Grindr Warrant Stock Market Value
| GRND-WT Stock | 5.93 0.79 15.37% |
| Symbol | Grindr |
Grindr Warrant Price To Book Ratio
Grindr Warrant '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 Grindr Warrant'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 Grindr Warrant.
| 11/17/2024 |
| 12/17/2024 |
If you would invest 0.00 in Grindr Warrant on November 17, 2024 and sell it all today you would earn a total of 0.00 from holding Grindr Warrant or generate 0.0% return on investment in Grindr Warrant over 30 days. Grindr Warrant is related to or competes with Copa Holdings, United Airlines, Delta Air, SkyWest, and Allegiant Travel. Grindr Warrant is entity of United States More
Grindr Warrant 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 Grindr Warrant'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 Grindr Warrant upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.4 | |||
| Information Ratio | 0.2075 | |||
| Maximum Drawdown | 27.81 | |||
| Value At Risk | (5.59) | |||
| Potential Upside | 10.75 |
Grindr Warrant Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grindr Warrant's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Grindr Warrant's standard deviation. In reality, there are many statistical measures that can use Grindr Warrant historical prices to predict the future Grindr Warrant's volatility.| Risk Adjusted Performance | 0.1697 | |||
| Jensen Alpha | 1.1 | |||
| Total Risk Alpha | 0.6404 | |||
| Sortino Ratio | 0.3341 | |||
| Treynor Ratio | 0.815 |
Grindr Warrant Backtested Returns
Grindr Warrant is unstable given 3 months investment horizon. Grindr Warrant holds Efficiency (Sharpe) Ratio of 0.21, which attests that the entity had a 0.21% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.18% are justified by taking the suggested risk. Use Grindr Warrant Market Risk Adjusted Performance of 0.825, risk adjusted performance of 0.1697, and Downside Deviation of 3.4 to evaluate company specific risk that cannot be diversified away. Grindr Warrant holds a performance score of 16 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 1.49, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Grindr Warrant will likely underperform. Use Grindr Warrant downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to analyze future returns on Grindr Warrant.
Auto-correlation | 0.38 |
Below average predictability
Grindr Warrant has below average predictability. Overlapping area represents the amount of predictability between Grindr Warrant time series from 17th of November 2024 to 2nd of December 2024 and 2nd of December 2024 to 17th 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 Grindr Warrant price movement. The serial correlation of 0.38 indicates that just about 38.0% of current Grindr Warrant price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | 0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Grindr Warrant lagged returns against current returns
Autocorrelation, which is Grindr Warrant 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 Grindr Warrant's stock expected returns. We can calculate the autocorrelation of Grindr Warrant returns to help us make a trade decision. For example, suppose you find that Grindr Warrant 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 |
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Grindr Warrant 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 Grindr Warrant stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Grindr Warrant stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Grindr Warrant stock over time.
Current vs Lagged Prices |
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Grindr Warrant Lagged Returns
When evaluating Grindr Warrant's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Grindr Warrant stock have on its future price. Grindr Warrant 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, Grindr Warrant autocorrelation shows the relationship between Grindr Warrant stock current value and its past values and can show if there is a momentum factor associated with investing in Grindr Warrant.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Grindr Stock Analysis
When running Grindr Warrant's price analysis, check to measure Grindr Warrant'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 Grindr Warrant is operating at the current time. Most of Grindr Warrant's value examination focuses on studying past and present price action to predict the probability of Grindr Warrant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grindr Warrant's price. Additionally, you may evaluate how the addition of Grindr Warrant to your portfolios can decrease your overall portfolio volatility.