GENTING SG (Germany) Market Value
| 36T Stock | EUR 0.52 0.04 7.14% |
| Symbol | GENTING |
GENTING SG '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 GENTING SG'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 GENTING SG.
| 09/03/2024 |
| 12/02/2024 |
If you would invest 0.00 in GENTING SG on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding GENTING SG LTD or generate 0.0% return on investment in GENTING SG over 90 days. GENTING SG is related to or competes with Ares Management, SPORTING, TITANIUM TRANSPORTGROUP, EHEALTH, Global Ship, Sims Metal, and USWE SPORTS. Genting Singapore Limited engages in the development, management, and operation of integrated resort destinations in Asi... More
GENTING SG 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 GENTING SG'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 GENTING SG LTD upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 14.29 | |||
| Value At Risk | (3.57) | |||
| Potential Upside | 5.08 |
GENTING SG Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GENTING SG's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GENTING SG's standard deviation. In reality, there are many statistical measures that can use GENTING SG historical prices to predict the future GENTING SG's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.51) | |||
| Treynor Ratio | 0.1865 |
GENTING SG LTD Backtested Returns
GENTING SG LTD holds Efficiency (Sharpe) Ratio of -0.0335, which attests that the entity had a -0.0335% return per unit of risk over the last 3 months. GENTING SG LTD exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GENTING SG's Market Risk Adjusted Performance of 0.1965, risk adjusted performance of (0.02), and Coefficient Of Variation of (2,983) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.5, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning GENTING SG are expected to decrease at a much lower rate. During the bear market, GENTING SG is likely to outperform the market. At this point, GENTING SG LTD has a negative expected return of -0.0834%. Please make sure to check out GENTING SG's jensen alpha, treynor ratio, and the relationship between the information ratio and total risk alpha , to decide if GENTING SG LTD performance from the past will be repeated in the future.
Auto-correlation | -0.7 |
Very good reverse predictability
GENTING SG LTD has very good reverse predictability. Overlapping area represents the amount of predictability between GENTING SG time series from 3rd of September 2024 to 18th of October 2024 and 18th of October 2024 to 2nd of December 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 GENTING SG LTD price movement. The serial correlation of -0.7 indicates that around 70.0% of current GENTING SG price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.7 | |
| Spearman Rank Test | -0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
GENTING SG LTD lagged returns against current returns
Autocorrelation, which is GENTING SG 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 GENTING SG's stock expected returns. We can calculate the autocorrelation of GENTING SG returns to help us make a trade decision. For example, suppose you find that GENTING SG 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 |
GENTING SG 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 GENTING SG stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GENTING SG stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GENTING SG stock over time.
Current vs Lagged Prices |
| Timeline |
GENTING SG Lagged Returns
When evaluating GENTING SG's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GENTING SG stock have on its future price. GENTING SG 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, GENTING SG autocorrelation shows the relationship between GENTING SG stock current value and its past values and can show if there is a momentum factor associated with investing in GENTING SG LTD.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in GENTING Stock
GENTING SG financial ratios help investors to determine whether GENTING Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in GENTING with respect to the benefits of owning GENTING SG security.