Gores Holdings IX Market Value
| GHIXWDelisted Stock | USD 0.01 0.0001 2.04% |
| 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.
| 11/15/2024 |
| 12/15/2024 |
If you would invest 0.00 in Gores Holdings on November 15, 2024 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 30 days. Gores Holdings is related to or competes with Hennessy Capital, and Gores Holdings. The company was incorporated in 2021 and is based in Boulder, Colorado 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.
| Downside Deviation | 25.27 | |||
| Information Ratio | 0.0543 | |||
| Maximum Drawdown | 267.2 | |||
| Value At Risk | (31.22) | |||
| Potential Upside | 43.75 |
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 | 0.0513 | |||
| Jensen Alpha | 1.92 | |||
| Total Risk Alpha | (2.33) | |||
| Sortino Ratio | 0.0745 | |||
| Treynor Ratio | 3.78 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Gores Holdings' 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.
Gores Holdings IX Backtested Returns
Gores Holdings is out of control given 3 months investment horizon. Gores Holdings IX 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. We have analyzed and interpolated twenty-nine different technical indicators, which can help you to evaluate if expected returns of 6.01% are justified by taking the suggested risk. Use Gores Holdings IX Risk Adjusted Performance of 0.0513, downside deviation of 25.27, and Market Risk Adjusted Performance of 3.79 to evaluate company specific risk that cannot be diversified away. Gores Holdings holds a performance score of 8 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 0.52, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Gores Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Gores Holdings is expected to be smaller as well. Use Gores Holdings IX potential upside, as well as the relationship between the accumulation distribution and price action indicator , to analyze future returns on Gores Holdings IX.
Auto-correlation | 0.33 |
Below average predictability
Gores Holdings IX has below average predictability. Overlapping area represents the amount of predictability between Gores Holdings time series from 15th of November 2024 to 30th of November 2024 and 30th of November 2024 to 15th 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 0.33 indicates that nearly 33.0% of current Gores Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | 0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.
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