Gourmet Provisions International Stock Market Value

GMPR Stock  USD 0.0001  0.00  0.00%   
Gourmet Provisions' market value is the price at which a share of Gourmet Provisions trades on a public exchange. It measures the collective expectations of Gourmet Provisions International investors about its performance. Gourmet Provisions is selling at 1.0E-4 as of the 28th of November 2024; that is No Change since the beginning of the trading day. The stock's lowest day price was 1.0E-4.
With this module, you can estimate the performance of a buy and hold strategy of Gourmet Provisions International and determine expected loss or profit from investing in Gourmet Provisions over a given investment horizon. Check out Gourmet Provisions Correlation, Gourmet Provisions Volatility and Gourmet Provisions Alpha and Beta module to complement your research on Gourmet Provisions.
Symbol

Please note, there is a significant difference between Gourmet Provisions' value and its price as these two are different measures arrived at by different means. Investors typically determine if Gourmet Provisions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gourmet Provisions' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Gourmet Provisions '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 Gourmet Provisions' 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 Gourmet Provisions.
0.00
12/09/2022
No Change 0.00  0.0 
In 1 year 11 months and 21 days
11/28/2024
0.00
If you would invest  0.00  in Gourmet Provisions on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Gourmet Provisions International or generate 0.0% return on investment in Gourmet Provisions over 720 days. Gourmet Provisions is related to or competes with Mitesco. Gourmet Provisions International Corporation franchises pizza and sub restaurants in the United States More

Gourmet Provisions 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 Gourmet Provisions' 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 Gourmet Provisions International upside and downside potential and time the market with a certain degree of confidence.

Gourmet Provisions Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Gourmet Provisions' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gourmet Provisions' standard deviation. In reality, there are many statistical measures that can use Gourmet Provisions historical prices to predict the future Gourmet Provisions' volatility.
Hype
Prediction
LowEstimatedHigh
0.000.00008639.65
Details
Intrinsic
Valuation
LowRealHigh
0.000.00009639.65
Details
Naive
Forecast
LowNextHigh
0.0000020.000139.65
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.00010.00010.0001
Details

Gourmet Provisions Backtested Returns

Gourmet Provisions is out of control given 3 months investment horizon. Gourmet Provisions holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of risk over the last 3 months. We were able to interpolate data for twenty-five different technical indicators, which can help you to evaluate if expected returns of 4.76% are justified by taking the suggested risk. Use Gourmet Provisions International Risk Adjusted Performance of 0.1368, market risk adjusted performance of (0.94), and Downside Deviation of 53.03 to evaluate company specific risk that cannot be diversified away. Gourmet Provisions holds a performance score of 9 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -7.19, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Gourmet Provisions are expected to decrease by larger amounts. On the other hand, during market turmoil, Gourmet Provisions is expected to outperform it. Use Gourmet Provisions International total risk alpha, potential upside, as well as the relationship between the Potential Upside and kurtosis , to analyze future returns on Gourmet Provisions International.

Auto-correlation

    
  0.48  

Average predictability

Gourmet Provisions International has average predictability. Overlapping area represents the amount of predictability between Gourmet Provisions time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th 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 Gourmet Provisions price movement. The serial correlation of 0.48 indicates that about 48.0% of current Gourmet Provisions price fluctuation can be explain by its past prices.
Correlation Coefficient0.48
Spearman Rank Test0.42
Residual Average0.0
Price Variance0.0

Gourmet Provisions lagged returns against current returns

Autocorrelation, which is Gourmet Provisions 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 Gourmet Provisions' pink sheet expected returns. We can calculate the autocorrelation of Gourmet Provisions returns to help us make a trade decision. For example, suppose you find that Gourmet Provisions 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  

Gourmet Provisions 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 Gourmet Provisions pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gourmet Provisions pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gourmet Provisions pink sheet over time.
   Current vs Lagged Prices   
       Timeline  

Gourmet Provisions Lagged Returns

When evaluating Gourmet Provisions' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gourmet Provisions pink sheet have on its future price. Gourmet Provisions 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, Gourmet Provisions autocorrelation shows the relationship between Gourmet Provisions pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Gourmet Provisions International.
   Regressed Prices   
       Timeline  

Pair Trading with Gourmet Provisions

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Gourmet Provisions position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Gourmet Provisions will appreciate offsetting losses from the drop in the long position's value.

Moving against Gourmet Pink Sheet

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  0.45SBUX Starbucks Aggressive PushPairCorr
  0.42RSTRF Restaurant BrandsPairCorr
The ability to find closely correlated positions to Gourmet Provisions could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gourmet Provisions when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Gourmet Provisions - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Gourmet Provisions International to buy it.
The correlation of Gourmet Provisions is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Gourmet Provisions moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gourmet Provisions moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Gourmet Provisions can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Gourmet Pink Sheet Analysis

When running Gourmet Provisions' price analysis, check to measure Gourmet Provisions' 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 Gourmet Provisions is operating at the current time. Most of Gourmet Provisions' value examination focuses on studying past and present price action to predict the probability of Gourmet Provisions' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gourmet Provisions' price. Additionally, you may evaluate how the addition of Gourmet Provisions to your portfolios can decrease your overall portfolio volatility.