Good Vibrations Shoes Stock Market Value
| GVSI Stock | USD 0 0.0001 4.55% |
| Symbol | Good |
Good Vibrations '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 Good Vibrations' 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 Good Vibrations.
| 02/04/2024 |
| 11/30/2024 |
If you would invest 0.00 in Good Vibrations on February 4, 2024 and sell it all today you would earn a total of 0.00 from holding Good Vibrations Shoes or generate 0.0% return on investment in Good Vibrations over 300 days. Good Vibrations is related to or competes with ASICS, Dr Martens, American Rebel, Forward Industries, Crocs, Deckers Outdoor, and On Holding. Good Vibrations Shoes Inc. does not have significant operations More
Good Vibrations 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 Good Vibrations' 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 Good Vibrations Shoes upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.77 | |||
| Information Ratio | 0.0143 | |||
| Maximum Drawdown | 34.1 | |||
| Value At Risk | (12.50) | |||
| Potential Upside | 15.0 |
Good Vibrations Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Good Vibrations' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Good Vibrations' standard deviation. In reality, there are many statistical measures that can use Good Vibrations historical prices to predict the future Good Vibrations' volatility.| Risk Adjusted Performance | 0.0329 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (1.11) | |||
| Sortino Ratio | 0.0132 | |||
| Treynor Ratio | 0.1138 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Good Vibrations' 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.
Good Vibrations Shoes Backtested Returns
Good Vibrations appears to be out of control, given 3 months investment horizon. Good Vibrations Shoes holds Efficiency (Sharpe) Ratio of 0.0481, which attests that the entity had a 0.0481% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Good Vibrations Shoes, which you can use to evaluate the volatility of the firm. Please utilize Good Vibrations' Market Risk Adjusted Performance of 0.1238, downside deviation of 8.77, and Risk Adjusted Performance of 0.0329 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Good Vibrations holds a performance score of 3. The company retains a Market Volatility (i.e., Beta) of 2.14, 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, Good Vibrations will likely underperform. Please check Good Vibrations' maximum drawdown and the relationship between the expected short fall and relative strength index , to make a quick decision on whether Good Vibrations' current trending patterns will revert.
Auto-correlation | 0.35 |
Below average predictability
Good Vibrations Shoes has below average predictability. Overlapping area represents the amount of predictability between Good Vibrations time series from 4th of February 2024 to 3rd of July 2024 and 3rd of July 2024 to 30th 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 Good Vibrations Shoes price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current Good Vibrations price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | 0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Good Vibrations Shoes lagged returns against current returns
Autocorrelation, which is Good Vibrations 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 Good Vibrations' pink sheet expected returns. We can calculate the autocorrelation of Good Vibrations returns to help us make a trade decision. For example, suppose you find that Good Vibrations 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 |
Good Vibrations 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 Good Vibrations pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Good Vibrations pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Good Vibrations pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Good Vibrations Lagged Returns
When evaluating Good Vibrations' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Good Vibrations pink sheet have on its future price. Good Vibrations 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, Good Vibrations autocorrelation shows the relationship between Good Vibrations pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Good Vibrations Shoes.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Good Pink Sheet
Good Vibrations financial ratios help investors to determine whether Good 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 Good with respect to the benefits of owning Good Vibrations security.