Galileo Resources (UK) Market Value
| GLR Stock | 0.95 0.01 1.04% |
| Symbol | Galileo |
Galileo Resources '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 Galileo Resources' 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 Galileo Resources.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in Galileo Resources on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Galileo Resources Plc or generate 0.0% return on investment in Galileo Resources over 90 days. Galileo Resources is related to or competes with Veolia Environnement, Cornish Metals, Power Metal, Foresight Environmental, GreenX Metals, Tata Steel, and Europa Metals. Galileo Resources is entity of United Kingdom More
Galileo Resources 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 Galileo Resources' 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 Galileo Resources Plc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.7 | |||
| Information Ratio | 0.0238 | |||
| Maximum Drawdown | 16.06 | |||
| Value At Risk | (4.35) | |||
| Potential Upside | 6.25 |
Galileo Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Galileo Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Galileo Resources' standard deviation. In reality, there are many statistical measures that can use Galileo Resources historical prices to predict the future Galileo Resources' volatility.| Risk Adjusted Performance | 0.0717 | |||
| Jensen Alpha | 0.1105 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | 0.0199 | |||
| Treynor Ratio | 0.2846 |
Galileo Resources Plc Backtested Returns
Galileo Resources appears to be extremely dangerous, given 3 months investment horizon. Galileo Resources Plc holds Efficiency (Sharpe) Ratio of 0.1, which attests that the entity had a 0.1 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Galileo Resources Plc, which you can use to evaluate the volatility of the firm. Please utilize Galileo Resources' Risk Adjusted Performance of 0.0717, downside deviation of 3.7, and Market Risk Adjusted Performance of 0.2946 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Galileo Resources holds a performance score of 8. The company retains a Market Volatility (i.e., Beta) of 0.72, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Galileo Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding Galileo Resources is expected to be smaller as well. Please check Galileo Resources' standard deviation, treynor ratio, downside variance, as well as the relationship between the total risk alpha and value at risk , to make a quick decision on whether Galileo Resources' current trending patterns will revert.
Auto-correlation | -0.05 |
Very weak reverse predictability
Galileo Resources Plc has very weak reverse predictability. Overlapping area represents the amount of predictability between Galileo Resources time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th 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 Galileo Resources Plc price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current Galileo Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Galileo Resources Plc lagged returns against current returns
Autocorrelation, which is Galileo Resources 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 Galileo Resources' stock expected returns. We can calculate the autocorrelation of Galileo Resources returns to help us make a trade decision. For example, suppose you find that Galileo Resources 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 |
Galileo Resources 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 Galileo Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Galileo Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Galileo Resources stock over time.
Current vs Lagged Prices |
| Timeline |
Galileo Resources Lagged Returns
When evaluating Galileo Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Galileo Resources stock have on its future price. Galileo Resources 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, Galileo Resources autocorrelation shows the relationship between Galileo Resources stock current value and its past values and can show if there is a momentum factor associated with investing in Galileo Resources Plc.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Galileo Stock
Galileo Resources financial ratios help investors to determine whether Galileo 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 Galileo with respect to the benefits of owning Galileo Resources security.