Grand Vision (UK) Market Value
| GVMH Stock | 0.98 0.00 0.00% |
| Symbol | Grand |
Grand Vision '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 Grand Vision'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 Grand Vision.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Grand Vision on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Grand Vision Media or generate 0.0% return on investment in Grand Vision over 540 days. Grand Vision is related to or competes with Mercantile Investment, United States, Veolia Environnement, Tatton Asset, Smithson Investment, JLEN Environmental, and Odyssean Investment. Grand Vision is entity of United Kingdom More
Grand Vision 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 Grand Vision'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 Grand Vision Media upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 27.41 |
Grand Vision Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grand Vision's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Grand Vision's standard deviation. In reality, there are many statistical measures that can use Grand Vision historical prices to predict the future Grand Vision's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.38) | |||
| Total Risk Alpha | (0.93) | |||
| Treynor Ratio | 1.19 |
Grand Vision Media Backtested Returns
Grand Vision Media holds Efficiency (Sharpe) Ratio of -0.12, which attests that the entity had a -0.12% return per unit of standard deviation over the last 3 months. Grand Vision Media exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Grand Vision's risk adjusted performance of (0.09), and Market Risk Adjusted Performance of 1.2 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.36, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Grand Vision are expected to decrease at a much lower rate. During the bear market, Grand Vision is likely to outperform the market. At this point, Grand Vision Media has a negative expected return of -0.43%. Please make sure to check out Grand Vision's coefficient of variation, variance, and the relationship between the mean deviation and standard deviation , to decide if Grand Vision Media performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.53 |
Good reverse predictability
Grand Vision Media has good reverse predictability. Overlapping area represents the amount of predictability between Grand Vision time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th of November 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 Grand Vision Media price movement. The serial correlation of -0.53 indicates that about 53.0% of current Grand Vision price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.53 | |
| Spearman Rank Test | -0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Grand Vision Media lagged returns against current returns
Autocorrelation, which is Grand Vision 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 Grand Vision's stock expected returns. We can calculate the autocorrelation of Grand Vision returns to help us make a trade decision. For example, suppose you find that Grand Vision 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 |
Grand Vision 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 Grand Vision stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Grand Vision stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Grand Vision stock over time.
Current vs Lagged Prices |
| Timeline |
Grand Vision Lagged Returns
When evaluating Grand Vision's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Grand Vision stock have on its future price. Grand Vision 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, Grand Vision autocorrelation shows the relationship between Grand Vision stock current value and its past values and can show if there is a momentum factor associated with investing in Grand Vision Media.
Regressed Prices |
| Timeline |
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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 Grand Stock Analysis
When running Grand Vision's price analysis, check to measure Grand Vision'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 Grand Vision is operating at the current time. Most of Grand Vision's value examination focuses on studying past and present price action to predict the probability of Grand Vision's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grand Vision's price. Additionally, you may evaluate how the addition of Grand Vision to your portfolios can decrease your overall portfolio volatility.