GROUNDS REST's market value is the price at which a share of GROUNDS REST trades on a public exchange. It measures the collective expectations of GROUNDS REST NA investors about its performance. GROUNDS REST is trading at 1.67 as of the 14th of January 2025. This is a 4.02% down since the beginning of the trading day. The stock's lowest day price was 1.67. With this module, you can estimate the performance of a buy and hold strategy of GROUNDS REST NA and determine expected loss or profit from investing in GROUNDS REST over a given investment horizon. Check out GROUNDS REST Correlation, GROUNDS REST Volatility and GROUNDS REST Alpha and Beta module to complement your research on GROUNDS REST.
Please note, there is a significant difference between GROUNDS REST's value and its price as these two are different measures arrived at by different means. Investors typically determine if GROUNDS REST is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GROUNDS REST's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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.
0.00
12/15/2024
No Change 0.00
0.0
In 30 days
01/14/2025
0.00
If you would invest 0.00 in GROUNDS REST on December 15, 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 30 days. GROUNDS REST is related to or competes with VONOVIA SE, Superior Plus, NMI Holdings, SIVERS SEMICONDUCTORS, Talanx AG, NorAm Drilling, and Identiv. 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.
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.
GROUNDS REST is extremely dangerous given 3 months investment horizon. GROUNDS REST NA holds Efficiency (Sharpe) Ratio of 0.17, which attests that the entity had a 0.17% return per unit of volatility over the last 3 months. We have collected data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.17% are justified by taking the suggested risk. Use GROUNDS REST NA risk adjusted performance of 0.1422, and Market Risk Adjusted Performance of (0.94) to evaluate company specific risk that cannot be diversified away. GROUNDS REST holds a performance score of 13 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -1.12, which attests to a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning GROUNDS REST are expected to decrease slowly. On the other hand, during market turmoil, GROUNDS REST is expected to outperform it slightly. Use GROUNDS REST NA information ratio, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to analyze future returns on GROUNDS REST NA.
Auto-correlation
-0.81
Excellent reverse predictability
GROUNDS REST NA has excellent reverse predictability. Overlapping area represents the amount of predictability between GROUNDS REST time series from 15th of December 2024 to 30th of December 2024 and 30th of December 2024 to 14th 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 GROUNDS REST NA price movement. The serial correlation of -0.81 indicates that around 81.0% of current GROUNDS REST price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.81
Spearman Rank Test
-0.74
Residual Average
0.0
Price Variance
0.09
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.
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.