Gan Stock Market Value
| GAN Stock | USD 1.82 0.02 1.09% |
| Symbol | Gan |
Gan Price To Book Ratio
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gan. If investors know Gan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gan listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.77) | Earnings Share (0.29) | Revenue Per Share 2.964 | Quarterly Revenue Growth 0.244 | Return On Assets (0.07) |
The market value of Gan is measured differently than its book value, which is the value of Gan that is recorded on the company's balance sheet. Investors also form their own opinion of Gan's value that differs from its market value or its book value, called intrinsic value, which is Gan's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gan's market value can be influenced by many factors that don't directly affect Gan's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gan's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gan's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Gan '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 Gan'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 Gan.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Gan on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Gan or generate 0.0% return on investment in Gan over 30 days. Gan is related to or competes with Rush Street, Inspired Entertainment, PointsBet Holdings, PlayAGS, Accel Entertainment, International Game, and Light Wonder. GAN Limited operates as a business-to-business supplier of enterprise software-as-a-service solutions to online casino g... More
Gan 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 Gan'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 Gan upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.21 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 6.72 | |||
| Value At Risk | (1.66) | |||
| Potential Upside | 2.26 |
Gan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gan's standard deviation. In reality, there are many statistical measures that can use Gan historical prices to predict the future Gan's volatility.| Risk Adjusted Performance | 0.0728 | |||
| Jensen Alpha | 0.0506 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.2785 |
Gan Backtested Returns
As of now, Gan Stock is slightly risky. Gan holds Efficiency (Sharpe) Ratio of 0.0851, which attests that the entity had a 0.0851% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Gan, which you can use to evaluate the volatility of the firm. Please check out Gan's Market Risk Adjusted Performance of 0.2885, risk adjusted performance of 0.0728, and Downside Deviation of 1.21 to validate if the risk estimate we provide is consistent with the expected return of 0.0933%. Gan has a performance score of 6 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.32, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Gan's returns are expected to increase less than the market. However, during the bear market, the loss of holding Gan is expected to be smaller as well. Gan right now retains a risk of 1.1%. Please check out Gan sortino ratio, skewness, period momentum indicator, as well as the relationship between the potential upside and rate of daily change , to decide if Gan will be following its current trending patterns.
Auto-correlation | -0.29 |
Weak reverse predictability
Gan has weak reverse predictability. Overlapping area represents the amount of predictability between Gan time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Gan price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current Gan price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Gan lagged returns against current returns
Autocorrelation, which is Gan 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 Gan's stock expected returns. We can calculate the autocorrelation of Gan returns to help us make a trade decision. For example, suppose you find that Gan 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 |
Gan 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 Gan stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gan stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gan stock over time.
Current vs Lagged Prices |
| Timeline |
Gan Lagged Returns
When evaluating Gan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gan stock have on its future price. Gan 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, Gan autocorrelation shows the relationship between Gan stock current value and its past values and can show if there is a momentum factor associated with investing in Gan.
Regressed Prices |
| Timeline |
When determining whether Gan offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gan's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gan Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gan Stock:
Check out Gan Correlation, Gan Volatility and Gan Alpha and Beta module to complement your research on Gan. To learn how to invest in Gan Stock, please use our How to Invest in Gan guide.You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Gan technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.