Genomma Lab Internacional Stock Market Value
| GNMLF Stock | USD 1.27 0.00 0.00% |
| Symbol | Genomma |
Genomma Lab '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 Genomma Lab's pink sheet 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 Genomma Lab.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Genomma Lab on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Genomma Lab Internacional or generate 0.0% return on investment in Genomma Lab over 510 days. Genomma Lab is related to or competes with Hypera SA, Cumberland Pharmaceuticals, Orexo AB, C21 Investments, Alpha Teknova, Lifecore Biomedical, and Organogenesis Holdings. Genomma Lab Internacional, S.A.B. de C.V., together with its subsidiaries, engages in the development, marketing, and sa... More
Genomma Lab 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 Genomma Lab's pink sheet 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 Genomma Lab Internacional upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0717 | |||
| Maximum Drawdown | 41.89 | |||
| Potential Upside | 10.31 |
Genomma Lab Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Genomma Lab's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Genomma Lab's standard deviation. In reality, there are many statistical measures that can use Genomma Lab historical prices to predict the future Genomma Lab's volatility.| Risk Adjusted Performance | 0.081 | |||
| Jensen Alpha | 0.3367 | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | 0.3366 |
Genomma Lab Internacional Backtested Returns
Genomma Lab appears to be dangerous, given 3 months investment horizon. Genomma Lab Internacional holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of risk over the last 3 months. By evaluating Genomma Lab's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please utilize Genomma Lab's Market Risk Adjusted Performance of 0.3466, standard deviation of 5.59, and Risk Adjusted Performance of 0.081 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Genomma Lab holds a performance score of 9. The company retains a Market Volatility (i.e., Beta) of 1.54, 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, Genomma Lab will likely underperform. Please check Genomma Lab's variance, potential upside, as well as the relationship between the Potential Upside and day median price , to make a quick decision on whether Genomma Lab's current trending patterns will revert.
Auto-correlation | -0.67 |
Very good reverse predictability
Genomma Lab Internacional has very good reverse predictability. Overlapping area represents the amount of predictability between Genomma Lab time series from 5th of July 2023 to 16th of March 2024 and 16th of March 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 Genomma Lab Internacional price movement. The serial correlation of -0.67 indicates that around 67.0% of current Genomma Lab price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.67 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Genomma Lab Internacional lagged returns against current returns
Autocorrelation, which is Genomma Lab pink sheet'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 Genomma Lab's pink sheet expected returns. We can calculate the autocorrelation of Genomma Lab returns to help us make a trade decision. For example, suppose you find that Genomma Lab has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Genomma Lab 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 Genomma Lab pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Genomma Lab pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Genomma Lab pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Genomma Lab Lagged Returns
When evaluating Genomma Lab's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Genomma Lab pink sheet have on its future price. Genomma Lab 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, Genomma Lab autocorrelation shows the relationship between Genomma Lab pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Genomma Lab Internacional.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Genomma Pink Sheet
Genomma Lab financial ratios help investors to determine whether Genomma Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Genomma with respect to the benefits of owning Genomma Lab security.