Grupo Empresarial (Spain) Market Value
| GSJ Stock | EUR 4.77 0.05 1.06% |
| Symbol | Grupo |
Grupo Empresarial '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 Grupo Empresarial'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 Grupo Empresarial.
| 12/06/2022 |
| 11/25/2024 |
If you would invest 0.00 in Grupo Empresarial on December 6, 2022 and sell it all today you would earn a total of 0.00 from holding Grupo Empresarial San or generate 0.0% return on investment in Grupo Empresarial over 720 days. Grupo Empresarial is related to or competes with Acciona, Indra A, and Acerinox. Grupo Empresarial San Jos, S.A. engages in construction business in Spain and internationally More
Grupo Empresarial 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 Grupo Empresarial'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 Grupo Empresarial San upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.37 | |||
| Information Ratio | 0.0456 | |||
| Maximum Drawdown | 8.77 | |||
| Value At Risk | (1.90) | |||
| Potential Upside | 2.4 |
Grupo Empresarial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grupo Empresarial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Grupo Empresarial's standard deviation. In reality, there are many statistical measures that can use Grupo Empresarial historical prices to predict the future Grupo Empresarial's volatility.| Risk Adjusted Performance | 0.1101 | |||
| Jensen Alpha | 0.1847 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0473 | |||
| Treynor Ratio | 22.64 |
Grupo Empresarial San Backtested Returns
At this point, Grupo Empresarial is somewhat reliable. Grupo Empresarial San holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of risk over the last 3 months. We have found thirty technical indicators for Grupo Empresarial San, which you can use to evaluate the volatility of the firm. Please check out Grupo Empresarial's Downside Deviation of 1.37, market risk adjusted performance of 22.65, and Risk Adjusted Performance of 0.1101 to validate if the risk estimate we provide is consistent with the expected return of 0.19%. Grupo Empresarial has a performance score of 10 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.0082, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Grupo Empresarial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Grupo Empresarial is expected to be smaller as well. Grupo Empresarial San right now retains a risk of 1.43%. Please check out Grupo Empresarial treynor ratio, downside variance, kurtosis, as well as the relationship between the value at risk and expected short fall , to decide if Grupo Empresarial will be following its current trending patterns.
Auto-correlation | -0.6 |
Good reverse predictability
Grupo Empresarial San has good reverse predictability. Overlapping area represents the amount of predictability between Grupo Empresarial time series from 6th of December 2022 to 1st of December 2023 and 1st of December 2023 to 25th 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 Grupo Empresarial San price movement. The serial correlation of -0.6 indicates that roughly 60.0% of current Grupo Empresarial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.6 | |
| Spearman Rank Test | -0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.16 |
Grupo Empresarial San lagged returns against current returns
Autocorrelation, which is Grupo Empresarial 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 Grupo Empresarial's stock expected returns. We can calculate the autocorrelation of Grupo Empresarial returns to help us make a trade decision. For example, suppose you find that Grupo Empresarial 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 |
Grupo Empresarial 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 Grupo Empresarial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Grupo Empresarial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Grupo Empresarial stock over time.
Current vs Lagged Prices |
| Timeline |
Grupo Empresarial Lagged Returns
When evaluating Grupo Empresarial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Grupo Empresarial stock have on its future price. Grupo Empresarial 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, Grupo Empresarial autocorrelation shows the relationship between Grupo Empresarial stock current value and its past values and can show if there is a momentum factor associated with investing in Grupo Empresarial San.
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.Other Information on Investing in Grupo Stock
Grupo Empresarial financial ratios help investors to determine whether Grupo Stock 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 Grupo with respect to the benefits of owning Grupo Empresarial security.