Gedeon Richter (UK) Market Value
| 0QFP Stock | 5,040 0.00 0.00% |
| Symbol | Gedeon |
Gedeon Richter '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 Gedeon Richter'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 Gedeon Richter.
| 11/02/2024 |
| 01/31/2025 |
If you would invest 0.00 in Gedeon Richter on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Gedeon Richter PLC or generate 0.0% return on investment in Gedeon Richter over 90 days. Gedeon Richter is related to or competes with STMicroelectronics, Molson Coors, Vitec Software, Spotify Technology, DXC Technology, Southwest Airlines, and Fevertree Drinks. More
Gedeon Richter 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 Gedeon Richter'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 Gedeon Richter PLC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0823 | |||
| Maximum Drawdown | 166.83 | |||
| Potential Upside | 0.3567 |
Gedeon Richter Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gedeon Richter's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gedeon Richter's standard deviation. In reality, there are many statistical measures that can use Gedeon Richter historical prices to predict the future Gedeon Richter's volatility.| Risk Adjusted Performance | 0.082 | |||
| Jensen Alpha | 2.35 | |||
| Total Risk Alpha | (0.49) | |||
| Treynor Ratio | (0.44) |
Gedeon Richter PLC Backtested Returns
Gedeon Richter is very steady given 3 months investment horizon. Gedeon Richter PLC holds Efficiency (Sharpe) Ratio of 0.0867, which attests that the entity had a 0.0867 % return per unit of risk over the last 3 months. We are able to interpolate and collect twenty-one different technical indicators, which can help you to evaluate if expected returns of 1.96% are justified by taking the suggested risk. Use Gedeon Richter PLC Standard Deviation of 22.66, risk adjusted performance of 0.082, and Market Risk Adjusted Performance of (0.43) to evaluate company specific risk that cannot be diversified away. Gedeon Richter holds a performance score of 6 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -4.44, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Gedeon Richter are expected to decrease by larger amounts. On the other hand, during market turmoil, Gedeon Richter is expected to outperform it. Use Gedeon Richter PLC mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance , to analyze future returns on Gedeon Richter PLC.
Auto-correlation | -0.07 |
Very weak reverse predictability
Gedeon Richter PLC has very weak reverse predictability. Overlapping area represents the amount of predictability between Gedeon Richter time series from 2nd of November 2024 to 17th of December 2024 and 17th of December 2024 to 31st 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 Gedeon Richter PLC price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Gedeon Richter price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | 0.96 | |
| Residual Average | 0.0 | |
| Price Variance | 2 M |
Gedeon Richter PLC lagged returns against current returns
Autocorrelation, which is Gedeon Richter 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 Gedeon Richter's stock expected returns. We can calculate the autocorrelation of Gedeon Richter returns to help us make a trade decision. For example, suppose you find that Gedeon Richter 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 |
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Gedeon Richter 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 Gedeon Richter stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gedeon Richter stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gedeon Richter stock over time.
Current vs Lagged Prices |
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Gedeon Richter Lagged Returns
When evaluating Gedeon Richter's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gedeon Richter stock have on its future price. Gedeon Richter 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, Gedeon Richter autocorrelation shows the relationship between Gedeon Richter stock current value and its past values and can show if there is a momentum factor associated with investing in Gedeon Richter PLC.
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 Gedeon Stock Analysis
When running Gedeon Richter's price analysis, check to measure Gedeon Richter'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 Gedeon Richter is operating at the current time. Most of Gedeon Richter's value examination focuses on studying past and present price action to predict the probability of Gedeon Richter's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gedeon Richter's price. Additionally, you may evaluate how the addition of Gedeon Richter to your portfolios can decrease your overall portfolio volatility.