Gbx International Group Stock Market Value
| GBXI Stock | USD 0.0002 0.00 0.00% |
| Symbol | GBX |
GBX International '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 GBX International's pink sheet 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 GBX International.
| 11/28/2023 |
| 12/22/2024 |
If you would invest 0.00 in GBX International on November 28, 2023 and sell it all today you would earn a total of 0.00 from holding GBX International Group or generate 0.0% return on investment in GBX International over 390 days. GBX International is related to or competes with Marchex, and Emerald Expositions. GBX International Group Inc. engages in the financing, development, and distribution of various feature films in the the... More
GBX International 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 GBX International's pink sheet 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 GBX International Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1213 | |||
| Maximum Drawdown | 150.0 |
GBX International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GBX International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GBX International's standard deviation. In reality, there are many statistical measures that can use GBX International historical prices to predict the future GBX International's volatility.| Risk Adjusted Performance | 0.1071 | |||
| Jensen Alpha | 2.41 | |||
| Total Risk Alpha | 1.75 | |||
| Treynor Ratio | (0.34) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of GBX International'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.
GBX International Backtested Returns
GBX International is out of control given 3 months investment horizon. GBX International holds Efficiency (Sharpe) Ratio of 0.12, which attests that the company had a 0.12% return per unit of volatility over the last 3 months. We have analyzed and interpolated seventeen different technical indicators, which can help you to evaluate if expected returns of 2.27% are justified by taking the suggested risk. Use GBX International Group market risk adjusted performance of (0.33), and Coefficient Of Variation of 812.4 to evaluate company specific risk that cannot be diversified away. GBX International holds a performance score of 9 on a scale of zero to a hundred. The firm retains a Market Volatility (i.e., Beta) of -6.68, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning GBX International are expected to decrease by larger amounts. On the other hand, during market turmoil, GBX International is expected to outperform it. Use GBX International Group market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and rate of daily change , to analyze future returns on GBX International Group.
Auto-correlation | -0.13 |
Insignificant reverse predictability
GBX International Group has insignificant reverse predictability. Overlapping area represents the amount of predictability between GBX International time series from 28th of November 2023 to 10th of June 2024 and 10th of June 2024 to 22nd 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 GBX International price movement. The serial correlation of -0.13 indicates that less than 13.0% of current GBX International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | 0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
GBX International lagged returns against current returns
Autocorrelation, which is GBX International pink sheet'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 GBX International's pink sheet expected returns. We can calculate the autocorrelation of GBX International returns to help us make a trade decision. For example, suppose you find that GBX International has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
GBX International 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 GBX International pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GBX International pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GBX International pink sheet over time.
Current vs Lagged Prices |
| Timeline |
GBX International Lagged Returns
When evaluating GBX International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GBX International pink sheet have on its future price. GBX International 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, GBX International autocorrelation shows the relationship between GBX International pink sheet current value and its past values and can show if there is a momentum factor associated with investing in GBX International Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in GBX Pink Sheet
GBX International financial ratios help investors to determine whether GBX Pink Sheet 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 GBX with respect to the benefits of owning GBX International security.