GAZTRTECHNIUADR1/5EO01's market value is the price at which a share of GAZTRTECHNIUADR1/5EO01 trades on a public exchange. It measures the collective expectations of GAZTRTECHNIUADR15EO01 investors about its performance. GAZTRTECHNIUADR1/5EO01 is trading at 28.20 as of the 20th of January 2025. This is a 0.71% up since the beginning of the trading day. The stock's lowest day price was 28.2. With this module, you can estimate the performance of a buy and hold strategy of GAZTRTECHNIUADR15EO01 and determine expected loss or profit from investing in GAZTRTECHNIUADR1/5EO01 over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
GAZTRTECHNIUADR1/5EO01
GAZTRTECHNIUADR1/5EO01 '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 GAZTRTECHNIUADR1/5EO01'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 GAZTRTECHNIUADR1/5EO01.
0.00
12/21/2024
No Change 0.00
0.0
In 30 days
01/20/2025
0.00
If you would invest 0.00 in GAZTRTECHNIUADR1/5EO01 on December 21, 2024 and sell it all today you would earn a total of 0.00 from holding GAZTRTECHNIUADR15EO01 or generate 0.0% return on investment in GAZTRTECHNIUADR1/5EO01 over 30 days.
GAZTRTECHNIUADR1/5EO01 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 GAZTRTECHNIUADR1/5EO01'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 GAZTRTECHNIUADR15EO01 upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for GAZTRTECHNIUADR1/5EO01's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GAZTRTECHNIUADR1/5EO01's standard deviation. In reality, there are many statistical measures that can use GAZTRTECHNIUADR1/5EO01 historical prices to predict the future GAZTRTECHNIUADR1/5EO01's volatility.
GAZTRTECHNIUADR1/5EO01 appears to be very steady, given 3 months investment horizon. GAZTRTECHNIUADR1/5EO01 holds Efficiency (Sharpe) Ratio of 0.12, which attests that the company had a 0.12 % return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for GAZTRTECHNIUADR1/5EO01, which you can use to evaluate the volatility of the entity. Please utilize GAZTRTECHNIUADR1/5EO01's mean deviation of 1.27, and Semi Deviation of 1.37 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, GAZTRTECHNIUADR1/5EO01 holds a performance score of 9. The firm retains a Market Volatility (i.e., Beta) of -0.0544, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning GAZTRTECHNIUADR1/5EO01 are expected to decrease at a much lower rate. During the bear market, GAZTRTECHNIUADR1/5EO01 is likely to outperform the market. Please check GAZTRTECHNIUADR1/5EO01's sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to make a quick decision on whether GAZTRTECHNIUADR1/5EO01's current trending patterns will revert.
Auto-correlation
0.16
Very weak predictability
GAZTRTECHNIUADR15EO01 has very weak predictability. Overlapping area represents the amount of predictability between GAZTRTECHNIUADR1/5EO01 time series from 21st of December 2024 to 5th of January 2025 and 5th of January 2025 to 20th of January 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 GAZTRTECHNIUADR1/5EO01 price movement. The serial correlation of 0.16 indicates that over 16.0% of current GAZTRTECHNIUADR1/5EO01 price fluctuation can be explain by its past prices.
Correlation Coefficient
0.16
Spearman Rank Test
0.09
Residual Average
0.0
Price Variance
0.17
GAZTRTECHNIUADR1/5EO01 lagged returns against current returns
Autocorrelation, which is GAZTRTECHNIUADR1/5EO01 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 GAZTRTECHNIUADR1/5EO01's stock expected returns. We can calculate the autocorrelation of GAZTRTECHNIUADR1/5EO01 returns to help us make a trade decision. For example, suppose you find that GAZTRTECHNIUADR1/5EO01 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
GAZTRTECHNIUADR1/5EO01 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 GAZTRTECHNIUADR1/5EO01 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GAZTRTECHNIUADR1/5EO01 stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GAZTRTECHNIUADR1/5EO01 stock over time.
Current vs Lagged Prices
Timeline
GAZTRTECHNIUADR1/5EO01 Lagged Returns
When evaluating GAZTRTECHNIUADR1/5EO01's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GAZTRTECHNIUADR1/5EO01 stock have on its future price. GAZTRTECHNIUADR1/5EO01 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, GAZTRTECHNIUADR1/5EO01 autocorrelation shows the relationship between GAZTRTECHNIUADR1/5EO01 stock current value and its past values and can show if there is a momentum factor associated with investing in GAZTRTECHNIUADR15EO01.