Glanbia Plc Stock Market Value
| GLAPF Stock | USD 14.80 0.00 0.00% |
| Symbol | Glanbia |
Glanbia Plc '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 Glanbia Plc's pink sheet 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 Glanbia Plc.
| 12/29/2022 |
| 12/18/2024 |
If you would invest 0.00 in Glanbia Plc on December 29, 2022 and sell it all today you would earn a total of 0.00 from holding Glanbia plc or generate 0.0% return on investment in Glanbia Plc over 720 days. Glanbia Plc is related to or competes with Greencore Group, Seneca Foods, Nestle SA, Lamb Weston, Kraft Heinz, Natures Sunshine, and Bridgford Foods. The company manufactures and sells sports nutrition and lifestyle nutrition products in various formats, including powde... More
Glanbia Plc 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 Glanbia Plc's pink sheet 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 Glanbia plc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 10.93 | |||
| Value At Risk | (2.41) |
Glanbia Plc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Glanbia Plc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Glanbia Plc's standard deviation. In reality, there are many statistical measures that can use Glanbia Plc historical prices to predict the future Glanbia Plc's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.30) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | (1.73) |
Glanbia plc Backtested Returns
Glanbia plc holds Efficiency (Sharpe) Ratio of -0.17, which attests that the entity had a -0.17% return per unit of standard deviation over the last 3 months. Glanbia plc exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Glanbia Plc's market risk adjusted performance of (1.72), and Risk Adjusted Performance of (0.11) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.17, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Glanbia Plc's returns are expected to increase less than the market. However, during the bear market, the loss of holding Glanbia Plc is expected to be smaller as well. At this point, Glanbia plc has a negative expected return of -0.29%. Please make sure to check out Glanbia Plc's standard deviation, as well as the relationship between the maximum drawdown and rate of daily change , to decide if Glanbia plc performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.12 |
Insignificant predictability
Glanbia plc has insignificant predictability. Overlapping area represents the amount of predictability between Glanbia Plc time series from 29th of December 2022 to 24th of December 2023 and 24th of December 2023 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 Glanbia plc price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Glanbia Plc price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.52 |
Glanbia plc lagged returns against current returns
Autocorrelation, which is Glanbia Plc pink sheet'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 Glanbia Plc's pink sheet expected returns. We can calculate the autocorrelation of Glanbia Plc returns to help us make a trade decision. For example, suppose you find that Glanbia Plc has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
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Glanbia Plc 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 Glanbia Plc pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Glanbia Plc pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Glanbia Plc pink sheet over time.
Current vs Lagged Prices |
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Glanbia Plc Lagged Returns
When evaluating Glanbia Plc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Glanbia Plc pink sheet have on its future price. Glanbia Plc 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, Glanbia Plc autocorrelation shows the relationship between Glanbia Plc pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Glanbia plc.
Regressed Prices |
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Currently Active Assets on Macroaxis
Other Information on Investing in Glanbia Pink Sheet
Glanbia Plc financial ratios help investors to determine whether Glanbia Pink Sheet 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 Glanbia with respect to the benefits of owning Glanbia Plc security.