GIMV NV (Belgium) Market Value
| GIMB Stock | EUR 37.95 0.30 0.80% |
| Symbol | GIMV |
GIMV NV '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 GIMV NV'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 GIMV NV.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in GIMV NV on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding GIMV NV or generate 0.0% return on investment in GIMV NV over 90 days. GIMV NV is related to or competes with Groep Brussel, Ackermans Van, Sofina Socit, Brederode, and Ageas SANV. GIMV NV is a private equity and venture capital firm specializing in direct and fund of funds investments More
GIMV NV 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 GIMV NV'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 GIMV NV upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0302 | |||
| Maximum Drawdown | 6.92 | |||
| Value At Risk | (2.54) | |||
| Potential Upside | 1.79 |
GIMV NV Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GIMV NV's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GIMV NV's standard deviation. In reality, there are many statistical measures that can use GIMV NV historical prices to predict the future GIMV NV's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | 0.0922 | |||
| Treynor Ratio | (1.68) |
GIMV NV Backtested Returns
GIMV NV holds Efficiency (Sharpe) Ratio of -0.0389, which attests that the entity had a -0.0389 % return per unit of risk over the last 3 months. GIMV NV exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GIMV NV's Risk Adjusted Performance of (0.04), coefficient of variation of (2,160), 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 0.0416, which attests to not very significant fluctuations relative to the market. As returns on the market increase, GIMV NV's returns are expected to increase less than the market. However, during the bear market, the loss of holding GIMV NV is expected to be smaller as well. At this point, GIMV NV has a negative expected return of -0.051%. Please make sure to check out GIMV NV's total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if GIMV NV performance from the past will be repeated in the future.
Auto-correlation | -0.28 |
Weak reverse predictability
GIMV NV has weak reverse predictability. Overlapping area represents the amount of predictability between GIMV NV time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 GIMV NV price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current GIMV NV price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.28 | |
| Spearman Rank Test | -0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 0.35 |
GIMV NV lagged returns against current returns
Autocorrelation, which is GIMV NV 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 GIMV NV's stock expected returns. We can calculate the autocorrelation of GIMV NV returns to help us make a trade decision. For example, suppose you find that GIMV NV 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 |
GIMV NV 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 GIMV NV stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GIMV NV stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GIMV NV stock over time.
Current vs Lagged Prices |
| Timeline |
GIMV NV Lagged Returns
When evaluating GIMV NV's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GIMV NV stock have on its future price. GIMV NV 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, GIMV NV autocorrelation shows the relationship between GIMV NV stock current value and its past values and can show if there is a momentum factor associated with investing in GIMV NV.
Regressed Prices |
| Timeline |
Pair Trading with GIMV NV
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if GIMV NV position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in GIMV NV will appreciate offsetting losses from the drop in the long position's value.Moving against GIMV Stock
| 0.75 | SOF | Sofina Socit Anonyme | PairCorr |
| 0.75 | QFG | Quest For Growth | PairCorr |
| 0.64 | KBCA | KBC Ancora | PairCorr |
| 0.6 | GBLB | Groep Brussel Lambert | PairCorr |
| 0.59 | TITC | Titan Cement Interna | PairCorr |
The ability to find closely correlated positions to GIMV NV could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GIMV NV when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back GIMV NV - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling GIMV NV to buy it.
The correlation of GIMV NV is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as GIMV NV moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GIMV NV moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for GIMV NV can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for GIMV Stock Analysis
When running GIMV NV's price analysis, check to measure GIMV NV'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 GIMV NV is operating at the current time. Most of GIMV NV's value examination focuses on studying past and present price action to predict the probability of GIMV NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GIMV NV's price. Additionally, you may evaluate how the addition of GIMV NV to your portfolios can decrease your overall portfolio volatility.