Gores Stock Performance

GIIXU -  USA Stock  

USD 10.15  0.05  0.49%

Gores Holdings has performance score of 3 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.0471, 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, returns on owning Gores Holdings are expected to decrease at a much lower rate. During the bear market, Gores Holdings is likely to outperform the market. 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 0.0304% will be sustainable into the future. Gores Holdings ViII right now retains a risk of 0.57%. Please check out Gores Holdings jensen alpha, potential upside, as well as the relationship between the Potential Upside and daily balance of power to decide if Gores Holdings will be following its current trending patterns.

Gores Stock Performance 

 
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Gores Performance
3 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Gores Holdings ViII are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively stable basic indicators, Gores Holdings is not utilizing all of its potentials. The latest stock price uproar, may contribute to short-horizon losses for the private investors. ...more

Gores Price Channel

Fifty Two Week Low8.98
Fifty Two Week High10.86

Gores Holdings Relative Risk vs. Return Landscape

If you would invest  997.00  in Gores Holdings ViII on October 28, 2021 and sell it today you would earn a total of  18.00  from holding Gores Holdings ViII or generate 1.81% return on investment over 90 days. Gores Holdings ViII is currently producing 0.0304% returns and takes up 0.5673% volatility of returns over 90 trading days. Put another way, 4% of traded stocks are less volatile than Gores, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming the 90 days horizon Gores Holdings is expected to generate 0.67 times more return on investment than the market. However, the company is 1.49 times less risky than the market. It trades about 0.05 of its potential returns per unit of risk. The DOW is currently generating roughly -0.08 per unit of risk.

Gores Holdings Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Gores Holdings' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Gores Holdings ViII, and traders can use it to determine the average amount a Gores Holdings' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0537

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Estimated Market Risk
 0.57
  actual daily
 
 4 %
of total potential
 
44
Expected Return
 0.03
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 0 %
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00
Risk-Adjusted Return
 0.05
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 3 %
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33
Based on monthly moving average Gores Holdings is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Gores Holdings by adding it to a well-diversified portfolio.

About Gores Holdings Performance

To evaluate Gores Holdings ViII Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Gores Holdings generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Gores Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Gores Holdings ViII stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Gores's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Gores Holdings VIII, Inc. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on businesses in the industrials, technology, telecommunications, media and entertainment, business services, healthcare, and consumer products. The company was founded in 2020 and is based in Boulder, Colorado.

Things to note about Gores Holdings ViII

Checking the ongoing alerts about Gores Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Gores Holdings ViII help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Gores Holdings Alerts

Equity Alerts and Improvement Suggestions

Gores Holdings ViII has high likelihood to experience some financial distress in the next 2 years
Net Loss for the year was (3.6 K).
Please check Risk vs Return Analysis. 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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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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.
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Is Gores Holdings' 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 Gores Holdings. If investors know Gores 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 Gores Holdings 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 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' 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 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.