Gores Stock Market Value

GIIXU -  USA Stock  

USD 10.00  0.03  0.30%

Gores Holdings' market value is the price at which a share of Gores Holdings stock trades on a public exchange. It measures the collective expectations of Gores Holdings ViII investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Gores Holdings ViII and determine expected loss or profit from investing in Gores Holdings over a given investment horizon. Please check Gores Holdings Hype Analysis, Gores Holdings Correlation, Gores Holdings Valuation, Gores Holdings Volatility, as well as analyze Gores Holdings Alpha and Beta and Gores Holdings Performance.
Symbol
Backtest


The market value of Gores Holdings ViII is measured differently than its book value, which is the value of Gores that is recorded on the company's balance sheet. Investors also form their own opinion of Gores Holdings' value that differs from its market value or its book value, called intrinsic value, which is Gores Holdings' 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 Gores Holdings' market value can be influenced by many factors that don't directly affect Gores Holdings ViII underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gores Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine Gores Holdings value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gores Holdings' 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.

Gores Holdings '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 Gores Holdings' 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 Gores Holdings.
0.00
08/24/2021
No Change 0.00  0.0 
In 31 days
09/23/2021
0.00
If you would invest  0.00  in Gores Holdings on August 24, 2021 and sell it all today you would earn a total of 0.00 from holding Gores Holdings ViII or generate 0.0% return on investment in Gores Holdings over 30 days. Gores Holdings is related to or competes with Luckwel Pharmaceuticals. Gores Holdings VIII, Inc. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reor...

Gores Holdings 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 Gores Holdings' 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 Gores Holdings ViII upside and downside potential and time the market with a certain degree of confidence.

Gores Holdings Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Gores Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gores Holdings' standard deviation. In reality, there are many statistical measures that can use Gores Holdings historical prices to predict the future Gores Holdings' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Gores Holdings' 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. Please use the tools below to analyze the current value of Gores Holdings in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
9.6310.0010.37
Details
Intrinsic
Valuation
LowReal ValueHigh
9.629.9910.36
Details
Naive
Forecast
LowNext ValueHigh
9.629.9910.36
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
9.859.9410.03
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Gores Holdings. Your research has to be compared to or analyzed against Gores Holdings' peers to derive any actionable benefits. When done correctly, Gores Holdings' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Gores Holdings ViII.

Gores Holdings ViII Backtested Returns

We consider Gores Holdings very steady. Gores Holdings ViII holds Efficiency (Sharpe) Ratio of 0.0018, which attests that the entity had 0.0018% of return per unit of risk over the last 3 months. Our standpoint towards determining the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Gores Holdings ViII, which you can use to evaluate the future volatility of the firm. Please check out Gores Holdings risk adjusted performance of (0.036405), and Market Risk Adjusted Performance of (0.42) to validate if the risk estimate we provide is consistent with the expected return of 7.0E-4%.
The company retains a Market Volatility (i.e., Beta) of 0.0629, which attests to not very significant fluctuations relative to the market. Let's try to break down what Gores's beta means in this case. As returns on the market increase, Gores Holdings returns are expected to increase less than the market. However, during the bear market, the loss on holding Gores Holdings will be expected to be smaller as well. Although it is extremely important to respect Gores Holdings ViII current price history, it is better to be realistic regarding the information on equity current price movements. The philosophy towards determining future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By evaluating Gores Holdings ViII technical indicators, you can presently evaluate if the expected return of 7.0E-4% will be sustainable into the future. Gores Holdings ViII right now retains a risk of 0.37%. Please check out Gores Holdings potential upside, as well as the relationship between the accumulation distribution and price action indicator to decide if Gores Holdings will be following its current trending patterns.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
  (0.09)   

Very weak reverse predictability

Gores Holdings ViII has very weak reverse predictability. Overlapping area represents the amount of predictability between Gores Holdings time series from 24th of August 2021 to 8th of September 2021 and 8th of September 2021 to 23rd of September 2021. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Gores Holdings ViII price movement. The serial correlation of -0.09 indicates that less than 9.0% of current Gores Holdings price fluctuation can be explain by its past prices. Given that Gores Holdings ViII has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Gores Holdings for similar time interval.
Correlation Coefficient-0.09
Spearman Rank Test0.36
Residual Average0.0
Price Variance0.0

Gores Holdings ViII lagged returns against current returns

Autocorrelation, which is Gores Holdings 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 Gores Holdings' stock expected returns. We can calculate the autocorrelation of Gores Holdings returns to help us make a trade decision. For example, suppose you find that Gores Holdings stock 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 stock movement to match the lagging time series.
 Current and Lagged Values 
Share
      Timeline 

Gores Holdings 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 Gores Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gores Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gores Holdings stock over time.
 Current vs Lagged Prices 
Share
      Timeline 

Gores Holdings Lagged Returns

When evaluating Gores Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gores Holdings stock have on its future price. Gores Holdings 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, Gores Holdings autocorrelation shows the relationship between Gores Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Gores Holdings ViII.
 Regressed Prices 
Share
      Timeline 

Gores Holdings Investors Sentiment

The influence of Gores Holdings' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Gores. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Current Sentiment - GIIXU

Gores Holdings ViII Investor Sentiment

Macroaxis portfolio users are indifferent in their judgment towards investing in Gores Holdings ViII. What is your judgment towards investing in Gores Holdings ViII? Are you bullish or bearish?
Bullish
Bearish
50% Bullish
50% Bearish
Skip

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Gores Holdings ViII using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please check Gores Holdings Hype Analysis, Gores Holdings Correlation, Gores Holdings Valuation, Gores Holdings Volatility, as well as analyze Gores Holdings Alpha and Beta and Gores Holdings Performance. Note that the Gores Holdings ViII information on this page should be used as a complementary analysis to other Gores Holdings' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Commodity Channel Index module to use Commodity Channel Index to analyze current equity momentum.

Complementary Tools for Gores Stock analysis

When running Gores Holdings ViII price analysis, check to measure Gores Holdings' 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 Gores Holdings is operating at the current time. Most of Gores Holdings' value examination focuses on studying past and present price action to predict the probability of Gores Holdings' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Gores Holdings' price. Additionally, you may evaluate how the addition of Gores Holdings to your portfolios can decrease your overall portfolio volatility.
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Go
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Go
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Go
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Go
Focused Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Go
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Go
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Go
ETF Directory
Find actively traded Exchange Traded Funds (ETF) from around the world
Go
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Go
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Go
Global Correlations
Find global opportunities by holding instruments from different markets
Go
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Go
Gores Holdings 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.
A focus of Gores Holdings technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Gores Holdings trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...