Grupo Financiero (Argentina) Market Value
| GGAL Stock | ARS 6,230 90.00 1.42% |
| Symbol | Grupo |
Grupo Financiero '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 Financiero'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 Financiero.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Grupo Financiero on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Grupo Financiero Galicia or generate 0.0% return on investment in Grupo Financiero over 720 days. Grupo Financiero is related to or competes with Harmony Gold, Transportadora, and Compania. Grupo Financiero Galicia S.A., a financial services holding company, provides various financial products and services to... More
Grupo Financiero 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 Financiero'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 Financiero Galicia upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.76 | |||
| Information Ratio | 0.2095 | |||
| Maximum Drawdown | 9.81 | |||
| Value At Risk | (2.63) | |||
| Potential Upside | 4.22 |
Grupo Financiero Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grupo Financiero's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Grupo Financiero's standard deviation. In reality, there are many statistical measures that can use Grupo Financiero historical prices to predict the future Grupo Financiero's volatility.| Risk Adjusted Performance | 0.2029 | |||
| Jensen Alpha | 0.5101 | |||
| Total Risk Alpha | 0.2809 | |||
| Sortino Ratio | 0.2726 | |||
| Treynor Ratio | 0.8262 |
Grupo Financiero Galicia Backtested Returns
Grupo Financiero appears to be very steady, given 3 months investment horizon. Grupo Financiero Galicia holds Efficiency (Sharpe) Ratio of 0.26, which attests that the entity had a 0.26% return per unit of risk over the last 3 months. By evaluating Grupo Financiero's technical indicators, you can evaluate if the expected return of 0.59% is justified by implied risk. Please utilize Grupo Financiero's Risk Adjusted Performance of 0.2029, downside deviation of 1.76, and Market Risk Adjusted Performance of 0.8362 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Grupo Financiero holds a performance score of 20. The company retains a Market Volatility (i.e., Beta) of 0.7, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Grupo Financiero's returns are expected to increase less than the market. However, during the bear market, the loss of holding Grupo Financiero is expected to be smaller as well. Please check Grupo Financiero's sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to make a quick decision on whether Grupo Financiero's current trending patterns will revert.
Auto-correlation | 0.87 |
Very good predictability
Grupo Financiero Galicia has very good predictability. Overlapping area represents the amount of predictability between Grupo Financiero time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd 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 Financiero Galicia price movement. The serial correlation of 0.87 indicates that approximately 87.0% of current Grupo Financiero price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.87 | |
| Spearman Rank Test | 0.9 | |
| Residual Average | 0.0 | |
| Price Variance | 2 M |
Grupo Financiero Galicia lagged returns against current returns
Autocorrelation, which is Grupo Financiero 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 Financiero's stock expected returns. We can calculate the autocorrelation of Grupo Financiero returns to help us make a trade decision. For example, suppose you find that Grupo Financiero 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 Financiero 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 Financiero stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Grupo Financiero stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Grupo Financiero stock over time.
Current vs Lagged Prices |
| Timeline |
Grupo Financiero Lagged Returns
When evaluating Grupo Financiero's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Grupo Financiero stock have on its future price. Grupo Financiero 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 Financiero autocorrelation shows the relationship between Grupo Financiero stock current value and its past values and can show if there is a momentum factor associated with investing in Grupo Financiero Galicia.
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.Additional Information and Resources on Investing in Grupo Stock
When determining whether Grupo Financiero Galicia is a strong investment it is important to analyze Grupo Financiero's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Grupo Financiero's future performance. For an informed investment choice regarding Grupo Stock, refer to the following important reports:Check out Grupo Financiero Correlation, Grupo Financiero Volatility and Grupo Financiero Alpha and Beta module to complement your research on Grupo Financiero. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Grupo Financiero technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.