Grifols SA (Spain) Market Value
| GRF Stock | EUR 9.39 0.15 1.62% |
| Symbol | Grifols |
Grifols SA '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 Grifols SA'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 Grifols SA.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Grifols SA on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Grifols SA or generate 0.0% return on investment in Grifols SA over 90 days. Grifols SA is related to or competes with ACS Actividades, Acerinox, Ferrovial, International Consolidated, and Cellnex Telecom. Grifols, S.A. engages in the procurement, manufacture, preparation, and sale of therapeutic products primarily hemoderiv... More
Grifols SA 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 Grifols SA'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 Grifols SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0258 | |||
| Maximum Drawdown | 20.7 | |||
| Value At Risk | (3.36) | |||
| Potential Upside | 3.17 |
Grifols SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grifols SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Grifols SA's standard deviation. In reality, there are many statistical measures that can use Grifols SA historical prices to predict the future Grifols SA's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | 0.2999 | |||
| Treynor Ratio | (0.21) |
Grifols SA Backtested Returns
Grifols SA holds Efficiency (Sharpe) Ratio of -0.0108, which attests that the entity had a -0.0108 % return per unit of risk over the last 3 months. Grifols SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Grifols SA's insignificant Risk Adjusted Performance, standard deviation of 2.71, and Market Risk Adjusted Performance of (0.20) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.19, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Grifols SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Grifols SA is expected to be smaller as well. At this point, Grifols SA has a negative expected return of -0.0292%. Please make sure to check out Grifols SA's value at risk, accumulation distribution, and the relationship between the treynor ratio and skewness , to decide if Grifols SA performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.55 |
Good reverse predictability
Grifols SA has good reverse predictability. Overlapping area represents the amount of predictability between Grifols SA time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Grifols SA price movement. The serial correlation of -0.55 indicates that about 55.0% of current Grifols SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.55 | |
| Spearman Rank Test | -0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 0.77 |
Grifols SA lagged returns against current returns
Autocorrelation, which is Grifols SA 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 Grifols SA's stock expected returns. We can calculate the autocorrelation of Grifols SA returns to help us make a trade decision. For example, suppose you find that Grifols SA 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 |
Grifols SA 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 Grifols SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Grifols SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Grifols SA stock over time.
Current vs Lagged Prices |
| Timeline |
Grifols SA Lagged Returns
When evaluating Grifols SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Grifols SA stock have on its future price. Grifols SA 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, Grifols SA autocorrelation shows the relationship between Grifols SA stock current value and its past values and can show if there is a momentum factor associated with investing in Grifols SA.
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.Other Information on Investing in Grifols Stock
Grifols SA financial ratios help investors to determine whether Grifols Stock 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 Grifols with respect to the benefits of owning Grifols SA security.