GEODRILL NPV (Germany) Market Value
| 7GD Stock | EUR 1.93 0.01 0.52% |
| Symbol | GEODRILL |
GEODRILL NPV '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 GEODRILL NPV'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 GEODRILL NPV.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in GEODRILL NPV on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding GEODRILL NPV or generate 0.0% return on investment in GEODRILL NPV over 30 days. GEODRILL NPV is related to or competes with Brockhaus Capital, MOLSON COORS, Check Point, Jupiter Fund, Wayside Technology, China Resources, and X-FAB Silicon. More
GEODRILL NPV 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 GEODRILL NPV'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 GEODRILL NPV upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.45 | |||
| Information Ratio | 0.0424 | |||
| Maximum Drawdown | 8.89 | |||
| Value At Risk | (3.70) | |||
| Potential Upside | 3.64 |
GEODRILL NPV Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GEODRILL NPV's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GEODRILL NPV's standard deviation. In reality, there are many statistical measures that can use GEODRILL NPV historical prices to predict the future GEODRILL NPV's volatility.| Risk Adjusted Performance | 0.0838 | |||
| Jensen Alpha | 0.142 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.0389 | |||
| Treynor Ratio | 0.3519 |
GEODRILL NPV Backtested Returns
At this point, GEODRILL NPV is unstable. GEODRILL NPV holds Efficiency (Sharpe) Ratio of 0.0743, which attests that the entity had a 0.0743% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for GEODRILL NPV, which you can use to evaluate the volatility of the firm. Please check out GEODRILL NPV's market risk adjusted performance of 0.3619, and Risk Adjusted Performance of 0.0838 to validate if the risk estimate we provide is consistent with the expected return of 0.17%. GEODRILL NPV has a performance score of 5 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.61, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, GEODRILL NPV's returns are expected to increase less than the market. However, during the bear market, the loss of holding GEODRILL NPV is expected to be smaller as well. GEODRILL NPV now retains a risk of 2.24%. Please check out GEODRILL NPV coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the information ratio and total risk alpha , to decide if GEODRILL NPV will be following its current trending patterns.
Auto-correlation | 0.36 |
Below average predictability
GEODRILL NPV has below average predictability. Overlapping area represents the amount of predictability between GEODRILL NPV time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 GEODRILL NPV price movement. The serial correlation of 0.36 indicates that just about 36.0% of current GEODRILL NPV price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
GEODRILL NPV lagged returns against current returns
Autocorrelation, which is GEODRILL NPV 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 GEODRILL NPV's stock expected returns. We can calculate the autocorrelation of GEODRILL NPV returns to help us make a trade decision. For example, suppose you find that GEODRILL NPV 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 |
GEODRILL NPV 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 GEODRILL NPV stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GEODRILL NPV stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GEODRILL NPV stock over time.
Current vs Lagged Prices |
| Timeline |
GEODRILL NPV Lagged Returns
When evaluating GEODRILL NPV's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GEODRILL NPV stock have on its future price. GEODRILL NPV 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, GEODRILL NPV autocorrelation shows the relationship between GEODRILL NPV stock current value and its past values and can show if there is a momentum factor associated with investing in GEODRILL NPV.
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 GEODRILL Stock
GEODRILL NPV financial ratios help investors to determine whether GEODRILL 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 GEODRILL with respect to the benefits of owning GEODRILL NPV security.