GIBB River (Australia) Market Value
| GIB Stock | 0.04 0 5.26% |
| Symbol | GIBB |
GIBB River '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 GIBB River'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 GIBB River.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in GIBB River on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding GIBB River Diamonds or generate 0.0% return on investment in GIBB River over 60 days. GIBB River is related to or competes with Northern Star, Evolution Mining, Bluescope Steel, Aneka Tambang, De Grey, Sandfire Resources, and Perseus Mining. GIBB River is entity of Australia. It is traded as Stock on AU exchange. More
GIBB River 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 GIBB River'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 GIBB River Diamonds upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 10.91 | |||
| Information Ratio | 0.0262 | |||
| Maximum Drawdown | 28.82 | |||
| Value At Risk | (9.52) | |||
| Potential Upside | 8.82 |
GIBB River Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GIBB River's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GIBB River's standard deviation. In reality, there are many statistical measures that can use GIBB River historical prices to predict the future GIBB River's volatility.| Risk Adjusted Performance | 0.033 | |||
| Jensen Alpha | 0.1599 | |||
| Total Risk Alpha | 0.0762 | |||
| Sortino Ratio | 0.0139 | |||
| Treynor Ratio | 0.4426 |
GIBB River Diamonds Backtested Returns
GIBB River appears to be out of control, given 3 months investment horizon. GIBB River Diamonds retains Efficiency (Sharpe Ratio) of 0.0447, which attests that the entity had a 0.0447% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for GIBB River, which you can use to evaluate the volatility of the firm. Please utilize GIBB River's Semi Deviation of 5.26, coefficient of variation of 3326.19, and Market Risk Adjusted Performance of 0.4526 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, GIBB River holds a performance score of 3. The company owns a Beta (Systematic Risk) of 0.37, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, GIBB River's returns are expected to increase less than the market. However, during the bear market, the loss of holding GIBB River is expected to be smaller as well. Please check GIBB River's mean deviation, downside deviation, information ratio, as well as the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether GIBB River's current price history will revert.
Auto-correlation | -0.44 |
Modest reverse predictability
GIBB River Diamonds has modest reverse predictability. Overlapping area represents the amount of predictability between GIBB River time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th 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 GIBB River Diamonds price movement. The serial correlation of -0.44 indicates that just about 44.0% of current GIBB River price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.44 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
GIBB River Diamonds lagged returns against current returns
Autocorrelation, which is GIBB River 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 GIBB River's stock expected returns. We can calculate the autocorrelation of GIBB River returns to help us make a trade decision. For example, suppose you find that GIBB River 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 |
GIBB River 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 GIBB River stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GIBB River stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GIBB River stock over time.
Current vs Lagged Prices |
| Timeline |
GIBB River Lagged Returns
When evaluating GIBB River's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GIBB River stock have on its future price. GIBB River 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, GIBB River autocorrelation shows the relationship between GIBB River stock current value and its past values and can show if there is a momentum factor associated with investing in GIBB River Diamonds.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for GIBB Stock Analysis
When running GIBB River's price analysis, check to measure GIBB River'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 GIBB River is operating at the current time. Most of GIBB River's value examination focuses on studying past and present price action to predict the probability of GIBB River's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GIBB River's price. Additionally, you may evaluate how the addition of GIBB River to your portfolios can decrease your overall portfolio volatility.