Greenvale Energy (Australia) Market Value
| GRV Stock | 0.03 0 6.06% |
| Symbol | Greenvale |
Greenvale Energy '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 Greenvale Energy'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 Greenvale Energy.
| 12/02/2023 |
| 12/26/2024 |
If you would invest 0.00 in Greenvale Energy on December 2, 2023 and sell it all today you would earn a total of 0.00 from holding Greenvale Energy or generate 0.0% return on investment in Greenvale Energy over 390 days. Greenvale Energy is related to or competes with Westpac Banking, ABACUS STORAGE, Suncorp, Yancoal Australia, Peel Mining, Bendigo, and Capitol Health. Greenvale Energy is entity of Australia. It is traded as Stock on AU exchange. More
Greenvale Energy 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 Greenvale Energy'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 Greenvale Energy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.92 | |||
| Information Ratio | 0.0904 | |||
| Maximum Drawdown | 47.27 | |||
| Value At Risk | (7.69) | |||
| Potential Upside | 13.64 |
Greenvale Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Greenvale Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Greenvale Energy's standard deviation. In reality, there are many statistical measures that can use Greenvale Energy historical prices to predict the future Greenvale Energy's volatility.| Risk Adjusted Performance | 0.0861 | |||
| Jensen Alpha | 0.7049 | |||
| Total Risk Alpha | 0.3724 | |||
| Sortino Ratio | 0.0939 | |||
| Treynor Ratio | (1.17) |
Greenvale Energy Backtested Returns
Greenvale Energy appears to be out of control, given 3 months investment horizon. Greenvale Energy holds Efficiency (Sharpe) Ratio of 0.0803, which attests that the entity had a 0.0803% return per unit of risk over the last 3 months. By evaluating Greenvale Energy's technical indicators, you can evaluate if the expected return of 0.58% is justified by implied risk. Please utilize Greenvale Energy's Risk Adjusted Performance of 0.0861, market risk adjusted performance of (1.16), and Downside Deviation of 6.92 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Greenvale Energy holds a performance score of 6. The company retains a Market Volatility (i.e., Beta) of -0.58, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Greenvale Energy are expected to decrease at a much lower rate. During the bear market, Greenvale Energy is likely to outperform the market. Please check Greenvale Energy's coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to make a quick decision on whether Greenvale Energy's current trending patterns will revert.
Auto-correlation | 0.32 |
Below average predictability
Greenvale Energy has below average predictability. Overlapping area represents the amount of predictability between Greenvale Energy time series from 2nd of December 2023 to 14th of June 2024 and 14th of June 2024 to 26th 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 Greenvale Energy price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current Greenvale Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Greenvale Energy lagged returns against current returns
Autocorrelation, which is Greenvale Energy 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 Greenvale Energy's stock expected returns. We can calculate the autocorrelation of Greenvale Energy returns to help us make a trade decision. For example, suppose you find that Greenvale Energy 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 |
Greenvale Energy 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 Greenvale Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Greenvale Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Greenvale Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Greenvale Energy Lagged Returns
When evaluating Greenvale Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Greenvale Energy stock have on its future price. Greenvale Energy 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, Greenvale Energy autocorrelation shows the relationship between Greenvale Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Greenvale Energy.
Regressed Prices |
| Timeline |
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Additional Tools for Greenvale Stock Analysis
When running Greenvale Energy's price analysis, check to measure Greenvale Energy'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 Greenvale Energy is operating at the current time. Most of Greenvale Energy's value examination focuses on studying past and present price action to predict the probability of Greenvale Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Greenvale Energy's price. Additionally, you may evaluate how the addition of Greenvale Energy to your portfolios can decrease your overall portfolio volatility.