GSTechnologies (UK) Market Value
| GST Stock | 1.60 0.03 1.84% |
| Symbol | GSTechnologies |
GSTechnologies '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 GSTechnologies' 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 GSTechnologies.
| 07/23/2024 |
| 12/20/2024 |
If you would invest 0.00 in GSTechnologies on July 23, 2024 and sell it all today you would earn a total of 0.00 from holding GSTechnologies or generate 0.0% return on investment in GSTechnologies over 150 days. GSTechnologies is related to or competes with Samsung Electronics, Samsung Electronics, Hyundai, Toyota, State Bank, SoftBank Group, and Reliance Industries. GSTechnologies is entity of United Kingdom More
GSTechnologies 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 GSTechnologies' 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 GSTechnologies upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.31 | |||
| Information Ratio | 0.1541 | |||
| Maximum Drawdown | 36.61 | |||
| Value At Risk | (6.99) | |||
| Potential Upside | 13.92 |
GSTechnologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GSTechnologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GSTechnologies' standard deviation. In reality, there are many statistical measures that can use GSTechnologies historical prices to predict the future GSTechnologies' volatility.| Risk Adjusted Performance | 0.135 | |||
| Jensen Alpha | 1.1 | |||
| Total Risk Alpha | 0.8871 | |||
| Sortino Ratio | 0.201 | |||
| Treynor Ratio | (3.65) |
GSTechnologies Backtested Returns
GSTechnologies is abnormally volatile given 3 months investment horizon. GSTechnologies holds Efficiency (Sharpe) Ratio of 0.2, which attests that the entity had a 0.2% return per unit of volatility over the last 3 months. We were able to analyze and collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.35% are justified by taking the suggested risk. Use GSTechnologies market risk adjusted performance of (3.64), and Risk Adjusted Performance of 0.135 to evaluate company specific risk that cannot be diversified away. GSTechnologies holds a performance score of 15 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -0.3, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning GSTechnologies are expected to decrease at a much lower rate. During the bear market, GSTechnologies is likely to outperform the market. Use GSTechnologies expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to analyze future returns on GSTechnologies.
Auto-correlation | 0.35 |
Below average predictability
GSTechnologies has below average predictability. Overlapping area represents the amount of predictability between GSTechnologies time series from 23rd of July 2024 to 6th of October 2024 and 6th of October 2024 to 20th 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 GSTechnologies price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current GSTechnologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
GSTechnologies lagged returns against current returns
Autocorrelation, which is GSTechnologies 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 GSTechnologies' stock expected returns. We can calculate the autocorrelation of GSTechnologies returns to help us make a trade decision. For example, suppose you find that GSTechnologies 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 |
GSTechnologies 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 GSTechnologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GSTechnologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GSTechnologies stock over time.
Current vs Lagged Prices |
| Timeline |
GSTechnologies Lagged Returns
When evaluating GSTechnologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GSTechnologies stock have on its future price. GSTechnologies 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, GSTechnologies autocorrelation shows the relationship between GSTechnologies stock current value and its past values and can show if there is a momentum factor associated with investing in GSTechnologies.
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.Other Information on Investing in GSTechnologies Stock
GSTechnologies financial ratios help investors to determine whether GSTechnologies Stock 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 GSTechnologies with respect to the benefits of owning GSTechnologies security.