Gorilla Technology Group Stock Market Value
| GRRRW Stock | USD 0.1 0.03 53.61% |
| Symbol | Gorilla |
Gorilla Technology Price To Book Ratio
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gorilla Technology. If investors know Gorilla will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gorilla Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share 9.55 | Quarterly Revenue Growth 2.216 | Return On Assets 0.1975 | Return On Equity 0.4425 |
The market value of Gorilla Technology is measured differently than its book value, which is the value of Gorilla that is recorded on the company's balance sheet. Investors also form their own opinion of Gorilla Technology's value that differs from its market value or its book value, called intrinsic value, which is Gorilla Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gorilla Technology's market value can be influenced by many factors that don't directly affect Gorilla Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gorilla Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gorilla Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gorilla Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Gorilla Technology '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 Gorilla Technology'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 Gorilla Technology.
| 06/06/2024 |
| 12/03/2024 |
If you would invest 0.00 in Gorilla Technology on June 6, 2024 and sell it all today you would earn a total of 0.00 from holding Gorilla Technology Group or generate 0.0% return on investment in Gorilla Technology over 180 days. Gorilla Technology is related to or competes with Alarum Technologies, Nutanix, Palo Alto, GigaCloud Technology, Pagaya Technologies, Telos Corp, and Cemtrex. Gorilla Technology is entity of United States More
Gorilla Technology 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 Gorilla Technology'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 Gorilla Technology Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 9.88 | |||
| Information Ratio | 0.1747 | |||
| Maximum Drawdown | 52.42 | |||
| Value At Risk | (17.00) | |||
| Potential Upside | 23.7 |
Gorilla Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gorilla Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gorilla Technology's standard deviation. In reality, there are many statistical measures that can use Gorilla Technology historical prices to predict the future Gorilla Technology's volatility.| Risk Adjusted Performance | 0.1505 | |||
| Jensen Alpha | 2.18 | |||
| Total Risk Alpha | 0.4276 | |||
| Sortino Ratio | 0.2206 | |||
| Treynor Ratio | 2.39 |
Gorilla Technology Backtested Returns
Gorilla Technology is out of control given 3 months investment horizon. Gorilla Technology holds Efficiency (Sharpe) Ratio of 0.2, which attests that the entity had a 0.2% return per unit of risk over the last 3 months. We were able to interpolate data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.45% are justified by taking the suggested risk. Use Gorilla Technology Group Risk Adjusted Performance of 0.1505, market risk adjusted performance of 2.4, and Downside Deviation of 9.88 to evaluate company specific risk that cannot be diversified away. Gorilla Technology holds a performance score of 15 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 0.96, which attests to possible diversification benefits within a given portfolio. Gorilla Technology returns are very sensitive to returns on the market. As the market goes up or down, Gorilla Technology is expected to follow. Use Gorilla Technology Group potential upside, as well as the relationship between the accumulation distribution and price action indicator , to analyze future returns on Gorilla Technology Group.
Auto-correlation | -0.56 |
Good reverse predictability
Gorilla Technology Group has good reverse predictability. Overlapping area represents the amount of predictability between Gorilla Technology time series from 6th of June 2024 to 4th of September 2024 and 4th of September 2024 to 3rd 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 Gorilla Technology price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current Gorilla Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.56 | |
| Spearman Rank Test | -0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Gorilla Technology lagged returns against current returns
Autocorrelation, which is Gorilla Technology 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 Gorilla Technology's stock expected returns. We can calculate the autocorrelation of Gorilla Technology returns to help us make a trade decision. For example, suppose you find that Gorilla Technology 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 |
Gorilla Technology 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 Gorilla Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gorilla Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gorilla Technology stock over time.
Current vs Lagged Prices |
| Timeline |
Gorilla Technology Lagged Returns
When evaluating Gorilla Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gorilla Technology stock have on its future price. Gorilla Technology 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, Gorilla Technology autocorrelation shows the relationship between Gorilla Technology stock current value and its past values and can show if there is a momentum factor associated with investing in Gorilla Technology Group.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Gorilla Stock Analysis
When running Gorilla Technology's price analysis, check to measure Gorilla Technology'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 Gorilla Technology is operating at the current time. Most of Gorilla Technology's value examination focuses on studying past and present price action to predict the probability of Gorilla Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gorilla Technology's price. Additionally, you may evaluate how the addition of Gorilla Technology to your portfolios can decrease your overall portfolio volatility.