Gear4music Plc (UK) Market Value
| G4M Stock | 152.50 2.50 1.61% |
| Symbol | Gear4music |
Gear4music Plc '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 Gear4music Plc'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 Gear4music Plc.
| 02/11/2023 |
| 01/31/2025 |
If you would invest 0.00 in Gear4music Plc on February 11, 2023 and sell it all today you would earn a total of 0.00 from holding Gear4music Plc or generate 0.0% return on investment in Gear4music Plc over 720 days. Gear4music Plc is related to or competes with First, Europa Metals, Cornish Metals, Spotify Technology, Made Tech, Coeur Mining, and Ashtead Technology. More
Gear4music Plc 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 Gear4music Plc'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 Gear4music Plc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 11.29 | |||
| Value At Risk | (3.08) | |||
| Potential Upside | 3.09 |
Gear4music Plc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gear4music Plc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gear4music Plc's standard deviation. In reality, there are many statistical measures that can use Gear4music Plc historical prices to predict the future Gear4music Plc's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | (0.83) |
Gear4music Plc Backtested Returns
Gear4music Plc holds Efficiency (Sharpe) Ratio of -0.0876, which attests that the entity had a -0.0876 % return per unit of standard deviation over the last 3 months. Gear4music Plc exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gear4music Plc's risk adjusted performance of (0.07), and Market Risk Adjusted Performance of (0.82) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.21, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Gear4music Plc's returns are expected to increase less than the market. However, during the bear market, the loss of holding Gear4music Plc is expected to be smaller as well. At this point, Gear4music Plc has a negative expected return of -0.16%. Please make sure to check out Gear4music Plc's total risk alpha, potential upside, and the relationship between the standard deviation and maximum drawdown , to decide if Gear4music Plc performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.33 |
Below average predictability
Gear4music Plc has below average predictability. Overlapping area represents the amount of predictability between Gear4music Plc time series from 11th of February 2023 to 6th of February 2024 and 6th of February 2024 to 31st of January 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 Gear4music Plc price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Gear4music Plc price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | 0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 301.62 |
Gear4music Plc lagged returns against current returns
Autocorrelation, which is Gear4music Plc 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 Gear4music Plc's stock expected returns. We can calculate the autocorrelation of Gear4music Plc returns to help us make a trade decision. For example, suppose you find that Gear4music Plc 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 |
Gear4music Plc 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 Gear4music Plc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gear4music Plc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gear4music Plc stock over time.
Current vs Lagged Prices |
| Timeline |
Gear4music Plc Lagged Returns
When evaluating Gear4music Plc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gear4music Plc stock have on its future price. Gear4music Plc 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, Gear4music Plc autocorrelation shows the relationship between Gear4music Plc stock current value and its past values and can show if there is a momentum factor associated with investing in Gear4music Plc.
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.Other Information on Investing in Gear4music Stock
Gear4music Plc financial ratios help investors to determine whether Gear4music 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 Gear4music with respect to the benefits of owning Gear4music Plc security.