GEA Grenobl (France) Market Value
| GEA Stock | EUR 78.50 3.50 4.67% |
| Symbol | GEA |
GEA Grenobl '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 GEA Grenobl'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 GEA Grenobl.
| 08/19/2023 |
| 12/11/2024 |
If you would invest 0.00 in GEA Grenobl on August 19, 2023 and sell it all today you would earn a total of 0.00 from holding GEA Grenobl Elect or generate 0.0% return on investment in GEA Grenobl over 480 days. GEA Grenobl is related to or competes with Graines Voltz, Linedata Services, Gevelot, Lacroix Group, and Lectricite. Grenobloise dElectronique et dAutomatismes Socit Anonyme designs, develops, manufactures, integrates, installs, and main... More
GEA Grenobl 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 GEA Grenobl'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 GEA Grenobl Elect upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.07 | |||
| Information Ratio | 0.0344 | |||
| Maximum Drawdown | 14.98 | |||
| Value At Risk | (1.35) | |||
| Potential Upside | 2.74 |
GEA Grenobl Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GEA Grenobl's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GEA Grenobl's standard deviation. In reality, there are many statistical measures that can use GEA Grenobl historical prices to predict the future GEA Grenobl's volatility.| Risk Adjusted Performance | 0.0775 | |||
| Jensen Alpha | 0.1853 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.0623 | |||
| Treynor Ratio | (5.13) |
GEA Grenobl Elect Backtested Returns
GEA Grenobl appears to be very steady, given 3 months investment horizon. GEA Grenobl Elect retains Efficiency (Sharpe Ratio) of 0.1, which attests that the entity had a 0.1% return per unit of risk over the last 3 months. We have found thirty technical indicators for GEA Grenobl, which you can use to evaluate the volatility of the firm. Please utilize GEA Grenobl's Semi Deviation of 0.4493, market risk adjusted performance of (5.12), and Coefficient Of Variation of 1013.98 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, GEA Grenobl holds a performance score of 7. The company owns a Beta (Systematic Risk) of -0.0353, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning GEA Grenobl are expected to decrease at a much lower rate. During the bear market, GEA Grenobl is likely to outperform the market. Please check GEA Grenobl's mean deviation, standard deviation, treynor ratio, as well as the relationship between the downside deviation and total risk alpha , to make a quick decision on whether GEA Grenobl's current price history will revert.
Auto-correlation | -0.01 |
Very weak reverse predictability
GEA Grenobl Elect has very weak reverse predictability. Overlapping area represents the amount of predictability between GEA Grenobl time series from 19th of August 2023 to 15th of April 2024 and 15th of April 2024 to 11th 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 GEA Grenobl Elect price movement. The serial correlation of -0.01 indicates that just 1.0% of current GEA Grenobl price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.01 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 19.1 |
GEA Grenobl Elect lagged returns against current returns
Autocorrelation, which is GEA Grenobl 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 GEA Grenobl's stock expected returns. We can calculate the autocorrelation of GEA Grenobl returns to help us make a trade decision. For example, suppose you find that GEA Grenobl 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 |
GEA Grenobl 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 GEA Grenobl stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GEA Grenobl stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GEA Grenobl stock over time.
Current vs Lagged Prices |
| Timeline |
GEA Grenobl Lagged Returns
When evaluating GEA Grenobl's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GEA Grenobl stock have on its future price. GEA Grenobl 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, GEA Grenobl autocorrelation shows the relationship between GEA Grenobl stock current value and its past values and can show if there is a momentum factor associated with investing in GEA Grenobl Elect.
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.Other Information on Investing in GEA Stock
GEA Grenobl financial ratios help investors to determine whether GEA 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 GEA with respect to the benefits of owning GEA Grenobl security.