Gaxosai Stock Market Value
| GXAI Stock | 1.19 0.09 7.03% |
| Symbol | Gaxosai |
Gaxosai Price To Book Ratio
Is Interactive Home Entertainment 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 Gaxosai. If investors know Gaxosai 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 Gaxosai listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.75) | Return On Assets (0.43) | Return On Equity (0.69) |
The market value of Gaxosai is measured differently than its book value, which is the value of Gaxosai that is recorded on the company's balance sheet. Investors also form their own opinion of Gaxosai's value that differs from its market value or its book value, called intrinsic value, which is Gaxosai'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 Gaxosai's market value can be influenced by many factors that don't directly affect Gaxosai'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 Gaxosai's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gaxosai is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gaxosai'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.
Gaxosai '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 Gaxosai'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 Gaxosai.
| 09/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Gaxosai on September 23, 2024 and sell it all today you would earn a total of 0.00 from holding Gaxosai or generate 0.0% return on investment in Gaxosai over 60 days. Gaxosai is related to or competes with Artisan Partners, Hanover Insurance, Merit Medical, Pekin Life, Waste Management, and Alvotech. Gaxosai is entity of United States. It is traded as Stock on NASDAQ exchange. More
Gaxosai 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 Gaxosai'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 Gaxosai upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 41.27 | |||
| Value At Risk | (12.54) | |||
| Potential Upside | 7.86 |
Gaxosai Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gaxosai's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gaxosai's standard deviation. In reality, there are many statistical measures that can use Gaxosai historical prices to predict the future Gaxosai's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (1.30) | |||
| Total Risk Alpha | (2.00) | |||
| Treynor Ratio | (0.57) |
Gaxosai Backtested Returns
Gaxosai holds Efficiency (Sharpe) Ratio of -0.15, which attests that the entity had a -0.15% return per unit of risk over the last 3 months. Gaxosai exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gaxosai's Risk Adjusted Performance of (0.11), standard deviation of 6.86, and Market Risk Adjusted Performance of (0.56) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 1.95, 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, Gaxosai will likely underperform. At this point, Gaxosai has a negative expected return of -1.01%. Please make sure to check out Gaxosai's maximum drawdown, accumulation distribution, as well as the relationship between the Accumulation Distribution and day typical price , to decide if Gaxosai performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.08 |
Very weak reverse predictability
Gaxosai has very weak reverse predictability. Overlapping area represents the amount of predictability between Gaxosai time series from 23rd of September 2024 to 23rd of October 2024 and 23rd of October 2024 to 22nd 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 Gaxosai price movement. The serial correlation of -0.08 indicates that barely 8.0% of current Gaxosai price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | -0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Gaxosai lagged returns against current returns
Autocorrelation, which is Gaxosai 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 Gaxosai's stock expected returns. We can calculate the autocorrelation of Gaxosai returns to help us make a trade decision. For example, suppose you find that Gaxosai 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 |
Gaxosai 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 Gaxosai stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gaxosai stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gaxosai stock over time.
Current vs Lagged Prices |
| Timeline |
Gaxosai Lagged Returns
When evaluating Gaxosai's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gaxosai stock have on its future price. Gaxosai 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, Gaxosai autocorrelation shows the relationship between Gaxosai stock current value and its past values and can show if there is a momentum factor associated with investing in Gaxosai.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Gaxosai offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gaxosai'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 Gaxosai Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gaxosai Stock:Check out Gaxosai Correlation, Gaxosai Volatility and Gaxosai Alpha and Beta module to complement your research on Gaxosai. For more detail on how to invest in Gaxosai Stock please use our How to Invest in Gaxosai guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Gaxosai 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.