Gee Group Stock Market Value
| JOB Stock | USD 0.32 0.01 3.03% |
| Symbol | GEE |
GEE Group Price To Book Ratio
Is GEE's industry 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 GEE. If investors know GEE 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 GEE listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.447 | Earnings Share 0.06 | Revenue Per Share 1.257 | Quarterly Revenue Growth (0.26) | Return On Assets 0.0066 |
The market value of GEE Group is measured differently than its book value, which is the value of GEE that is recorded on the company's balance sheet. Investors also form their own opinion of GEE's value that differs from its market value or its book value, called intrinsic value, which is GEE'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 GEE's market value can be influenced by many factors that don't directly affect GEE'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 GEE's value and its price as these two are different measures arrived at by different means. Investors typically determine if GEE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GEE'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.
GEE '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 GEE'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 GEE.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in GEE on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding GEE Group or generate 0.0% return on investment in GEE over 30 days. GEE is related to or competes with Kforce, TrueBlue, Ziprecruiter, and Kanzhun. GEE Group, Inc. provides permanent and temporary professional and industrial staffing and placement services in the Unit... More
GEE 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 GEE'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 GEE Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 13.45 | |||
| Value At Risk | (6.67) | |||
| Potential Upside | 2.86 |
GEE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GEE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GEE's standard deviation. In reality, there are many statistical measures that can use GEE historical prices to predict the future GEE's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.60) | |||
| Total Risk Alpha | (0.97) | |||
| Treynor Ratio | (4.16) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of GEE'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.
GEE Group Backtested Returns
GEE Group holds Efficiency (Sharpe) Ratio of -0.21, which attests that the entity had a -0.21% return per unit of return volatility over the last 3 months. GEE Group exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GEE's Coefficient Of Variation of (486.90), risk adjusted performance of (0.12), and Market Risk Adjusted Performance of (4.15) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.14, which attests to not very significant fluctuations relative to the market. As returns on the market increase, GEE's returns are expected to increase less than the market. However, during the bear market, the loss of holding GEE is expected to be smaller as well. GEE Group has an expected return of -0.6%. Please make sure to check out GEE variance, skewness, price action indicator, as well as the relationship between the total risk alpha and rate of daily change , to decide if GEE Group performance from the past will be repeated in the future.
Auto-correlation | 0.72 |
Good predictability
GEE Group has good predictability. Overlapping area represents the amount of predictability between GEE time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th of April 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 GEE Group price movement. The serial correlation of 0.72 indicates that around 72.0% of current GEE price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.72 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
GEE Group lagged returns against current returns
Autocorrelation, which is GEE 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 GEE's stock expected returns. We can calculate the autocorrelation of GEE returns to help us make a trade decision. For example, suppose you find that GEE 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 |
GEE 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 GEE stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GEE stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GEE stock over time.
Current vs Lagged Prices |
| Timeline |
GEE Lagged Returns
When evaluating GEE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GEE stock have on its future price. GEE 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, GEE autocorrelation shows the relationship between GEE stock current value and its past values and can show if there is a momentum factor associated with investing in GEE Group.
Regressed Prices |
| Timeline |
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Complementary Tools for GEE Stock analysis
When running GEE's price analysis, check to measure GEE'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 GEE is operating at the current time. Most of GEE's value examination focuses on studying past and present price action to predict the probability of GEE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GEE's price. Additionally, you may evaluate how the addition of GEE to your portfolios can decrease your overall portfolio volatility.
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GEE 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.