G8 EDUCATION (Germany) Market Value
| 3EAG Stock | EUR 0.82 0.02 2.50% |
| Symbol | 3EAG |
G8 EDUCATION '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 G8 EDUCATION'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 G8 EDUCATION.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in G8 EDUCATION on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding G8 EDUCATION or generate 0.0% return on investment in G8 EDUCATION over 30 days. G8 EDUCATION is related to or competes with EAT WELL, SLR Investment, SEI INVESTMENTS, New Residential, CapitaLand Investment, and Singapore Telecommunicatio. More
G8 EDUCATION 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 G8 EDUCATION'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 G8 EDUCATION upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.63 | |||
| Information Ratio | 0.0358 | |||
| Maximum Drawdown | 6.27 | |||
| Value At Risk | (2.38) | |||
| Potential Upside | 2.67 |
G8 EDUCATION Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for G8 EDUCATION's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as G8 EDUCATION's standard deviation. In reality, there are many statistical measures that can use G8 EDUCATION historical prices to predict the future G8 EDUCATION's volatility.| Risk Adjusted Performance | 0.093 | |||
| Jensen Alpha | 0.1768 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0365 | |||
| Treynor Ratio | 7.49 |
G8 EDUCATION Backtested Returns
At this point, G8 EDUCATION is very risky. G8 EDUCATION retains Efficiency (Sharpe Ratio) of 0.1, which attests that the company had a 0.1% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for G8 EDUCATION, which you can use to evaluate the volatility of the entity. Please check out G8 EDUCATION's Market Risk Adjusted Performance of 7.5, semi deviation of 1.2, and Standard Deviation of 1.66 to validate if the risk estimate we provide is consistent with the expected return of 0.17%. G8 EDUCATION has a performance score of 8 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of 0.024, which attests to not very significant fluctuations relative to the market. As returns on the market increase, G8 EDUCATION's returns are expected to increase less than the market. However, during the bear market, the loss of holding G8 EDUCATION is expected to be smaller as well. G8 EDUCATION today owns a risk of 1.66%. Please check out G8 EDUCATION market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if G8 EDUCATION will be following its current price history.
Auto-correlation | -0.24 |
Weak reverse predictability
G8 EDUCATION has weak reverse predictability. Overlapping area represents the amount of predictability between G8 EDUCATION time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th of November 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 G8 EDUCATION price movement. The serial correlation of -0.24 indicates that over 24.0% of current G8 EDUCATION price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.24 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
G8 EDUCATION lagged returns against current returns
Autocorrelation, which is G8 EDUCATION 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 G8 EDUCATION's stock expected returns. We can calculate the autocorrelation of G8 EDUCATION returns to help us make a trade decision. For example, suppose you find that G8 EDUCATION 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 |
G8 EDUCATION 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 G8 EDUCATION stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if G8 EDUCATION stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in G8 EDUCATION stock over time.
Current vs Lagged Prices |
| Timeline |
G8 EDUCATION Lagged Returns
When evaluating G8 EDUCATION's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of G8 EDUCATION stock have on its future price. G8 EDUCATION 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, G8 EDUCATION autocorrelation shows the relationship between G8 EDUCATION stock current value and its past values and can show if there is a momentum factor associated with investing in G8 EDUCATION.
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.Other Information on Investing in 3EAG Stock
G8 EDUCATION financial ratios help investors to determine whether 3EAG 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 3EAG with respect to the benefits of owning G8 EDUCATION security.