Geron (China) Market Value
| 002722 Stock | 16.90 0.34 2.05% |
| Symbol | Geron |
Geron '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 Geron'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 Geron.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Geron on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Geron Co or generate 0.0% return on investment in Geron over 30 days. Geron is related to or competes with LianChuang Electronic, Semiconductor Manufacturing, Fujian Newland, Integrated Electronic, Xinya Electronic, FSPG Hi, and Sichuan Jinshi. Geron is entity of China. It is traded as Stock on SHE exchange. More
Geron 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 Geron'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 Geron Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.29 | |||
| Information Ratio | 0.1446 | |||
| Maximum Drawdown | 20.02 | |||
| Value At Risk | (4.93) | |||
| Potential Upside | 9.47 |
Geron Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Geron's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Geron's standard deviation. In reality, there are many statistical measures that can use Geron historical prices to predict the future Geron's volatility.| Risk Adjusted Performance | 0.1364 | |||
| Jensen Alpha | 0.712 | |||
| Total Risk Alpha | 0.0625 | |||
| Sortino Ratio | 0.1653 | |||
| Treynor Ratio | (1.42) |
Geron Backtested Returns
Geron appears to be somewhat reliable, given 3 months investment horizon. Geron holds Efficiency (Sharpe) Ratio of 0.19, which attests that the entity had a 0.19% return per unit of risk over the last 3 months. By evaluating Geron's technical indicators, you can evaluate if the expected return of 0.75% is justified by implied risk. Please utilize Geron's Market Risk Adjusted Performance of (1.41), risk adjusted performance of 0.1364, and Downside Deviation of 3.29 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Geron holds a performance score of 14. The company retains a Market Volatility (i.e., Beta) of -0.46, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Geron are expected to decrease at a much lower rate. During the bear market, Geron is likely to outperform the market. Please check Geron's jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to make a quick decision on whether Geron's current trending patterns will revert.
Auto-correlation | 0.35 |
Below average predictability
Geron Co has below average predictability. Overlapping area represents the amount of predictability between Geron time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 Geron price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current Geron price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.47 |
Geron lagged returns against current returns
Autocorrelation, which is Geron 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 Geron's stock expected returns. We can calculate the autocorrelation of Geron returns to help us make a trade decision. For example, suppose you find that Geron 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 |
Geron 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 Geron stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Geron stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Geron stock over time.
Current vs Lagged Prices |
| Timeline |
Geron Lagged Returns
When evaluating Geron's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Geron stock have on its future price. Geron 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, Geron autocorrelation shows the relationship between Geron stock current value and its past values and can show if there is a momentum factor associated with investing in Geron Co.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in Geron Stock
Geron financial ratios help investors to determine whether Geron 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 Geron with respect to the benefits of owning Geron security.