GROUNDS REST (Germany) Market Value
| AMMN Stock | EUR 0.52 0.00 0.00% |
| Symbol | GROUNDS |
GROUNDS REST '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 GROUNDS REST'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 GROUNDS REST.
| 07/01/2024 |
| 12/28/2024 |
If you would invest 0.00 in GROUNDS REST on July 1, 2024 and sell it all today you would earn a total of 0.00 from holding GROUNDS REST NA or generate 0.0% return on investment in GROUNDS REST over 180 days. GROUNDS REST is related to or competes with COSTAR GROUP, VONOVIA SE, Vonovia SE, Henderson Land, Wharf Real, and Swire Properties. The Grounds Real Estate Development AG engages in the acquisition, development, and management of residential properties... More
GROUNDS REST 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 GROUNDS REST'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 GROUNDS REST NA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.81 | |||
| Information Ratio | 0.0414 | |||
| Maximum Drawdown | 36.6 | |||
| Value At Risk | (6.38) | |||
| Potential Upside | 9.43 |
GROUNDS REST Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GROUNDS REST's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GROUNDS REST's standard deviation. In reality, there are many statistical measures that can use GROUNDS REST historical prices to predict the future GROUNDS REST's volatility.| Risk Adjusted Performance | 0.0463 | |||
| Jensen Alpha | 0.2613 | |||
| Total Risk Alpha | 0.0955 | |||
| Sortino Ratio | 0.0466 | |||
| Treynor Ratio | (0.36) |
GROUNDS REST NA Backtested Returns
GROUNDS REST appears to be out of control, given 3 months investment horizon. GROUNDS REST NA holds Efficiency (Sharpe) Ratio of 0.0429, which attests that the entity had a 0.0429% return per unit of volatility over the last 3 months. We have found twenty-four technical indicators for GROUNDS REST NA, which you can use to evaluate the volatility of the firm. Please utilize GROUNDS REST's market risk adjusted performance of (0.35), and Risk Adjusted Performance of 0.0463 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, GROUNDS REST holds a performance score of 3. The company retains a Market Volatility (i.e., Beta) of -0.69, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning GROUNDS REST are expected to decrease at a much lower rate. During the bear market, GROUNDS REST is likely to outperform the market. Please check GROUNDS REST's total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether GROUNDS REST's current trending patterns will revert.
Auto-correlation | 0.00 |
No correlation between past and present
GROUNDS REST NA has no correlation between past and present. Overlapping area represents the amount of predictability between GROUNDS REST time series from 1st of July 2024 to 29th of September 2024 and 29th of September 2024 to 28th 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 GROUNDS REST NA price movement. The serial correlation of 0.0 indicates that just 0.0% of current GROUNDS REST price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
GROUNDS REST NA lagged returns against current returns
Autocorrelation, which is GROUNDS REST 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 GROUNDS REST's stock expected returns. We can calculate the autocorrelation of GROUNDS REST returns to help us make a trade decision. For example, suppose you find that GROUNDS REST 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 |
GROUNDS REST 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 GROUNDS REST stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GROUNDS REST stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GROUNDS REST stock over time.
Current vs Lagged Prices |
| Timeline |
GROUNDS REST Lagged Returns
When evaluating GROUNDS REST's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GROUNDS REST stock have on its future price. GROUNDS REST 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, GROUNDS REST autocorrelation shows the relationship between GROUNDS REST stock current value and its past values and can show if there is a momentum factor associated with investing in GROUNDS REST NA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in GROUNDS Stock
GROUNDS REST financial ratios help investors to determine whether GROUNDS 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 GROUNDS with respect to the benefits of owning GROUNDS REST security.