Geely Automobile's market value is the price at which a share of Geely Automobile trades on a public exchange. It measures the collective expectations of Geely Automobile Holdings investors about its performance. Geely Automobile is selling for under 15.00 as of the 15th of January 2025; that is No Change since the beginning of the trading day. The stock's lowest day price was 11.2. With this module, you can estimate the performance of a buy and hold strategy of Geely Automobile Holdings and determine expected loss or profit from investing in Geely Automobile over a given investment horizon. Check out Geely Automobile Correlation, Geely Automobile Volatility and Geely Automobile Alpha and Beta module to complement your research on Geely Automobile.
Please note, there is a significant difference between Geely Automobile's value and its price as these two are different measures arrived at by different means. Investors typically determine if Geely Automobile is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Geely Automobile'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.
Geely Automobile '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 Geely Automobile'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 Geely Automobile.
0.00
01/26/2023
No Change 0.00
0.0
In 1 year 11 months and 22 days
01/15/2025
0.00
If you would invest 0.00 in Geely Automobile on January 26, 2023 and sell it all today you would earn a total of 0.00 from holding Geely Automobile Holdings or generate 0.0% return on investment in Geely Automobile over 720 days. Geely Automobile is related to or competes with Walmart, BYD, Volkswagen, Volkswagen, Deutsche Post, Compass Group, and United Parcel. Geely Automobile is entity of United Kingdom More
Geely Automobile 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 Geely Automobile'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 Geely Automobile Holdings upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Geely Automobile's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Geely Automobile's standard deviation. In reality, there are many statistical measures that can use Geely Automobile historical prices to predict the future Geely Automobile's volatility.
Currently, Geely Automobile Holdings is somewhat reliable. Geely Automobile Holdings holds Efficiency (Sharpe) Ratio of 0.0212, which attests that the entity had a 0.0212% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Geely Automobile Holdings, which you can use to evaluate the volatility of the firm. Please check out Geely Automobile's Downside Deviation of 7.55, risk adjusted performance of 0.0302, and Market Risk Adjusted Performance of 0.2627 to validate if the risk estimate we provide is consistent with the expected return of 0.0904%. Geely Automobile has a performance score of 1 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.54, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Geely Automobile's returns are expected to increase less than the market. However, during the bear market, the loss of holding Geely Automobile is expected to be smaller as well. Geely Automobile Holdings right now retains a risk of 4.27%. Please check out Geely Automobile mean deviation, downside deviation, information ratio, as well as the relationship between the semi deviation and coefficient of variation , to decide if Geely Automobile will be following its current trending patterns.
Auto-correlation
-0.44
Modest reverse predictability
Geely Automobile Holdings has modest reverse predictability. Overlapping area represents the amount of predictability between Geely Automobile time series from 26th of January 2023 to 21st of January 2024 and 21st of January 2024 to 15th 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 Geely Automobile Holdings price movement. The serial correlation of -0.44 indicates that just about 44.0% of current Geely Automobile price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.44
Spearman Rank Test
-0.47
Residual Average
0.0
Price Variance
9.34
Geely Automobile Holdings lagged returns against current returns
Autocorrelation, which is Geely Automobile 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 Geely Automobile's stock expected returns. We can calculate the autocorrelation of Geely Automobile returns to help us make a trade decision. For example, suppose you find that Geely Automobile 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
Geely Automobile 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 Geely Automobile stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Geely Automobile stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Geely Automobile stock over time.
Current vs Lagged Prices
Timeline
Geely Automobile Lagged Returns
When evaluating Geely Automobile's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Geely Automobile stock have on its future price. Geely Automobile 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, Geely Automobile autocorrelation shows the relationship between Geely Automobile stock current value and its past values and can show if there is a momentum factor associated with investing in Geely Automobile Holdings.
Regressed Prices
Timeline
Also Currently Popular
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.
When running Geely Automobile's price analysis, check to measure Geely Automobile'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 Geely Automobile is operating at the current time. Most of Geely Automobile's value examination focuses on studying past and present price action to predict the probability of Geely Automobile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Geely Automobile's price. Additionally, you may evaluate how the addition of Geely Automobile to your portfolios can decrease your overall portfolio volatility.