Galecto Stock Market Value
| GLTO Stock | USD 3.64 0.04 1.11% |
| Symbol | Galecto |
Galecto Price To Book Ratio
Is Biotechnology 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 Galecto. If investors know Galecto 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 Galecto listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Galecto is measured differently than its book value, which is the value of Galecto that is recorded on the company's balance sheet. Investors also form their own opinion of Galecto's value that differs from its market value or its book value, called intrinsic value, which is Galecto'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 Galecto's market value can be influenced by many factors that don't directly affect Galecto'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 Galecto's value and its price as these two are different measures arrived at by different means. Investors typically determine if Galecto is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Galecto'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.
Galecto '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 Galecto'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 Galecto.
| 04/24/2025 |
| 07/23/2025 |
If you would invest 0.00 in Galecto on April 24, 2025 and sell it all today you would earn a total of 0.00 from holding Galecto or generate 0.0% return on investment in Galecto over 90 days. Galecto is related to or competes with Structure Therapeutics, IO Biotech, Erasca, Lyra Therapeutics, Aligos Therapeutics, and Inhibikase Therapeutics. Galecto, Inc., a clinical-stage biotechnology company, develops molecules for the treatment of fibrosis, cancer, inflamm... More
Galecto 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 Galecto'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 Galecto upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.19 | |||
| Information Ratio | 0.1419 | |||
| Maximum Drawdown | 20.14 | |||
| Value At Risk | (7.59) | |||
| Potential Upside | 7.14 |
Galecto Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Galecto's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Galecto's standard deviation. In reality, there are many statistical measures that can use Galecto historical prices to predict the future Galecto's volatility.| Risk Adjusted Performance | 0.1781 | |||
| Jensen Alpha | 0.5017 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.1284 | |||
| Treynor Ratio | 0.5805 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Galecto'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.
Galecto Backtested Returns
Galecto appears to be moderately volatile, given 3 months investment horizon. Galecto holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Galecto, which you can use to evaluate the volatility of the firm. Please utilize Galecto's Market Risk Adjusted Performance of 0.5905, risk adjusted performance of 0.1781, and Downside Deviation of 4.19 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Galecto holds a performance score of 10. The company retains a Market Volatility (i.e., Beta) of 1.22, 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, Galecto will likely underperform. Please check Galecto's downside variance, and the relationship between the sortino ratio and accumulation distribution , to make a quick decision on whether Galecto's current trending patterns will revert.
Auto-correlation | 0.45 |
Average predictability
Galecto has average predictability. Overlapping area represents the amount of predictability between Galecto time series from 24th of April 2025 to 8th of June 2025 and 8th of June 2025 to 23rd 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 Galecto price movement. The serial correlation of 0.45 indicates that just about 45.0% of current Galecto price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.45 | |
| Spearman Rank Test | 0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Galecto lagged returns against current returns
Autocorrelation, which is Galecto 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 Galecto's stock expected returns. We can calculate the autocorrelation of Galecto returns to help us make a trade decision. For example, suppose you find that Galecto 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 |
Galecto 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 Galecto stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Galecto stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Galecto stock over time.
Current vs Lagged Prices |
| Timeline |
Galecto Lagged Returns
When evaluating Galecto's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Galecto stock have on its future price. Galecto 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, Galecto autocorrelation shows the relationship between Galecto stock current value and its past values and can show if there is a momentum factor associated with investing in Galecto.
Regressed Prices |
| Timeline |
Pair Trading with Galecto
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Galecto position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Galecto will appreciate offsetting losses from the drop in the long position's value.Moving together with Galecto Stock
The ability to find closely correlated positions to Galecto could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Galecto when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Galecto - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Galecto to buy it.
The correlation of Galecto is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Galecto moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Galecto moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Galecto can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Galecto Correlation, Galecto Volatility and Galecto Alpha and Beta module to complement your research on Galecto. To learn how to invest in Galecto Stock, please use our How to Invest in Galecto guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Galecto 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.