Grand Investment's market value is the price at which a share of Grand Investment trades on a public exchange. It measures the collective expectations of Grand Investment Capital investors about its performance. Grand Investment is trading at 9.46 as of the 14th of December 2024. This is a 3.73 percent up since the beginning of the trading day. The stock's lowest day price was 9.16. With this module, you can estimate the performance of a buy and hold strategy of Grand Investment Capital and determine expected loss or profit from investing in Grand Investment over a given investment horizon. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
Grand
Grand Investment '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 Grand Investment'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 Grand Investment.
0.00
11/14/2024
No Change 0.00
0.0
In 30 days
12/14/2024
0.00
If you would invest 0.00 in Grand Investment on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding Grand Investment Capital or generate 0.0% return on investment in Grand Investment over 30 days.
Grand Investment 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 Grand Investment'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 Grand Investment Capital upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grand Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Grand Investment's standard deviation. In reality, there are many statistical measures that can use Grand Investment historical prices to predict the future Grand Investment's volatility.
Grand Investment Capital holds Efficiency (Sharpe) Ratio of -0.11, which attests that the entity had a -0.11% return per unit of standard deviation over the last 3 months. Grand Investment Capital exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Grand Investment's risk adjusted performance of 0.0877, and Market Risk Adjusted Performance of (1.84) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.3, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Grand Investment are expected to decrease at a much lower rate. During the bear market, Grand Investment is likely to outperform the market. At this point, Grand Investment Capital has a negative expected return of -0.33%. Please make sure to check out Grand Investment's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if Grand Investment Capital performance from the past will be repeated at some point in the near future.
Auto-correlation
-0.77
Almost perfect reverse predictability
Grand Investment Capital has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Grand Investment time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th 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 Grand Investment Capital price movement. The serial correlation of -0.77 indicates that around 77.0% of current Grand Investment price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.77
Spearman Rank Test
-0.85
Residual Average
0.0
Price Variance
0.05
Grand Investment Capital lagged returns against current returns
Autocorrelation, which is Grand Investment 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 Grand Investment's stock expected returns. We can calculate the autocorrelation of Grand Investment returns to help us make a trade decision. For example, suppose you find that Grand Investment 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
Grand Investment 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 Grand Investment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Grand Investment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Grand Investment stock over time.
Current vs Lagged Prices
Timeline
Grand Investment Lagged Returns
When evaluating Grand Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Grand Investment stock have on its future price. Grand Investment 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, Grand Investment autocorrelation shows the relationship between Grand Investment stock current value and its past values and can show if there is a momentum factor associated with investing in Grand Investment Capital.
Regressed Prices
Timeline
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.