Goldenstone Acquisition Ltd Stock Market Value
| GDSTU Stock | USD 11.41 0.00 0.00% |
| Symbol | Goldenstone |
Goldenstone Acquisition Price To Book Ratio
Is Asset Management & Custody Banks 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 Goldenstone Acquisition. If investors know Goldenstone 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 Goldenstone Acquisition 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 (0.91) | Earnings Share (0.01) | Return On Assets (0.02) | Return On Equity 0.4755 |
The market value of Goldenstone Acquisition is measured differently than its book value, which is the value of Goldenstone that is recorded on the company's balance sheet. Investors also form their own opinion of Goldenstone Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Goldenstone Acquisition'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 Goldenstone Acquisition's market value can be influenced by many factors that don't directly affect Goldenstone Acquisition'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 Goldenstone Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Goldenstone Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Goldenstone Acquisition'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.
Goldenstone Acquisition '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 Goldenstone Acquisition'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 Goldenstone Acquisition.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Goldenstone Acquisition on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Goldenstone Acquisition Ltd or generate 0.0% return on investment in Goldenstone Acquisition over 180 days. Goldenstone Acquisition is related to or competes with Arrow Electronics, Alvotech, Joint Corp, Sable Offshore, LENSAR, and Solstad Offshore. Goldenstone Acquisition Limited does not have significant operations More
Goldenstone Acquisition 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 Goldenstone Acquisition'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 Goldenstone Acquisition Ltd upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (1.03) | |||
| Maximum Drawdown | 0.9735 |
Goldenstone Acquisition Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Goldenstone Acquisition's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Goldenstone Acquisition's standard deviation. In reality, there are many statistical measures that can use Goldenstone Acquisition historical prices to predict the future Goldenstone Acquisition's volatility.| Risk Adjusted Performance | 0.0403 | |||
| Jensen Alpha | 0.0033 | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | 0.424 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Goldenstone Acquisition'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.
Goldenstone Acquisition Backtested Returns
Currently, Goldenstone Acquisition Ltd is very steady. Goldenstone Acquisition holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of risk over the last 3 months. We have found seventeen technical indicators for Goldenstone Acquisition, which you can use to evaluate the volatility of the firm. Please check out Goldenstone Acquisition's Standard Deviation of 0.1198, risk adjusted performance of 0.0403, and Market Risk Adjusted Performance of 0.434 to validate if the risk estimate we provide is consistent with the expected return of 0.0155%. Goldenstone Acquisition has a performance score of 9 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.0112, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Goldenstone Acquisition's returns are expected to increase less than the market. However, during the bear market, the loss of holding Goldenstone Acquisition is expected to be smaller as well. Goldenstone Acquisition right now retains a risk of 0.12%. Please check out Goldenstone Acquisition standard deviation and kurtosis , to decide if Goldenstone Acquisition will be following its current trending patterns.
Auto-correlation | 0.22 |
Weak predictability
Goldenstone Acquisition Ltd has weak predictability. Overlapping area represents the amount of predictability between Goldenstone Acquisition time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th 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 Goldenstone Acquisition price movement. The serial correlation of 0.22 indicates that over 22.0% of current Goldenstone Acquisition price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | 0.95 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Goldenstone Acquisition lagged returns against current returns
Autocorrelation, which is Goldenstone Acquisition 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 Goldenstone Acquisition's stock expected returns. We can calculate the autocorrelation of Goldenstone Acquisition returns to help us make a trade decision. For example, suppose you find that Goldenstone Acquisition 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 |
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Goldenstone Acquisition 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 Goldenstone Acquisition stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Goldenstone Acquisition stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Goldenstone Acquisition stock over time.
Current vs Lagged Prices |
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Goldenstone Acquisition Lagged Returns
When evaluating Goldenstone Acquisition's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Goldenstone Acquisition stock have on its future price. Goldenstone Acquisition 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, Goldenstone Acquisition autocorrelation shows the relationship between Goldenstone Acquisition stock current value and its past values and can show if there is a momentum factor associated with investing in Goldenstone Acquisition Ltd.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Goldenstone Stock Analysis
When running Goldenstone Acquisition's price analysis, check to measure Goldenstone Acquisition'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 Goldenstone Acquisition is operating at the current time. Most of Goldenstone Acquisition's value examination focuses on studying past and present price action to predict the probability of Goldenstone Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goldenstone Acquisition's price. Additionally, you may evaluate how the addition of Goldenstone Acquisition to your portfolios can decrease your overall portfolio volatility.