Greenroc Mining (UK) Market Value
| GROC Stock | 1.85 0.10 5.13% |
| Symbol | Greenroc |
Greenroc Mining '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 Greenroc Mining'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 Greenroc Mining.
| 12/22/2024 |
| 01/21/2025 |
If you would invest 0.00 in Greenroc Mining on December 22, 2024 and sell it all today you would earn a total of 0.00 from holding Greenroc Mining PLC or generate 0.0% return on investment in Greenroc Mining over 30 days. Greenroc Mining is related to or competes with Givaudan, Antofagasta PLC, Ferrexpo PLC, Atalaya Mining, Amaroq Minerals, Central Asia, and Metals Exploration. Greenroc Mining is entity of United Kingdom More
Greenroc Mining 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 Greenroc Mining'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 Greenroc Mining PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.62 | |||
| Information Ratio | 0.0426 | |||
| Maximum Drawdown | 44.74 | |||
| Value At Risk | (6.45) | |||
| Potential Upside | 6.25 |
Greenroc Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Greenroc Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Greenroc Mining's standard deviation. In reality, there are many statistical measures that can use Greenroc Mining historical prices to predict the future Greenroc Mining's volatility.| Risk Adjusted Performance | 0.0485 | |||
| Jensen Alpha | 0.2704 | |||
| Total Risk Alpha | 0.1287 | |||
| Sortino Ratio | 0.0434 | |||
| Treynor Ratio | (0.75) |
Greenroc Mining PLC Backtested Returns
Greenroc Mining appears to be dangerous, given 3 months investment horizon. Greenroc Mining PLC holds Efficiency (Sharpe) Ratio of 0.0414, which attests that the entity had a 0.0414 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Greenroc Mining PLC, which you can use to evaluate the volatility of the firm. Please utilize Greenroc Mining's Market Risk Adjusted Performance of (0.74), downside deviation of 5.62, and Risk Adjusted Performance of 0.0485 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Greenroc Mining holds a performance score of 3. The company retains a Market Volatility (i.e., Beta) of -0.35, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Greenroc Mining are expected to decrease at a much lower rate. During the bear market, Greenroc Mining is likely to outperform the market. Please check Greenroc Mining's semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and information ratio , to make a quick decision on whether Greenroc Mining's current trending patterns will revert.
Auto-correlation | 0.02 |
Virtually no predictability
Greenroc Mining PLC has virtually no predictability. Overlapping area represents the amount of predictability between Greenroc Mining time series from 22nd of December 2024 to 6th of January 2025 and 6th of January 2025 to 21st 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 Greenroc Mining PLC price movement. The serial correlation of 0.02 indicates that only 2.0% of current Greenroc Mining price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Greenroc Mining PLC lagged returns against current returns
Autocorrelation, which is Greenroc Mining 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 Greenroc Mining's stock expected returns. We can calculate the autocorrelation of Greenroc Mining returns to help us make a trade decision. For example, suppose you find that Greenroc Mining 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 |
Greenroc Mining 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 Greenroc Mining stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Greenroc Mining stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Greenroc Mining stock over time.
Current vs Lagged Prices |
| Timeline |
Greenroc Mining Lagged Returns
When evaluating Greenroc Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Greenroc Mining stock have on its future price. Greenroc Mining 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, Greenroc Mining autocorrelation shows the relationship between Greenroc Mining stock current value and its past values and can show if there is a momentum factor associated with investing in Greenroc Mining PLC.
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.Additional Tools for Greenroc Stock Analysis
When running Greenroc Mining's price analysis, check to measure Greenroc Mining'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 Greenroc Mining is operating at the current time. Most of Greenroc Mining's value examination focuses on studying past and present price action to predict the probability of Greenroc Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Greenroc Mining's price. Additionally, you may evaluate how the addition of Greenroc Mining to your portfolios can decrease your overall portfolio volatility.