Galva Technologies (Indonesia) Market Value
| GLVA Stock | IDR 348.00 2.00 0.58% |
| Symbol | Galva |
Galva Technologies '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 Galva Technologies' 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 Galva Technologies.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Galva Technologies on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Galva Technologies Tbk or generate 0.0% return on investment in Galva Technologies over 720 days. Galva Technologies is related to or competes with Multipolar Technology, Hensel Davest, Anabatic Technologies, and Digital Mediatama. PT Galva Technologies Tbk supplies electronic products in Indonesia More
Galva Technologies 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 Galva Technologies' 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 Galva Technologies Tbk upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.35 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 6.81 | |||
| Value At Risk | (1.17) | |||
| Potential Upside | 1.8 |
Galva Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Galva Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Galva Technologies' standard deviation. In reality, there are many statistical measures that can use Galva Technologies historical prices to predict the future Galva Technologies' volatility.| Risk Adjusted Performance | 0.0523 | |||
| Jensen Alpha | 0.0537 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 1.91 |
Galva Technologies Tbk Backtested Returns
As of now, Galva Stock is very steady. Galva Technologies Tbk holds Efficiency (Sharpe) Ratio of 0.085, which attests that the entity had a 0.085% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Galva Technologies Tbk, which you can use to evaluate the volatility of the firm. Please check out Galva Technologies' Market Risk Adjusted Performance of 1.92, downside deviation of 1.35, and Risk Adjusted Performance of 0.0523 to validate if the risk estimate we provide is consistent with the expected return of 0.0898%. Galva Technologies has a performance score of 6 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.0301, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Galva Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding Galva Technologies is expected to be smaller as well. Galva Technologies Tbk right now retains a risk of 1.06%. Please check out Galva Technologies jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to decide if Galva Technologies will be following its current trending patterns.
Auto-correlation | -0.2 |
Insignificant reverse predictability
Galva Technologies Tbk has insignificant reverse predictability. Overlapping area represents the amount of predictability between Galva Technologies time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Galva Technologies Tbk price movement. The serial correlation of -0.2 indicates that over 20.0% of current Galva Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.2 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 6069.06 |
Galva Technologies Tbk lagged returns against current returns
Autocorrelation, which is Galva Technologies 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 Galva Technologies' stock expected returns. We can calculate the autocorrelation of Galva Technologies returns to help us make a trade decision. For example, suppose you find that Galva Technologies 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 |
Galva Technologies 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 Galva Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Galva Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Galva Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
Galva Technologies Lagged Returns
When evaluating Galva Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Galva Technologies stock have on its future price. Galva Technologies 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, Galva Technologies autocorrelation shows the relationship between Galva Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Galva Technologies Tbk.
Regressed Prices |
| Timeline |
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Galva Technologies financial ratios help investors to determine whether Galva Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Galva with respect to the benefits of owning Galva Technologies security.