Ggtoor Inc Stock Market Value
| GTOR Stock | USD 0.0002 0.0001 100.00% |
| Symbol | Ggtoor |
Ggtoor '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 Ggtoor's pink sheet 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 Ggtoor.
| 11/21/2024 |
| 12/21/2024 |
If you would invest 0.00 in Ggtoor on November 21, 2024 and sell it all today you would earn a total of 0.00 from holding Ggtoor Inc or generate 0.0% return on investment in Ggtoor over 30 days. Ggtoor is related to or competes with Watsco, Fastenal, SiteOne Landscape, Ferguson Plc, and WW Grainger. GGTOOR Inc., a development stage company, engages in the eSports business worldwide More
Ggtoor 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 Ggtoor's pink sheet 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 Ggtoor Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1213 | |||
| Maximum Drawdown | 150.0 |
Ggtoor Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ggtoor's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ggtoor's standard deviation. In reality, there are many statistical measures that can use Ggtoor historical prices to predict the future Ggtoor's volatility.| Risk Adjusted Performance | 0.1071 | |||
| Jensen Alpha | 2.3 | |||
| Total Risk Alpha | 1.75 | |||
| Treynor Ratio | (1.25) |
Ggtoor Inc Backtested Returns
Ggtoor is out of control given 3 months investment horizon. Ggtoor Inc holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of risk over the last 3 months. We were able to break down and interpolate data for twenty different technical indicators, which can help you to evaluate if expected returns of 2.31% are justified by taking the suggested risk. Use Ggtoor Inc Market Risk Adjusted Performance of (1.24), risk adjusted performance of 0.1071, and Standard Deviation of 18.46 to evaluate company specific risk that cannot be diversified away. Ggtoor holds a performance score of 9 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -1.81, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Ggtoor are expected to decrease by larger amounts. On the other hand, during market turmoil, Ggtoor is expected to outperform it. Use Ggtoor Inc jensen alpha and day median price , to analyze future returns on Ggtoor Inc.
Auto-correlation | 0.29 |
Poor predictability
Ggtoor Inc has poor predictability. Overlapping area represents the amount of predictability between Ggtoor time series from 21st of November 2024 to 6th of December 2024 and 6th of December 2024 to 21st 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 Ggtoor Inc price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current Ggtoor price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | 0.86 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ggtoor Inc lagged returns against current returns
Autocorrelation, which is Ggtoor pink sheet'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 Ggtoor's pink sheet expected returns. We can calculate the autocorrelation of Ggtoor returns to help us make a trade decision. For example, suppose you find that Ggtoor has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Ggtoor 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 Ggtoor pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ggtoor pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ggtoor pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Ggtoor Lagged Returns
When evaluating Ggtoor's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ggtoor pink sheet have on its future price. Ggtoor 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, Ggtoor autocorrelation shows the relationship between Ggtoor pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Ggtoor Inc.
Regressed Prices |
| Timeline |
Pair Trading with Ggtoor
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ggtoor position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ggtoor will appreciate offsetting losses from the drop in the long position's value.Moving together with Ggtoor Pink Sheet
| 0.72 | AAPL | Apple Inc Aggressive Push | PairCorr |
| 0.61 | MSFT | Microsoft Sell-off Trend | PairCorr |
| 0.65 | AMZN | Amazon Inc | PairCorr |
Moving against Ggtoor Pink Sheet
The ability to find closely correlated positions to Ggtoor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ggtoor when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ggtoor - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ggtoor Inc to buy it.
The correlation of Ggtoor is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ggtoor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ggtoor Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ggtoor can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Ggtoor Pink Sheet Analysis
When running Ggtoor's price analysis, check to measure Ggtoor'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 Ggtoor is operating at the current time. Most of Ggtoor's value examination focuses on studying past and present price action to predict the probability of Ggtoor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ggtoor's price. Additionally, you may evaluate how the addition of Ggtoor to your portfolios can decrease your overall portfolio volatility.