Garofalo Health (Germany) Market Value
| GHC Stock | EUR 5.26 0.06 1.13% |
| Symbol | Garofalo |
Garofalo Health '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 Garofalo Health'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 Garofalo Health.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in Garofalo Health on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Garofalo Health Care or generate 0.0% return on investment in Garofalo Health over 60 days. Garofalo Health is related to or competes with Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, Talanx AG, NorAm Drilling, and Identiv. Garofalo Health Care S.p.A. operates healthcare centers in Italy More
Garofalo Health 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 Garofalo Health'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 Garofalo Health Care upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.13 | |||
| Information Ratio | 0.0019 | |||
| Maximum Drawdown | 5.23 | |||
| Value At Risk | (1.45) | |||
| Potential Upside | 1.92 |
Garofalo Health Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Garofalo Health's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Garofalo Health's standard deviation. In reality, there are many statistical measures that can use Garofalo Health historical prices to predict the future Garofalo Health's volatility.| Risk Adjusted Performance | 0.0196 | |||
| Jensen Alpha | 0.0173 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.002 | |||
| Treynor Ratio | (0.07) |
Garofalo Health Care Backtested Returns
Garofalo Health Care holds Efficiency (Sharpe) Ratio of -0.0134, which attests that the entity had a -0.0134% return per unit of risk over the last 3 months. Garofalo Health Care exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Garofalo Health's Risk Adjusted Performance of 0.0196, downside deviation of 1.13, and Market Risk Adjusted Performance of (0.06) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.22, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Garofalo Health are expected to decrease at a much lower rate. During the bear market, Garofalo Health is likely to outperform the market. At this point, Garofalo Health Care has a negative expected return of -0.017%. Please make sure to check out Garofalo Health's total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to decide if Garofalo Health Care performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.6 |
Good reverse predictability
Garofalo Health Care has good reverse predictability. Overlapping area represents the amount of predictability between Garofalo Health time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th of January 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 Garofalo Health Care price movement. The serial correlation of -0.6 indicates that roughly 60.0% of current Garofalo Health price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.6 | |
| Spearman Rank Test | -0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Garofalo Health Care lagged returns against current returns
Autocorrelation, which is Garofalo Health 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 Garofalo Health's stock expected returns. We can calculate the autocorrelation of Garofalo Health returns to help us make a trade decision. For example, suppose you find that Garofalo Health 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 |
Garofalo Health 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 Garofalo Health stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Garofalo Health stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Garofalo Health stock over time.
Current vs Lagged Prices |
| Timeline |
Garofalo Health Lagged Returns
When evaluating Garofalo Health's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Garofalo Health stock have on its future price. Garofalo Health 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, Garofalo Health autocorrelation shows the relationship between Garofalo Health stock current value and its past values and can show if there is a momentum factor associated with investing in Garofalo Health Care.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Garofalo Stock
Garofalo Health financial ratios help investors to determine whether Garofalo 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 Garofalo with respect to the benefits of owning Garofalo Health security.