Gaumont SA (France) Market Value
| GAM Stock | EUR 83.50 0.50 0.60% |
| Symbol | Gaumont |
Gaumont SA '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 Gaumont SA'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 Gaumont SA.
| 10/04/2023 |
| 11/27/2024 |
If you would invest 0.00 in Gaumont SA on October 4, 2023 and sell it all today you would earn a total of 0.00 from holding Gaumont SA or generate 0.0% return on investment in Gaumont SA over 420 days. Gaumont SA is related to or competes with NRJ, Groupe Partouche, Passat Socit, Jacques Bogart, and Gevelot. Gaumont SA, together with its subsidiaries, produces and distributes movies in France, the United States, and internatio... More
Gaumont SA 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 Gaumont SA'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 Gaumont SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 7.89 | |||
| Value At Risk | (2.25) | |||
| Potential Upside | 2.87 |
Gaumont SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gaumont SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gaumont SA's standard deviation. In reality, there are many statistical measures that can use Gaumont SA historical prices to predict the future Gaumont SA's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | 1.24 |
Gaumont SA Backtested Returns
Gaumont SA holds Efficiency (Sharpe) Ratio of -0.055, which attests that the entity had a -0.055% return per unit of risk over the last 3 months. Gaumont SA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gaumont SA's Standard Deviation of 1.44, risk adjusted performance of (0.02), and Market Risk Adjusted Performance of 1.25 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.0426, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Gaumont SA are expected to decrease at a much lower rate. During the bear market, Gaumont SA is likely to outperform the market. At this point, Gaumont SA has a negative expected return of -0.0792%. Please make sure to check out Gaumont SA's daily balance of power, and the relationship between the skewness and day typical price , to decide if Gaumont SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.42 |
Average predictability
Gaumont SA has average predictability. Overlapping area represents the amount of predictability between Gaumont SA time series from 4th of October 2023 to 1st of May 2024 and 1st of May 2024 to 27th of November 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 Gaumont SA price movement. The serial correlation of 0.42 indicates that just about 42.0% of current Gaumont SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 12.61 |
Gaumont SA lagged returns against current returns
Autocorrelation, which is Gaumont SA 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 Gaumont SA's stock expected returns. We can calculate the autocorrelation of Gaumont SA returns to help us make a trade decision. For example, suppose you find that Gaumont SA 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 |
Gaumont SA 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 Gaumont SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gaumont SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gaumont SA stock over time.
Current vs Lagged Prices |
| Timeline |
Gaumont SA Lagged Returns
When evaluating Gaumont SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gaumont SA stock have on its future price. Gaumont SA 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, Gaumont SA autocorrelation shows the relationship between Gaumont SA stock current value and its past values and can show if there is a momentum factor associated with investing in Gaumont SA.
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 Gaumont Stock
Gaumont SA financial ratios help investors to determine whether Gaumont 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 Gaumont with respect to the benefits of owning Gaumont SA security.