Greif Inc Stock Market Value

GEF-B Stock  USD 73.70  0.31  0.42%   
Greif's market value is the price at which a share of Greif trades on a public exchange. It measures the collective expectations of Greif Inc investors about its performance. Greif is trading at 73.70 as of the 12th of December 2024, a 0.42 percent decrease since the beginning of the trading day. The stock's open price was 74.01.
With this module, you can estimate the performance of a buy and hold strategy of Greif Inc and determine expected loss or profit from investing in Greif over a given investment horizon. Check out Greif Correlation, Greif Volatility and Greif Alpha and Beta module to complement your research on Greif.
Symbol

Greif Inc Price To Book Ratio

Please note, there is a significant difference between Greif's value and its price as these two are different measures arrived at by different means. Investors typically determine if Greif is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greif'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.

Greif '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 Greif'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 Greif.
0.00
12/18/2023
No Change 0.00  0.0 
In 11 months and 26 days
12/12/2024
0.00
If you would invest  0.00  in Greif on December 18, 2023 and sell it all today you would earn a total of 0.00 from holding Greif Inc or generate 0.0% return on investment in Greif over 360 days. Greif is related to or competes with Pactiv Evergreen, Myers Industries, Silgan Holdings, Sonoco Products, Avery Dennison, Greif Bros, and Reynolds Consumer. Greif, Inc. produces and sells industrial packaging products and services worldwide More

Greif 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 Greif'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 Greif Inc upside and downside potential and time the market with a certain degree of confidence.

Greif Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Greif's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Greif's standard deviation. In reality, there are many statistical measures that can use Greif historical prices to predict the future Greif's volatility.
Hype
Prediction
LowEstimatedHigh
71.8573.3774.89
Details
Intrinsic
Valuation
LowRealHigh
66.3384.2485.76
Details
Naive
Forecast
LowNextHigh
70.5372.0573.57
Details
0 Analysts
Consensus
LowTargetHigh
84.6393.00103.23
Details

Greif Inc Backtested Returns

At this point, Greif is very steady. Greif Inc holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for Greif Inc, which you can use to evaluate the volatility of the firm. Please check out Greif's Downside Deviation of 1.06, market risk adjusted performance of 0.1462, and Risk Adjusted Performance of 0.1146 to validate if the risk estimate we provide is consistent with the expected return of 0.19%. Greif has a performance score of 9 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 1.61, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Greif will likely underperform. Greif Inc right now retains a risk of 1.52%. Please check out Greif semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and standard deviation , to decide if Greif will be following its current trending patterns.

Auto-correlation

    
  0.16  

Very weak predictability

Greif Inc has very weak predictability. Overlapping area represents the amount of predictability between Greif time series from 18th of December 2023 to 15th of June 2024 and 15th of June 2024 to 12th 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 Greif Inc price movement. The serial correlation of 0.16 indicates that over 16.0% of current Greif price fluctuation can be explain by its past prices.
Correlation Coefficient0.16
Spearman Rank Test0.07
Residual Average0.0
Price Variance18.01

Greif Inc lagged returns against current returns

Autocorrelation, which is Greif 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 Greif's stock expected returns. We can calculate the autocorrelation of Greif returns to help us make a trade decision. For example, suppose you find that Greif 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  

Greif 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 Greif stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Greif stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Greif stock over time.
   Current vs Lagged Prices   
       Timeline  

Greif Lagged Returns

When evaluating Greif's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Greif stock have on its future price. Greif 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, Greif autocorrelation shows the relationship between Greif stock current value and its past values and can show if there is a momentum factor associated with investing in Greif Inc.
   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 Greif Stock

Greif financial ratios help investors to determine whether Greif 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 Greif with respect to the benefits of owning Greif security.