Galileo Mining (Australia) Market Value
| GAL Stock | 0.13 0.01 7.14% |
| Symbol | Galileo |
Galileo Mining '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 Galileo Mining'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 Galileo Mining.
| 01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in Galileo Mining on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding Galileo Mining or generate 0.0% return on investment in Galileo Mining over 30 days. Galileo Mining is related to or competes with TPG Telecom, FireFly Metals, Aurelia Metals, Spirit Telecom, and Falcon Metals. Galileo Mining is entity of Australia. It is traded as Stock on AU exchange. More
Galileo Mining 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 Galileo Mining'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 Galileo Mining upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.5 | |||
| Information Ratio | 0.0277 | |||
| Maximum Drawdown | 29.17 | |||
| Value At Risk | (8.33) | |||
| Potential Upside | 9.09 |
Galileo Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Galileo Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Galileo Mining's standard deviation. In reality, there are many statistical measures that can use Galileo Mining historical prices to predict the future Galileo Mining's volatility.| Risk Adjusted Performance | 0.0295 | |||
| Jensen Alpha | 0.1554 | |||
| Total Risk Alpha | 0.2026 | |||
| Sortino Ratio | 0.0187 | |||
| Treynor Ratio | 0.3144 |
Galileo Mining Backtested Returns
Currently, Galileo Mining is out of control. Galileo Mining holds Efficiency (Sharpe) Ratio of 0.027, which attests that the entity had a 0.027 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Galileo Mining, which you can use to evaluate the volatility of the firm. Please check out Galileo Mining's Market Risk Adjusted Performance of 0.3244, downside deviation of 8.5, and Risk Adjusted Performance of 0.0295 to validate if the risk estimate we provide is consistent with the expected return of 0.15%. Galileo Mining has a performance score of 2 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.48, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Galileo Mining's returns are expected to increase less than the market. However, during the bear market, the loss of holding Galileo Mining is expected to be smaller as well. Galileo Mining right now retains a risk of 5.53%. Please check out Galileo Mining jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to decide if Galileo Mining will be following its current trending patterns.
Auto-correlation | 0.06 |
Virtually no predictability
Galileo Mining has virtually no predictability. Overlapping area represents the amount of predictability between Galileo Mining 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 Galileo Mining price movement. The serial correlation of 0.06 indicates that barely 6.0% of current Galileo Mining price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.06 | |
| Spearman Rank Test | 0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Galileo Mining lagged returns against current returns
Autocorrelation, which is Galileo Mining 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 Galileo Mining's stock expected returns. We can calculate the autocorrelation of Galileo Mining returns to help us make a trade decision. For example, suppose you find that Galileo Mining 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 |
Galileo Mining 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 Galileo Mining stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Galileo Mining stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Galileo Mining stock over time.
Current vs Lagged Prices |
| Timeline |
Galileo Mining Lagged Returns
When evaluating Galileo Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Galileo Mining stock have on its future price. Galileo Mining 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, Galileo Mining autocorrelation shows the relationship between Galileo Mining stock current value and its past values and can show if there is a momentum factor associated with investing in Galileo Mining.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Galileo Stock Analysis
When running Galileo Mining's price analysis, check to measure Galileo Mining'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 Galileo Mining is operating at the current time. Most of Galileo Mining's value examination focuses on studying past and present price action to predict the probability of Galileo Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Galileo Mining's price. Additionally, you may evaluate how the addition of Galileo Mining to your portfolios can decrease your overall portfolio volatility.