Grimoldi's market value is the price at which a share of Grimoldi trades on a public exchange. It measures the collective expectations of Grimoldi SA investors about its performance. Grimoldi is trading at 1400.00 as of the 9th of January 2025, a 0.71% down since the beginning of the trading day. The stock's open price was 1410.0. With this module, you can estimate the performance of a buy and hold strategy of Grimoldi SA and determine expected loss or profit from investing in Grimoldi over a given investment horizon. Check out Grimoldi Correlation, Grimoldi Volatility and Grimoldi Alpha and Beta module to complement your research on Grimoldi.
Please note, there is a significant difference between Grimoldi's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grimoldi is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grimoldi's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Grimoldi '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 Grimoldi'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 Grimoldi.
0.00
01/20/2023
No Change 0.00
0.0
In 1 year 11 months and 21 days
01/09/2025
0.00
If you would invest 0.00 in Grimoldi on January 20, 2023 and sell it all today you would earn a total of 0.00 from holding Grimoldi SA or generate 0.0% return on investment in Grimoldi over 720 days. Grimoldi is related to or competes with Telecom Argentina, Agrometal SAI, Compania, and Transportadora. Grimoldi S.A. manufactures and sells footwear, accessories, and dress items for men, women, and children More
Grimoldi 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 Grimoldi'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 Grimoldi SA 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 Grimoldi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Grimoldi's standard deviation. In reality, there are many statistical measures that can use Grimoldi historical prices to predict the future Grimoldi's volatility.
Grimoldi appears to be very steady, given 3 months investment horizon. Grimoldi SA holds Efficiency (Sharpe) Ratio of 0.18, which attests that the entity had a 0.18% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Grimoldi SA, which you can use to evaluate the volatility of the firm. Please utilize Grimoldi's Market Risk Adjusted Performance of (0.73), risk adjusted performance of 0.1044, and Downside Deviation of 2.43 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Grimoldi holds a performance score of 13. The company retains a Market Volatility (i.e., Beta) of -0.36, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Grimoldi are expected to decrease at a much lower rate. During the bear market, Grimoldi is likely to outperform the market. Please check Grimoldi's downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Grimoldi's current trending patterns will revert.
Auto-correlation
0.70
Good predictability
Grimoldi SA has good predictability. Overlapping area represents the amount of predictability between Grimoldi time series from 20th of January 2023 to 15th of January 2024 and 15th of January 2024 to 9th of January 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 Grimoldi SA price movement. The serial correlation of 0.7 indicates that around 70.0% of current Grimoldi price fluctuation can be explain by its past prices.
Correlation Coefficient
0.7
Spearman Rank Test
0.68
Residual Average
0.0
Price Variance
29.9 K
Grimoldi SA lagged returns against current returns
Autocorrelation, which is Grimoldi 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 Grimoldi's stock expected returns. We can calculate the autocorrelation of Grimoldi returns to help us make a trade decision. For example, suppose you find that Grimoldi 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
Grimoldi 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 Grimoldi stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Grimoldi stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Grimoldi stock over time.
Current vs Lagged Prices
Timeline
Grimoldi Lagged Returns
When evaluating Grimoldi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Grimoldi stock have on its future price. Grimoldi 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, Grimoldi autocorrelation shows the relationship between Grimoldi stock current value and its past values and can show if there is a momentum factor associated with investing in Grimoldi 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.
Grimoldi financial ratios help investors to determine whether Grimoldi 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 Grimoldi with respect to the benefits of owning Grimoldi security.