Gestamp Automocion (Spain) Market Value
| GEST Stock | EUR 2.81 0.03 1.08% |
| Symbol | Gestamp |
Gestamp Automocion '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 Gestamp Automocion'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 Gestamp Automocion.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Gestamp Automocion on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Gestamp Automocion SA or generate 0.0% return on investment in Gestamp Automocion over 90 days. Gestamp Automocion is related to or competes with CIE Automotive, ENCE Energa, Global Dominion, Viscofan, and Cia De. Gestamp Automocin, S.A. designs, develops, manufactures, and sells metal automotive components in Europe, North America,... More
Gestamp Automocion 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 Gestamp Automocion'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 Gestamp Automocion SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.31 | |||
| Information Ratio | 0.1368 | |||
| Maximum Drawdown | 14.86 | |||
| Value At Risk | (2.82) | |||
| Potential Upside | 2.95 |
Gestamp Automocion Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gestamp Automocion's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gestamp Automocion's standard deviation. In reality, there are many statistical measures that can use Gestamp Automocion historical prices to predict the future Gestamp Automocion's volatility.| Risk Adjusted Performance | 0.0848 | |||
| Jensen Alpha | 0.1915 | |||
| Total Risk Alpha | 0.4518 | |||
| Sortino Ratio | 0.127 | |||
| Treynor Ratio | 2.6 |
Gestamp Automocion Backtested Returns
Gestamp Automocion appears to be moderately volatile, given 3 months investment horizon. Gestamp Automocion holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Gestamp Automocion, which you can use to evaluate the volatility of the firm. Please utilize Gestamp Automocion's Market Risk Adjusted Performance of 2.61, downside deviation of 2.31, and Risk Adjusted Performance of 0.0848 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Gestamp Automocion holds a performance score of 9. The company retains a Market Volatility (i.e., Beta) of 0.0708, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Gestamp Automocion's returns are expected to increase less than the market. However, during the bear market, the loss of holding Gestamp Automocion is expected to be smaller as well. Please check Gestamp Automocion's treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Gestamp Automocion's current trending patterns will revert.
Auto-correlation | 0.58 |
Modest predictability
Gestamp Automocion SA has modest predictability. Overlapping area represents the amount of predictability between Gestamp Automocion time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 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 Gestamp Automocion price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current Gestamp Automocion price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.58 | |
| Spearman Rank Test | 0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Gestamp Automocion lagged returns against current returns
Autocorrelation, which is Gestamp Automocion 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 Gestamp Automocion's stock expected returns. We can calculate the autocorrelation of Gestamp Automocion returns to help us make a trade decision. For example, suppose you find that Gestamp Automocion 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 |
Gestamp Automocion 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 Gestamp Automocion stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gestamp Automocion stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gestamp Automocion stock over time.
Current vs Lagged Prices |
| Timeline |
Gestamp Automocion Lagged Returns
When evaluating Gestamp Automocion's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gestamp Automocion stock have on its future price. Gestamp Automocion 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, Gestamp Automocion autocorrelation shows the relationship between Gestamp Automocion stock current value and its past values and can show if there is a momentum factor associated with investing in Gestamp Automocion SA.
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 Gestamp Stock
Gestamp Automocion financial ratios help investors to determine whether Gestamp 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 Gestamp with respect to the benefits of owning Gestamp Automocion security.