Gigacloud Technology Class Stock Market Value
| GCT Stock | USD 25.50 1.38 5.72% |
| Symbol | GigaCloud |
GigaCloud Technology Price To Book Ratio
Is Distributors 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 GigaCloud Technology. If investors know GigaCloud 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 GigaCloud Technology 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 0.661 | Earnings Share 3.17 | Revenue Per Share 27.036 | Quarterly Revenue Growth 0.702 | Return On Assets 0.1119 |
The market value of GigaCloud Technology is measured differently than its book value, which is the value of GigaCloud that is recorded on the company's balance sheet. Investors also form their own opinion of GigaCloud Technology's value that differs from its market value or its book value, called intrinsic value, which is GigaCloud Technology'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 GigaCloud Technology's market value can be influenced by many factors that don't directly affect GigaCloud Technology'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 GigaCloud Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if GigaCloud Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GigaCloud Technology'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.
GigaCloud Technology '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 GigaCloud Technology'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 GigaCloud Technology.
| 06/04/2023 |
| 11/25/2024 |
If you would invest 0.00 in GigaCloud Technology on June 4, 2023 and sell it all today you would earn a total of 0.00 from holding GigaCloud Technology Class or generate 0.0% return on investment in GigaCloud Technology over 540 days. GigaCloud Technology is related to or competes with Steven Madden, Vera Bradley, Continental, Rocky Brands, and Designer Brands. GigaCloud Technology Inc. provides end-to-end B2B ecommerce solutions for large parcel merchandise More
GigaCloud Technology 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 GigaCloud Technology'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 GigaCloud Technology Class upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.25 | |||
| Information Ratio | 0.0532 | |||
| Maximum Drawdown | 30.15 | |||
| Value At Risk | (7.70) | |||
| Potential Upside | 9.7 |
GigaCloud Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GigaCloud Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GigaCloud Technology's standard deviation. In reality, there are many statistical measures that can use GigaCloud Technology historical prices to predict the future GigaCloud Technology's volatility.| Risk Adjusted Performance | 0.0661 | |||
| Jensen Alpha | 0.2444 | |||
| Total Risk Alpha | (0.51) | |||
| Sortino Ratio | 0.0614 | |||
| Treynor Ratio | 0.2696 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of GigaCloud Technology's 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.
GigaCloud Technology Backtested Returns
GigaCloud Technology appears to be slightly risky, given 3 months investment horizon. GigaCloud Technology holds Efficiency (Sharpe) Ratio of 0.0819, which attests that the entity had a 0.0819% return per unit of risk over the last 3 months. By evaluating GigaCloud Technology's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please utilize GigaCloud Technology's Risk Adjusted Performance of 0.0661, downside deviation of 5.25, and Market Risk Adjusted Performance of 0.2796 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, GigaCloud Technology holds a performance score of 6. The company retains a Market Volatility (i.e., Beta) of 1.64, 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, GigaCloud Technology will likely underperform. Please check GigaCloud Technology's potential upside, and the relationship between the total risk alpha and kurtosis , to make a quick decision on whether GigaCloud Technology's current trending patterns will revert.
Auto-correlation | -0.48 |
Modest reverse predictability
GigaCloud Technology Class has modest reverse predictability. Overlapping area represents the amount of predictability between GigaCloud Technology time series from 4th of June 2023 to 29th of February 2024 and 29th of February 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 GigaCloud Technology price movement. The serial correlation of -0.48 indicates that about 48.0% of current GigaCloud Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.48 | |
| Spearman Rank Test | -0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 35.6 |
GigaCloud Technology lagged returns against current returns
Autocorrelation, which is GigaCloud Technology 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 GigaCloud Technology's stock expected returns. We can calculate the autocorrelation of GigaCloud Technology returns to help us make a trade decision. For example, suppose you find that GigaCloud Technology 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 |
GigaCloud Technology 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 GigaCloud Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GigaCloud Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GigaCloud Technology stock over time.
Current vs Lagged Prices |
| Timeline |
GigaCloud Technology Lagged Returns
When evaluating GigaCloud Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GigaCloud Technology stock have on its future price. GigaCloud Technology 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, GigaCloud Technology autocorrelation shows the relationship between GigaCloud Technology stock current value and its past values and can show if there is a momentum factor associated with investing in GigaCloud Technology Class.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for GigaCloud Stock Analysis
When running GigaCloud Technology's price analysis, check to measure GigaCloud Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy GigaCloud Technology is operating at the current time. Most of GigaCloud Technology's value examination focuses on studying past and present price action to predict the probability of GigaCloud Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GigaCloud Technology's price. Additionally, you may evaluate how the addition of GigaCloud Technology to your portfolios can decrease your overall portfolio volatility.