GRIPM Advanced (China) Market Value
| 688456 Stock | 32.75 0.11 0.34% |
| Symbol | GRIPM |
GRIPM Advanced '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 GRIPM Advanced'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 GRIPM Advanced.
| 01/18/2025 |
| 02/17/2025 |
If you would invest 0.00 in GRIPM Advanced on January 18, 2025 and sell it all today you would earn a total of 0.00 from holding GRIPM Advanced Materials or generate 0.0% return on investment in GRIPM Advanced over 30 days. GRIPM Advanced is related to or competes with MayAir Technology, Beijing Sanyuan, XinJiang GuoTong, Xiangpiaopiao Food, China World, Shandong Longquan, and Jiamei Food. More
GRIPM Advanced 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 GRIPM Advanced'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 GRIPM Advanced Materials upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.0 | |||
| Information Ratio | 0.0103 | |||
| Maximum Drawdown | 9.61 | |||
| Value At Risk | (3.84) | |||
| Potential Upside | 4.05 |
GRIPM Advanced Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GRIPM Advanced's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GRIPM Advanced's standard deviation. In reality, there are many statistical measures that can use GRIPM Advanced historical prices to predict the future GRIPM Advanced's volatility.| Risk Adjusted Performance | 0.0177 | |||
| Jensen Alpha | 0.0239 | |||
| Total Risk Alpha | 0.0206 | |||
| Sortino Ratio | 0.0114 | |||
| Treynor Ratio | 0.1868 |
GRIPM Advanced Materials Backtested Returns
At this point, GRIPM Advanced is very steady. GRIPM Advanced Materials holds Efficiency (Sharpe) Ratio of 0.0153, which attests that the entity had a 0.0153 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for GRIPM Advanced Materials, which you can use to evaluate the volatility of the firm. Please check out GRIPM Advanced's Risk Adjusted Performance of 0.0177, semi deviation of 1.93, and Market Risk Adjusted Performance of 0.1968 to validate if the risk estimate we provide is consistent with the expected return of 0.034%. GRIPM Advanced has a performance score of 1 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.13, which attests to not very significant fluctuations relative to the market. As returns on the market increase, GRIPM Advanced's returns are expected to increase less than the market. However, during the bear market, the loss of holding GRIPM Advanced is expected to be smaller as well. GRIPM Advanced Materials currently retains a risk of 2.22%. Please check out GRIPM Advanced mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to decide if GRIPM Advanced will be following its current trending patterns.
Auto-correlation | 0.62 |
Good predictability
GRIPM Advanced Materials has good predictability. Overlapping area represents the amount of predictability between GRIPM Advanced time series from 18th of January 2025 to 2nd of February 2025 and 2nd of February 2025 to 17th of February 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 GRIPM Advanced Materials price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current GRIPM Advanced price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.62 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.34 |
GRIPM Advanced Materials lagged returns against current returns
Autocorrelation, which is GRIPM Advanced 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 GRIPM Advanced's stock expected returns. We can calculate the autocorrelation of GRIPM Advanced returns to help us make a trade decision. For example, suppose you find that GRIPM Advanced 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 |
GRIPM Advanced 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 GRIPM Advanced stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GRIPM Advanced stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GRIPM Advanced stock over time.
Current vs Lagged Prices |
| Timeline |
GRIPM Advanced Lagged Returns
When evaluating GRIPM Advanced's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GRIPM Advanced stock have on its future price. GRIPM Advanced 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, GRIPM Advanced autocorrelation shows the relationship between GRIPM Advanced stock current value and its past values and can show if there is a momentum factor associated with investing in GRIPM Advanced Materials.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in GRIPM Stock
GRIPM Advanced financial ratios help investors to determine whether GRIPM 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 GRIPM with respect to the benefits of owning GRIPM Advanced security.