Gh Research Plc Stock Market Value
| GHRS Stock | USD 9.69 0.26 2.76% |
| Symbol | GHRS |
GH Research PLC Price To Book Ratio
Is Biotechnology 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 GH Research. If investors know GHRS 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 GH Research listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of GH Research PLC is measured differently than its book value, which is the value of GHRS that is recorded on the company's balance sheet. Investors also form their own opinion of GH Research's value that differs from its market value or its book value, called intrinsic value, which is GH Research'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 GH Research's market value can be influenced by many factors that don't directly affect GH Research'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 GH Research's value and its price as these two are different measures arrived at by different means. Investors typically determine if GH Research is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GH Research'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.
GH Research '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 GH Research'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 GH Research.
| 09/03/2024 |
| 01/31/2025 |
If you would invest 0.00 in GH Research on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding GH Research PLC or generate 0.0% return on investment in GH Research over 150 days. GH Research is related to or competes with Molecular Partners, MediciNova, Anebulo Pharmaceuticals, Champions Oncology, Mineralys Therapeutics,, Janux Therapeutics, and Rezolute. GH Research PLC, a clinical-stage biopharmaceutical company, engages in developing various therapies for the treatment o... More
GH Research 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 GH Research'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 GH Research PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.85 | |||
| Information Ratio | 0.0804 | |||
| Maximum Drawdown | 26.47 | |||
| Value At Risk | (7.31) | |||
| Potential Upside | 8.59 |
GH Research Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GH Research's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GH Research's standard deviation. In reality, there are many statistical measures that can use GH Research historical prices to predict the future GH Research's volatility.| Risk Adjusted Performance | 0.0922 | |||
| Jensen Alpha | 0.4984 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0825 | |||
| Treynor Ratio | (5.37) |
GH Research PLC Backtested Returns
GH Research appears to be somewhat reliable, given 3 months investment horizon. GH Research PLC retains Efficiency (Sharpe Ratio) of 0.088, which attests that the entity had a 0.088 % return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for GH Research, which you can use to evaluate the volatility of the firm. Please utilize GH Research's Semi Deviation of 4.41, market risk adjusted performance of (5.36), and Standard Deviation of 4.98 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, GH Research holds a performance score of 6. The company owns a Beta (Systematic Risk) of -0.0913, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning GH Research are expected to decrease at a much lower rate. During the bear market, GH Research is likely to outperform the market. Please check GH Research's coefficient of variation, semi variance, period momentum indicator, as well as the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether GH Research's current price history will revert.
Auto-correlation | 0.80 |
Very good predictability
GH Research PLC has very good predictability. Overlapping area represents the amount of predictability between GH Research time series from 3rd of September 2024 to 17th of November 2024 and 17th of November 2024 to 31st of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of GH Research PLC price movement. The serial correlation of 0.8 indicates that around 80.0% of current GH Research price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.8 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.72 |
GH Research PLC lagged returns against current returns
Autocorrelation, which is GH Research 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 GH Research's stock expected returns. We can calculate the autocorrelation of GH Research returns to help us make a trade decision. For example, suppose you find that GH Research 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 |
GH Research 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 GH Research stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GH Research stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GH Research stock over time.
Current vs Lagged Prices |
| Timeline |
GH Research Lagged Returns
When evaluating GH Research's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GH Research stock have on its future price. GH Research 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, GH Research autocorrelation shows the relationship between GH Research stock current value and its past values and can show if there is a momentum factor associated with investing in GH Research PLC.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for GHRS Stock Analysis
When running GH Research's price analysis, check to measure GH Research'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 GH Research is operating at the current time. Most of GH Research's value examination focuses on studying past and present price action to predict the probability of GH Research's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GH Research's price. Additionally, you may evaluate how the addition of GH Research to your portfolios can decrease your overall portfolio volatility.