Graphjet Technology Stock Market Value
| GTI Stock | 2.72 0.24 8.11% |
| Symbol | Graphjet |
Graphjet Technology Price To Book Ratio
Is Electrical Components & Equipment 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 Graphjet Technology. If investors know Graphjet 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 Graphjet Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.01) | Return On Assets (1.38) |
The market value of Graphjet Technology is measured differently than its book value, which is the value of Graphjet that is recorded on the company's balance sheet. Investors also form their own opinion of Graphjet Technology's value that differs from its market value or its book value, called intrinsic value, which is Graphjet Technology'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 Graphjet Technology's market value can be influenced by many factors that don't directly affect Graphjet Technology'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 Graphjet Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Graphjet Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Graphjet Technology'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.
Graphjet Technology '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 Graphjet Technology'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 Graphjet Technology.
| 01/31/2024 |
| 11/26/2024 |
If you would invest 0.00 in Graphjet Technology on January 31, 2024 and sell it all today you would earn a total of 0.00 from holding Graphjet Technology or generate 0.0% return on investment in Graphjet Technology over 300 days. Graphjet Technology is related to or competes with MP Materials, NioCorp Developments, Vale SA, Vizsla Resources, Electra Battery, Foremost Lithium, and BHP Group. GrafTech International Ltd. manufactures and sells graphite and carbon material sciencebased solutions. More
Graphjet Technology 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 Graphjet Technology'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 Graphjet Technology upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.13 | |||
| Information Ratio | 2.0E-4 | |||
| Maximum Drawdown | 43.57 | |||
| Value At Risk | (11.97) | |||
| Potential Upside | 11.19 |
Graphjet Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Graphjet Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Graphjet Technology's standard deviation. In reality, there are many statistical measures that can use Graphjet Technology historical prices to predict the future Graphjet Technology's volatility.| Risk Adjusted Performance | 0.0226 | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (1.01) | |||
| Sortino Ratio | 2.0E-4 | |||
| Treynor Ratio | 0.0576 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Graphjet Technology'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.
Graphjet Technology Backtested Returns
Graphjet Technology appears to be dangerous, given 3 months investment horizon. Graphjet Technology holds Efficiency (Sharpe) Ratio of 0.0379, which attests that the entity had a 0.0379% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Graphjet Technology, which you can use to evaluate the volatility of the firm. Please utilize Graphjet Technology's market risk adjusted performance of 0.0676, and Risk Adjusted Performance of 0.0226 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Graphjet Technology holds a performance score of 2. The company retains a Market Volatility (i.e., Beta) of 2.09, 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, Graphjet Technology will likely underperform. Please check Graphjet Technology's coefficient of variation, semi variance, price action indicator, as well as the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether Graphjet Technology's current trending patterns will revert.
Auto-correlation | 0.44 |
Average predictability
Graphjet Technology has average predictability. Overlapping area represents the amount of predictability between Graphjet Technology time series from 31st of January 2024 to 29th of June 2024 and 29th of June 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 Graphjet Technology price movement. The serial correlation of 0.44 indicates that just about 44.0% of current Graphjet Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.56 |
Graphjet Technology lagged returns against current returns
Autocorrelation, which is Graphjet Technology 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 Graphjet Technology's stock expected returns. We can calculate the autocorrelation of Graphjet Technology returns to help us make a trade decision. For example, suppose you find that Graphjet Technology 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 |
Graphjet Technology 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 Graphjet Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Graphjet Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Graphjet Technology stock over time.
Current vs Lagged Prices |
| Timeline |
Graphjet Technology Lagged Returns
When evaluating Graphjet Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Graphjet Technology stock have on its future price. Graphjet Technology 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, Graphjet Technology autocorrelation shows the relationship between Graphjet Technology stock current value and its past values and can show if there is a momentum factor associated with investing in Graphjet Technology.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Graphjet Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Graphjet Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Graphjet Technology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Graphjet Technology Stock:Check out Graphjet Technology Correlation, Graphjet Technology Volatility and Graphjet Technology Alpha and Beta module to complement your research on Graphjet Technology. For more detail on how to invest in Graphjet Stock please use our How to Invest in Graphjet Technology guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Graphjet Technology technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.