Gores Holdings IX Market Value
| GHIXDelisted Stock | USD 10.18 0.00 0.00% |
| Symbol | Gores |
Gores Holdings '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 Gores Holdings' 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 Gores Holdings.
| 12/23/2022 |
| 12/12/2024 |
If you would invest 0.00 in Gores Holdings on December 23, 2022 and sell it all today you would earn a total of 0.00 from holding Gores Holdings IX or generate 0.0% return on investment in Gores Holdings over 720 days. Gores Holdings is related to or competes with Consilium Acquisition, Investcorp Europe, and Global Blockchain. Gores Holdings IX, Inc. focuses on a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, ... More
Gores Holdings 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 Gores Holdings' 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 Gores Holdings IX upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.49) | |||
| Maximum Drawdown | 2.88 | |||
| Value At Risk | (0.28) | |||
| Potential Upside | 0.189 |
Gores Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gores Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gores Holdings' standard deviation. In reality, there are many statistical measures that can use Gores Holdings historical prices to predict the future Gores Holdings' volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | 5.43 |
Gores Holdings IX Backtested Returns
Gores Holdings IX holds Efficiency (Sharpe) Ratio of -0.16, which attests that the entity had a -0.16% return per unit of risk over the last 3 months. Gores Holdings IX exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gores Holdings' Risk Adjusted Performance of (0.12), market risk adjusted performance of 5.44, and Standard Deviation of 0.3655 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.0122, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Gores Holdings are expected to decrease at a much lower rate. During the bear market, Gores Holdings is likely to outperform the market. At this point, Gores Holdings IX has a negative expected return of -0.0624%. Please make sure to check out Gores Holdings' jensen alpha and rate of daily change , to decide if Gores Holdings IX performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.15 |
Insignificant reverse predictability
Gores Holdings IX has insignificant reverse predictability. Overlapping area represents the amount of predictability between Gores Holdings time series from 23rd of December 2022 to 18th of December 2023 and 18th of December 2023 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 Gores Holdings IX price movement. The serial correlation of -0.15 indicates that less than 15.0% of current Gores Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Gores Holdings IX lagged returns against current returns
Autocorrelation, which is Gores Holdings 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 Gores Holdings' stock expected returns. We can calculate the autocorrelation of Gores Holdings returns to help us make a trade decision. For example, suppose you find that Gores Holdings 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 |
Gores Holdings 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 Gores Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gores Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gores Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Gores Holdings Lagged Returns
When evaluating Gores Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gores Holdings stock have on its future price. Gores Holdings 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, Gores Holdings autocorrelation shows the relationship between Gores Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Gores Holdings IX.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Check out Gores Holdings Correlation, Gores Holdings Volatility and Gores Holdings Alpha and Beta module to complement your research on Gores Holdings. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Other Consideration for investing in Gores Stock
If you are still planning to invest in Gores Holdings IX check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Gores Holdings' history and understand the potential risks before investing.
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device |