Gemdale Corp's market value is the price at which a share of Gemdale Corp trades on a public exchange. It measures the collective expectations of Gemdale Corp investors about its performance. Gemdale Corp is trading at 4.31 as of the 6th of January 2025, a 1.37% down since the beginning of the trading day. The stock's open price was 4.37. With this module, you can estimate the performance of a buy and hold strategy of Gemdale Corp and determine expected loss or profit from investing in Gemdale Corp over a given investment horizon. Check out Gemdale Corp Correlation, Gemdale Corp Volatility and Gemdale Corp Alpha and Beta module to complement your research on Gemdale Corp.
Please note, there is a significant difference between Gemdale Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gemdale Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gemdale Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Gemdale Corp '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 Gemdale Corp'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 Gemdale Corp.
0.00
12/07/2024
No Change 0.00
0.0
In 30 days
01/06/2025
0.00
If you would invest 0.00 in Gemdale Corp on December 7, 2024 and sell it all today you would earn a total of 0.00 from holding Gemdale Corp or generate 0.0% return on investment in Gemdale Corp over 30 days. Gemdale Corp is related to or competes with Shenwu Energy, Anhui Shiny, GRG Banking, Semiconductor Manufacturing, Ping An, Weihai Honglin, and Dongguan Tarry. Gemdale Corp is entity of China. It is traded as Stock on SHG exchange. More
Gemdale Corp 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 Gemdale Corp'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 Gemdale Corp upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gemdale Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gemdale Corp's standard deviation. In reality, there are many statistical measures that can use Gemdale Corp historical prices to predict the future Gemdale Corp's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Gemdale Corp. Your research has to be compared to or analyzed against Gemdale Corp's peers to derive any actionable benefits. When done correctly, Gemdale Corp's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Gemdale Corp.
Gemdale Corp Backtested Returns
Gemdale Corp holds Efficiency (Sharpe) Ratio of -0.1, which attests that the entity had a -0.1% return per unit of risk over the last 3 months. Gemdale Corp exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gemdale Corp's Downside Deviation of 3.96, risk adjusted performance of 0.0087, and Market Risk Adjusted Performance of (0.41) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.0152, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Gemdale Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Gemdale Corp is expected to be smaller as well. At this point, Gemdale Corp has a negative expected return of -0.37%. Please make sure to check out Gemdale Corp's downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Gemdale Corp performance from the past will be repeated at some point in the near future.
Auto-correlation
0.88
Very good predictability
Gemdale Corp has very good predictability. Overlapping area represents the amount of predictability between Gemdale Corp time series from 7th of December 2024 to 22nd of December 2024 and 22nd of December 2024 to 6th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Gemdale Corp price movement. The serial correlation of 0.88 indicates that approximately 88.0% of current Gemdale Corp price fluctuation can be explain by its past prices.
Correlation Coefficient
0.88
Spearman Rank Test
0.96
Residual Average
0.0
Price Variance
0.01
Gemdale Corp lagged returns against current returns
Autocorrelation, which is Gemdale Corp 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 Gemdale Corp's stock expected returns. We can calculate the autocorrelation of Gemdale Corp returns to help us make a trade decision. For example, suppose you find that Gemdale Corp 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
Gemdale Corp 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 Gemdale Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gemdale Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gemdale Corp stock over time.
Current vs Lagged Prices
Timeline
Gemdale Corp Lagged Returns
When evaluating Gemdale Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gemdale Corp stock have on its future price. Gemdale Corp 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, Gemdale Corp autocorrelation shows the relationship between Gemdale Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Gemdale Corp.
Gemdale Corp financial ratios help investors to determine whether Gemdale 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 Gemdale with respect to the benefits of owning Gemdale Corp security.