Galan Lithium (Australia) Market Value
| GLN Stock | 0.14 0.01 6.67% |
| Symbol | Galan |
Galan Lithium '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 Galan Lithium'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 Galan Lithium.
| 12/07/2024 |
| 01/06/2025 |
If you would invest 0.00 in Galan Lithium on December 7, 2024 and sell it all today you would earn a total of 0.00 from holding Galan Lithium or generate 0.0% return on investment in Galan Lithium over 30 days. Galan Lithium is related to or competes with Macquarie Technology, Regis Healthcare, Retail Food, and Global Health. More
Galan Lithium 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 Galan Lithium'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 Galan Lithium upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.11 | |||
| Information Ratio | 0.0282 | |||
| Maximum Drawdown | 29.67 | |||
| Value At Risk | (7.69) | |||
| Potential Upside | 8.33 |
Galan Lithium Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Galan Lithium's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Galan Lithium's standard deviation. In reality, there are many statistical measures that can use Galan Lithium historical prices to predict the future Galan Lithium's volatility.| Risk Adjusted Performance | 0.0344 | |||
| Jensen Alpha | 0.2301 | |||
| Total Risk Alpha | 0.097 | |||
| Sortino Ratio | 0.0226 | |||
| Treynor Ratio | (0.07) |
Galan Lithium Backtested Returns
Galan Lithium appears to be out of control, given 3 months investment horizon. Galan Lithium holds Efficiency (Sharpe) Ratio of 0.0317, which attests that the entity had a 0.0317% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Galan Lithium, which you can use to evaluate the volatility of the firm. Please utilize Galan Lithium's Market Risk Adjusted Performance of (0.06), downside deviation of 8.11, and Risk Adjusted Performance of 0.0344 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Galan Lithium holds a performance score of 2. The company retains a Market Volatility (i.e., Beta) of -2.78, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Galan Lithium are expected to decrease by larger amounts. On the other hand, during market turmoil, Galan Lithium is expected to outperform it. Please check Galan Lithium's jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to make a quick decision on whether Galan Lithium's current trending patterns will revert.
Auto-correlation | -0.19 |
Insignificant reverse predictability
Galan Lithium has insignificant reverse predictability. Overlapping area represents the amount of predictability between Galan Lithium time series from 7th of December 2024 to 22nd of December 2024 and 22nd of December 2024 to 6th 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 Galan Lithium price movement. The serial correlation of -0.19 indicates that over 19.0% of current Galan Lithium price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Galan Lithium lagged returns against current returns
Autocorrelation, which is Galan Lithium 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 Galan Lithium's stock expected returns. We can calculate the autocorrelation of Galan Lithium returns to help us make a trade decision. For example, suppose you find that Galan Lithium 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 |
Galan Lithium 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 Galan Lithium stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Galan Lithium stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Galan Lithium stock over time.
Current vs Lagged Prices |
| Timeline |
Galan Lithium Lagged Returns
When evaluating Galan Lithium's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Galan Lithium stock have on its future price. Galan Lithium 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, Galan Lithium autocorrelation shows the relationship between Galan Lithium stock current value and its past values and can show if there is a momentum factor associated with investing in Galan Lithium.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Galan Stock Analysis
When running Galan Lithium's price analysis, check to measure Galan Lithium'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 Galan Lithium is operating at the current time. Most of Galan Lithium's value examination focuses on studying past and present price action to predict the probability of Galan Lithium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Galan Lithium's price. Additionally, you may evaluate how the addition of Galan Lithium to your portfolios can decrease your overall portfolio volatility.