P2 Gold Stock Market Value
| PGLD Stock | CAD 0.14 0.01 6.67% |
| Symbol | PGLD |
P2 Gold '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 P2 Gold'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 P2 Gold.
| 04/24/2025 |
| 07/23/2025 |
If you would invest 0.00 in P2 Gold on April 24, 2025 and sell it all today you would earn a total of 0.00 from holding P2 Gold or generate 0.0% return on investment in P2 Gold over 90 days. P2 Gold is related to or competes with Scottie Resources, Integra Resources, Cassiar Gold, Reyna Silver, Blackrock Silver, and Summa Silver. P2 Gold Inc., a junior mining company, engages in the acquisition, exploration, and development of mineral properties in... More
P2 Gold 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 P2 Gold'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 P2 Gold upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.1 | |||
| Information Ratio | 0.0859 | |||
| Maximum Drawdown | 29.17 | |||
| Value At Risk | (6.67) | |||
| Potential Upside | 10.0 |
P2 Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for P2 Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as P2 Gold's standard deviation. In reality, there are many statistical measures that can use P2 Gold historical prices to predict the future P2 Gold's volatility.| Risk Adjusted Performance | 0.1213 | |||
| Jensen Alpha | 0.9772 | |||
| Total Risk Alpha | (0.56) | |||
| Sortino Ratio | 0.0557 | |||
| Treynor Ratio | (0.42) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of P2 Gold'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.
P2 Gold Backtested Returns
P2 Gold appears to be out of control, given 3 months investment horizon. P2 Gold retains Efficiency (Sharpe Ratio) of 0.13, which implies the company had a 0.13 % return per unit of price deviation over the last 3 months. By reviewing P2 Gold's technical indicators, you can evaluate if the expected return of 0.67% is justified by implied risk. Please evaluate P2 Gold's market risk adjusted performance of (0.41), and Standard Deviation of 5.26 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, P2 Gold holds a performance score of 10. The firm owns a Beta (Systematic Risk) of -1.55, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning P2 Gold are expected to decrease by larger amounts. On the other hand, during market turmoil, P2 Gold is expected to outperform it. Please check P2 Gold's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to make a quick decision on whether P2 Gold's current price history will revert.
Auto-correlation | 0.63 |
Good predictability
P2 Gold has good predictability. Overlapping area represents the amount of predictability between P2 Gold time series from 24th of April 2025 to 8th of June 2025 and 8th of June 2025 to 23rd 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 P2 Gold price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current P2 Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
P2 Gold lagged returns against current returns
Autocorrelation, which is P2 Gold 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 P2 Gold's stock expected returns. We can calculate the autocorrelation of P2 Gold returns to help us make a trade decision. For example, suppose you find that P2 Gold 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 |
P2 Gold 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 P2 Gold stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if P2 Gold stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in P2 Gold stock over time.
Current vs Lagged Prices |
| Timeline |
P2 Gold Lagged Returns
When evaluating P2 Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of P2 Gold stock have on its future price. P2 Gold 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, P2 Gold autocorrelation shows the relationship between P2 Gold stock current value and its past values and can show if there is a momentum factor associated with investing in P2 Gold.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for PGLD Stock Analysis
When running P2 Gold's price analysis, check to measure P2 Gold'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 P2 Gold is operating at the current time. Most of P2 Gold's value examination focuses on studying past and present price action to predict the probability of P2 Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move P2 Gold's price. Additionally, you may evaluate how the addition of P2 Gold to your portfolios can decrease your overall portfolio volatility.