GQG Partners (Australia) Market Value
| GQG Stock | 2.35 0.05 2.17% |
| Symbol | GQG |
GQG Partners '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 GQG Partners' 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 GQG Partners.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in GQG Partners on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding GQG Partners DRC or generate 0.0% return on investment in GQG Partners over 360 days. GQG Partners is related to or competes with Bisalloy Steel, Singular Health, Vulcan Steel, and Ironbark Capital. GQG Partners is entity of Australia. It is traded as Stock on AU exchange. More
GQG Partners 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 GQG Partners' 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 GQG Partners DRC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 23.63 | |||
| Value At Risk | (4.38) | |||
| Potential Upside | 3.76 |
GQG Partners Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GQG Partners' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GQG Partners' standard deviation. In reality, there are many statistical measures that can use GQG Partners historical prices to predict the future GQG Partners' volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.71) | |||
| Treynor Ratio | (0.18) |
GQG Partners DRC Backtested Returns
GQG Partners DRC holds Efficiency (Sharpe) Ratio of -0.0427, which attests that the entity had a -0.0427% return per unit of return volatility over the last 3 months. GQG Partners DRC exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GQG Partners' Coefficient Of Variation of (2,251), market risk adjusted performance of (0.17), and Risk Adjusted Performance of (0.03) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.88, which attests to possible diversification benefits within a given portfolio. GQG Partners returns are very sensitive to returns on the market. As the market goes up or down, GQG Partners is expected to follow. At this point, GQG Partners DRC has a negative expected return of -0.14%. Please make sure to check out GQG Partners' standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if GQG Partners DRC performance from the past will be repeated in the future.
Auto-correlation | -0.14 |
Insignificant reverse predictability
GQG Partners DRC has insignificant reverse predictability. Overlapping area represents the amount of predictability between GQG Partners time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st 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 GQG Partners DRC price movement. The serial correlation of -0.14 indicates that less than 14.0% of current GQG Partners price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.14 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
GQG Partners DRC lagged returns against current returns
Autocorrelation, which is GQG Partners 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 GQG Partners' stock expected returns. We can calculate the autocorrelation of GQG Partners returns to help us make a trade decision. For example, suppose you find that GQG Partners 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 |
GQG Partners 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 GQG Partners stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GQG Partners stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GQG Partners stock over time.
Current vs Lagged Prices |
| Timeline |
GQG Partners Lagged Returns
When evaluating GQG Partners' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GQG Partners stock have on its future price. GQG Partners 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, GQG Partners autocorrelation shows the relationship between GQG Partners stock current value and its past values and can show if there is a momentum factor associated with investing in GQG Partners DRC.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for GQG Stock Analysis
When running GQG Partners' price analysis, check to measure GQG Partners' 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 GQG Partners is operating at the current time. Most of GQG Partners' value examination focuses on studying past and present price action to predict the probability of GQG Partners' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GQG Partners' price. Additionally, you may evaluate how the addition of GQG Partners to your portfolios can decrease your overall portfolio volatility.