Global Gas Stock Market Value
| HGAS Stock | 0.05 0.01 37.95% |
| Symbol | Global |
Is Industrial Gases 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 Global Gas. If investors know Global 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 Global Gas 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 Global Gas is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global Gas' value that differs from its market value or its book value, called intrinsic value, which is Global Gas' 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 Global Gas' market value can be influenced by many factors that don't directly affect Global Gas' 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 Global Gas' value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Gas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Gas' 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.
Global Gas '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 Global Gas' 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 Global Gas.
| 10/17/2025 |
| 01/15/2026 |
If you would invest 0.00 in Global Gas on October 17, 2025 and sell it all today you would earn a total of 0.00 from holding Global Gas or generate 0.0% return on investment in Global Gas over 90 days. Global Gas is related to or competes with Nulegacy Gold. More
Global Gas 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 Global Gas' 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 Global Gas upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 76.81 | |||
| Value At Risk | (20.00) | |||
| Potential Upside | 2.46 |
Global Gas Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Global Gas' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Global Gas' standard deviation. In reality, there are many statistical measures that can use Global Gas historical prices to predict the future Global Gas' volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.94) | |||
| Total Risk Alpha | (2.63) | |||
| Treynor Ratio | (1.55) |
Global Gas Backtested Returns
Global Gas holds Efficiency (Sharpe) Ratio of -0.0781, which attests that the entity had a -0.0781 % return per unit of risk over the last 3 months. Global Gas exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Global Gas' Risk Adjusted Performance of (0.05), standard deviation of 11.22, and Market Risk Adjusted Performance of (1.54) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.57, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Global Gas' returns are expected to increase less than the market. However, during the bear market, the loss of holding Global Gas is expected to be smaller as well. At this point, Global Gas has a negative expected return of -0.88%. Please make sure to check out Global Gas' total risk alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if Global Gas performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.79 |
Good predictability
Global Gas has good predictability. Overlapping area represents the amount of predictability between Global Gas time series from 17th of October 2025 to 1st of December 2025 and 1st of December 2025 to 15th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Global Gas price movement. The serial correlation of 0.79 indicates that around 79.0% of current Global Gas price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.79 | |
| Spearman Rank Test | 0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Global Gas lagged returns against current returns
Autocorrelation, which is Global Gas 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 Global Gas' stock expected returns. We can calculate the autocorrelation of Global Gas returns to help us make a trade decision. For example, suppose you find that Global Gas 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 |
Global Gas 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 Global Gas stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Global Gas stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Global Gas stock over time.
Current vs Lagged Prices |
| Timeline |
Global Gas Lagged Returns
When evaluating Global Gas' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Global Gas stock have on its future price. Global Gas 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, Global Gas autocorrelation shows the relationship between Global Gas stock current value and its past values and can show if there is a momentum factor associated with investing in Global Gas.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Global Stock Analysis
When running Global Gas' price analysis, check to measure Global Gas' 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 Global Gas is operating at the current time. Most of Global Gas' value examination focuses on studying past and present price action to predict the probability of Global Gas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global Gas' price. Additionally, you may evaluate how the addition of Global Gas to your portfolios can decrease your overall portfolio volatility.