GM Breweries (India) Market Value
| GMBREW Stock | 697.15 12.90 1.82% |
| Symbol | GMBREW |
GM Breweries '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 GM Breweries' 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 GM Breweries.
| 01/01/2025 |
| 01/31/2025 |
If you would invest 0.00 in GM Breweries on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding GM Breweries Limited or generate 0.0% return on investment in GM Breweries over 30 days. GM Breweries is related to or competes with Vraj Iron, Steelcast, STEEL EXCHANGE, Hisar Metal, Shyam Metalics, and Jindal Steel. More
GM Breweries 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 GM Breweries' 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 GM Breweries Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 10.13 | |||
| Value At Risk | (4.73) | |||
| Potential Upside | 2.51 |
GM Breweries Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GM Breweries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GM Breweries' standard deviation. In reality, there are many statistical measures that can use GM Breweries historical prices to predict the future GM Breweries' volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | 0.7879 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of GM Breweries' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
GM Breweries Limited Backtested Returns
GM Breweries Limited retains Efficiency (Sharpe Ratio) of -0.0986, which attests that the entity had a -0.0986 % return per unit of price deviation over the last 3 months. GM Breweries exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GM Breweries' Information Ratio of (0.12), coefficient of variation of (1,371), and Market Risk Adjusted Performance of 0.7979 to validate the risk estimate we provide. The company owns a Beta (Systematic Risk) of -0.22, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning GM Breweries are expected to decrease at a much lower rate. During the bear market, GM Breweries is likely to outperform the market. At this point, GM Breweries Limited has a negative expected return of -0.22%. Please make sure to check out GM Breweries' standard deviation, kurtosis, period momentum indicator, as well as the relationship between the maximum drawdown and day median price , to decide if GM Breweries Limited performance from the past will be repeated sooner or later.
Auto-correlation | 0.82 |
Very good predictability
GM Breweries Limited has very good predictability. Overlapping area represents the amount of predictability between GM Breweries time series from 1st of January 2025 to 16th of January 2025 and 16th of January 2025 to 31st of January 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 GM Breweries Limited price movement. The serial correlation of 0.82 indicates that around 82.0% of current GM Breweries price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.82 | |
| Spearman Rank Test | 0.84 | |
| Residual Average | 0.0 | |
| Price Variance | 671.5 |
GM Breweries Limited lagged returns against current returns
Autocorrelation, which is GM Breweries 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 GM Breweries' stock expected returns. We can calculate the autocorrelation of GM Breweries returns to help us make a trade decision. For example, suppose you find that GM Breweries 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 |
GM Breweries 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 GM Breweries stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GM Breweries stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GM Breweries stock over time.
Current vs Lagged Prices |
| Timeline |
GM Breweries Lagged Returns
When evaluating GM Breweries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GM Breweries stock have on its future price. GM Breweries 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, GM Breweries autocorrelation shows the relationship between GM Breweries stock current value and its past values and can show if there is a momentum factor associated with investing in GM Breweries Limited.
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.Other Information on Investing in GMBREW Stock
GM Breweries financial ratios help investors to determine whether GMBREW 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 GMBREW with respect to the benefits of owning GM Breweries security.