Grandblue Environment (China) Market Value
| 600323 Stock | 21.26 0.03 0.14% |
| Symbol | Grandblue |
Grandblue Environment '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 Grandblue Environment'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 Grandblue Environment.
| 02/06/2025 |
| 03/08/2025 |
If you would invest 0.00 in Grandblue Environment on February 6, 2025 and sell it all today you would earn a total of 0.00 from holding Grandblue Environment Co or generate 0.0% return on investment in Grandblue Environment over 30 days. Grandblue Environment is related to or competes with Hygon Information, Xinjiang Sailing, Digital China, Anji Foodstuff, Guilin Seamild, and Jiamei Food. Grandblue Environment is entity of China More
Grandblue Environment 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 Grandblue Environment'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 Grandblue Environment Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.045 | |||
| Maximum Drawdown | 7.67 | |||
| Value At Risk | (1.99) | |||
| Potential Upside | 2.69 |
Grandblue Environment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grandblue Environment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Grandblue Environment's standard deviation. In reality, there are many statistical measures that can use Grandblue Environment historical prices to predict the future Grandblue Environment's volatility.| Risk Adjusted Performance | 0.0051 | |||
| Jensen Alpha | 0.0036 | |||
| Total Risk Alpha | 0.1798 | |||
| Treynor Ratio | (0.07) |
Grandblue Environment Backtested Returns
Grandblue Environment holds Efficiency (Sharpe) Ratio of -0.046, which attests that the entity had a -0.046 % return per unit of standard deviation over the last 3 months. Grandblue Environment exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Grandblue Environment's market risk adjusted performance of (0.06), and Risk Adjusted Performance of 0.0051 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.16, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Grandblue Environment's returns are expected to increase less than the market. However, during the bear market, the loss of holding Grandblue Environment is expected to be smaller as well. At this point, Grandblue Environment has a negative expected return of -0.081%. Please make sure to check out Grandblue Environment's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Grandblue Environment performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.39 |
Below average predictability
Grandblue Environment Co has below average predictability. Overlapping area represents the amount of predictability between Grandblue Environment time series from 6th of February 2025 to 21st of February 2025 and 21st of February 2025 to 8th 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 Grandblue Environment price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Grandblue Environment price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.29 |
Grandblue Environment lagged returns against current returns
Autocorrelation, which is Grandblue Environment 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 Grandblue Environment's stock expected returns. We can calculate the autocorrelation of Grandblue Environment returns to help us make a trade decision. For example, suppose you find that Grandblue Environment 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 |
Grandblue Environment 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 Grandblue Environment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Grandblue Environment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Grandblue Environment stock over time.
Current vs Lagged Prices |
| Timeline |
Grandblue Environment Lagged Returns
When evaluating Grandblue Environment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Grandblue Environment stock have on its future price. Grandblue Environment 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, Grandblue Environment autocorrelation shows the relationship between Grandblue Environment stock current value and its past values and can show if there is a momentum factor associated with investing in Grandblue Environment Co.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Grandblue Stock
Grandblue Environment financial ratios help investors to determine whether Grandblue 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 Grandblue with respect to the benefits of owning Grandblue Environment security.