Gabriel Holding (Denmark) Market Value
| GABR Stock | DKK 206.00 6.00 2.83% |
| Symbol | Gabriel |
Gabriel Holding '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 Gabriel Holding'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 Gabriel Holding.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Gabriel Holding on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Gabriel Holding or generate 0.0% return on investment in Gabriel Holding over 30 days. Gabriel Holding is related to or competes with SP Group, RTX AS, and HH International. Gabriel Holding AS develops, manufactures, and sells upholstery fabrics, components, upholstered surfaces, and related p... More
Gabriel Holding 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 Gabriel Holding'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 Gabriel Holding upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 26.37 | |||
| Value At Risk | (6.61) | |||
| Potential Upside | 2.94 |
Gabriel Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gabriel Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gabriel Holding's standard deviation. In reality, there are many statistical measures that can use Gabriel Holding historical prices to predict the future Gabriel Holding's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.77) | |||
| Treynor Ratio | 0.5013 |
Gabriel Holding Backtested Returns
Gabriel Holding holds Efficiency (Sharpe) Ratio of -0.068, which attests that the entity had a -0.068% return per unit of standard deviation over the last 3 months. Gabriel Holding exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gabriel Holding's market risk adjusted performance of 0.5113, and Risk Adjusted Performance of (0.04) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.48, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Gabriel Holding are expected to decrease at a much lower rate. During the bear market, Gabriel Holding is likely to outperform the market. At this point, Gabriel Holding has a negative expected return of -0.23%. Please make sure to check out Gabriel Holding's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Gabriel Holding performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.58 |
Modest predictability
Gabriel Holding has modest predictability. Overlapping area represents the amount of predictability between Gabriel Holding time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 Gabriel Holding price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current Gabriel Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.58 | |
| Spearman Rank Test | 0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 358.56 |
Gabriel Holding lagged returns against current returns
Autocorrelation, which is Gabriel Holding 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 Gabriel Holding's stock expected returns. We can calculate the autocorrelation of Gabriel Holding returns to help us make a trade decision. For example, suppose you find that Gabriel Holding 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 |
Gabriel Holding 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 Gabriel Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gabriel Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gabriel Holding stock over time.
Current vs Lagged Prices |
| Timeline |
Gabriel Holding Lagged Returns
When evaluating Gabriel Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gabriel Holding stock have on its future price. Gabriel Holding 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, Gabriel Holding autocorrelation shows the relationship between Gabriel Holding stock current value and its past values and can show if there is a momentum factor associated with investing in Gabriel Holding.
Regressed Prices |
| Timeline |
Pair Trading with Gabriel Holding
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Gabriel Holding position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Gabriel Holding will appreciate offsetting losses from the drop in the long position's value.Moving against Gabriel Stock
| 0.69 | MAERSK-B | AP Mller | PairCorr |
| 0.68 | MAERSK-A | AP Mller | PairCorr |
| 0.66 | BNORDIK-CSE | PF BankNordik | PairCorr |
| 0.64 | GRLA | Groenlandsbanken | PairCorr |
The ability to find closely correlated positions to Gabriel Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gabriel Holding when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Gabriel Holding - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Gabriel Holding to buy it.
The correlation of Gabriel Holding is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Gabriel Holding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gabriel Holding moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Gabriel Holding can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Gabriel Stock
Gabriel Holding financial ratios help investors to determine whether Gabriel 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 Gabriel with respect to the benefits of owning Gabriel Holding security.