Going Public (Germany) Market Value
| G6P Stock | EUR 4.11 0.06 1.48% |
| Symbol | Going |
Going Public '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 Going Public'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 Going Public.
| 11/15/2024 |
| 12/15/2024 |
If you would invest 0.00 in Going Public on November 15, 2024 and sell it all today you would earn a total of 0.00 from holding Going Public Media or generate 0.0% return on investment in Going Public over 30 days. Going Public is related to or competes with Superior Plus, SIVERS SEMICONDUCTORS, Norsk Hydro, Reliance Steel, RYOHIN UNSPADR1, Vanguard Funds, and Meli Hotels. Going Public Media Aktiengesellschaft operates as a media house for corporate finance and investment topics in Germany More
Going Public 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 Going Public'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 Going Public Media upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 6.83 | |||
| Value At Risk | (3.51) | |||
| Potential Upside | 1.48 |
Going Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Going Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Going Public's standard deviation. In reality, there are many statistical measures that can use Going Public historical prices to predict the future Going Public's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | (1.45) |
Going Public Media Backtested Returns
Going Public Media holds Efficiency (Sharpe) Ratio of -0.14, which attests that the entity had a -0.14% return per unit of risk over the last 3 months. Going Public Media exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Going Public's Standard Deviation of 1.26, market risk adjusted performance of (1.44), and Risk Adjusted Performance of (0.1) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.13, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Going Public's returns are expected to increase less than the market. However, during the bear market, the loss of holding Going Public is expected to be smaller as well. At this point, Going Public Media has a negative expected return of -0.18%. Please make sure to check out Going Public's total risk alpha, maximum drawdown, and the relationship between the jensen alpha and treynor ratio , to decide if Going Public Media performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.55 |
Modest predictability
Going Public Media has modest predictability. Overlapping area represents the amount of predictability between Going Public time series from 15th of November 2024 to 30th of November 2024 and 30th of November 2024 to 15th 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 Going Public Media price movement. The serial correlation of 0.55 indicates that about 55.0% of current Going Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Going Public Media lagged returns against current returns
Autocorrelation, which is Going Public 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 Going Public's stock expected returns. We can calculate the autocorrelation of Going Public returns to help us make a trade decision. For example, suppose you find that Going Public 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 |
Going Public 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 Going Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Going Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Going Public stock over time.
Current vs Lagged Prices |
| Timeline |
Going Public Lagged Returns
When evaluating Going Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Going Public stock have on its future price. Going Public 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, Going Public autocorrelation shows the relationship between Going Public stock current value and its past values and can show if there is a momentum factor associated with investing in Going Public Media.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Going Stock
Going Public financial ratios help investors to determine whether Going 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 Going with respect to the benefits of owning Going Public security.