Geospace Technologies Stock Market Value
| GEOS Stock | USD 11.37 0.08 0.70% |
| Symbol | Geospace |
Geospace Technologies Price To Book Ratio
Is Oil & Gas Equipment & Services 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 Geospace Technologies. If investors know Geospace 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 Geospace Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.8 | Revenue Per Share 9.772 | Quarterly Revenue Growth (0.21) | Return On Assets 0.0421 | Return On Equity 0.0805 |
The market value of Geospace Technologies is measured differently than its book value, which is the value of Geospace that is recorded on the company's balance sheet. Investors also form their own opinion of Geospace Technologies' value that differs from its market value or its book value, called intrinsic value, which is Geospace Technologies' 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 Geospace Technologies' market value can be influenced by many factors that don't directly affect Geospace Technologies' 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 Geospace Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Geospace Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Geospace Technologies' 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.
Geospace Technologies '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 Geospace Technologies' 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 Geospace Technologies.
| 09/30/2024 |
| 10/30/2024 |
If you would invest 0.00 in Geospace Technologies on September 30, 2024 and sell it all today you would earn a total of 0.00 from holding Geospace Technologies or generate 0.0% return on investment in Geospace Technologies over 30 days. Geospace Technologies is related to or competes with Now, Enerflex, Bristow, RPC, and Ranger Energy. Geospace Technologies Corporation designs and manufactures instruments and equipment used in the oil and gas industry to... More
Geospace Technologies 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 Geospace Technologies' 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 Geospace Technologies upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.18 | |||
| Information Ratio | 0.1363 | |||
| Maximum Drawdown | 10.81 | |||
| Value At Risk | (2.68) | |||
| Potential Upside | 4.44 |
Geospace Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Geospace Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Geospace Technologies' standard deviation. In reality, there are many statistical measures that can use Geospace Technologies historical prices to predict the future Geospace Technologies' volatility.| Risk Adjusted Performance | 0.1312 | |||
| Jensen Alpha | 0.2982 | |||
| Total Risk Alpha | 0.2153 | |||
| Sortino Ratio | 0.1554 | |||
| Treynor Ratio | 0.2265 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Geospace Technologies' 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.
Geospace Technologies Backtested Returns
Geospace Technologies appears to be not too volatile, given 3 months investment horizon. Geospace Technologies holds Efficiency (Sharpe) Ratio of 0.16, which attests that the entity had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Geospace Technologies, which you can use to evaluate the volatility of the firm. Please utilize Geospace Technologies' Risk Adjusted Performance of 0.1312, downside deviation of 2.18, and Market Risk Adjusted Performance of 0.2365 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Geospace Technologies holds a performance score of 12. The company retains a Market Volatility (i.e., Beta) of 1.74, 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, Geospace Technologies will likely underperform. Please check Geospace Technologies' expected short fall, and the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether Geospace Technologies' current trending patterns will revert.
Auto-correlation | 0.25 |
Poor predictability
Geospace Technologies has poor predictability. Overlapping area represents the amount of predictability between Geospace Technologies time series from 30th of September 2024 to 15th of October 2024 and 15th of October 2024 to 30th of October 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 Geospace Technologies price movement. The serial correlation of 0.25 indicates that over 25.0% of current Geospace Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | 0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
Geospace Technologies lagged returns against current returns
Autocorrelation, which is Geospace Technologies 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 Geospace Technologies' stock expected returns. We can calculate the autocorrelation of Geospace Technologies returns to help us make a trade decision. For example, suppose you find that Geospace Technologies 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 |
Geospace Technologies 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 Geospace Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Geospace Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Geospace Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
Geospace Technologies Lagged Returns
When evaluating Geospace Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Geospace Technologies stock have on its future price. Geospace Technologies 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, Geospace Technologies autocorrelation shows the relationship between Geospace Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Geospace Technologies.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Geospace Stock Analysis
When running Geospace Technologies' price analysis, check to measure Geospace Technologies' 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 Geospace Technologies is operating at the current time. Most of Geospace Technologies' value examination focuses on studying past and present price action to predict the probability of Geospace Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Geospace Technologies' price. Additionally, you may evaluate how the addition of Geospace Technologies to your portfolios can decrease your overall portfolio volatility.