Galva Technologies (Indonesia) Market Value
| GLVA Stock | IDR 318.00 2.00 0.63% |
| 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.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Galva Technologies on December 17, 2024 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 90 days. Galva Technologies is related to or competes with Multipolar Technology, Nusantara Voucher, 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.
| Information Ratio | 7.0E-4 | |||
| Maximum Drawdown | 18.4 | |||
| Value At Risk | (3.59) | |||
| Potential Upside | 5.66 |
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 | (0.02) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | 0.2884 | |||
| Treynor Ratio | 0.5809 |
Galva Technologies Tbk Backtested Returns
Galva Technologies Tbk holds Efficiency (Sharpe) Ratio of close to zero, which attests that the entity had a close to zero % return per unit of risk over the last 3 months. Galva Technologies Tbk exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Galva Technologies' Risk Adjusted Performance of (0.02), standard deviation of 3.16, and Market Risk Adjusted Performance of 0.5909 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.18, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Galva Technologies are expected to decrease at a much lower rate. During the bear market, Galva Technologies is likely to outperform the market. At this point, Galva Technologies Tbk has a negative expected return of -0.0206%. Please make sure to check out Galva Technologies' treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to decide if Galva Technologies Tbk performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.02 |
Virtually no predictability
Galva Technologies Tbk has virtually no predictability. Overlapping area represents the amount of predictability between Galva Technologies time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Galva Technologies Tbk price movement. The serial correlation of 0.02 indicates that only 2.0% of current Galva Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 70.63 |
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.