Geely Automobile Holdings Stock Market Value
| GELYY Stock | USD 37.05 1.27 3.55% |
| Symbol | Geely |
Geely Automobile '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 Geely Automobile's pink sheet 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 Geely Automobile.
| 12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in Geely Automobile on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding Geely Automobile Holdings or generate 0.0% return on investment in Geely Automobile over 720 days. Geely Automobile is related to or competes with Great Wall, Polestar Automotive, BYD Company, Aston Martin, Mercedes Benz, Porsche Automobile, and Aston Martin. Geely Automobile Holdings Limited, an investment holding company, operates as an automobile manufacturer primarily in th... More
Geely Automobile 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 Geely Automobile's pink sheet 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 Geely Automobile Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.22 | |||
| Information Ratio | 0.1803 | |||
| Maximum Drawdown | 25.0 | |||
| Value At Risk | (5.05) | |||
| Potential Upside | 7.47 |
Geely Automobile Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Geely Automobile's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Geely Automobile's standard deviation. In reality, there are many statistical measures that can use Geely Automobile historical prices to predict the future Geely Automobile's volatility.| Risk Adjusted Performance | 0.169 | |||
| Jensen Alpha | 0.8691 | |||
| Total Risk Alpha | 0.2402 | |||
| Sortino Ratio | 0.1752 | |||
| Treynor Ratio | (6.42) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Geely Automobile'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.
Geely Automobile Holdings Backtested Returns
Geely Automobile appears to be not too volatile, given 3 months investment horizon. Geely Automobile Holdings holds Efficiency (Sharpe) Ratio of 0.2, which attests that the entity had a 0.2% return per unit of risk over the last 3 months. By evaluating Geely Automobile's technical indicators, you can evaluate if the expected return of 0.84% is justified by implied risk. Please utilize Geely Automobile's Market Risk Adjusted Performance of (6.41), risk adjusted performance of 0.169, and Downside Deviation of 4.22 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Geely Automobile holds a performance score of 15. The company retains a Market Volatility (i.e., Beta) of -0.13, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Geely Automobile are expected to decrease at a much lower rate. During the bear market, Geely Automobile is likely to outperform the market. Please check Geely Automobile's maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to make a quick decision on whether Geely Automobile's current trending patterns will revert.
Auto-correlation | -0.58 |
Good reverse predictability
Geely Automobile Holdings has good reverse predictability. Overlapping area represents the amount of predictability between Geely Automobile time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 to 3rd 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 Geely Automobile Holdings price movement. The serial correlation of -0.58 indicates that roughly 58.0% of current Geely Automobile price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.58 | |
| Spearman Rank Test | -0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 28.94 |
Geely Automobile Holdings lagged returns against current returns
Autocorrelation, which is Geely Automobile pink sheet'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 Geely Automobile's pink sheet expected returns. We can calculate the autocorrelation of Geely Automobile returns to help us make a trade decision. For example, suppose you find that Geely Automobile has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Geely Automobile 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 Geely Automobile pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Geely Automobile pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Geely Automobile pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Geely Automobile Lagged Returns
When evaluating Geely Automobile's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Geely Automobile pink sheet have on its future price. Geely Automobile 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, Geely Automobile autocorrelation shows the relationship between Geely Automobile pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Geely Automobile Holdings.
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.Additional Tools for Geely Pink Sheet Analysis
When running Geely Automobile's price analysis, check to measure Geely Automobile's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Geely Automobile is operating at the current time. Most of Geely Automobile's value examination focuses on studying past and present price action to predict the probability of Geely Automobile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Geely Automobile's price. Additionally, you may evaluate how the addition of Geely Automobile to your portfolios can decrease your overall portfolio volatility.