Greek Organization (Greece) Market Value
| OPAP Stock | EUR 17.47 0.03 0.17% |
| Symbol | Greek |
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.
| 12/18/2024 |
| 03/18/2025 |
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.
| Downside Deviation | 1.05 | |||
| Information Ratio | 0.2352 | |||
| Maximum Drawdown | 4.17 | |||
| Value At Risk | (1.48) | |||
| Potential Upside | 2.29 |
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.| Risk Adjusted Performance | 0.1289 | |||
| Jensen Alpha | 0.1586 | |||
| Total Risk Alpha | 0.2894 | |||
| Sortino Ratio | 0.2469 | |||
| Treynor Ratio | 2.14 |
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-eight technical indicators for Greek Organization, which you can use to evaluate the volatility of the firm. Please check out Greek Organization's Risk Adjusted Performance of 0.1289, downside deviation of 1.05, and Market Risk Adjusted Performance of 2.15 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 information ratio, total risk alpha, and 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 Coefficient | 0.46 | |
| Spearman Rank Test | 0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
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
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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.