploration of mineral properties More

Goldplay Mining 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 Goldplay Mining'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 Goldplay Mining upside and downside potential and time the market with a certain degree of confidence.

Goldplay Mining Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Goldplay Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Goldplay Mining's standard deviation. In reality, there are many statistical measures that can use Goldplay Mining historical prices to predict the future Goldplay Mining's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Goldplay Mining'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. Please use the tools below to analyze the current value of Goldplay Mining in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.040.0480.05
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Intrinsic
Valuation
LowReal ValueHigh
0.040.040320.05
Details
Naive
Forecast
LowNext ValueHigh
0.0480.0480.048
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.0480.0480.048
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Goldplay Mining. Your research has to be compared to or analyzed against Goldplay Mining's peers to derive any actionable benefits. When done correctly, Goldplay Mining's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Goldplay Mining.

Goldplay Mining Backtested Returns

Our standpoint towards determining the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-four technical indicators for Goldplay Mining, which you can use to evaluate the future volatility of the firm. Please check out Goldplay Mining to validate if the risk estimate we provide is consistent with the expected return of 0.0%.
The company retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. Let's try to break down what Goldplay's beta means in this case. the returns on MARKET and Goldplay Mining are completely uncorrelated. Although it is important to respect Goldplay Mining current price history, it is better to be realistic regarding the information on the equity's current price movements. The philosophy towards determining future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By evaluating Goldplay Mining technical indicators, you can presently evaluate if the expected return of 0.0% will be sustainable into the future. Goldplay Mining right now retains a risk of 0.0%. Please check out Goldplay Mining jensen alpha, potential upside, rate of daily change, as well as the relationship between the treynor ratio and expected short fall to decide if Goldplay Mining will be following its current trending patterns.

Auto-correlation

    
  1.00  

Perfect predictability

Goldplay Mining has perfect predictability. Overlapping area represents the amount of predictability between Goldplay Mining time series from 27th of August 2022 to 11th of September 2022 and 11th of September 2022 to 26th of September 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Goldplay Mining price movement. The serial correlation of 1.0 indicates that 100.0% of current Goldplay Mining price fluctuation can be explain by its past prices.
Correlation Coefficient1.0
Spearman Rank Test1.0
Residual Average0.0
Price Variance0.0

Goldplay Mining lagged returns against current returns

Autocorrelation, which is Goldplay Mining 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 Goldplay Mining's otc stock expected returns. We can calculate the autocorrelation of Goldplay Mining returns to help us make a trade decision. For example, suppose you find that Goldplay Mining otc stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

Goldplay Mining 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 Goldplay Mining otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Goldplay Mining otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Goldplay Mining otc stock over time.
   Current vs Lagged Prices   
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       Timeline  

Goldplay Mining Lagged Returns

When evaluating Goldplay Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Goldplay Mining otc stock have on its future price. Goldplay Mining 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, Goldplay Mining autocorrelation shows the relationship between Goldplay Mining otc stock current value and its past values and can show if there is a momentum factor associated with investing in Goldplay Mining.
   Regressed Prices   
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       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in Goldplay Mining without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Goldplay Mining

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 Goldplay Mining 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 Goldplay Mining will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Goldplay Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Goldplay Mining 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 Goldplay Mining - 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 Goldplay Mining to buy it.
The correlation of Goldplay Mining is a statistical measure of how it moves in relation to other equities. 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 Goldplay Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Goldplay Mining 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 Goldplay Mining 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.
Pair CorrelationCorrelation Matching
Please continue to Goldplay Mining Correlation, Goldplay Mining Volatility and Goldplay Mining Alpha and Beta module to complement your research on Goldplay Mining. Note that the Goldplay Mining information on this page should be used as a complementary analysis to other Goldplay Mining's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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When running Goldplay Mining price analysis, check to measure Goldplay Mining's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Goldplay Mining is operating at the current time. Most of Goldplay Mining's value examination focuses on studying past and present price action to predict the probability of Goldplay Mining's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Goldplay Mining's price. Additionally, you may evaluate how the addition of Goldplay Mining to your portfolios can decrease your overall portfolio volatility.
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Goldplay Mining technical otc stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, otc market cycles, or different charting patterns.
A focus of Goldplay Mining technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Goldplay Mining trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...