Gossamer Bio Stock Market Value
| GOSS Stock | USD 1.31 0.04 3.15% |
| Symbol | Gossamer |
Gossamer Bio 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 Gossamer Bio. If investors know Gossamer 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 Gossamer Bio 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 Gossamer Bio is measured differently than its book value, which is the value of Gossamer that is recorded on the company's balance sheet. Investors also form their own opinion of Gossamer Bio's value that differs from its market value or its book value, called intrinsic value, which is Gossamer Bio'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 Gossamer Bio's market value can be influenced by many factors that don't directly affect Gossamer Bio'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 Gossamer Bio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gossamer Bio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gossamer Bio'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.
Gossamer Bio '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 Gossamer Bio'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 Gossamer Bio.
| 01/17/2025 |
| 02/16/2025 |
If you would invest 0.00 in Gossamer Bio on January 17, 2025 and sell it all today you would earn a total of 0.00 from holding Gossamer Bio or generate 0.0% return on investment in Gossamer Bio over 30 days. Gossamer Bio is related to or competes with Biomea Fusion, Stoke Therapeutics, Akero Therapeutics, Replimune, Nuvectis Pharma, Lyra Therapeutics, and Kronos Bio. Gossamer Bio, Inc., a clinical-stage biopharmaceutical company, focuses on discovering, acquiring, developing, and comme... More
Gossamer Bio 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 Gossamer Bio'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 Gossamer Bio upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.56 | |||
| Information Ratio | 0.1306 | |||
| Maximum Drawdown | 36.21 | |||
| Value At Risk | (7.53) | |||
| Potential Upside | 8.7 |
Gossamer Bio Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gossamer Bio's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gossamer Bio's standard deviation. In reality, there are many statistical measures that can use Gossamer Bio historical prices to predict the future Gossamer Bio's volatility.| Risk Adjusted Performance | 0.1026 | |||
| Jensen Alpha | 0.7438 | |||
| Total Risk Alpha | 0.7358 | |||
| Sortino Ratio | 0.1632 | |||
| Treynor Ratio | 1.01 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Gossamer Bio'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.
Gossamer Bio Backtested Returns
Gossamer Bio is very risky given 3 months investment horizon. Gossamer Bio holds Efficiency (Sharpe) Ratio of 0.2, which attests that the entity had a 0.2 % return per unit of risk over the last 3 months. We are able to interpolate and collect thirty different technical indicators, which can help you to evaluate if expected returns of 1.14% are justified by taking the suggested risk. Use Gossamer Bio Downside Deviation of 4.56, market risk adjusted performance of 1.02, and Risk Adjusted Performance of 0.1026 to evaluate company specific risk that cannot be diversified away. Gossamer Bio holds a performance score of 15 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 0.74, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Gossamer Bio's returns are expected to increase less than the market. However, during the bear market, the loss of holding Gossamer Bio is expected to be smaller as well. Use Gossamer Bio potential upside, as well as the relationship between the accumulation distribution and price action indicator , to analyze future returns on Gossamer Bio.
Auto-correlation | 0.50 |
Modest predictability
Gossamer Bio has modest predictability. Overlapping area represents the amount of predictability between Gossamer Bio time series from 17th of January 2025 to 1st of February 2025 and 1st of February 2025 to 16th of February 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 Gossamer Bio price movement. The serial correlation of 0.5 indicates that about 50.0% of current Gossamer Bio price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.5 | |
| Spearman Rank Test | 0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Gossamer Bio lagged returns against current returns
Autocorrelation, which is Gossamer Bio 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 Gossamer Bio's stock expected returns. We can calculate the autocorrelation of Gossamer Bio returns to help us make a trade decision. For example, suppose you find that Gossamer Bio 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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Gossamer Bio 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 Gossamer Bio stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gossamer Bio stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gossamer Bio stock over time.
Current vs Lagged Prices |
| Timeline |
Gossamer Bio Lagged Returns
When evaluating Gossamer Bio's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gossamer Bio stock have on its future price. Gossamer Bio 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, Gossamer Bio autocorrelation shows the relationship between Gossamer Bio stock current value and its past values and can show if there is a momentum factor associated with investing in Gossamer Bio.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Gossamer Stock Analysis
When running Gossamer Bio's price analysis, check to measure Gossamer Bio'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 Gossamer Bio is operating at the current time. Most of Gossamer Bio's value examination focuses on studying past and present price action to predict the probability of Gossamer Bio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gossamer Bio's price. Additionally, you may evaluate how the addition of Gossamer Bio to your portfolios can decrease your overall portfolio volatility.