Greek Organization (Greece) Market Value

OPAP Stock  EUR 17.47  0.03  0.17%   
Greek Organization's market value is the price at which a share of Greek Organization trades on a public exchange. It measures the collective expectations of Greek Organization of investors about its performance. Greek Organization is selling for under 17.47 as of the 18th of March 2025; that is 0.17% down since the beginning of the trading day. The stock's last reported lowest price was 17.34.
With this module, you can estimate the performance of a buy and hold strategy of Greek Organization of and determine expected loss or profit from investing in Greek Organization over a given investment horizon. Check out Greek Organization Correlation, Greek Organization Volatility and Greek Organization Alpha and Beta module to complement your research on Greek Organization.
Symbol

Please note, there is a significant difference between Greek Organization's value and its price as these two are different measures arrived at by different means. Investors typically determine if Greek Organization is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greek Organization's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Greek Organization '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 Greek Organization'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 Greek Organization.
0.00
12/18/2024
No Change 0.00  0.0 
In 2 months and 31 days
03/18/2025
0.00
If you would invest  0.00  in Greek Organization on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding Greek Organization of or generate 0.0% return on investment in Greek Organization over 90 days. Greek Organization is related to or competes with Mytilineos, Hellenic Telecommunicatio, Motor Oil, Alpha Services, and Hellenic Petroleum. Greek Organization of Football Prognostics S.A., together with its subsidiaries, operates and manages numerical lottery ... More

Greek Organization 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 Greek Organization'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 Greek Organization of upside and downside potential and time the market with a certain degree of confidence.

Greek Organization Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Greek Organization's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Greek Organization's standard deviation. In reality, there are many statistical measures that can use Greek Organization historical prices to predict the future Greek Organization's volatility.
Hype
Prediction
LowEstimatedHigh
16.4017.4718.54
Details
Intrinsic
Valuation
LowRealHigh
15.7220.0121.08
Details

Greek Organization Backtested Returns

Currently, Greek Organization of is very steady. Greek Organization holds Efficiency (Sharpe) Ratio of 0.17, which attests that the entity had a 0.17 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Greek Organization, which you can use to evaluate the volatility of the firm. Please check out Greek Organization's Market Risk Adjusted Performance of 2.15, risk adjusted performance of 0.1289, and Downside Deviation of 1.05 to validate if the risk estimate we provide is consistent with the expected return of 0.19%. Greek Organization has a performance score of 13 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.0704, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Greek Organization's returns are expected to increase less than the market. However, during the bear market, the loss of holding Greek Organization is expected to be smaller as well. Greek Organization right now retains a risk of 1.07%. Please check out Greek Organization downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Greek Organization will be following its current trending patterns.

Auto-correlation

    
  0.46  

Average predictability

Greek Organization of has average predictability. Overlapping area represents the amount of predictability between Greek Organization time series from 18th of December 2024 to 1st of February 2025 and 1st of February 2025 to 18th 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 Greek Organization price movement. The serial correlation of 0.46 indicates that about 46.0% of current Greek Organization price fluctuation can be explain by its past prices.
Correlation Coefficient0.46
Spearman Rank Test0.66
Residual Average0.0
Price Variance0.06

Greek Organization lagged returns against current returns

Autocorrelation, which is Greek Organization 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 Greek Organization's stock expected returns. We can calculate the autocorrelation of Greek Organization returns to help us make a trade decision. For example, suppose you find that Greek Organization 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  

Greek Organization 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 Greek Organization stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Greek Organization stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Greek Organization stock over time.
   Current vs Lagged Prices   
       Timeline  

Greek Organization Lagged Returns

When evaluating Greek Organization's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Greek Organization stock have on its future price. Greek Organization 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, Greek Organization autocorrelation shows the relationship between Greek Organization stock current value and its past values and can show if there is a momentum factor associated with investing in Greek Organization of.
   Regressed Prices   
       Timeline  

Thematic Opportunities

Explore Investment Opportunities

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Additional Tools for Greek Stock Analysis

When running Greek Organization's price analysis, check to measure Greek Organization'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 Greek Organization is operating at the current time. Most of Greek Organization's value examination focuses on studying past and present price action to predict the probability of Greek Organization's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Greek Organization's price. Additionally, you may evaluate how the addition of Greek Organization to your portfolios can decrease your overall portfolio volatility.