GOLD FIELDS (Germany) Market Value
| EDGA Stock | EUR 20.50 0.10 0.49% |
| Symbol | GOLD |
GOLD FIELDS '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 GOLD FIELDS's 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 GOLD FIELDS.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in GOLD FIELDS on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding GOLD FIELDS or generate 0.0% return on investment in GOLD FIELDS over 90 days. GOLD FIELDS is related to or competes with EEDUCATION ALBERT, Extra Space, DATANG INTL, Datalogic SpA, CHINA EDUCATION, and Grand Canyon. More
GOLD FIELDS 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 GOLD FIELDS's 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 GOLD FIELDS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.81 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 14.97 | |||
| Value At Risk | (4.04) | |||
| Potential Upside | 3.9 |
GOLD FIELDS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GOLD FIELDS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GOLD FIELDS's standard deviation. In reality, there are many statistical measures that can use GOLD FIELDS historical prices to predict the future GOLD FIELDS's volatility.| Risk Adjusted Performance | 0.025 | |||
| Jensen Alpha | 0.0742 | |||
| Total Risk Alpha | (0.37) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.24) |
GOLD FIELDS Backtested Returns
GOLD FIELDS holds Efficiency (Sharpe) Ratio of close to zero, which attests that the entity had a close to zero % return per unit of risk over the last 3 months. GOLD FIELDS exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GOLD FIELDS's Risk Adjusted Performance of 0.025, market risk adjusted performance of (0.23), and Semi Deviation of 2.63 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.2, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning GOLD FIELDS are expected to decrease at a much lower rate. During the bear market, GOLD FIELDS is likely to outperform the market. At this point, GOLD FIELDS has a negative expected return of -0.0023%. Please make sure to check out GOLD FIELDS's coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the information ratio and total risk alpha , to decide if GOLD FIELDS performance from the past will be repeated at future time.
Auto-correlation | 0.26 |
Poor predictability
GOLD FIELDS has poor predictability. Overlapping area represents the amount of predictability between GOLD FIELDS time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th 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 GOLD FIELDS price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current GOLD FIELDS price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.54 |
GOLD FIELDS lagged returns against current returns
Autocorrelation, which is GOLD FIELDS 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 GOLD FIELDS's stock expected returns. We can calculate the autocorrelation of GOLD FIELDS returns to help us make a trade decision. For example, suppose you find that GOLD FIELDS 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 price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
GOLD FIELDS 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 GOLD FIELDS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GOLD FIELDS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GOLD FIELDS stock over time.
Current vs Lagged Prices |
| Timeline |
GOLD FIELDS Lagged Returns
When evaluating GOLD FIELDS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GOLD FIELDS stock have on its future price. GOLD FIELDS 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, GOLD FIELDS autocorrelation shows the relationship between GOLD FIELDS stock current value and its past values and can show if there is a momentum factor associated with investing in GOLD FIELDS.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in GOLD Stock
GOLD FIELDS financial ratios help investors to determine whether GOLD 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 GOLD with respect to the benefits of owning GOLD FIELDS security.