Gogoro Equity Warrant Stock Market Value
| GGROW Stock | USD 0.03 0 12.79% |
| Symbol | Gogoro |
Gogoro Equity Warrant Price To Book Ratio
Is Automotive Parts & Equipment 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 Gogoro Equity. If investors know Gogoro 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 Gogoro Equity listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share 1.396 | Quarterly Revenue Growth (0.07) | Return On Assets (0.07) | Return On Equity (0.24) |
The market value of Gogoro Equity Warrant is measured differently than its book value, which is the value of Gogoro that is recorded on the company's balance sheet. Investors also form their own opinion of Gogoro Equity's value that differs from its market value or its book value, called intrinsic value, which is Gogoro Equity'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 Gogoro Equity's market value can be influenced by many factors that don't directly affect Gogoro Equity'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 Gogoro Equity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gogoro Equity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gogoro Equity'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.
Gogoro Equity '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 Gogoro Equity'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 Gogoro Equity.
| 09/16/2024 |
| 10/16/2024 |
If you would invest 0.00 in Gogoro Equity on September 16, 2024 and sell it all today you would earn a total of 0.00 from holding Gogoro Equity Warrant or generate 0.0% return on investment in Gogoro Equity over 30 days. Gogoro Equity is related to or competes with Commercial Vehicle, American Axle, Dorman Products, and LKQ. Gogoro Inc. engages in the research, development, manufacture, sale, and distribution of electric scooters and electric ... More
Gogoro Equity 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 Gogoro Equity'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 Gogoro Equity Warrant upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 77.99 | |||
| Value At Risk | (22.35) | |||
| Potential Upside | 22.0 |
Gogoro Equity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gogoro Equity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gogoro Equity's standard deviation. In reality, there are many statistical measures that can use Gogoro Equity historical prices to predict the future Gogoro Equity's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.33) | |||
| Total Risk Alpha | (1.90) | |||
| Treynor Ratio | 0.2796 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Gogoro Equity'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.
Gogoro Equity Warrant Backtested Returns
Gogoro Equity is out of control given 3 months investment horizon. Gogoro Equity Warrant holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of risk over the last 3 months. We were able to break down and interpolate data for twenty-three different technical indicators, which can help you to evaluate if expected returns of 13.56% are justified by taking the suggested risk. Use Gogoro Equity Warrant Risk Adjusted Performance of (0.02), standard deviation of 13.72, and Market Risk Adjusted Performance of 0.2896 to evaluate company specific risk that cannot be diversified away. Gogoro Equity holds a performance score of 8 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -1.73, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Gogoro Equity are expected to decrease by larger amounts. On the other hand, during market turmoil, Gogoro Equity is expected to outperform it. Use Gogoro Equity Warrant coefficient of variation, value at risk, as well as the relationship between the Value At Risk and rate of daily change , to analyze future returns on Gogoro Equity Warrant.
Auto-correlation | -0.03 |
Very weak reverse predictability
Gogoro Equity Warrant has very weak reverse predictability. Overlapping area represents the amount of predictability between Gogoro Equity time series from 16th of September 2024 to 1st of October 2024 and 1st of October 2024 to 16th 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 Gogoro Equity Warrant price movement. The serial correlation of -0.03 indicates that only 3.0% of current Gogoro Equity price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.03 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Gogoro Equity Warrant lagged returns against current returns
Autocorrelation, which is Gogoro Equity 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 Gogoro Equity's stock expected returns. We can calculate the autocorrelation of Gogoro Equity returns to help us make a trade decision. For example, suppose you find that Gogoro Equity 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 |
Gogoro Equity 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 Gogoro Equity stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gogoro Equity stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gogoro Equity stock over time.
Current vs Lagged Prices |
| Timeline |
Gogoro Equity Lagged Returns
When evaluating Gogoro Equity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gogoro Equity stock have on its future price. Gogoro Equity 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, Gogoro Equity autocorrelation shows the relationship between Gogoro Equity stock current value and its past values and can show if there is a momentum factor associated with investing in Gogoro Equity Warrant.
Regressed Prices |
| Timeline |
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Additional Tools for Gogoro Stock Analysis
When running Gogoro Equity's price analysis, check to measure Gogoro Equity'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 Gogoro Equity is operating at the current time. Most of Gogoro Equity's value examination focuses on studying past and present price action to predict the probability of Gogoro Equity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gogoro Equity's price. Additionally, you may evaluate how the addition of Gogoro Equity to your portfolios can decrease your overall portfolio volatility.