Gear4music (Holdings) (UK) Market Value
| G4M Stock | 145.00 2.50 1.69% |
| Symbol | Gear4music |
Gear4music (Holdings) '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 Gear4music (Holdings)'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 Gear4music (Holdings).
| 01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in Gear4music (Holdings) on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding Gear4music Plc or generate 0.0% return on investment in Gear4music (Holdings) over 30 days. Gear4music (Holdings) is related to or competes with Fonix Mobile, Mobilezone Holding, Symphony Environmental, Veolia Environnement, Foresight Environmental, Infrastrutture Wireless, and Tata Steel. Gear4music is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Gear4music (Holdings) 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 Gear4music (Holdings)'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 Gear4music Plc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 11.29 | |||
| Value At Risk | (1.69) | |||
| Potential Upside | 3.09 |
Gear4music (Holdings) Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gear4music (Holdings)'s investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gear4music (Holdings)'s standard deviation. In reality, there are many statistical measures that can use Gear4music (Holdings) historical prices to predict the future Gear4music (Holdings)'s volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (0.36) |
Gear4music (Holdings) Backtested Returns
Gear4music (Holdings) holds Efficiency (Sharpe) Ratio of -0.18, which attests that the entity had a -0.18 % return per unit of standard deviation over the last 3 months. Gear4music (Holdings) exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gear4music (Holdings)'s risk adjusted performance of (0.03), and Market Risk Adjusted Performance of (0.35) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.27, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Gear4music (Holdings)'s returns are expected to increase less than the market. However, during the bear market, the loss of holding Gear4music (Holdings) is expected to be smaller as well. At this point, Gear4music (Holdings) has a negative expected return of -0.25%. Please make sure to check out Gear4music (Holdings)'s total risk alpha, potential upside, and the relationship between the standard deviation and maximum drawdown , to decide if Gear4music (Holdings) performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.61 |
Good predictability
Gear4music Plc has good predictability. Overlapping area represents the amount of predictability between Gear4music (Holdings) time series from 28th of January 2025 to 12th of February 2025 and 12th of February 2025 to 27th of February 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 Gear4music (Holdings) price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current Gear4music (Holdings) price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.61 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 11.67 |
Gear4music (Holdings) lagged returns against current returns
Autocorrelation, which is Gear4music (Holdings) 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 Gear4music (Holdings)'s stock expected returns. We can calculate the autocorrelation of Gear4music (Holdings) returns to help us make a trade decision. For example, suppose you find that Gear4music (Holdings) 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 |
Gear4music (Holdings) 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 Gear4music (Holdings) stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gear4music (Holdings) stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gear4music (Holdings) stock over time.
Current vs Lagged Prices |
| Timeline |
Gear4music (Holdings) Lagged Returns
When evaluating Gear4music (Holdings)'s market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gear4music (Holdings) stock have on its future price. Gear4music (Holdings) 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, Gear4music (Holdings) autocorrelation shows the relationship between Gear4music (Holdings) stock current value and its past values and can show if there is a momentum factor associated with investing in Gear4music Plc.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in Gear4music Stock
Gear4music (Holdings) financial ratios help investors to determine whether Gear4music 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 Gear4music with respect to the benefits of owning Gear4music (Holdings) security.