GACM Technologies (India) Market Value
| GATECHDVR | 0.88 0.02 2.33% |
| Symbol | GACM |
GACM Technologies '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 GACM Technologies' 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 GACM Technologies.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in GACM Technologies on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding GACM Technologies Limited or generate 0.0% return on investment in GACM Technologies over 30 days. GACM Technologies is related to or competes with Salzer Electronics, Tamilnadu Telecommunicatio, Elin Electronics, Tata Communications, Aban Offshore, Reliance Communications, and Avonmore Capital. GACM Technologies is entity of India. It is traded as Stock on NSE exchange. More
GACM Technologies 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 GACM Technologies' 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 GACM Technologies Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.37) | |||
| Maximum Drawdown | 12.29 | |||
| Value At Risk | (5.56) | |||
| Potential Upside | 4.08 |
GACM Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GACM Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GACM Technologies' standard deviation. In reality, there are many statistical measures that can use GACM Technologies historical prices to predict the future GACM Technologies' volatility.| Risk Adjusted Performance | (0.25) | |||
| Jensen Alpha | (1.18) | |||
| Total Risk Alpha | (1.78) | |||
| Treynor Ratio | 4.54 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of GACM Technologies' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
GACM Technologies Backtested Returns
GACM Technologies retains Efficiency (Sharpe Ratio) of -0.41, which attests that the company had a -0.41% return per unit of return volatility over the last 3 months. GACM Technologies exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GACM Technologies' Market Risk Adjusted Performance of 4.55, standard deviation of 3.57, and Coefficient Of Variation of (295.75) to validate the risk estimate we provide. The firm owns a Beta (Systematic Risk) of -0.27, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning GACM Technologies are expected to decrease at a much lower rate. During the bear market, GACM Technologies is likely to outperform the market. At this point, GACM Technologies has a negative expected return of -1.44%. Please make sure to check out GACM Technologies' potential upside, day median price, and the relationship between the treynor ratio and accumulation distribution , to decide if GACM Technologies performance from the past will be repeated at some future date.
Auto-correlation | 0.45 |
Average predictability
GACM Technologies Limited has average predictability. Overlapping area represents the amount of predictability between GACM Technologies time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 GACM Technologies price movement. The serial correlation of 0.45 indicates that just about 45.0% of current GACM Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.45 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
GACM Technologies lagged returns against current returns
Autocorrelation, which is GACM Technologies 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 GACM Technologies' stock expected returns. We can calculate the autocorrelation of GACM Technologies returns to help us make a trade decision. For example, suppose you find that GACM Technologies 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 |
GACM Technologies 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 GACM Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GACM Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GACM Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
GACM Technologies Lagged Returns
When evaluating GACM Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GACM Technologies stock have on its future price. GACM Technologies 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, GACM Technologies autocorrelation shows the relationship between GACM Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in GACM Technologies Limited.
Regressed Prices |
| Timeline |
Also Currently Popular
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 GACM Stock
GACM Technologies financial ratios help investors to determine whether GACM 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 GACM with respect to the benefits of owning GACM Technologies security.