GMO Internet (Germany) Market Value
| IQ3 Stock | EUR 16.10 0.10 0.63% |
| Symbol | GMO |
GMO Internet '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 GMO Internet'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 GMO Internet.
| 07/01/2024 |
| 12/28/2024 |
If you would invest 0.00 in GMO Internet on July 1, 2024 and sell it all today you would earn a total of 0.00 from holding GMO Internet or generate 0.0% return on investment in GMO Internet over 180 days. GMO Internet is related to or competes with Corporate Office, Adtalem Global, Strategic Education, KENNAMETAL INC, Jacquet Metal, and GREENX METALS. GMO Internet, Inc. provides various Internet services worldwide More
GMO Internet 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 GMO Internet'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 GMO Internet upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.79 | |||
| Information Ratio | 0.1309 | |||
| Maximum Drawdown | 104.98 | |||
| Value At Risk | (2.41) | |||
| Potential Upside | 3.36 |
GMO Internet Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GMO Internet's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GMO Internet's standard deviation. In reality, there are many statistical measures that can use GMO Internet historical prices to predict the future GMO Internet's volatility.| Risk Adjusted Performance | 0.1158 | |||
| Jensen Alpha | 1.69 | |||
| Total Risk Alpha | 1.32 | |||
| Sortino Ratio | 0.916 | |||
| Treynor Ratio | (1.36) |
GMO Internet Backtested Returns
At this point, GMO Internet is not too volatile. GMO Internet holds Efficiency (Sharpe) Ratio of 0.0468, which attests that the entity had a 0.0468% return per unit of volatility over the last 3 months. We have found twenty-six technical indicators for GMO Internet, which you can use to evaluate the volatility of the firm. Please check out GMO Internet's market risk adjusted performance of (1.35), and Risk Adjusted Performance of 0.1158 to validate if the risk estimate we provide is consistent with the expected return of 0.0734%. GMO Internet has a performance score of 3 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -1.22, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning GMO Internet are expected to decrease by larger amounts. On the other hand, during market turmoil, GMO Internet is expected to outperform it. GMO Internet currently retains a risk of 1.57%. Please check out GMO Internet total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to decide if GMO Internet will be following its current trending patterns.
Auto-correlation | 0.44 |
Average predictability
GMO Internet has average predictability. Overlapping area represents the amount of predictability between GMO Internet time series from 1st of July 2024 to 29th of September 2024 and 29th of September 2024 to 28th 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 GMO Internet price movement. The serial correlation of 0.44 indicates that just about 44.0% of current GMO Internet price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | 0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 0.35 |
GMO Internet lagged returns against current returns
Autocorrelation, which is GMO Internet 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 GMO Internet's stock expected returns. We can calculate the autocorrelation of GMO Internet returns to help us make a trade decision. For example, suppose you find that GMO Internet 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 |
GMO Internet 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 GMO Internet stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GMO Internet stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GMO Internet stock over time.
Current vs Lagged Prices |
| Timeline |
GMO Internet Lagged Returns
When evaluating GMO Internet's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GMO Internet stock have on its future price. GMO Internet 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, GMO Internet autocorrelation shows the relationship between GMO Internet stock current value and its past values and can show if there is a momentum factor associated with investing in GMO Internet.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in GMO Stock
GMO Internet financial ratios help investors to determine whether GMO 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 GMO with respect to the benefits of owning GMO Internet security.