GEAR4MUSIC (Germany) Market Value
| G4A Stock | EUR 2.50 0.02 0.79% |
| Symbol | GEAR4MUSIC |
GEAR4MUSIC '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 GEAR4MUSIC'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 GEAR4MUSIC.
| 04/23/2025 |
| 07/22/2025 |
If you would invest 0.00 in GEAR4MUSIC on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding GEAR4MUSIC LS 10 or generate 0.0% return on investment in GEAR4MUSIC over 90 days. GEAR4MUSIC is related to or competes with Amazon, Amazon, Alibaba Group, MEITUAN UNSPADR2B, Pinduoduo, Meituan, and JD. Gear4music plc engages in the retail of musical instruments and equipment in the United Kingdom, rest of Europe, and int... More
GEAR4MUSIC 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 GEAR4MUSIC'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 GEAR4MUSIC LS 10 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.14 | |||
| Information Ratio | 0.1748 | |||
| Maximum Drawdown | 36.27 | |||
| Value At Risk | (4.26) | |||
| Potential Upside | 10.98 |
GEAR4MUSIC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GEAR4MUSIC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GEAR4MUSIC's standard deviation. In reality, there are many statistical measures that can use GEAR4MUSIC historical prices to predict the future GEAR4MUSIC's volatility.| Risk Adjusted Performance | 0.1962 | |||
| Jensen Alpha | 1.09 | |||
| Total Risk Alpha | 0.2935 | |||
| Sortino Ratio | 0.23 | |||
| Treynor Ratio | 86.32 |
GEAR4MUSIC LS 10 Backtested Returns
GEAR4MUSIC appears to be very risky, given 3 months investment horizon. GEAR4MUSIC LS 10 retains Efficiency (Sharpe Ratio) of 0.2, which attests that the entity had a 0.2 % return per unit of risk over the last 3 months. By evaluating GEAR4MUSIC's technical indicators, you can evaluate if the expected return of 0.88% is justified by implied risk. Please utilize GEAR4MUSIC's Market Risk Adjusted Performance of 86.33, coefficient of variation of 495.98, and Semi Deviation of 2.68 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, GEAR4MUSIC holds a performance score of 15. The company owns a Beta (Systematic Risk) of 0.0126, which attests to not very significant fluctuations relative to the market. As returns on the market increase, GEAR4MUSIC's returns are expected to increase less than the market. However, during the bear market, the loss of holding GEAR4MUSIC is expected to be smaller as well. Please check GEAR4MUSIC's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to make a quick decision on whether GEAR4MUSIC's current price history will revert.
Auto-correlation | 0.71 |
Good predictability
GEAR4MUSIC LS 10 has good predictability. Overlapping area represents the amount of predictability between GEAR4MUSIC time series from 23rd of April 2025 to 7th of June 2025 and 7th of June 2025 to 22nd of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of GEAR4MUSIC LS 10 price movement. The serial correlation of 0.71 indicates that around 71.0% of current GEAR4MUSIC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | 0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
GEAR4MUSIC LS 10 lagged returns against current returns
Autocorrelation, which is GEAR4MUSIC 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 GEAR4MUSIC's stock expected returns. We can calculate the autocorrelation of GEAR4MUSIC returns to help us make a trade decision. For example, suppose you find that GEAR4MUSIC 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 |
GEAR4MUSIC 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 GEAR4MUSIC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GEAR4MUSIC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GEAR4MUSIC stock over time.
Current vs Lagged Prices |
| Timeline |
GEAR4MUSIC Lagged Returns
When evaluating GEAR4MUSIC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GEAR4MUSIC stock have on its future price. GEAR4MUSIC 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, GEAR4MUSIC autocorrelation shows the relationship between GEAR4MUSIC stock current value and its past values and can show if there is a momentum factor associated with investing in GEAR4MUSIC LS 10.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in GEAR4MUSIC Stock
GEAR4MUSIC financial ratios help investors to determine whether GEAR4MUSIC Stock 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 GEAR4MUSIC with respect to the benefits of owning GEAR4MUSIC security.