Griffin Mining (UK) Market Value
| GFM Stock | 183.00 0.50 0.27% |
| Symbol | Griffin |
Griffin Mining '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 Griffin Mining'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 Griffin Mining.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in Griffin Mining on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding Griffin Mining or generate 0.0% return on investment in Griffin Mining over 30 days. Griffin Mining is related to or competes with Air Products, Cardinal Health, Planet Fitness, Systemair, Delta Air, Zoom Video, and HCA Healthcare. Griffin Mining is entity of United Kingdom More
Griffin Mining 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 Griffin Mining'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 Griffin Mining upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.22 | |||
| Information Ratio | 0.1426 | |||
| Maximum Drawdown | 13.94 | |||
| Value At Risk | (3.38) | |||
| Potential Upside | 4.17 |
Griffin Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Griffin Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Griffin Mining's standard deviation. In reality, there are many statistical measures that can use Griffin Mining historical prices to predict the future Griffin Mining's volatility.| Risk Adjusted Performance | 0.1162 | |||
| Jensen Alpha | 0.3873 | |||
| Total Risk Alpha | 0.3704 | |||
| Sortino Ratio | 0.1725 | |||
| Treynor Ratio | 1.64 |
Griffin Mining Backtested Returns
Griffin Mining appears to be very steady, given 3 months investment horizon. Griffin Mining holds Efficiency (Sharpe) Ratio of 0.17, which attests that the entity had a 0.17 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Griffin Mining, which you can use to evaluate the volatility of the firm. Please utilize Griffin Mining's Market Risk Adjusted Performance of 1.65, downside deviation of 2.22, and Risk Adjusted Performance of 0.1162 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Griffin Mining holds a performance score of 13. The company retains a Market Volatility (i.e., Beta) of 0.24, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Griffin Mining's returns are expected to increase less than the market. However, during the bear market, the loss of holding Griffin Mining is expected to be smaller as well. Please check Griffin Mining's sortino ratio, potential upside, and the relationship between the jensen alpha and maximum drawdown , to make a quick decision on whether Griffin Mining's current trending patterns will revert.
Auto-correlation | -0.28 |
Weak reverse predictability
Griffin Mining has weak reverse predictability. Overlapping area represents the amount of predictability between Griffin Mining time series from 27th of January 2025 to 11th of February 2025 and 11th of February 2025 to 26th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Griffin Mining price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current Griffin Mining price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.28 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 2.87 |
Griffin Mining lagged returns against current returns
Autocorrelation, which is Griffin Mining 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 Griffin Mining's stock expected returns. We can calculate the autocorrelation of Griffin Mining returns to help us make a trade decision. For example, suppose you find that Griffin Mining 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 |
Griffin Mining 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 Griffin Mining stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Griffin Mining stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Griffin Mining stock over time.
Current vs Lagged Prices |
| Timeline |
Griffin Mining Lagged Returns
When evaluating Griffin Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Griffin Mining stock have on its future price. Griffin Mining 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, Griffin Mining autocorrelation shows the relationship between Griffin Mining stock current value and its past values and can show if there is a momentum factor associated with investing in Griffin Mining.
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 Griffin Stock
Griffin Mining financial ratios help investors to determine whether Griffin 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 Griffin with respect to the benefits of owning Griffin Mining security.