Gecina SA (Germany) Market Value
| GI6A Stock | EUR 89.00 0.55 0.62% |
| Symbol | Gecina |
Gecina SA '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 Gecina SA'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 Gecina SA.
| 11/18/2024 |
| 12/18/2024 |
If you would invest 0.00 in Gecina SA on November 18, 2024 and sell it all today you would earn a total of 0.00 from holding Gecina SA or generate 0.0% return on investment in Gecina SA over 30 days. Gecina SA is related to or competes with North American, ALIOR BANK, WIMFARM SA, Sterling Construction, Chiba Bank, Australian Agricultural, and Regions Financial. Gecina owns, manages and develops property holdings worth 19.9 billion euros at end-June 2019 More
Gecina SA 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 Gecina SA'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 Gecina SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.27) | |||
| Maximum Drawdown | 4.95 | |||
| Value At Risk | (1.93) | |||
| Potential Upside | 1.72 |
Gecina SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gecina SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gecina SA's standard deviation. In reality, there are many statistical measures that can use Gecina SA historical prices to predict the future Gecina SA's volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | 14.3 |
Gecina SA Backtested Returns
Gecina SA holds Efficiency (Sharpe) Ratio of -0.24, which attests that the entity had a -0.24% return per unit of risk over the last 3 months. Gecina SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gecina SA's Market Risk Adjusted Performance of 14.31, risk adjusted performance of (0.15), and Standard Deviation of 1.2 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.0183, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Gecina SA are expected to decrease at a much lower rate. During the bear market, Gecina SA is likely to outperform the market. At this point, Gecina SA has a negative expected return of -0.28%. Please make sure to check out Gecina SA's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Gecina SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.17 |
Very weak predictability
Gecina SA has very weak predictability. Overlapping area represents the amount of predictability between Gecina SA time series from 18th of November 2024 to 3rd of December 2024 and 3rd of December 2024 to 18th 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 Gecina SA price movement. The serial correlation of 0.17 indicates that over 17.0% of current Gecina SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 2.17 |
Gecina SA lagged returns against current returns
Autocorrelation, which is Gecina SA 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 Gecina SA's stock expected returns. We can calculate the autocorrelation of Gecina SA returns to help us make a trade decision. For example, suppose you find that Gecina SA 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 |
Gecina SA 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 Gecina SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gecina SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gecina SA stock over time.
Current vs Lagged Prices |
| Timeline |
Gecina SA Lagged Returns
When evaluating Gecina SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gecina SA stock have on its future price. Gecina SA 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, Gecina SA autocorrelation shows the relationship between Gecina SA stock current value and its past values and can show if there is a momentum factor associated with investing in Gecina SA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Gecina Stock
Gecina SA financial ratios help investors to determine whether Gecina 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 Gecina with respect to the benefits of owning Gecina SA security.