Granite Broadcasting Stock Market Value
| GRRP Stock | USD 0 0.00 0.00% |
| Symbol | Granite |
Granite Broadcasting '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 Granite Broadcasting's otc 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 Granite Broadcasting.
| 01/01/2025 |
| 12/27/2025 |
If you would invest 0.00 in Granite Broadcasting on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding Granite Broadcasting or generate 0.0% return on investment in Granite Broadcasting over 360 days. Granite Broadcasting is related to or competes with BBB Foods, CapitaLand Investment, Astral Foods, Guangdong Investment, and Slate Grocery. Granite Broadcasting Corporationration owns local media properties. More
Granite Broadcasting 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 Granite Broadcasting's otc 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 Granite Broadcasting upside and downside potential and time the market with a certain degree of confidence.
Granite Broadcasting Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Granite Broadcasting's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Granite Broadcasting's standard deviation. In reality, there are many statistical measures that can use Granite Broadcasting historical prices to predict the future Granite Broadcasting's volatility.Granite Broadcasting Backtested Returns
We have found three technical indicators for Granite Broadcasting, which you can use to evaluate the volatility of the firm. The company retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and Granite Broadcasting are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Granite Broadcasting has no correlation between past and present. Overlapping area represents the amount of predictability between Granite Broadcasting time series from 1st of January 2025 to 30th of June 2025 and 30th of June 2025 to 27th of December 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 Granite Broadcasting price movement. The serial correlation of 0.0 indicates that just 0.0% of current Granite Broadcasting price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Granite Broadcasting lagged returns against current returns
Autocorrelation, which is Granite Broadcasting otc 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 Granite Broadcasting's otc stock expected returns. We can calculate the autocorrelation of Granite Broadcasting returns to help us make a trade decision. For example, suppose you find that Granite Broadcasting has exhibited high autocorrelation historically, and you observe that the otc 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 |
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Granite Broadcasting 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 Granite Broadcasting otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Granite Broadcasting otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Granite Broadcasting otc stock over time.
Current vs Lagged Prices |
| Timeline |
Granite Broadcasting Lagged Returns
When evaluating Granite Broadcasting's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Granite Broadcasting otc stock have on its future price. Granite Broadcasting 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, Granite Broadcasting autocorrelation shows the relationship between Granite Broadcasting otc stock current value and its past values and can show if there is a momentum factor associated with investing in Granite Broadcasting.
Regressed Prices |
| Timeline |
Pair Trading with Granite Broadcasting
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 Granite Broadcasting 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 Granite Broadcasting will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Granite Broadcasting could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Granite Broadcasting 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 Granite Broadcasting - 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 Granite Broadcasting to buy it.
The correlation of Granite Broadcasting 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 Granite Broadcasting moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Granite Broadcasting 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 Granite Broadcasting 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.Additional Tools for Granite OTC Stock Analysis
When running Granite Broadcasting's price analysis, check to measure Granite Broadcasting'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 Granite Broadcasting is operating at the current time. Most of Granite Broadcasting's value examination focuses on studying past and present price action to predict the probability of Granite Broadcasting's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Granite Broadcasting's price. Additionally, you may evaluate how the addition of Granite Broadcasting to your portfolios can decrease your overall portfolio volatility.