Galapagos (Netherlands) Market Value
| GLPG Stock | EUR 25.50 0.20 0.78% |
| Symbol | Galapagos |
Galapagos '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 Galapagos' 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 Galapagos.
| 11/18/2024 |
| 12/18/2024 |
If you would invest 0.00 in Galapagos on November 18, 2024 and sell it all today you would earn a total of 0.00 from holding Galapagos NV or generate 0.0% return on investment in Galapagos over 30 days. Galapagos is related to or competes with Argen X, Pharming Group, Barco NV, Biocartis Group, and Koninklijke Ahold. Galapagos NV, a clinical-stage biotechnology company, discovers, develops, and commercializes various small molecule med... More
Galapagos 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 Galapagos' 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 Galapagos NV upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 12.39 | |||
| Value At Risk | (2.88) | |||
| Potential Upside | 3.26 |
Galapagos Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Galapagos' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Galapagos' standard deviation. In reality, there are many statistical measures that can use Galapagos historical prices to predict the future Galapagos' volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | (0.13) |
Galapagos NV Backtested Returns
Galapagos NV holds Efficiency (Sharpe) Ratio of -0.0312, which attests that the entity had a -0.0312% return per unit of risk over the last 3 months. Galapagos NV exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Galapagos' Standard Deviation of 2.03, risk adjusted performance of (0.03), and Market Risk Adjusted Performance of (0.12) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.88, which attests to possible diversification benefits within a given portfolio. Galapagos returns are very sensitive to returns on the market. As the market goes up or down, Galapagos is expected to follow. At this point, Galapagos NV has a negative expected return of -0.0641%. Please make sure to check out Galapagos' treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to decide if Galapagos NV performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.21 |
Weak reverse predictability
Galapagos NV has weak reverse predictability. Overlapping area represents the amount of predictability between Galapagos time series from 18th of November 2024 to 3rd of December 2024 and 3rd of December 2024 to 18th 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 Galapagos NV price movement. The serial correlation of -0.21 indicates that over 21.0% of current Galapagos price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.21 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Galapagos NV lagged returns against current returns
Autocorrelation, which is Galapagos 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 Galapagos' stock expected returns. We can calculate the autocorrelation of Galapagos returns to help us make a trade decision. For example, suppose you find that Galapagos 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 |
Galapagos 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 Galapagos stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Galapagos stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Galapagos stock over time.
Current vs Lagged Prices |
| Timeline |
Galapagos Lagged Returns
When evaluating Galapagos' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Galapagos stock have on its future price. Galapagos 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, Galapagos autocorrelation shows the relationship between Galapagos stock current value and its past values and can show if there is a momentum factor associated with investing in Galapagos NV.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Galapagos Stock Analysis
When running Galapagos' price analysis, check to measure Galapagos' 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 Galapagos is operating at the current time. Most of Galapagos' value examination focuses on studying past and present price action to predict the probability of Galapagos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Galapagos' price. Additionally, you may evaluate how the addition of Galapagos to your portfolios can decrease your overall portfolio volatility.