GOING PUBL (Germany) Market Value
| G6P Stock | EUR 4.02 0.00 0.00% |
| Symbol | GOING |
GOING PUBL '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 GOING PUBL'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 GOING PUBL.
| 12/08/2023 |
| 01/01/2025 |
If you would invest 0.00 in GOING PUBL on December 8, 2023 and sell it all today you would earn a total of 0.00 from holding GOING PUBL MEDIA or generate 0.0% return on investment in GOING PUBL over 390 days. GOING PUBL is related to or competes with Apple, Apple, Apple, Apple, Microsoft, Microsoft, and Microsoft. More
GOING PUBL 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 GOING PUBL'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 GOING PUBL MEDIA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.31) | |||
| Maximum Drawdown | 5.38 | |||
| Value At Risk | (2.35) |
GOING PUBL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GOING PUBL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GOING PUBL's standard deviation. In reality, there are many statistical measures that can use GOING PUBL historical prices to predict the future GOING PUBL's volatility.| Risk Adjusted Performance | (0.24) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (12.78) |
GOING PUBL MEDIA Backtested Returns
GOING PUBL MEDIA holds Efficiency (Sharpe) Ratio of -0.31, which attests that the entity had a -0.31% return per unit of risk over the last 3 months. GOING PUBL MEDIA exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GOING PUBL's Market Risk Adjusted Performance of (12.77), risk adjusted performance of (0.24), and Coefficient Of Variation of (332.71) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.0229, which attests to not very significant fluctuations relative to the market. As returns on the market increase, GOING PUBL's returns are expected to increase less than the market. However, during the bear market, the loss of holding GOING PUBL is expected to be smaller as well. At this point, GOING PUBL MEDIA has a negative expected return of -0.31%. Please make sure to check out GOING PUBL's variance, value at risk, day median price, as well as the relationship between the jensen alpha and kurtosis , to decide if GOING PUBL MEDIA performance from the past will be repeated in the future.
Auto-correlation | 0.12 |
Insignificant predictability
GOING PUBL MEDIA has insignificant predictability. Overlapping area represents the amount of predictability between GOING PUBL time series from 8th of December 2023 to 20th of June 2024 and 20th of June 2024 to 1st 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 GOING PUBL MEDIA price movement. The serial correlation of 0.12 indicates that less than 12.0% of current GOING PUBL price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
GOING PUBL MEDIA lagged returns against current returns
Autocorrelation, which is GOING PUBL 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 GOING PUBL's stock expected returns. We can calculate the autocorrelation of GOING PUBL returns to help us make a trade decision. For example, suppose you find that GOING PUBL 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 |
GOING PUBL 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 GOING PUBL stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GOING PUBL stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GOING PUBL stock over time.
Current vs Lagged Prices |
| Timeline |
GOING PUBL Lagged Returns
When evaluating GOING PUBL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GOING PUBL stock have on its future price. GOING PUBL 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, GOING PUBL autocorrelation shows the relationship between GOING PUBL stock current value and its past values and can show if there is a momentum factor associated with investing in GOING PUBL MEDIA.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for GOING Stock Analysis
When running GOING PUBL's price analysis, check to measure GOING PUBL'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 GOING PUBL is operating at the current time. Most of GOING PUBL's value examination focuses on studying past and present price action to predict the probability of GOING PUBL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GOING PUBL's price. Additionally, you may evaluate how the addition of GOING PUBL to your portfolios can decrease your overall portfolio volatility.