Greif Inc Stock Market Value
| GEF-B Stock | USD 75.88 1.77 2.39% |
| Symbol | Greif |
Greif Inc Price To Book Ratio
Greif '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 Greif'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 Greif.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Greif on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Greif Inc or generate 0.0% return on investment in Greif over 30 days. Greif is related to or competes with Pactiv Evergreen, Myers Industries, Silgan Holdings, Sonoco Products, Avery Dennison, Greif Bros, and Reynolds Consumer. Greif, Inc. produces and sells industrial packaging products and services worldwide More
Greif 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 Greif'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 Greif Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.2 | |||
| Information Ratio | 0.0717 | |||
| Maximum Drawdown | 7.69 | |||
| Value At Risk | (1.88) | |||
| Potential Upside | 2.6 |
Greif Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Greif's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Greif's standard deviation. In reality, there are many statistical measures that can use Greif historical prices to predict the future Greif's volatility.| Risk Adjusted Performance | 0.1222 | |||
| Jensen Alpha | 0.0645 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0973 | |||
| Treynor Ratio | 0.1659 |
Greif Inc Backtested Returns
Greif appears to be very steady, given 3 months investment horizon. Greif Inc holds Efficiency (Sharpe) Ratio of 0.15, which attests that the entity had a 0.15% return per unit of risk over the last 3 months. We have found thirty technical indicators for Greif Inc, which you can use to evaluate the volatility of the firm. Please utilize Greif's Risk Adjusted Performance of 0.1222, downside deviation of 1.2, and Market Risk Adjusted Performance of 0.1759 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Greif holds a performance score of 11. The company retains a Market Volatility (i.e., Beta) of 1.43, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Greif will likely underperform. Please check Greif's semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and standard deviation , to make a quick decision on whether Greif's current trending patterns will revert.
Auto-correlation | 0.76 |
Good predictability
Greif Inc has good predictability. Overlapping area represents the amount of predictability between Greif 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 Greif Inc price movement. The serial correlation of 0.76 indicates that around 76.0% of current Greif price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.76 | |
| Spearman Rank Test | 0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 2.26 |
Greif Inc lagged returns against current returns
Autocorrelation, which is Greif 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 Greif's stock expected returns. We can calculate the autocorrelation of Greif returns to help us make a trade decision. For example, suppose you find that Greif 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 |
Greif 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 Greif stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Greif stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Greif stock over time.
Current vs Lagged Prices |
| Timeline |
Greif Lagged Returns
When evaluating Greif's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Greif stock have on its future price. Greif 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, Greif autocorrelation shows the relationship between Greif stock current value and its past values and can show if there is a momentum factor associated with investing in Greif Inc.
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 Greif Stock
Greif financial ratios help investors to determine whether Greif 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 Greif with respect to the benefits of owning Greif security.