Gabather (Sweden) Market Value
| GABA Stock | SEK 0.41 0.01 2.38% |
| Symbol | Gabather |
Gabather '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 Gabather'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 Gabather.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Gabather on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Gabather AB or generate 0.0% return on investment in Gabather over 30 days. Gabather is related to or competes with Sprint Bioscience, Corline Biomedical, Cantargia, Lidds AB, and Klaria Pharma. More
Gabather 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 Gabather'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 Gabather AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 56.48 | |||
| Value At Risk | (14.71) | |||
| Potential Upside | 19.64 |
Gabather Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gabather's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gabather's standard deviation. In reality, there are many statistical measures that can use Gabather historical prices to predict the future Gabather's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (1.67) | |||
| Treynor Ratio | 0.1152 |
Gabather AB Backtested Returns
Gabather AB holds Efficiency (Sharpe) Ratio of -0.0195, which attests that the entity had a -0.0195% return per unit of standard deviation over the last 3 months. Gabather AB exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gabather's risk adjusted performance of (0), and Market Risk Adjusted Performance of 0.1252 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -1.84, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Gabather are expected to decrease by larger amounts. On the other hand, during market turmoil, Gabather is expected to outperform it. At this point, Gabather AB has a negative expected return of -0.2%. Please make sure to check out Gabather's standard deviation, jensen alpha, and the relationship between the coefficient of variation and information ratio , to decide if Gabather AB performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.24 |
Weak predictability
Gabather AB has weak predictability. Overlapping area represents the amount of predictability between Gabather time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Gabather AB price movement. The serial correlation of 0.24 indicates that over 24.0% of current Gabather price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.24 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Gabather AB lagged returns against current returns
Autocorrelation, which is Gabather 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 Gabather's stock expected returns. We can calculate the autocorrelation of Gabather returns to help us make a trade decision. For example, suppose you find that Gabather 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 |
Gabather 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 Gabather stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gabather stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gabather stock over time.
Current vs Lagged Prices |
| Timeline |
Gabather Lagged Returns
When evaluating Gabather's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gabather stock have on its future price. Gabather 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, Gabather autocorrelation shows the relationship between Gabather stock current value and its past values and can show if there is a momentum factor associated with investing in Gabather AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Gabather Stock Analysis
When running Gabather's price analysis, check to measure Gabather'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 Gabather is operating at the current time. Most of Gabather's value examination focuses on studying past and present price action to predict the probability of Gabather's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gabather's price. Additionally, you may evaluate how the addition of Gabather to your portfolios can decrease your overall portfolio volatility.