Glacier Media Stock Market Value
| GVC Stock | CAD 0.16 0.01 6.67% |
| Symbol | Glacier |
Glacier Media '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 Glacier Media'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 Glacier Media.
| 01/13/2023 |
| 01/02/2025 |
If you would invest 0.00 in Glacier Media on January 13, 2023 and sell it all today you would earn a total of 0.00 from holding Glacier Media or generate 0.0% return on investment in Glacier Media over 720 days. Glacier Media is related to or competes with Genesis Land, ADF, Madison Pacific, Goodfellow, and Helix BioPharma. Glacier Media Inc. operates as an information and marketing solutions company in Canada and the United States More
Glacier Media 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 Glacier Media'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 Glacier Media upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 13.3 | |||
| Information Ratio | 0.0953 | |||
| Maximum Drawdown | 59.65 | |||
| Value At Risk | (11.11) | |||
| Potential Upside | 12.5 |
Glacier Media Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Glacier Media's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Glacier Media's standard deviation. In reality, there are many statistical measures that can use Glacier Media historical prices to predict the future Glacier Media's volatility.| Risk Adjusted Performance | 0.0869 | |||
| Jensen Alpha | 0.7814 | |||
| Total Risk Alpha | 0.7668 | |||
| Sortino Ratio | 0.0588 | |||
| Treynor Ratio | 0.7015 |
Glacier Media Backtested Returns
Glacier Media appears to be out of control, given 3 months investment horizon. Glacier Media holds Efficiency (Sharpe) Ratio of 0.0967, which attests that the entity had a 0.0967% return per unit of standard deviation over the last 3 months. By evaluating Glacier Media's technical indicators, you can evaluate if the expected return of 0.79% is justified by implied risk. Please utilize Glacier Media's risk adjusted performance of 0.0869, and Market Risk Adjusted Performance of 0.7115 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Glacier Media holds a performance score of 7. The company retains a Market Volatility (i.e., Beta) of 1.12, which attests to a somewhat significant risk relative to the market. Glacier Media returns are very sensitive to returns on the market. As the market goes up or down, Glacier Media is expected to follow. Please check Glacier Media's sortino ratio, semi variance, and the relationship between the information ratio and value at risk , to make a quick decision on whether Glacier Media's current trending patterns will revert.
Auto-correlation | -0.29 |
Weak reverse predictability
Glacier Media has weak reverse predictability. Overlapping area represents the amount of predictability between Glacier Media time series from 13th of January 2023 to 8th of January 2024 and 8th of January 2024 to 2nd 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 Glacier Media price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current Glacier Media price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | -0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Glacier Media lagged returns against current returns
Autocorrelation, which is Glacier Media 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 Glacier Media's stock expected returns. We can calculate the autocorrelation of Glacier Media returns to help us make a trade decision. For example, suppose you find that Glacier Media 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 |
Glacier Media 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 Glacier Media stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Glacier Media stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Glacier Media stock over time.
Current vs Lagged Prices |
| Timeline |
Glacier Media Lagged Returns
When evaluating Glacier Media's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Glacier Media stock have on its future price. Glacier Media 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, Glacier Media autocorrelation shows the relationship between Glacier Media stock current value and its past values and can show if there is a momentum factor associated with investing in Glacier Media.
Regressed Prices |
| Timeline |
Pair Trading with Glacier Media
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Glacier Media position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Glacier Media will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Glacier Media could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Glacier Media when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Glacier Media - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Glacier Media to buy it.
The correlation of Glacier Media is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Glacier Media moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Glacier Media moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Glacier Media can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Glacier Stock
Glacier Media financial ratios help investors to determine whether Glacier 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 Glacier with respect to the benefits of owning Glacier Media security.