Gold Bullion (UK) Market Value
| GBSS Stock | 21,447 258.50 1.22% |
| Symbol | Gold |
Gold Bullion '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 Gold Bullion'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 Gold Bullion.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in Gold Bullion on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Gold Bullion Securities or generate 0.0% return on investment in Gold Bullion over 90 days. Gold Bullion is related to or competes with IShares Physical, IShares Physical, Invesco Physical, Amundi Physical, Invesco Physical, Invesco Physical, and Xtrackers Physical. Gold Bullion is entity of United Kingdom More
Gold Bullion 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 Gold Bullion'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 Gold Bullion Securities upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7275 | |||
| Information Ratio | 0.2811 | |||
| Maximum Drawdown | 4.84 | |||
| Value At Risk | (1.20) | |||
| Potential Upside | 1.52 |
Gold Bullion Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gold Bullion's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gold Bullion's standard deviation. In reality, there are many statistical measures that can use Gold Bullion historical prices to predict the future Gold Bullion's volatility.| Risk Adjusted Performance | 0.1624 | |||
| Jensen Alpha | 0.1424 | |||
| Total Risk Alpha | 0.2342 | |||
| Sortino Ratio | 0.3266 | |||
| Treynor Ratio | (3.08) |
Gold Bullion Securities Backtested Returns
Gold Bullion appears to be very steady, given 3 months investment horizon. Gold Bullion Securities holds Efficiency (Sharpe) Ratio of 0.24, which attests that the entity had a 0.24 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Gold Bullion Securities, which you can use to evaluate the volatility of the firm. Please utilize Gold Bullion's Downside Deviation of 0.7275, market risk adjusted performance of (3.07), and Risk Adjusted Performance of 0.1624 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Gold Bullion holds a performance score of 19. The company retains a Market Volatility (i.e., Beta) of -0.0477, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Gold Bullion are expected to decrease at a much lower rate. During the bear market, Gold Bullion is likely to outperform the market. Please check Gold Bullion's jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to make a quick decision on whether Gold Bullion's current trending patterns will revert.
Auto-correlation | -0.36 |
Poor reverse predictability
Gold Bullion Securities has poor reverse predictability. Overlapping area represents the amount of predictability between Gold Bullion time series from 19th of December 2024 to 2nd of February 2025 and 2nd of February 2025 to 19th 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 Gold Bullion Securities price movement. The serial correlation of -0.36 indicates that just about 36.0% of current Gold Bullion price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | -0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 64.5 K |
Gold Bullion Securities lagged returns against current returns
Autocorrelation, which is Gold Bullion 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 Gold Bullion's stock expected returns. We can calculate the autocorrelation of Gold Bullion returns to help us make a trade decision. For example, suppose you find that Gold Bullion 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 |
Gold Bullion 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 Gold Bullion stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gold Bullion stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gold Bullion stock over time.
Current vs Lagged Prices |
| Timeline |
Gold Bullion Lagged Returns
When evaluating Gold Bullion's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gold Bullion stock have on its future price. Gold Bullion 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, Gold Bullion autocorrelation shows the relationship between Gold Bullion stock current value and its past values and can show if there is a momentum factor associated with investing in Gold Bullion Securities.
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.Additional Tools for Gold Stock Analysis
When running Gold Bullion's price analysis, check to measure Gold Bullion'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 Gold Bullion is operating at the current time. Most of Gold Bullion's value examination focuses on studying past and present price action to predict the probability of Gold Bullion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gold Bullion's price. Additionally, you may evaluate how the addition of Gold Bullion to your portfolios can decrease your overall portfolio volatility.