Global Business Travel Stock Market Value
| GBTG Stock | USD 9.50 0.04 0.42% |
| Symbol | Global |
Global Business Travel Price To Book Ratio
Is Application Software 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 Global Business. If investors know Global 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 Global Business listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.42) | Revenue Per Share 5.149 | Quarterly Revenue Growth 0.046 | Return On Assets 0.0265 | Return On Equity (0.14) |
The market value of Global Business Travel is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global Business' value that differs from its market value or its book value, called intrinsic value, which is Global Business' 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 Global Business' market value can be influenced by many factors that don't directly affect Global Business' 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 Global Business' value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Business is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Business' 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.
Global Business '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 Global Business' 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 Global Business.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Global Business on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Global Business Travel or generate 0.0% return on investment in Global Business over 30 days. Global Business is related to or competes with OLB. Global Business Travel Group, Inc. provides business-to-business travel platform More
Global Business 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 Global Business' 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 Global Business Travel upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.77 | |||
| Information Ratio | 0.1431 | |||
| Maximum Drawdown | 13.29 | |||
| Value At Risk | (2.48) | |||
| Potential Upside | 4.01 |
Global Business Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Global Business' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Global Business' standard deviation. In reality, there are many statistical measures that can use Global Business historical prices to predict the future Global Business' volatility.| Risk Adjusted Performance | 0.1607 | |||
| Jensen Alpha | 0.2315 | |||
| Total Risk Alpha | 0.092 | |||
| Sortino Ratio | 0.1772 | |||
| Treynor Ratio | 0.2556 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Global Business' 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.
Global Business Travel Backtested Returns
Global Business appears to be not too volatile, given 3 months investment horizon. Global Business Travel holds Efficiency (Sharpe) Ratio of 0.22, which attests that the entity had a 0.22% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Global Business Travel, which you can use to evaluate the volatility of the firm. Please utilize Global Business' Downside Deviation of 1.77, market risk adjusted performance of 0.2656, and Risk Adjusted Performance of 0.1607 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Global Business holds a performance score of 17. The company retains a Market Volatility (i.e., Beta) of 1.69, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Global Business will likely underperform. Please check Global Business' downside variance, and the relationship between the treynor ratio and kurtosis , to make a quick decision on whether Global Business' current trending patterns will revert.
Auto-correlation | 0.73 |
Good predictability
Global Business Travel has good predictability. Overlapping area represents the amount of predictability between Global Business 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 Global Business Travel price movement. The serial correlation of 0.73 indicates that around 73.0% of current Global Business price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Global Business Travel lagged returns against current returns
Autocorrelation, which is Global Business 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 Global Business' stock expected returns. We can calculate the autocorrelation of Global Business returns to help us make a trade decision. For example, suppose you find that Global Business 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 |
Global Business 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 Global Business stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Global Business stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Global Business stock over time.
Current vs Lagged Prices |
| Timeline |
Global Business Lagged Returns
When evaluating Global Business' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Global Business stock have on its future price. Global Business 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, Global Business autocorrelation shows the relationship between Global Business stock current value and its past values and can show if there is a momentum factor associated with investing in Global Business Travel.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Global Business Travel is a strong investment it is important to analyze Global Business' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Global Business' future performance. For an informed investment choice regarding Global Stock, refer to the following important reports:Check out Global Business Correlation, Global Business Volatility and Global Business Alpha and Beta module to complement your research on Global Business. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Global Business 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.