GB Group (UK) Market Value
| GBG Stock | 376.40 1.80 0.48% |
| Symbol | GBG |
GB Group '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 GB Group'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 GB Group.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in GB Group on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding GB Group plc or generate 0.0% return on investment in GB Group over 30 days. GB Group is related to or competes with Uniper SE, London Security, SURETRACK MON, Ikigai Ventures, and Heavitree Brewery. GB Group is entity of United Kingdom. It is traded as Stock on LSE exchange. More
GB Group 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 GB Group'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 GB Group plc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.84 | |||
| Information Ratio | 0.0262 | |||
| Maximum Drawdown | 16.49 | |||
| Value At Risk | (2.89) | |||
| Potential Upside | 5.75 |
GB Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GB Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GB Group's standard deviation. In reality, there are many statistical measures that can use GB Group historical prices to predict the future GB Group's volatility.| Risk Adjusted Performance | 0.0619 | |||
| Jensen Alpha | 0.1265 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | 0.0404 | |||
| Treynor Ratio | 0.3445 |
GB Group plc Backtested Returns
GB Group appears to be very steady, given 3 months investment horizon. GB Group plc retains Efficiency (Sharpe Ratio) of 0.0704, which attests that the company had a 0.0704% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for GB Group, which you can use to evaluate the volatility of the entity. Please utilize GB Group's Semi Deviation of 1.61, standard deviation of 2.84, and Market Risk Adjusted Performance of 0.3545 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, GB Group holds a performance score of 5. The firm owns a Beta (Systematic Risk) of 0.56, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, GB Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding GB Group is expected to be smaller as well. Please check GB Group's information ratio, treynor ratio, and the relationship between the downside deviation and total risk alpha , to make a quick decision on whether GB Group's current price history will revert.
Auto-correlation | 0.04 |
Virtually no predictability
GB Group plc has virtually no predictability. Overlapping area represents the amount of predictability between GB Group 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 GB Group plc price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current GB Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 196.68 |
GB Group plc lagged returns against current returns
Autocorrelation, which is GB Group 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 GB Group's stock expected returns. We can calculate the autocorrelation of GB Group returns to help us make a trade decision. For example, suppose you find that GB Group 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 |
GB Group 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 GB Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GB Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GB Group stock over time.
Current vs Lagged Prices |
| Timeline |
GB Group Lagged Returns
When evaluating GB Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GB Group stock have on its future price. GB Group 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, GB Group autocorrelation shows the relationship between GB Group stock current value and its past values and can show if there is a momentum factor associated with investing in GB Group plc.
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 GBG Stock
GB Group financial ratios help investors to determine whether GBG 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 GBG with respect to the benefits of owning GB Group security.