Green Landscaping (Sweden) Market Value
| GREEN Stock | SEK 71.10 0.10 0.14% |
| Symbol | Green |
Green Landscaping '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 Green Landscaping'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 Green Landscaping.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Green Landscaping on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Green Landscaping Group or generate 0.0% return on investment in Green Landscaping over 30 days. Green Landscaping is related to or competes with MAG Interactive, Kambi Group, Hexatronic Group, Integrum, and Awardit AB. Green Landscaping Group AB provides maintenance and planning services for outdoor environments in Sweden More
Green Landscaping 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 Green Landscaping'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 Green Landscaping Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 8.2 | |||
| Value At Risk | (2.87) | |||
| Potential Upside | 2.49 |
Green Landscaping Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Green Landscaping's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Green Landscaping's standard deviation. In reality, there are many statistical measures that can use Green Landscaping historical prices to predict the future Green Landscaping's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | 1.12 |
Green Landscaping Backtested Returns
Green Landscaping holds Efficiency (Sharpe) Ratio of -0.0405, which attests that the entity had a -0.0405% return per unit of risk over the last 3 months. Green Landscaping exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Green Landscaping's Market Risk Adjusted Performance of 1.13, standard deviation of 1.59, and Risk Adjusted Performance of (0.07) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.15, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Green Landscaping are expected to decrease at a much lower rate. During the bear market, Green Landscaping is likely to outperform the market. At this point, Green Landscaping has a negative expected return of -0.0609%. Please make sure to check out Green Landscaping's potential upside, and the relationship between the jensen alpha and daily balance of power , to decide if Green Landscaping performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.56 |
Modest predictability
Green Landscaping Group has modest predictability. Overlapping area represents the amount of predictability between Green Landscaping time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Green Landscaping price movement. The serial correlation of 0.56 indicates that roughly 56.0% of current Green Landscaping price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.56 | |
| Spearman Rank Test | 0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 1.42 |
Green Landscaping lagged returns against current returns
Autocorrelation, which is Green Landscaping 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 Green Landscaping's stock expected returns. We can calculate the autocorrelation of Green Landscaping returns to help us make a trade decision. For example, suppose you find that Green Landscaping 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 |
Green Landscaping 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 Green Landscaping stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Green Landscaping stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Green Landscaping stock over time.
Current vs Lagged Prices |
| Timeline |
Green Landscaping Lagged Returns
When evaluating Green Landscaping's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Green Landscaping stock have on its future price. Green Landscaping 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, Green Landscaping autocorrelation shows the relationship between Green Landscaping stock current value and its past values and can show if there is a momentum factor associated with investing in Green Landscaping Group.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Green Stock Analysis
When running Green Landscaping's price analysis, check to measure Green Landscaping's 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 Green Landscaping is operating at the current time. Most of Green Landscaping's value examination focuses on studying past and present price action to predict the probability of Green Landscaping's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Green Landscaping's price. Additionally, you may evaluate how the addition of Green Landscaping to your portfolios can decrease your overall portfolio volatility.