GEK TERNA (Greece) Market Value
| GEKTERNA | EUR 18.48 0.30 1.60% |
| Symbol | GEK |
GEK TERNA '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 GEK TERNA'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 GEK TERNA.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in GEK TERNA on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding GEK TERNA Holdings or generate 0.0% return on investment in GEK TERNA over 30 days. GEK TERNA is related to or competes with Mytilineos, Terna Energy, Greek Organization, Motor Oil, and Hellenic Petroleum. GEK TERNA Holdings, Real Estate, Construction S.A., together with its subsidiaries, engages in the construction, energy,... More
GEK TERNA 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 GEK TERNA'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 GEK TERNA Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8712 | |||
| Information Ratio | 0.1302 | |||
| Maximum Drawdown | 5.02 | |||
| Value At Risk | (1.19) | |||
| Potential Upside | 1.43 |
GEK TERNA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GEK TERNA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GEK TERNA's standard deviation. In reality, there are many statistical measures that can use GEK TERNA historical prices to predict the future GEK TERNA's volatility.| Risk Adjusted Performance | 0.1101 | |||
| Jensen Alpha | 0.1111 | |||
| Total Risk Alpha | 0.1072 | |||
| Sortino Ratio | 0.1238 | |||
| Treynor Ratio | 0.3199 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of GEK TERNA's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
GEK TERNA Holdings Backtested Returns
GEK TERNA Holdings holds Efficiency (Sharpe) Ratio of close to zero, which attests that the entity had a close to zero % return per unit of risk over the last 3 months. GEK TERNA Holdings exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GEK TERNA's Risk Adjusted Performance of 0.1101, semi deviation of 0.6173, and Market Risk Adjusted Performance of 0.3299 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.35, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, GEK TERNA's returns are expected to increase less than the market. However, during the bear market, the loss of holding GEK TERNA is expected to be smaller as well. At this point, GEK TERNA Holdings has a negative expected return of -0.0064%. Please make sure to check out GEK TERNA's total risk alpha, expected short fall, price action indicator, as well as the relationship between the value at risk and daily balance of power , to decide if GEK TERNA Holdings performance from the past will be repeated in the future.
Auto-correlation | -0.38 |
Poor reverse predictability
GEK TERNA Holdings has poor reverse predictability. Overlapping area represents the amount of predictability between GEK TERNA time series from 27th of January 2025 to 11th of February 2025 and 11th of February 2025 to 26th of February 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 GEK TERNA Holdings price movement. The serial correlation of -0.38 indicates that just about 38.0% of current GEK TERNA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
GEK TERNA Holdings lagged returns against current returns
Autocorrelation, which is GEK TERNA 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 GEK TERNA's stock expected returns. We can calculate the autocorrelation of GEK TERNA returns to help us make a trade decision. For example, suppose you find that GEK TERNA 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 |
GEK TERNA 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 GEK TERNA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GEK TERNA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GEK TERNA stock over time.
Current vs Lagged Prices |
| Timeline |
GEK TERNA Lagged Returns
When evaluating GEK TERNA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GEK TERNA stock have on its future price. GEK TERNA 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, GEK TERNA autocorrelation shows the relationship between GEK TERNA stock current value and its past values and can show if there is a momentum factor associated with investing in GEK TERNA Holdings.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in GEK Stock
GEK TERNA financial ratios help investors to determine whether GEK 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 GEK with respect to the benefits of owning GEK TERNA security.