Gores Holdings Ix Stock Market Value
| GHIXU Stock | USD 10.31 0.27 2.55% |
| Symbol | Gores |
Gores Holdings IX 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 Gores Holdings. If investors know Gores 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 Gores Holdings 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 (0.71) | Return On Assets (0) |
The market value of Gores Holdings IX is measured differently than its book value, which is the value of Gores that is recorded on the company's balance sheet. Investors also form their own opinion of Gores Holdings' value that differs from its market value or its book value, called intrinsic value, which is Gores Holdings' 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 Gores Holdings' market value can be influenced by many factors that don't directly affect Gores Holdings' 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 Gores Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Gores Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gores Holdings' 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.
Gores Holdings '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 Gores Holdings' 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 Gores Holdings.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Gores Holdings on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Gores Holdings IX or generate 0.0% return on investment in Gores Holdings over 30 days. Gores Holdings is related to or competes with Patria Latin, ABIVAX Société, Pinnacle Sherman, Morningstar Unconstrained, SPACE, Knife River, and Capital Income. Gores Holdings IX, Inc. focuses on a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, ... More
Gores Holdings 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 Gores Holdings' 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 Gores Holdings IX upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.39) | |||
| Maximum Drawdown | 7.21 | |||
| Value At Risk | (1.36) | |||
| Potential Upside | 0.0945 |
Gores Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gores Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gores Holdings' standard deviation. In reality, there are many statistical measures that can use Gores Holdings historical prices to predict the future Gores Holdings' volatility.| Risk Adjusted Performance | (0.19) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.38) | |||
| Treynor Ratio | (0.92) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Gores Holdings' 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.
Gores Holdings IX Backtested Returns
Gores Holdings IX holds Efficiency (Sharpe) Ratio of -0.21, which attests that the entity had a -0.21% return per unit of risk over the last 3 months. Gores Holdings IX exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gores Holdings' Standard Deviation of 0.9043, market risk adjusted performance of (0.91), and Risk Adjusted Performance of (0.19) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.25, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Gores Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Gores Holdings is expected to be smaller as well. At this point, Gores Holdings IX has a negative expected return of -0.19%. Please make sure to check out Gores Holdings' treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and price action indicator , to decide if Gores Holdings IX performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.4 |
Poor reverse predictability
Gores Holdings IX has poor reverse predictability. Overlapping area represents the amount of predictability between Gores Holdings 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 Gores Holdings IX price movement. The serial correlation of -0.4 indicates that just about 40.0% of current Gores Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.4 | |
| Spearman Rank Test | -0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Gores Holdings IX lagged returns against current returns
Autocorrelation, which is Gores Holdings 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 Gores Holdings' stock expected returns. We can calculate the autocorrelation of Gores Holdings returns to help us make a trade decision. For example, suppose you find that Gores Holdings 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 |
Gores Holdings 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 Gores Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gores Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gores Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Gores Holdings Lagged Returns
When evaluating Gores Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gores Holdings stock have on its future price. Gores Holdings 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, Gores Holdings autocorrelation shows the relationship between Gores Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Gores Holdings IX.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Gores Stock Analysis
When running Gores Holdings' price analysis, check to measure Gores Holdings' 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 Gores Holdings is operating at the current time. Most of Gores Holdings' value examination focuses on studying past and present price action to predict the probability of Gores Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gores Holdings' price. Additionally, you may evaluate how the addition of Gores Holdings to your portfolios can decrease your overall portfolio volatility.