Gamma Communications (UK) Market Value
| GAMA Stock | 1,586 2.00 0.13% |
| Symbol | Gamma |
Gamma Communications '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 Gamma Communications' 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 Gamma Communications.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Gamma Communications on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Gamma Communications PLC or generate 0.0% return on investment in Gamma Communications over 30 days. Gamma Communications is related to or competes with Vitec Software, Infrastrutture Wireless, PPHE Hotel, Scandic Hotels, Charter Communications, Batm Advanced, and United Utilities. Gamma Communications is entity of United Kingdom More
Gamma Communications 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 Gamma Communications' 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 Gamma Communications PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.31 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 16.38 | |||
| Value At Risk | (1.96) | |||
| Potential Upside | 1.59 |
Gamma Communications Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gamma Communications' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gamma Communications' standard deviation. In reality, there are many statistical measures that can use Gamma Communications historical prices to predict the future Gamma Communications' volatility.| Risk Adjusted Performance | 0.0361 | |||
| Jensen Alpha | 0.0616 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 1.8 |
Gamma Communications PLC Backtested Returns
Currently, Gamma Communications PLC is very steady. Gamma Communications PLC holds Efficiency (Sharpe) Ratio of 0.0346, which attests that the entity had a 0.0346% return per unit of risk over the last 3 months. We have found thirty technical indicators for Gamma Communications PLC, which you can use to evaluate the volatility of the firm. Please check out Gamma Communications' Market Risk Adjusted Performance of 1.81, downside deviation of 1.31, and Risk Adjusted Performance of 0.0361 to validate if the risk estimate we provide is consistent with the expected return of 0.0679%. Gamma Communications has a performance score of 2 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.0367, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Gamma Communications' returns are expected to increase less than the market. However, during the bear market, the loss of holding Gamma Communications is expected to be smaller as well. Gamma Communications PLC right now retains a risk of 1.96%. Please check out Gamma Communications total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to decide if Gamma Communications will be following its current trending patterns.
Auto-correlation | -0.16 |
Insignificant reverse predictability
Gamma Communications PLC has insignificant reverse predictability. Overlapping area represents the amount of predictability between Gamma Communications time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Gamma Communications PLC price movement. The serial correlation of -0.16 indicates that over 16.0% of current Gamma Communications price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.16 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 211.17 |
Gamma Communications PLC lagged returns against current returns
Autocorrelation, which is Gamma Communications 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 Gamma Communications' stock expected returns. We can calculate the autocorrelation of Gamma Communications returns to help us make a trade decision. For example, suppose you find that Gamma Communications 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 |
Gamma Communications 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 Gamma Communications stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gamma Communications stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gamma Communications stock over time.
Current vs Lagged Prices |
| Timeline |
Gamma Communications Lagged Returns
When evaluating Gamma Communications' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gamma Communications stock have on its future price. Gamma Communications 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, Gamma Communications autocorrelation shows the relationship between Gamma Communications stock current value and its past values and can show if there is a momentum factor associated with investing in Gamma Communications 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.Additional Tools for Gamma Stock Analysis
When running Gamma Communications' price analysis, check to measure Gamma Communications' 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 Gamma Communications is operating at the current time. Most of Gamma Communications' value examination focuses on studying past and present price action to predict the probability of Gamma Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gamma Communications' price. Additionally, you may evaluate how the addition of Gamma Communications to your portfolios can decrease your overall portfolio volatility.