GOLDQUEST MINING (Germany) Market Value
| M1W Stock | 0.41 0.07 14.58% |
| Symbol | GOLDQUEST |
GOLDQUEST 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 GOLDQUEST MINING'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 GOLDQUEST MINING.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in GOLDQUEST MINING on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding GOLDQUEST MINING or generate 0.0% return on investment in GOLDQUEST MINING over 90 days. GOLDQUEST MINING is related to or competes with COMBA TELECOM, Hellenic Telecommunicatio, Iridium Communications, Charter Communications, Peijia Medical, Geratherm Medical, and Rogers Communications. More
GOLDQUEST 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 GOLDQUEST MINING'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 GOLDQUEST MINING upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.72 | |||
| Information Ratio | 0.0998 | |||
| Maximum Drawdown | 30.92 | |||
| Value At Risk | (6.06) | |||
| Potential Upside | 8.51 |
GOLDQUEST MINING Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GOLDQUEST MINING's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GOLDQUEST MINING's standard deviation. In reality, there are many statistical measures that can use GOLDQUEST MINING historical prices to predict the future GOLDQUEST MINING's volatility.| Risk Adjusted Performance | 0.1271 | |||
| Jensen Alpha | 0.6462 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0892 | |||
| Treynor Ratio | (14.42) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of GOLDQUEST 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.
GOLDQUEST MINING Backtested Returns
GOLDQUEST MINING appears to be out of control, given 3 months investment horizon. GOLDQUEST MINING holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11 % return per unit of risk over the last 3 months. By analyzing GOLDQUEST MINING's technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please utilize GOLDQUEST MINING's Risk Adjusted Performance of 0.1271, market risk adjusted performance of (14.41), and Semi Deviation of 3.54 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, GOLDQUEST MINING holds a performance score of 8. The company retains a Market Volatility (i.e., Beta) of -0.0444, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning GOLDQUEST MINING are expected to decrease at a much lower rate. During the bear market, GOLDQUEST MINING is likely to outperform the market. Please check GOLDQUEST MINING's total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to make a quick decision on whether GOLDQUEST MINING's current trending patterns will revert.
Auto-correlation | -0.01 |
Very weak reverse predictability
GOLDQUEST MINING has very weak reverse predictability. Overlapping area represents the amount of predictability between GOLDQUEST MINING 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 GOLDQUEST MINING price movement. The serial correlation of -0.01 indicates that just 1.0% of current GOLDQUEST MINING price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.01 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
GOLDQUEST MINING lagged returns against current returns
Autocorrelation, which is GOLDQUEST MINING 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 GOLDQUEST MINING's stock expected returns. We can calculate the autocorrelation of GOLDQUEST MINING returns to help us make a trade decision. For example, suppose you find that GOLDQUEST MINING 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 |
GOLDQUEST 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 GOLDQUEST MINING stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GOLDQUEST MINING stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GOLDQUEST MINING stock over time.
Current vs Lagged Prices |
| Timeline |
GOLDQUEST MINING Lagged Returns
When evaluating GOLDQUEST MINING's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GOLDQUEST MINING stock have on its future price. GOLDQUEST 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, GOLDQUEST MINING autocorrelation shows the relationship between GOLDQUEST MINING stock current value and its past values and can show if there is a momentum factor associated with investing in GOLDQUEST MINING.
Regressed Prices |
| Timeline |
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Additional Tools for GOLDQUEST Stock Analysis
When running GOLDQUEST MINING's price analysis, check to measure GOLDQUEST 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 GOLDQUEST MINING is operating at the current time. Most of GOLDQUEST MINING's value examination focuses on studying past and present price action to predict the probability of GOLDQUEST MINING's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GOLDQUEST MINING's price. Additionally, you may evaluate how the addition of GOLDQUEST MINING to your portfolios can decrease your overall portfolio volatility.