Graphene Manufacturing Group Stock Market Value
| GMG Stock | 0.80 0.02 2.56% |
| Symbol | Graphene |
Graphene Manufacturing Price To Book Ratio
Graphene Manufacturing '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 Graphene Manufacturing'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 Graphene Manufacturing.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Graphene Manufacturing on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Graphene Manufacturing Group or generate 0.0% return on investment in Graphene Manufacturing over 90 days. Graphene Manufacturing is related to or competes with Graphene Manufacturing, ZEN Graphene, NanoXplore, Neo Battery, and Nano One. Arrowstar Resources Ltd. engages in the acquisition and exploration of resource properties in the United States and Canada. More
Graphene Manufacturing 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 Graphene Manufacturing'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 Graphene Manufacturing Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.49 | |||
| Information Ratio | 0.1086 | |||
| Maximum Drawdown | 43.01 | |||
| Value At Risk | (7.84) | |||
| Potential Upside | 14.74 |
Graphene Manufacturing Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Graphene Manufacturing's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Graphene Manufacturing's standard deviation. In reality, there are many statistical measures that can use Graphene Manufacturing historical prices to predict the future Graphene Manufacturing's volatility.| Risk Adjusted Performance | 0.0911 | |||
| Jensen Alpha | 0.7227 | |||
| Total Risk Alpha | 1.54 | |||
| Sortino Ratio | 0.1399 | |||
| Treynor Ratio | 1.12 |
Graphene Manufacturing Backtested Returns
Graphene Manufacturing appears to be out of control, given 3 months investment horizon. Graphene Manufacturing holds Efficiency (Sharpe) Ratio of 0.0977, which attests that the entity had a 0.0977 % return per unit of standard deviation over the last 3 months. By evaluating Graphene Manufacturing's technical indicators, you can evaluate if the expected return of 0.71% is justified by implied risk. Please utilize Graphene Manufacturing's risk adjusted performance of 0.0911, and Market Risk Adjusted Performance of 1.13 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Graphene Manufacturing holds a performance score of 7. The company retains a Market Volatility (i.e., Beta) of 0.59, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Graphene Manufacturing's returns are expected to increase less than the market. However, during the bear market, the loss of holding Graphene Manufacturing is expected to be smaller as well. Please check Graphene Manufacturing's value at risk, daily balance of power, and the relationship between the total risk alpha and expected short fall , to make a quick decision on whether Graphene Manufacturing's current trending patterns will revert.
Auto-correlation | -0.14 |
Insignificant reverse predictability
Graphene Manufacturing Group has insignificant reverse predictability. Overlapping area represents the amount of predictability between Graphene Manufacturing 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 Graphene Manufacturing price movement. The serial correlation of -0.14 indicates that less than 14.0% of current Graphene Manufacturing price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.14 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Graphene Manufacturing lagged returns against current returns
Autocorrelation, which is Graphene Manufacturing 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 Graphene Manufacturing's stock expected returns. We can calculate the autocorrelation of Graphene Manufacturing returns to help us make a trade decision. For example, suppose you find that Graphene Manufacturing 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 |
Graphene Manufacturing 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 Graphene Manufacturing stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Graphene Manufacturing stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Graphene Manufacturing stock over time.
Current vs Lagged Prices |
| Timeline |
Graphene Manufacturing Lagged Returns
When evaluating Graphene Manufacturing's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Graphene Manufacturing stock have on its future price. Graphene Manufacturing 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, Graphene Manufacturing autocorrelation shows the relationship between Graphene Manufacturing stock current value and its past values and can show if there is a momentum factor associated with investing in Graphene Manufacturing Group.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Graphene Stock Analysis
When running Graphene Manufacturing's price analysis, check to measure Graphene Manufacturing'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 Graphene Manufacturing is operating at the current time. Most of Graphene Manufacturing's value examination focuses on studying past and present price action to predict the probability of Graphene Manufacturing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Graphene Manufacturing's price. Additionally, you may evaluate how the addition of Graphene Manufacturing to your portfolios can decrease your overall portfolio volatility.