Grand City Properties Stock Market Value
| GRNNF Stock | USD 12.09 1.00 7.64% |
| Symbol | Grand |
Grand City '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 Grand City's 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 Grand City.
| 06/21/2024 |
| 12/18/2024 |
If you would invest 0.00 in Grand City on June 21, 2024 and sell it all today you would earn a total of 0.00 from holding Grand City Properties or generate 0.0% return on investment in Grand City over 180 days. Grand City is related to or competes with J W, Frp Holdings, Maui Land, and Fathom Holdings. Grand City Properties S.A. engages in the residential real estate business in Germany, the United Kingdom, and internati... More
Grand City 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 Grand City's 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 Grand City Properties upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 24.31 |
Grand City Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grand City's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Grand City's standard deviation. In reality, there are many statistical measures that can use Grand City historical prices to predict the future Grand City's volatility.| Risk Adjusted Performance | 0.0182 | |||
| Jensen Alpha | 0.0475 | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | (0.07) |
Grand City Properties Backtested Returns
Grand City Properties holds Efficiency (Sharpe) Ratio of -0.2, which attests that the entity had a -0.2% return per unit of standard deviation over the last 3 months. Grand City Properties exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Grand City's risk adjusted performance of 0.0182, and Market Risk Adjusted Performance of (0.06) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.36, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Grand City are expected to decrease at a much lower rate. During the bear market, Grand City is likely to outperform the market. At this point, Grand City Properties has a negative expected return of -0.22%. Please make sure to check out Grand City's total risk alpha, and the relationship between the standard deviation and rate of daily change , to decide if Grand City Properties performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.34 |
Poor reverse predictability
Grand City Properties has poor reverse predictability. Overlapping area represents the amount of predictability between Grand City time series from 21st of June 2024 to 19th of September 2024 and 19th of September 2024 to 18th of December 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 Grand City Properties price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current Grand City price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 0.32 |
Grand City Properties lagged returns against current returns
Autocorrelation, which is Grand City 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 Grand City's pink sheet expected returns. We can calculate the autocorrelation of Grand City returns to help us make a trade decision. For example, suppose you find that Grand City 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 |
Grand City 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 Grand City pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Grand City pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Grand City pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Grand City Lagged Returns
When evaluating Grand City's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Grand City pink sheet have on its future price. Grand City 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, Grand City autocorrelation shows the relationship between Grand City pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Grand City Properties.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Grand Pink Sheet
Grand City financial ratios help investors to determine whether Grand Pink Sheet 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 Grand with respect to the benefits of owning Grand City security.