Granite Falls Energy Stock Market Value
| GFGY Stock | USD 3,000 0.00 0.00% |
| Symbol | Granite |
Granite Falls '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 Granite Falls' pink sheet 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 Granite Falls.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Granite Falls on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Granite Falls Energy or generate 0.0% return on investment in Granite Falls over 30 days. Granite Falls is related to or competes with European Wax, Lincoln Electric, Ardelyx, Mink Therapeutics, Sellas Life, Valneva SE, and Eastern. Granite Falls Energy, LLC, together with its subsidiaries, engages in the production and sale of ethanol and its co-prod... More
Granite Falls 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 Granite Falls' pink sheet 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 Granite Falls Energy upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 3.45 |
Granite Falls Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Granite Falls' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Granite Falls' standard deviation. In reality, there are many statistical measures that can use Granite Falls historical prices to predict the future Granite Falls' volatility.| Risk Adjusted Performance | 0.0861 | |||
| Jensen Alpha | 0.0428 | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | (10.06) |
Granite Falls Energy Backtested Returns
At this stage we consider Granite Pink Sheet to be very steady. Granite Falls Energy holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of standard deviation over the last 3 months. We have found seventeen technical indicators for Granite Falls Energy, which you can use to evaluate the volatility of the firm. Please check out Granite Falls' risk adjusted performance of 0.0861, and Market Risk Adjusted Performance of (10.05) to validate if the risk estimate we provide is consistent with the expected return of 0.0547%. Granite Falls has a performance score of 9 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.0042, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Granite Falls are expected to decrease at a much lower rate. During the bear market, Granite Falls is likely to outperform the market. Granite Falls Energy right now retains a risk of 0.43%. Please check out Granite Falls risk adjusted performance, variance, as well as the relationship between the Variance and kurtosis , to decide if Granite Falls will be following its current trending patterns.
Auto-correlation | 0.00 |
No correlation between past and present
Granite Falls Energy has no correlation between past and present. Overlapping area represents the amount of predictability between Granite Falls time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Granite Falls Energy price movement. The serial correlation of 0.0 indicates that just 0.0% of current Granite Falls price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Granite Falls Energy lagged returns against current returns
Autocorrelation, which is Granite Falls pink sheet'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 Granite Falls' pink sheet expected returns. We can calculate the autocorrelation of Granite Falls returns to help us make a trade decision. For example, suppose you find that Granite Falls has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Granite Falls 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 Granite Falls pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Granite Falls pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Granite Falls pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Granite Falls Lagged Returns
When evaluating Granite Falls' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Granite Falls pink sheet have on its future price. Granite Falls 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, Granite Falls autocorrelation shows the relationship between Granite Falls pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Granite Falls Energy.
Regressed Prices |
| Timeline |
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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.Additional Tools for Granite Pink Sheet Analysis
When running Granite Falls' price analysis, check to measure Granite Falls' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Granite Falls is operating at the current time. Most of Granite Falls' value examination focuses on studying past and present price action to predict the probability of Granite Falls' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Granite Falls' price. Additionally, you may evaluate how the addition of Granite Falls to your portfolios can decrease your overall portfolio volatility.