Grounds Real's market value is the price at which a share of Grounds Real trades on a public exchange. It measures the collective expectations of Grounds Real Estate investors about its performance. Grounds Real is trading at 0.54 as of the 28th of December 2024, a 1.82 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.5. With this module, you can estimate the performance of a buy and hold strategy of Grounds Real Estate and determine expected loss or profit from investing in Grounds Real 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
Grounds
Grounds Real '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 Real'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 Real.
0.00
09/29/2024
No Change 0.00
0.0
In 3 months and 1 day
12/28/2024
0.00
If you would invest 0.00 in Grounds Real on September 29, 2024 and sell it all today you would earn a total of 0.00 from holding Grounds Real Estate or generate 0.0% return on investment in Grounds Real over 90 days.
Grounds Real 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 Real'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 Real Estate 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 Real's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Grounds Real's standard deviation. In reality, there are many statistical measures that can use Grounds Real historical prices to predict the future Grounds Real's volatility.
At this point, Grounds Real is out of control. Grounds Real Estate holds Efficiency (Sharpe) Ratio of 0.0357, which attests that the entity had a 0.0357% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Grounds Real Estate, which you can use to evaluate the volatility of the firm. Please check out Grounds Real's Downside Deviation of 5.34, market risk adjusted performance of (0.22), and Risk Adjusted Performance of 0.036 to validate if the risk estimate we provide is consistent with the expected return of 0.18%. Grounds Real has a performance score of 2 on a scale of 0 to 100. 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 Real are expected to decrease at a much lower rate. During the bear market, Grounds Real is likely to outperform the market. Grounds Real Estate right now retains a risk of 4.92%. Please check out Grounds Real total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to decide if Grounds Real will be following its current trending patterns.
Auto-correlation
-0.05
Very weak reverse predictability
Grounds Real Estate has very weak reverse predictability. Overlapping area represents the amount of predictability between Grounds Real time series from 29th of September 2024 to 13th of November 2024 and 13th of November 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 Real Estate price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current Grounds Real price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.05
Spearman Rank Test
0.39
Residual Average
0.0
Price Variance
0.0
Grounds Real Estate lagged returns against current returns
Autocorrelation, which is Grounds Real 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 Real's stock expected returns. We can calculate the autocorrelation of Grounds Real returns to help us make a trade decision. For example, suppose you find that Grounds Real 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 Real 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 Real stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Grounds Real stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Grounds Real stock over time.
Current vs Lagged Prices
Timeline
Grounds Real Lagged Returns
When evaluating Grounds Real's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Grounds Real stock have on its future price. Grounds Real 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 Real autocorrelation shows the relationship between Grounds Real stock current value and its past values and can show if there is a momentum factor associated with investing in Grounds Real Estate.
Regressed Prices
Timeline
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.