Gol Intelligent (Germany) Market Value
| GOQN Stock | 0.42 0.00 0.00% |
| Symbol | Gol |
Gol Intelligent '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 Gol Intelligent's 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 Gol Intelligent.
| 05/06/2024 |
| 12/02/2024 |
If you would invest 0.00 in Gol Intelligent on May 6, 2024 and sell it all today you would earn a total of 0.00 from holding Gol Intelligent Airlines or generate 0.0% return on investment in Gol Intelligent over 210 days. Gol Intelligent is related to or competes with Apple, Apple, Apple, Apple, Apple, Apple, and Microsoft. More
Gol Intelligent 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 Gol Intelligent's 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 Gol Intelligent Airlines upside and downside potential and time the market with a certain degree of confidence.
Gol Intelligent Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gol Intelligent's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gol Intelligent's standard deviation. In reality, there are many statistical measures that can use Gol Intelligent historical prices to predict the future Gol Intelligent's volatility.Gol Intelligent Airlines Backtested Returns
We have found three technical indicators for Gol Intelligent Airlines, which you can use to evaluate the volatility of the firm. The company retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and Gol Intelligent are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Gol Intelligent Airlines has no correlation between past and present. Overlapping area represents the amount of predictability between Gol Intelligent time series from 6th of May 2024 to 19th of August 2024 and 19th of August 2024 to 2nd 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 Gol Intelligent Airlines price movement. The serial correlation of 0.0 indicates that just 0.0% of current Gol Intelligent price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Gol Intelligent Airlines lagged returns against current returns
Autocorrelation, which is Gol Intelligent 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 Gol Intelligent's stock expected returns. We can calculate the autocorrelation of Gol Intelligent returns to help us make a trade decision. For example, suppose you find that Gol Intelligent 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 |
Gol Intelligent 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 Gol Intelligent stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gol Intelligent stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gol Intelligent stock over time.
Current vs Lagged Prices |
| Timeline |
Gol Intelligent Lagged Returns
When evaluating Gol Intelligent's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gol Intelligent stock have on its future price. Gol Intelligent 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, Gol Intelligent autocorrelation shows the relationship between Gol Intelligent stock current value and its past values and can show if there is a momentum factor associated with investing in Gol Intelligent Airlines.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Gol Stock Analysis
When running Gol Intelligent's price analysis, check to measure Gol Intelligent's 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 Gol Intelligent is operating at the current time. Most of Gol Intelligent's value examination focuses on studying past and present price action to predict the probability of Gol Intelligent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gol Intelligent's price. Additionally, you may evaluate how the addition of Gol Intelligent to your portfolios can decrease your overall portfolio volatility.