Greater Than (Sweden) Market Value
| GREAT Stock | SEK 28.20 0.50 1.81% |
| Symbol | Greater |
Greater Than '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 Greater Than'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 Greater Than.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Greater Than on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Greater Than AB or generate 0.0% return on investment in Greater Than over 90 days. Greater Than is related to or competes with BIMobject, IAR Systems, FormPipe Software, Generic Sweden, and Smart Eye. Greater Than AB provides artificial intelligence to price risk per vehicle in real-time for auto insurance carriers and ... More
Greater Than 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 Greater Than'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 Greater Than AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0218 | |||
| Maximum Drawdown | 22.95 | |||
| Value At Risk | (6.64) | |||
| Potential Upside | 6.41 |
Greater Than Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Greater Than's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Greater Than's standard deviation. In reality, there are many statistical measures that can use Greater Than historical prices to predict the future Greater Than's volatility.| Risk Adjusted Performance | 0.0069 | |||
| Jensen Alpha | 0.0707 | |||
| Total Risk Alpha | 0.5244 | |||
| Treynor Ratio | (0.02) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Greater Than's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Greater Than AB Backtested Returns
Greater Than AB holds Efficiency (Sharpe) Ratio of -0.0206, which attests that the entity had a -0.0206 % return per unit of risk over the last 3 months. Greater Than AB exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Greater Than's Market Risk Adjusted Performance of (0.01), standard deviation of 4.31, and Risk Adjusted Performance of 0.0069 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.79, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Greater Than's returns are expected to increase less than the market. However, during the bear market, the loss of holding Greater Than is expected to be smaller as well. At this point, Greater Than AB has a negative expected return of -0.0858%. Please make sure to check out Greater Than's total risk alpha, as well as the relationship between the kurtosis and price action indicator , to decide if Greater Than AB performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.68 |
Very good reverse predictability
Greater Than AB has very good reverse predictability. Overlapping area represents the amount of predictability between Greater Than 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 Greater Than AB price movement. The serial correlation of -0.68 indicates that around 68.0% of current Greater Than price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.68 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 6.68 |
Greater Than AB lagged returns against current returns
Autocorrelation, which is Greater Than 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 Greater Than's stock expected returns. We can calculate the autocorrelation of Greater Than returns to help us make a trade decision. For example, suppose you find that Greater Than 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 |
Greater Than 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 Greater Than stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Greater Than stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Greater Than stock over time.
Current vs Lagged Prices |
| Timeline |
Greater Than Lagged Returns
When evaluating Greater Than's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Greater Than stock have on its future price. Greater Than 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, Greater Than autocorrelation shows the relationship between Greater Than stock current value and its past values and can show if there is a momentum factor associated with investing in Greater Than AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Greater Stock Analysis
When running Greater Than's price analysis, check to measure Greater Than'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 Greater Than is operating at the current time. Most of Greater Than's value examination focuses on studying past and present price action to predict the probability of Greater Than's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Greater Than's price. Additionally, you may evaluate how the addition of Greater Than to your portfolios can decrease your overall portfolio volatility.