GT Capital (Philippines) Market Value
| GTCAP Stock | 634.00 13.00 2.01% |
| Symbol | GTCAP |
GT Capital '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 GT Capital'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 GT Capital.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in GT Capital on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding GT Capital Holdings or generate 0.0% return on investment in GT Capital over 30 days. GT Capital is related to or competes with Philex Mining, Robinsons Retail, Apex Mining, Century Pacific, Alliance Select, and Semirara Mining. More
GT Capital 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 GT Capital'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 GT Capital Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 7.99 | |||
| Value At Risk | (2.91) | |||
| Potential Upside | 2.71 |
GT Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GT Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GT Capital's standard deviation. In reality, there are many statistical measures that can use GT Capital historical prices to predict the future GT Capital's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | 0.3703 |
GT Capital Holdings Backtested Returns
GT Capital Holdings retains Efficiency (Sharpe Ratio) of -0.069, which attests that the entity had a -0.069% return per unit of price deviation over the last 3 months. GT Capital exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GT Capital's Market Risk Adjusted Performance of 0.3803, coefficient of variation of (1,509), and Information Ratio of (0.14) to validate the risk estimate we provide. The company owns a Beta (Systematic Risk) of -0.34, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning GT Capital are expected to decrease at a much lower rate. During the bear market, GT Capital is likely to outperform the market. At this point, GT Capital Holdings has a negative expected return of -0.12%. Please make sure to check out GT Capital's standard deviation, kurtosis, period momentum indicator, as well as the relationship between the maximum drawdown and day median price , to decide if GT Capital Holdings performance from the past will be repeated sooner or later.
Auto-correlation | 0.03 |
Virtually no predictability
GT Capital Holdings has virtually no predictability. Overlapping area represents the amount of predictability between GT Capital time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 GT Capital Holdings price movement. The serial correlation of 0.03 indicates that only 3.0% of current GT Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 89.84 |
GT Capital Holdings lagged returns against current returns
Autocorrelation, which is GT Capital 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 GT Capital's stock expected returns. We can calculate the autocorrelation of GT Capital returns to help us make a trade decision. For example, suppose you find that GT Capital 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 |
GT Capital 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 GT Capital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GT Capital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GT Capital stock over time.
Current vs Lagged Prices |
| Timeline |
GT Capital Lagged Returns
When evaluating GT Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GT Capital stock have on its future price. GT Capital 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, GT Capital autocorrelation shows the relationship between GT Capital stock current value and its past values and can show if there is a momentum factor associated with investing in GT Capital Holdings.
Regressed Prices |
| Timeline |
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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.Additional Tools for GTCAP Stock Analysis
When running GT Capital's price analysis, check to measure GT Capital'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 GT Capital is operating at the current time. Most of GT Capital's value examination focuses on studying past and present price action to predict the probability of GT Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GT Capital's price. Additionally, you may evaluate how the addition of GT Capital to your portfolios can decrease your overall portfolio volatility.