Grace Breeding's market value is the price at which a share of Grace Breeding trades on a public exchange. It measures the collective expectations of Grace Breeding investors about its performance. Grace Breeding is trading at 1681.00 as of the 24th of November 2024, a No Change since the beginning of the trading day. The stock's open price was 1681.0. With this module, you can estimate the performance of a buy and hold strategy of Grace Breeding and determine expected loss or profit from investing in Grace Breeding over a given investment horizon. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
Grace
Grace Breeding '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 Grace Breeding'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 Grace Breeding.
0.00
11/30/2023
No Change 0.00
0.0
In 11 months and 27 days
11/24/2024
0.00
If you would invest 0.00 in Grace Breeding on November 30, 2023 and sell it all today you would earn a total of 0.00 from holding Grace Breeding or generate 0.0% return on investment in Grace Breeding over 360 days.
Grace Breeding 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 Grace Breeding'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 Grace Breeding upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grace Breeding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Grace Breeding's standard deviation. In reality, there are many statistical measures that can use Grace Breeding historical prices to predict the future Grace Breeding's volatility.
Grace Breeding appears to be very steady, given 3 months investment horizon. Grace Breeding holds Efficiency (Sharpe) Ratio of 0.19, which attests that the entity had a 0.19% return per unit of standard deviation over the last 3 months. We have found twenty-five technical indicators for Grace Breeding, which you can use to evaluate the volatility of the firm. Please utilize Grace Breeding's market risk adjusted performance of (2.40), and Risk Adjusted Performance of 0.1371 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Grace Breeding holds a performance score of 14. The company retains a Market Volatility (i.e., Beta) of -0.0856, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Grace Breeding are expected to decrease at a much lower rate. During the bear market, Grace Breeding is likely to outperform the market. Please check Grace Breeding's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to make a quick decision on whether Grace Breeding's current trending patterns will revert.
Auto-correlation
-0.37
Poor reverse predictability
Grace Breeding has poor reverse predictability. Overlapping area represents the amount of predictability between Grace Breeding time series from 30th of November 2023 to 28th of May 2024 and 28th of May 2024 to 24th 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 Grace Breeding price movement. The serial correlation of -0.37 indicates that just about 37.0% of current Grace Breeding price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.37
Spearman Rank Test
-0.48
Residual Average
0.0
Price Variance
35.1 K
Grace Breeding lagged returns against current returns
Autocorrelation, which is Grace Breeding 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 Grace Breeding's stock expected returns. We can calculate the autocorrelation of Grace Breeding returns to help us make a trade decision. For example, suppose you find that Grace Breeding 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
Grace Breeding 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 Grace Breeding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Grace Breeding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Grace Breeding stock over time.
Current vs Lagged Prices
Timeline
Grace Breeding Lagged Returns
When evaluating Grace Breeding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Grace Breeding stock have on its future price. Grace Breeding 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, Grace Breeding autocorrelation shows the relationship between Grace Breeding stock current value and its past values and can show if there is a momentum factor associated with investing in Grace Breeding.
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.