GREENX METALS (Germany) Market Value
| 5PMA Stock | 0.50 0.02 4.17% |
| Symbol | GREENX |
GREENX METALS '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 GREENX METALS'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 GREENX METALS.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in GREENX METALS on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding GREENX METALS LTD or generate 0.0% return on investment in GREENX METALS over 90 days. GREENX METALS is related to or competes with Fevertree Drinks, Monster Beverage, United Breweries, Luckin Coffee, Ebro Foods, China Resources, and Suntory Beverage. More
GREENX METALS 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 GREENX METALS'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 GREENX METALS LTD upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.27 | |||
| Information Ratio | 0.116 | |||
| Maximum Drawdown | 20.17 | |||
| Value At Risk | (6.12) | |||
| Potential Upside | 7.89 |
GREENX METALS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GREENX METALS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GREENX METALS's standard deviation. In reality, there are many statistical measures that can use GREENX METALS historical prices to predict the future GREENX METALS's volatility.| Risk Adjusted Performance | 0.0883 | |||
| Jensen Alpha | 0.3527 | |||
| Total Risk Alpha | 0.8978 | |||
| Sortino Ratio | 0.1135 | |||
| Treynor Ratio | (1.82) |
GREENX METALS LTD Backtested Returns
GREENX METALS appears to be out of control, given 3 months investment horizon. GREENX METALS LTD holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11 % return per unit of return volatility over the last 3 months. We have found twenty-nine technical indicators for GREENX METALS LTD, which you can use to evaluate the volatility of the firm. Please utilize GREENX METALS's Risk Adjusted Performance of 0.0883, market risk adjusted performance of (1.81), and Semi Deviation of 3.14 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, GREENX METALS holds a performance score of 8. The company retains a Market Volatility (i.e., Beta) of -0.21, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning GREENX METALS are expected to decrease at a much lower rate. During the bear market, GREENX METALS is likely to outperform the market. Please check GREENX METALS's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to make a quick decision on whether GREENX METALS's current trending patterns will revert.
Auto-correlation | 0.39 |
Below average predictability
GREENX METALS LTD has below average predictability. Overlapping area represents the amount of predictability between GREENX METALS 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 GREENX METALS LTD price movement. The serial correlation of 0.39 indicates that just about 39.0% of current GREENX METALS price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
GREENX METALS LTD lagged returns against current returns
Autocorrelation, which is GREENX METALS 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 GREENX METALS's stock expected returns. We can calculate the autocorrelation of GREENX METALS returns to help us make a trade decision. For example, suppose you find that GREENX METALS 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 |
GREENX METALS 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 GREENX METALS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GREENX METALS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GREENX METALS stock over time.
Current vs Lagged Prices |
| Timeline |
GREENX METALS Lagged Returns
When evaluating GREENX METALS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GREENX METALS stock have on its future price. GREENX METALS 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, GREENX METALS autocorrelation shows the relationship between GREENX METALS stock current value and its past values and can show if there is a momentum factor associated with investing in GREENX METALS LTD.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in GREENX Stock
GREENX METALS financial ratios help investors to determine whether GREENX 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 GREENX with respect to the benefits of owning GREENX METALS security.