GVS SPA (Germany) Market Value
| 4YQ Stock | EUR 4.71 0.03 0.64% |
| Symbol | GVS |
GVS SPA '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 GVS SPA'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 GVS SPA.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in GVS SPA on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding GVS SPA or generate 0.0% return on investment in GVS SPA over 90 days. GVS SPA is related to or competes with Kurita Water, KURITA WTR, Federal Signal, Munters Group, Hitachi Zosen, and Select Energy. GVS S.p.A., together with its subsidiaries, produces and sells plastic filter solutions and components for applications ... More
GVS SPA 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 GVS SPA'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 GVS SPA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 10.52 | |||
| Value At Risk | (3.05) | |||
| Potential Upside | 3.77 |
GVS SPA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GVS SPA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GVS SPA's standard deviation. In reality, there are many statistical measures that can use GVS SPA historical prices to predict the future GVS SPA's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | 0.0144 | |||
| Treynor Ratio | (0.58) |
GVS SPA Backtested Returns
GVS SPA holds Efficiency (Sharpe) Ratio of -0.0677, which attests that the entity had a -0.0677 % return per unit of volatility over the last 3 months. GVS SPA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GVS SPA's risk adjusted performance of (0.09), and Market Risk Adjusted Performance of (0.57) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.38, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, GVS SPA's returns are expected to increase less than the market. However, during the bear market, the loss of holding GVS SPA is expected to be smaller as well. At this point, GVS SPA has a negative expected return of -0.13%. Please make sure to check out GVS SPA's treynor ratio, skewness, rate of daily change, as well as the relationship between the value at risk and accumulation distribution , to decide if GVS SPA performance from the past will be repeated at some future point.
Auto-correlation | -0.23 |
Weak reverse predictability
GVS SPA has weak reverse predictability. Overlapping area represents the amount of predictability between GVS SPA time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 GVS SPA price movement. The serial correlation of -0.23 indicates that over 23.0% of current GVS SPA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.23 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
GVS SPA lagged returns against current returns
Autocorrelation, which is GVS SPA 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 GVS SPA's stock expected returns. We can calculate the autocorrelation of GVS SPA returns to help us make a trade decision. For example, suppose you find that GVS SPA 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 |
GVS SPA 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 GVS SPA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GVS SPA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GVS SPA stock over time.
Current vs Lagged Prices |
| Timeline |
GVS SPA Lagged Returns
When evaluating GVS SPA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GVS SPA stock have on its future price. GVS SPA 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, GVS SPA autocorrelation shows the relationship between GVS SPA stock current value and its past values and can show if there is a momentum factor associated with investing in GVS SPA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in GVS Stock
GVS SPA financial ratios help investors to determine whether GVS 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 GVS with respect to the benefits of owning GVS SPA security.