Gemfields Group (Germany) Market Value
| 5PH Stock | EUR 0.08 0.00 0.00% |
| Symbol | Gemfields |
Gemfields Group '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 Gemfields Group'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 Gemfields Group.
| 11/29/2024 |
| 12/29/2024 |
If you would invest 0.00 in Gemfields Group on November 29, 2024 and sell it all today you would earn a total of 0.00 from holding Gemfields Group Limited or generate 0.0% return on investment in Gemfields Group over 30 days. Gemfields Group is related to or competes with Fresnillo Plc, NEW PACIFIC, THARISA NON, Metalla Royalty, and ALLIANZ TECHNOTRLS. Gemfields Group Limited, together with its subsidiaries, operates as a mining company More
Gemfields Group 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 Gemfields Group'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 Gemfields Group Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 25.89 | |||
| Value At Risk | (9.93) | |||
| Potential Upside | 8.33 |
Gemfields Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gemfields Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gemfields Group's standard deviation. In reality, there are many statistical measures that can use Gemfields Group historical prices to predict the future Gemfields Group's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.49) | |||
| Total Risk Alpha | (0.66) | |||
| Treynor Ratio | 0.8433 |
Gemfields Group Backtested Returns
Gemfields Group holds Efficiency (Sharpe) Ratio of -0.11, which attests that the entity had a -0.11% return per unit of risk over the last 3 months. Gemfields Group exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gemfields Group's Standard Deviation of 5.66, market risk adjusted performance of 0.8533, and Risk Adjusted Performance of (0.06) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.6, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Gemfields Group are expected to decrease at a much lower rate. During the bear market, Gemfields Group is likely to outperform the market. At this point, Gemfields Group has a negative expected return of -0.65%. Please make sure to check out Gemfields Group's information ratio, maximum drawdown, and the relationship between the variance and jensen alpha , to decide if Gemfields Group performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.57 |
Modest predictability
Gemfields Group Limited has modest predictability. Overlapping area represents the amount of predictability between Gemfields Group time series from 29th of November 2024 to 14th of December 2024 and 14th of December 2024 to 29th of December 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 Gemfields Group price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current Gemfields Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | 0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Gemfields Group lagged returns against current returns
Autocorrelation, which is Gemfields Group 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 Gemfields Group's stock expected returns. We can calculate the autocorrelation of Gemfields Group returns to help us make a trade decision. For example, suppose you find that Gemfields Group 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 |
Gemfields Group 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 Gemfields Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gemfields Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gemfields Group stock over time.
Current vs Lagged Prices |
| Timeline |
Gemfields Group Lagged Returns
When evaluating Gemfields Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gemfields Group stock have on its future price. Gemfields Group 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, Gemfields Group autocorrelation shows the relationship between Gemfields Group stock current value and its past values and can show if there is a momentum factor associated with investing in Gemfields Group Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Gemfields Stock
Gemfields Group financial ratios help investors to determine whether Gemfields 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 Gemfields with respect to the benefits of owning Gemfields Group security.