GPS Participaes (Brazil) Market Value
| GGPS3 Stock | 16.04 0.02 0.12% |
| Symbol | GPS |
GPS Participaes '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 GPS Participaes' 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 GPS Participaes.
| 12/15/2022 |
| 12/04/2024 |
If you would invest 0.00 in GPS Participaes on December 15, 2022 and sell it all today you would earn a total of 0.00 from holding GPS Participaes e or generate 0.0% return on investment in GPS Participaes over 720 days. GPS Participaes is related to or competes with Lojas Quero, Grupo SBF, and Mitre Realty. More
GPS Participaes 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 GPS Participaes' 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 GPS Participaes e upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 9.35 | |||
| Value At Risk | (2.35) | |||
| Potential Upside | 1.87 |
GPS Participaes Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GPS Participaes' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GPS Participaes' standard deviation. In reality, there are many statistical measures that can use GPS Participaes historical prices to predict the future GPS Participaes' volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.38) | |||
| Treynor Ratio | (1.68) |
GPS Participaes e Backtested Returns
GPS Participaes e holds Efficiency (Sharpe) Ratio of -0.13, which attests that the entity had a -0.13% return per unit of volatility over the last 3 months. GPS Participaes e exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GPS Participaes' risk adjusted performance of (0.08), and Market Risk Adjusted Performance of (1.67) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.11, which attests to not very significant fluctuations relative to the market. As returns on the market increase, GPS Participaes' returns are expected to increase less than the market. However, during the bear market, the loss of holding GPS Participaes is expected to be smaller as well. At this point, GPS Participaes e has a negative expected return of -0.19%. Please make sure to check out GPS Participaes' value at risk, accumulation distribution, day typical price, as well as the relationship between the skewness and rate of daily change , to decide if GPS Participaes e performance from the past will be repeated at future time.
Auto-correlation | -0.53 |
Good reverse predictability
GPS Participaes e has good reverse predictability. Overlapping area represents the amount of predictability between GPS Participaes time series from 15th of December 2022 to 10th of December 2023 and 10th of December 2023 to 4th 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 GPS Participaes e price movement. The serial correlation of -0.53 indicates that about 53.0% of current GPS Participaes price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.53 | |
| Spearman Rank Test | -0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.64 |
GPS Participaes e lagged returns against current returns
Autocorrelation, which is GPS Participaes 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 GPS Participaes' stock expected returns. We can calculate the autocorrelation of GPS Participaes returns to help us make a trade decision. For example, suppose you find that GPS Participaes 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 |
GPS Participaes 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 GPS Participaes stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GPS Participaes stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GPS Participaes stock over time.
Current vs Lagged Prices |
| Timeline |
GPS Participaes Lagged Returns
When evaluating GPS Participaes' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GPS Participaes stock have on its future price. GPS Participaes 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, GPS Participaes autocorrelation shows the relationship between GPS Participaes stock current value and its past values and can show if there is a momentum factor associated with investing in GPS Participaes e.
Regressed Prices |
| Timeline |
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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 GPS Stock Analysis
When running GPS Participaes' price analysis, check to measure GPS Participaes' 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 GPS Participaes is operating at the current time. Most of GPS Participaes' value examination focuses on studying past and present price action to predict the probability of GPS Participaes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GPS Participaes' price. Additionally, you may evaluate how the addition of GPS Participaes to your portfolios can decrease your overall portfolio volatility.