Grupo Catalana (Spain) Market Value
| GCO Stock | EUR 36.45 0.05 0.14% |
| Symbol | Grupo |
Grupo Catalana '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 Grupo Catalana'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 Grupo Catalana.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Grupo Catalana on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Grupo Catalana Occidente or generate 0.0% return on investment in Grupo Catalana over 510 days. Grupo Catalana is related to or competes with Banco De, Banco Santander, and Repsol. Grupo Catalana Occidente, S.A., together with its subsidiaries, provides insurance products and services worldwide More
Grupo Catalana 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 Grupo Catalana'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 Grupo Catalana Occidente upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.33) | |||
| Maximum Drawdown | 3.73 | |||
| Value At Risk | (1.41) | |||
| Potential Upside | 1.32 |
Grupo Catalana Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grupo Catalana's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Grupo Catalana's standard deviation. In reality, there are many statistical measures that can use Grupo Catalana historical prices to predict the future Grupo Catalana's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | (0.91) |
Grupo Catalana Occidente Backtested Returns
Grupo Catalana Occidente holds Efficiency (Sharpe) Ratio of -0.16, which attests that the entity had a -0.16% return per unit of risk over the last 3 months. Grupo Catalana Occidente exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Grupo Catalana's Standard Deviation of 0.8011, risk adjusted performance of (0.13), and Market Risk Adjusted Performance of (0.90) 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, Grupo Catalana's returns are expected to increase less than the market. However, during the bear market, the loss of holding Grupo Catalana is expected to be smaller as well. At this point, Grupo Catalana Occidente has a negative expected return of -0.13%. Please make sure to check out Grupo Catalana's daily balance of power, market facilitation index, and the relationship between the kurtosis and day median price , to decide if Grupo Catalana Occidente performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.54 |
Modest predictability
Grupo Catalana Occidente has modest predictability. Overlapping area represents the amount of predictability between Grupo Catalana time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th 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 Grupo Catalana Occidente price movement. The serial correlation of 0.54 indicates that about 54.0% of current Grupo Catalana price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 3.05 |
Grupo Catalana Occidente lagged returns against current returns
Autocorrelation, which is Grupo Catalana 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 Grupo Catalana's stock expected returns. We can calculate the autocorrelation of Grupo Catalana returns to help us make a trade decision. For example, suppose you find that Grupo Catalana 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 |
Grupo Catalana 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 Grupo Catalana stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Grupo Catalana stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Grupo Catalana stock over time.
Current vs Lagged Prices |
| Timeline |
Grupo Catalana Lagged Returns
When evaluating Grupo Catalana's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Grupo Catalana stock have on its future price. Grupo Catalana 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, Grupo Catalana autocorrelation shows the relationship between Grupo Catalana stock current value and its past values and can show if there is a momentum factor associated with investing in Grupo Catalana Occidente.
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 Grupo Stock
Grupo Catalana financial ratios help investors to determine whether Grupo 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 Grupo with respect to the benefits of owning Grupo Catalana security.