Gestamp Automocin (Germany) Market Value
| 7GA Stock | 2.53 0.04 1.56% |
| Symbol | Gestamp |
Gestamp Automocin '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 Gestamp Automocin'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 Gestamp Automocin.
| 06/01/2024 |
| 11/28/2024 |
If you would invest 0.00 in Gestamp Automocin on June 1, 2024 and sell it all today you would earn a total of 0.00 from holding Gestamp Automocin SA or generate 0.0% return on investment in Gestamp Automocin over 180 days. Gestamp Automocin is related to or competes with MCEWEN MINING, Strategic Investments, Gladstone Investment, EAT WELL, Virtus Investment, WisdomTree Investments, and SLR Investment. More
Gestamp Automocin 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 Gestamp Automocin'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 Gestamp Automocin SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 14.18 | |||
| Value At Risk | (3.53) | |||
| Potential Upside | 4.1 |
Gestamp Automocin Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gestamp Automocin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gestamp Automocin's standard deviation. In reality, there are many statistical measures that can use Gestamp Automocin historical prices to predict the future Gestamp Automocin's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | (0.17) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Gestamp Automocin's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Gestamp Automocin Backtested Returns
Currently, Gestamp Automocin SA is relatively risky. Gestamp Automocin holds Efficiency (Sharpe) Ratio of 0.0084, which attests that the entity had a 0.0084% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Gestamp Automocin, which you can use to evaluate the volatility of the firm. Please check out Gestamp Automocin's Risk Adjusted Performance of (0.01), standard deviation of 2.49, and Market Risk Adjusted Performance of (0.16) to validate if the risk estimate we provide is consistent with the expected return of 0.0191%. The company retains a Market Volatility (i.e., Beta) of 0.39, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Gestamp Automocin's returns are expected to increase less than the market. However, during the bear market, the loss of holding Gestamp Automocin is expected to be smaller as well. Gestamp Automocin right now retains a risk of 2.27%. Please check out Gestamp Automocin skewness, and the relationship between the total risk alpha and rate of daily change , to decide if Gestamp Automocin will be following its current trending patterns.
Auto-correlation | -0.04 |
Very weak reverse predictability
Gestamp Automocin SA has very weak reverse predictability. Overlapping area represents the amount of predictability between Gestamp Automocin time series from 1st of June 2024 to 30th of August 2024 and 30th of August 2024 to 28th 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 Gestamp Automocin price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current Gestamp Automocin price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.04 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Gestamp Automocin lagged returns against current returns
Autocorrelation, which is Gestamp Automocin 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 Gestamp Automocin's stock expected returns. We can calculate the autocorrelation of Gestamp Automocin returns to help us make a trade decision. For example, suppose you find that Gestamp Automocin 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 |
Gestamp Automocin 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 Gestamp Automocin stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gestamp Automocin stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gestamp Automocin stock over time.
Current vs Lagged Prices |
| Timeline |
Gestamp Automocin Lagged Returns
When evaluating Gestamp Automocin's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gestamp Automocin stock have on its future price. Gestamp Automocin 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, Gestamp Automocin autocorrelation shows the relationship between Gestamp Automocin stock current value and its past values and can show if there is a momentum factor associated with investing in Gestamp Automocin SA.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Gestamp Stock Analysis
When running Gestamp Automocin's price analysis, check to measure Gestamp Automocin'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 Gestamp Automocin is operating at the current time. Most of Gestamp Automocin's value examination focuses on studying past and present price action to predict the probability of Gestamp Automocin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gestamp Automocin's price. Additionally, you may evaluate how the addition of Gestamp Automocin to your portfolios can decrease your overall portfolio volatility.