Geovax Labs Stock Market Value
| GOVX Stock | USD 1.56 0.03 1.89% |
| Symbol | GeoVax |
GeoVax Labs Price To Book Ratio
Is GeoVax Labs' industry 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 GeoVax Labs. If investors know GeoVax 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 GeoVax Labs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (14.29) | Quarterly Revenue Growth (1.00) | Return On Assets (0.82) | Return On Equity (1.60) |
The market value of GeoVax Labs is measured differently than its book value, which is the value of GeoVax that is recorded on the company's balance sheet. Investors also form their own opinion of GeoVax Labs' value that differs from its market value or its book value, called intrinsic value, which is GeoVax Labs' 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 GeoVax Labs' market value can be influenced by many factors that don't directly affect GeoVax Labs' 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 GeoVax Labs' value and its price as these two are different measures arrived at by different means. Investors typically determine if GeoVax Labs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GeoVax Labs' 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.
GeoVax Labs '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 GeoVax Labs' 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 GeoVax Labs.
| 02/11/2024 |
| 05/11/2024 |
If you would invest 0.00 in GeoVax Labs on February 11, 2024 and sell it all today you would earn a total of 0.00 from holding GeoVax Labs or generate 0.0% return on investment in GeoVax Labs over 90 days. GeoVax Labs is related to or competes with Effector Therapeutics, Virios Therapeutics, Zura Bio, ZyVersa Therapeutics, Phio Pharmaceuticals, Sonnet Biotherapeutics, and 180 Life. GeoVax Labs, Inc., a clinical-stage biotechnology company, develops human vaccines and immunotherapies against infectiou... More
GeoVax Labs 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 GeoVax Labs' 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 GeoVax Labs upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 23.76 | |||
| Value At Risk | (7.48) | |||
| Potential Upside | 8.11 |
GeoVax Labs Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GeoVax Labs' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GeoVax Labs' standard deviation. In reality, there are many statistical measures that can use GeoVax Labs historical prices to predict the future GeoVax Labs' volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.71) | |||
| Total Risk Alpha | (1.22) | |||
| Treynor Ratio | (2.01) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of GeoVax Labs' 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.
GeoVax Labs Backtested Returns
GeoVax Labs 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. GeoVax Labs exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GeoVax Labs' Market Risk Adjusted Performance of (2.00), standard deviation of 4.56, and Risk Adjusted Performance of (0.08) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.34, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, GeoVax Labs' returns are expected to increase less than the market. However, during the bear market, the loss of holding GeoVax Labs is expected to be smaller as well. GeoVax Labs has an expected return of -0.73%. Please make sure to check out GeoVax Labs jensen alpha, kurtosis, as well as the relationship between the Kurtosis and price action indicator , to decide if GeoVax Labs performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.58 |
Modest predictability
GeoVax Labs has modest predictability. Overlapping area represents the amount of predictability between GeoVax Labs time series from 11th of February 2024 to 27th of March 2024 and 27th of March 2024 to 11th of May 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 GeoVax Labs price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current GeoVax Labs price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.58 | |
| Spearman Rank Test | 0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
GeoVax Labs lagged returns against current returns
Autocorrelation, which is GeoVax Labs 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 GeoVax Labs' stock expected returns. We can calculate the autocorrelation of GeoVax Labs returns to help us make a trade decision. For example, suppose you find that GeoVax Labs 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 |
GeoVax Labs 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 GeoVax Labs stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GeoVax Labs stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GeoVax Labs stock over time.
Current vs Lagged Prices |
| Timeline |
GeoVax Labs Lagged Returns
When evaluating GeoVax Labs' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GeoVax Labs stock have on its future price. GeoVax Labs 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, GeoVax Labs autocorrelation shows the relationship between GeoVax Labs stock current value and its past values and can show if there is a momentum factor associated with investing in GeoVax Labs.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards GeoVax Labs in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, GeoVax Labs' short interest history, or implied volatility extrapolated from GeoVax Labs options trading.
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Try AI Portfolio ArchitectCheck out GeoVax Labs Correlation, GeoVax Labs Volatility and GeoVax Labs Alpha and Beta module to complement your research on GeoVax Labs. For more information on how to buy GeoVax Stock please use our How to Invest in GeoVax Labs guide.You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for GeoVax Stock analysis
When running GeoVax Labs' price analysis, check to measure GeoVax Labs' 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 GeoVax Labs is operating at the current time. Most of GeoVax Labs' value examination focuses on studying past and present price action to predict the probability of GeoVax Labs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GeoVax Labs' price. Additionally, you may evaluate how the addition of GeoVax Labs to your portfolios can decrease your overall portfolio volatility.
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GeoVax Labs 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.