General Commercial (Greece) Market Value
| GEBKA Stock | EUR 1.32 0.02 1.54% |
| Symbol | General |
General Commercial '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 General Commercial'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 General Commercial.
| 02/29/2024 |
| 11/25/2024 |
If you would invest 0.00 in General Commercial on February 29, 2024 and sell it all today you would earn a total of 0.00 from holding General Commercial Industrial or generate 0.0% return on investment in General Commercial over 270 days. General Commercial is related to or competes with Elton International, Piraeus Port, Hellenic Petroleum, and Flexopack Socit. General Commercial Industrial S.A. supplies industrial and hydraulic equipment in Greece and East European countries More
General Commercial 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 General Commercial'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 General Commercial Industrial upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 11.21 | |||
| Value At Risk | (3.80) | |||
| Potential Upside | 3.65 |
General Commercial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for General Commercial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as General Commercial's standard deviation. In reality, there are many statistical measures that can use General Commercial historical prices to predict the future General Commercial's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.65) | |||
| Treynor Ratio | (1.20) |
General Commercial Backtested Returns
General Commercial holds Efficiency (Sharpe) Ratio of -0.13, which attests that the entity had a -0.13% return per unit of risk over the last 3 months. General Commercial exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out General Commercial's Market Risk Adjusted Performance of (1.19), standard deviation of 2.27, and Risk Adjusted Performance of (0.09) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.25, which attests to not very significant fluctuations relative to the market. As returns on the market increase, General Commercial's returns are expected to increase less than the market. However, during the bear market, the loss of holding General Commercial is expected to be smaller as well. At this point, General Commercial has a negative expected return of -0.29%. Please make sure to check out General Commercial's skewness, rate of daily change, and the relationship between the value at risk and accumulation distribution , to decide if General Commercial performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.75 |
Good predictability
General Commercial Industrial has good predictability. Overlapping area represents the amount of predictability between General Commercial time series from 29th of February 2024 to 13th of July 2024 and 13th of July 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 General Commercial price movement. The serial correlation of 0.75 indicates that around 75.0% of current General Commercial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.75 | |
| Spearman Rank Test | 0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
General Commercial lagged returns against current returns
Autocorrelation, which is General Commercial 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 General Commercial's stock expected returns. We can calculate the autocorrelation of General Commercial returns to help us make a trade decision. For example, suppose you find that General Commercial 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 |
General Commercial 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 General Commercial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if General Commercial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in General Commercial stock over time.
Current vs Lagged Prices |
| Timeline |
General Commercial Lagged Returns
When evaluating General Commercial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of General Commercial stock have on its future price. General Commercial 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, General Commercial autocorrelation shows the relationship between General Commercial stock current value and its past values and can show if there is a momentum factor associated with investing in General Commercial Industrial.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in General Stock
General Commercial financial ratios help investors to determine whether General 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 General with respect to the benefits of owning General Commercial security.