Gamma Communications (UK) Market Value
| GAMA Stock | 1,536 2.00 0.13% |
| Symbol | Gamma |
Gamma Communications '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 Gamma Communications' 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 Gamma Communications.
| 11/28/2024 |
| 12/28/2024 |
If you would invest 0.00 in Gamma Communications on November 28, 2024 and sell it all today you would earn a total of 0.00 from holding Gamma Communications PLC or generate 0.0% return on investment in Gamma Communications over 30 days. Gamma Communications is related to or competes with Golden Metal, Broadcom, Gaztransport, European Metals, Sovereign Metals, JLEN Environmental, and United States. Gamma Communications is entity of United Kingdom More
Gamma Communications 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 Gamma Communications' 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 Gamma Communications PLC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 5.36 | |||
| Value At Risk | (2.23) | |||
| Potential Upside | 1.59 |
Gamma Communications Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gamma Communications' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gamma Communications' standard deviation. In reality, there are many statistical measures that can use Gamma Communications historical prices to predict the future Gamma Communications' volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | 0.8228 |
Gamma Communications PLC Backtested Returns
Gamma Communications PLC 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. Gamma Communications PLC exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gamma Communications' Standard Deviation of 1.16, risk adjusted performance of (0.11), and Market Risk Adjusted Performance of 0.8328 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.21, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Gamma Communications are expected to decrease at a much lower rate. During the bear market, Gamma Communications is likely to outperform the market. At this point, Gamma Communications PLC has a negative expected return of -0.12%. Please make sure to check out Gamma Communications' total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Gamma Communications PLC performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.72 |
Almost perfect reverse predictability
Gamma Communications PLC has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Gamma Communications time series from 28th of November 2024 to 13th of December 2024 and 13th of December 2024 to 28th 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 Gamma Communications PLC price movement. The serial correlation of -0.72 indicates that around 72.0% of current Gamma Communications price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.72 | |
| Spearman Rank Test | -0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 842.67 |
Gamma Communications PLC lagged returns against current returns
Autocorrelation, which is Gamma Communications 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 Gamma Communications' stock expected returns. We can calculate the autocorrelation of Gamma Communications returns to help us make a trade decision. For example, suppose you find that Gamma Communications 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 |
Gamma Communications 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 Gamma Communications stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gamma Communications stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gamma Communications stock over time.
Current vs Lagged Prices |
| Timeline |
Gamma Communications Lagged Returns
When evaluating Gamma Communications' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gamma Communications stock have on its future price. Gamma Communications 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, Gamma Communications autocorrelation shows the relationship between Gamma Communications stock current value and its past values and can show if there is a momentum factor associated with investing in Gamma Communications PLC.
Regressed Prices |
| Timeline |
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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.Additional Tools for Gamma Stock Analysis
When running Gamma Communications' price analysis, check to measure Gamma Communications' 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 Gamma Communications is operating at the current time. Most of Gamma Communications' value examination focuses on studying past and present price action to predict the probability of Gamma Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gamma Communications' price. Additionally, you may evaluate how the addition of Gamma Communications to your portfolios can decrease your overall portfolio volatility.