Greenroc Mining (UK) Market Value
| GROC Stock | 1.25 0.05 3.85% |
| Symbol | Greenroc |
Greenroc Mining '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 Greenroc Mining'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 Greenroc Mining.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Greenroc Mining on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Greenroc Mining PLC or generate 0.0% return on investment in Greenroc Mining over 90 days. Greenroc Mining is related to or competes with Impax Asset, Tetragon Financial, Erste Group, Sydbank, Playtech Plc, UNIQA Insurance, and Taiwan Semiconductor. Greenroc Mining is entity of United Kingdom More
Greenroc Mining 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 Greenroc Mining'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 Greenroc Mining PLC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 25.56 | |||
| Value At Risk | (3.85) | |||
| Potential Upside | 4.97 |
Greenroc Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Greenroc Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Greenroc Mining's standard deviation. In reality, there are many statistical measures that can use Greenroc Mining historical prices to predict the future Greenroc Mining's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.47) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (1.34) |
Greenroc Mining PLC Backtested Returns
Greenroc Mining PLC 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. Greenroc Mining PLC exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Greenroc Mining's Standard Deviation of 3.17, market risk adjusted performance of (1.33), and Risk Adjusted Performance of (0.13) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.38, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Greenroc Mining's returns are expected to increase less than the market. However, during the bear market, the loss of holding Greenroc Mining is expected to be smaller as well. At this point, Greenroc Mining PLC has a negative expected return of -0.58%. Please make sure to check out Greenroc Mining's coefficient of variation, jensen alpha, treynor ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if Greenroc Mining PLC performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.51 |
Good reverse predictability
Greenroc Mining PLC has good reverse predictability. Overlapping area represents the amount of predictability between Greenroc Mining 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 Greenroc Mining PLC price movement. The serial correlation of -0.51 indicates that about 51.0% of current Greenroc Mining price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Greenroc Mining PLC lagged returns against current returns
Autocorrelation, which is Greenroc Mining 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 Greenroc Mining's stock expected returns. We can calculate the autocorrelation of Greenroc Mining returns to help us make a trade decision. For example, suppose you find that Greenroc Mining 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 |
Greenroc Mining 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 Greenroc Mining stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Greenroc Mining stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Greenroc Mining stock over time.
Current vs Lagged Prices |
| Timeline |
Greenroc Mining Lagged Returns
When evaluating Greenroc Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Greenroc Mining stock have on its future price. Greenroc Mining 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, Greenroc Mining autocorrelation shows the relationship between Greenroc Mining stock current value and its past values and can show if there is a momentum factor associated with investing in Greenroc Mining PLC.
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.Additional Tools for Greenroc Stock Analysis
When running Greenroc Mining's price analysis, check to measure Greenroc Mining'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 Greenroc Mining is operating at the current time. Most of Greenroc Mining's value examination focuses on studying past and present price action to predict the probability of Greenroc Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Greenroc Mining's price. Additionally, you may evaluate how the addition of Greenroc Mining to your portfolios can decrease your overall portfolio volatility.