Gallery Resources Limited Stock Market Value
Gallery Resources' market value is the price at which a share of Gallery Resources trades on a public exchange. It measures the collective expectations of Gallery Resources Limited investors about its performance. With this module, you can estimate the performance of a buy and hold strategy of Gallery Resources Limited and determine expected loss or profit from investing in Gallery Resources over a given investment horizon. Check out Gallery Resources Correlation, Gallery Resources Volatility and Gallery Resources Alpha and Beta module to complement your research on Gallery Resources.
| Symbol | Gallery |
Is Other Industrial Metals & Mining 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 Gallery Resources. If investors know Gallery 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 Gallery Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Gallery Resources is measured differently than its book value, which is the value of Gallery that is recorded on the company's balance sheet. Investors also form their own opinion of Gallery Resources' value that differs from its market value or its book value, called intrinsic value, which is Gallery Resources' 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 Gallery Resources' market value can be influenced by many factors that don't directly affect Gallery Resources' 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 Gallery Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Gallery Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gallery Resources' 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.
Gallery Resources '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 Gallery Resources' 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 Gallery Resources.
| 06/09/2024 |
| 12/31/2025 |
If you would invest 0.00 in Gallery Resources on June 9, 2024 and sell it all today you would earn a total of 0.00 from holding Gallery Resources Limited or generate 0.0% return on investment in Gallery Resources over 570 days. Gallery Resources Limited engages in the acquisition, exploration, and development of mineral properties in British Colu... More
Gallery Resources 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 Gallery Resources' 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 Gallery Resources Limited upside and downside potential and time the market with a certain degree of confidence.
Gallery Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gallery Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gallery Resources' standard deviation. In reality, there are many statistical measures that can use Gallery Resources historical prices to predict the future Gallery Resources' volatility.Gallery Resources Backtested Returns
We have found zero technical indicators for Gallery Resources, which you can use to evaluate the volatility of the firm. The company retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and Gallery Resources are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Gallery Resources Limited has no correlation between past and present. Overlapping area represents the amount of predictability between Gallery Resources time series from 9th of June 2024 to 21st of March 2025 and 21st of March 2025 to 31st of December 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 Gallery Resources price movement. The serial correlation of 0.0 indicates that just 0.0% of current Gallery Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Gallery Resources lagged returns against current returns
Autocorrelation, which is Gallery Resources 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 Gallery Resources' stock expected returns. We can calculate the autocorrelation of Gallery Resources returns to help us make a trade decision. For example, suppose you find that Gallery Resources 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 |
Gallery Resources 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 Gallery Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gallery Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gallery Resources stock over time.
Current vs Lagged Prices |
| Timeline |
Gallery Resources Lagged Returns
When evaluating Gallery Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gallery Resources stock have on its future price. Gallery Resources 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, Gallery Resources autocorrelation shows the relationship between Gallery Resources stock current value and its past values and can show if there is a momentum factor associated with investing in Gallery Resources Limited.
Regressed Prices |
| Timeline |
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Check out Gallery Resources Correlation, Gallery Resources Volatility and Gallery Resources Alpha and Beta module to complement your research on Gallery Resources. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Gallery Resources 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.