Grieg Seafood (UK) Market Value
| 0GW8 Stock | 50.60 0.50 1.00% |
| Symbol | Grieg |
Grieg Seafood '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 Grieg Seafood'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 Grieg Seafood.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Grieg Seafood on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Grieg Seafood or generate 0.0% return on investment in Grieg Seafood over 90 days. Grieg Seafood is related to or competes with Molson Coors, Waste Management, Spirent Communications, Charter Communications, Cairo Communication, MTI Wireless, and Pan American. Grieg Seafood is entity of United Kingdom More
Grieg Seafood 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 Grieg Seafood'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 Grieg Seafood upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 34.45 | |||
| Value At Risk | (4.05) | |||
| Potential Upside | 5.59 |
Grieg Seafood Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grieg Seafood's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Grieg Seafood's standard deviation. In reality, there are many statistical measures that can use Grieg Seafood historical prices to predict the future Grieg Seafood's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | 0.2894 | |||
| Treynor Ratio | (0.23) |
Grieg Seafood Backtested Returns
Grieg Seafood holds Efficiency (Sharpe) Ratio of -0.0422, which attests that the entity had a -0.0422 % return per unit of risk over the last 3 months. Grieg Seafood exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Grieg Seafood's Standard Deviation of 4.36, market risk adjusted performance of (0.22), and Risk Adjusted Performance of (0.04) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 1.13, which attests to a somewhat significant risk relative to the market. Grieg Seafood returns are very sensitive to returns on the market. As the market goes up or down, Grieg Seafood is expected to follow. At this point, Grieg Seafood has a negative expected return of -0.19%. Please make sure to check out Grieg Seafood's market risk adjusted performance, coefficient of variation, jensen alpha, as well as the relationship between the mean deviation and standard deviation , to decide if Grieg Seafood performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.47 |
Modest reverse predictability
Grieg Seafood has modest reverse predictability. Overlapping area represents the amount of predictability between Grieg Seafood time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 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 Grieg Seafood price movement. The serial correlation of -0.47 indicates that about 47.0% of current Grieg Seafood price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.47 | |
| Spearman Rank Test | -0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 87.6 |
Grieg Seafood lagged returns against current returns
Autocorrelation, which is Grieg Seafood 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 Grieg Seafood's stock expected returns. We can calculate the autocorrelation of Grieg Seafood returns to help us make a trade decision. For example, suppose you find that Grieg Seafood 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 |
Grieg Seafood 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 Grieg Seafood stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Grieg Seafood stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Grieg Seafood stock over time.
Current vs Lagged Prices |
| Timeline |
Grieg Seafood Lagged Returns
When evaluating Grieg Seafood's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Grieg Seafood stock have on its future price. Grieg Seafood 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, Grieg Seafood autocorrelation shows the relationship between Grieg Seafood stock current value and its past values and can show if there is a momentum factor associated with investing in Grieg Seafood.
Regressed Prices |
| Timeline |
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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.Additional Tools for Grieg Stock Analysis
When running Grieg Seafood's price analysis, check to measure Grieg Seafood's 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 Grieg Seafood is operating at the current time. Most of Grieg Seafood's value examination focuses on studying past and present price action to predict the probability of Grieg Seafood's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grieg Seafood's price. Additionally, you may evaluate how the addition of Grieg Seafood to your portfolios can decrease your overall portfolio volatility.