Gamma Communications (Germany) Market Value
| 6GC Stock | EUR 15.20 0.10 0.65% |
| Symbol | Gamma |
Gamma Communications '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 Gamma Communications' 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 Gamma Communications.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Gamma Communications on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Gamma Communications plc or generate 0.0% return on investment in Gamma Communications over 90 days. Gamma Communications is related to or competes with National Health, PLAYWAY SA, PLAY2CHILL, Columbia Sportswear, UNIVERSAL DISPLAY, and CLOVER HEALTH. Gamma Communications plc provides voice, data, and mobile services for the business market in the United Kingdom More
Gamma Communications 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 Gamma Communications' 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 Gamma Communications plc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 8.28 | |||
| Value At Risk | (3.05) | |||
| Potential Upside | 2.56 |
Gamma Communications Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gamma Communications' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gamma Communications' standard deviation. In reality, there are many statistical measures that can use Gamma Communications historical prices to predict the future Gamma Communications' volatility.| Risk Adjusted Performance | (0.17) | |||
| Jensen Alpha | (0.33) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | (0.67) |
Gamma Communications plc Backtested Returns
Gamma Communications plc holds Efficiency (Sharpe) Ratio of -0.2, which attests that the entity had a -0.2 % return per unit of risk over the last 3 months. Gamma Communications plc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gamma Communications' Market Risk Adjusted Performance of (0.66), risk adjusted performance of (0.17), and Standard Deviation of 1.89 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.58, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Gamma Communications' returns are expected to increase less than the market. However, during the bear market, the loss of holding Gamma Communications is expected to be smaller as well. At this point, Gamma Communications plc has a negative expected return of -0.38%. Please make sure to check out Gamma Communications' standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Gamma Communications plc performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.58 |
Modest predictability
Gamma Communications plc has modest predictability. Overlapping area represents the amount of predictability between Gamma Communications time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 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 Gamma Communications plc price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current Gamma Communications price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.58 | |
| Spearman Rank Test | 0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
Gamma Communications plc lagged returns against current returns
Autocorrelation, which is Gamma Communications 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 Gamma Communications' stock expected returns. We can calculate the autocorrelation of Gamma Communications returns to help us make a trade decision. For example, suppose you find that Gamma Communications 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 |
Gamma Communications 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 Gamma Communications stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gamma Communications stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gamma Communications stock over time.
Current vs Lagged Prices |
| Timeline |
Gamma Communications Lagged Returns
When evaluating Gamma Communications' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gamma Communications stock have on its future price. Gamma Communications 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, Gamma Communications autocorrelation shows the relationship between Gamma Communications stock current value and its past values and can show if there is a momentum factor associated with investing in Gamma Communications plc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Gamma Stock
Gamma Communications financial ratios help investors to determine whether Gamma 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 Gamma with respect to the benefits of owning Gamma Communications security.