GFL ENVIRONM(SUBVTSH (Germany) Market Value
| 36E Stock | EUR 42.20 0.20 0.48% |
| Symbol | GFL |
GFL ENVIRONM(SUBVTSH '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 GFL ENVIRONM(SUBVTSH'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 GFL ENVIRONM(SUBVTSH.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in GFL ENVIRONM(SUBVTSH on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding GFL ENVIRONM or generate 0.0% return on investment in GFL ENVIRONM(SUBVTSH over 90 days. GFL ENVIRONM(SUBVTSH is related to or competes with MAANSHAN IRON, Sabre Insurance, Direct Line, BLUESCOPE STEEL, and Zurich Insurance. GFL Environmental Inc. operates as a diversified environmental services company in Canada and the United States More
GFL ENVIRONM(SUBVTSH 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 GFL ENVIRONM(SUBVTSH'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 GFL ENVIRONM upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0369 | |||
| Maximum Drawdown | 9.18 | |||
| Value At Risk | (2.88) | |||
| Potential Upside | 2.5 |
GFL ENVIRONM(SUBVTSH Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GFL ENVIRONM(SUBVTSH's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GFL ENVIRONM(SUBVTSH's standard deviation. In reality, there are many statistical measures that can use GFL ENVIRONM(SUBVTSH historical prices to predict the future GFL ENVIRONM(SUBVTSH's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | 0.1783 | |||
| Treynor Ratio | 0.067 |
GFL ENVIRONM(SUBVTSH Backtested Returns
GFL ENVIRONM(SUBVTSH holds Efficiency (Sharpe) Ratio of -0.0124, which attests that the entity had a -0.0124 % return per unit of risk over the last 3 months. GFL ENVIRONM(SUBVTSH exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GFL ENVIRONM(SUBVTSH's Market Risk Adjusted Performance of 0.077, coefficient of variation of (5,268), and Risk Adjusted Performance of (0.01) to validate the risk estimate we provide.The company retains a Market Volatility (i.e., Beta) of -0.65, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning GFL ENVIRONM(SUBVTSH are expected to decrease at a much lower rate. During the bear market, GFL ENVIRONM(SUBVTSH is likely to outperform the market. At this point, GFL ENVIRONM(SUBVTSH has a negative expected return of -0.0225%. Please make sure to check out GFL ENVIRONM(SUBVTSH's coefficient of variation, information ratio, total risk alpha, as well as the relationship between the standard deviation and jensen alpha , to decide if GFL ENVIRONM(SUBVTSH performance from the past will be repeated in the future.
Auto-correlation | 0.17 |
Very weak predictability
GFL ENVIRONM has very weak predictability. Overlapping area represents the amount of predictability between GFL ENVIRONM(SUBVTSH 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 GFL ENVIRONM(SUBVTSH price movement. The serial correlation of 0.17 indicates that over 17.0% of current GFL ENVIRONM(SUBVTSH price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 1.02 |
GFL ENVIRONM(SUBVTSH lagged returns against current returns
Autocorrelation, which is GFL ENVIRONM(SUBVTSH 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 GFL ENVIRONM(SUBVTSH's stock expected returns. We can calculate the autocorrelation of GFL ENVIRONM(SUBVTSH returns to help us make a trade decision. For example, suppose you find that GFL ENVIRONM(SUBVTSH 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 |
GFL ENVIRONM(SUBVTSH 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 GFL ENVIRONM(SUBVTSH stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GFL ENVIRONM(SUBVTSH stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GFL ENVIRONM(SUBVTSH stock over time.
Current vs Lagged Prices |
| Timeline |
GFL ENVIRONM(SUBVTSH Lagged Returns
When evaluating GFL ENVIRONM(SUBVTSH's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GFL ENVIRONM(SUBVTSH stock have on its future price. GFL ENVIRONM(SUBVTSH 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, GFL ENVIRONM(SUBVTSH autocorrelation shows the relationship between GFL ENVIRONM(SUBVTSH stock current value and its past values and can show if there is a momentum factor associated with investing in GFL ENVIRONM.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in GFL Stock
GFL ENVIRONM(SUBVTSH financial ratios help investors to determine whether GFL Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in GFL with respect to the benefits of owning GFL ENVIRONM(SUBVTSH security.