GEELY AUTOMOBILE (Germany) Market Value
| GRU Stock | EUR 2.09 0.09 4.50% |
| Symbol | GEELY |
GEELY AUTOMOBILE '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 GEELY AUTOMOBILE'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 GEELY AUTOMOBILE.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in GEELY AUTOMOBILE on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding GEELY AUTOMOBILE or generate 0.0% return on investment in GEELY AUTOMOBILE over 90 days. GEELY AUTOMOBILE is related to or competes with Singapore Telecommunicatio, MAVEN WIRELESS, ZhongAn Online, SBA Communications, and Spirent Communications. More
GEELY AUTOMOBILE 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 GEELY AUTOMOBILE'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 GEELY AUTOMOBILE upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.71 | |||
| Information Ratio | 0.1207 | |||
| Maximum Drawdown | 18.68 | |||
| Value At Risk | (5.19) | |||
| Potential Upside | 5.98 |
GEELY AUTOMOBILE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GEELY AUTOMOBILE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GEELY AUTOMOBILE's standard deviation. In reality, there are many statistical measures that can use GEELY AUTOMOBILE historical prices to predict the future GEELY AUTOMOBILE's volatility.| Risk Adjusted Performance | 0.0869 | |||
| Jensen Alpha | 0.3432 | |||
| Total Risk Alpha | 0.7211 | |||
| Sortino Ratio | 0.1099 | |||
| Treynor Ratio | 0.725 |
GEELY AUTOMOBILE Backtested Returns
GEELY AUTOMOBILE appears to be very risky, given 3 months investment horizon. GEELY AUTOMOBILE holds Efficiency (Sharpe) Ratio of 0.0798, which attests that the entity had a 0.0798 % return per unit of return volatility over the last 3 months. We have found twenty-nine technical indicators for GEELY AUTOMOBILE, which you can use to evaluate the volatility of the firm. Please utilize GEELY AUTOMOBILE's Risk Adjusted Performance of 0.0869, semi deviation of 3.16, and Market Risk Adjusted Performance of 0.735 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, GEELY AUTOMOBILE holds a performance score of 6. The company retains a Market Volatility (i.e., Beta) of 0.41, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, GEELY AUTOMOBILE's returns are expected to increase less than the market. However, during the bear market, the loss of holding GEELY AUTOMOBILE is expected to be smaller as well. Please check GEELY AUTOMOBILE's maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to make a quick decision on whether GEELY AUTOMOBILE's current trending patterns will revert.
Auto-correlation | -0.58 |
Good reverse predictability
GEELY AUTOMOBILE has good reverse predictability. Overlapping area represents the amount of predictability between GEELY AUTOMOBILE 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 GEELY AUTOMOBILE price movement. The serial correlation of -0.58 indicates that roughly 58.0% of current GEELY AUTOMOBILE price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.58 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
GEELY AUTOMOBILE lagged returns against current returns
Autocorrelation, which is GEELY AUTOMOBILE 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 GEELY AUTOMOBILE's stock expected returns. We can calculate the autocorrelation of GEELY AUTOMOBILE returns to help us make a trade decision. For example, suppose you find that GEELY AUTOMOBILE 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 |
GEELY AUTOMOBILE 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 GEELY AUTOMOBILE stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GEELY AUTOMOBILE stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GEELY AUTOMOBILE stock over time.
Current vs Lagged Prices |
| Timeline |
GEELY AUTOMOBILE Lagged Returns
When evaluating GEELY AUTOMOBILE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GEELY AUTOMOBILE stock have on its future price. GEELY AUTOMOBILE 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, GEELY AUTOMOBILE autocorrelation shows the relationship between GEELY AUTOMOBILE stock current value and its past values and can show if there is a momentum factor associated with investing in GEELY AUTOMOBILE.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for GEELY Stock Analysis
When running GEELY AUTOMOBILE's price analysis, check to measure GEELY AUTOMOBILE'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 GEELY AUTOMOBILE is operating at the current time. Most of GEELY AUTOMOBILE's value examination focuses on studying past and present price action to predict the probability of GEELY AUTOMOBILE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GEELY AUTOMOBILE's price. Additionally, you may evaluate how the addition of GEELY AUTOMOBILE to your portfolios can decrease your overall portfolio volatility.