Gerresheimer (Germany) Market Value
| GXI Stock | 73.85 3.40 4.83% |
| Symbol | Gerresheimer |
Gerresheimer '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 Gerresheimer'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 Gerresheimer.
| 11/30/2023 |
| 11/24/2024 |
If you would invest 0.00 in Gerresheimer on November 30, 2023 and sell it all today you would earn a total of 0.00 from holding Gerresheimer AG or generate 0.0% return on investment in Gerresheimer over 360 days. Gerresheimer is related to or competes with DALATA HOTEL, COPLAND ROAD, Liberty Broadband, HYATT HOTELS-A, Xenia Hotels, QUEEN S, and InterContinental. More
Gerresheimer 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 Gerresheimer'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 Gerresheimer AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 25.57 | |||
| Value At Risk | (2.65) | |||
| Potential Upside | 3.81 |
Gerresheimer Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gerresheimer's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gerresheimer's standard deviation. In reality, there are many statistical measures that can use Gerresheimer historical prices to predict the future Gerresheimer's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.41) | |||
| Total Risk Alpha | (0.82) | |||
| Treynor Ratio | (0.60) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Gerresheimer's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Gerresheimer AG Backtested Returns
Gerresheimer AG holds Efficiency (Sharpe) Ratio of -0.11, which attests that the entity had a -0.11% return per unit of risk over the last 3 months. Gerresheimer AG exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gerresheimer's Standard Deviation of 3.0, risk adjusted performance of (0.08), and Market Risk Adjusted Performance of (0.59) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.57, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Gerresheimer's returns are expected to increase less than the market. However, during the bear market, the loss of holding Gerresheimer is expected to be smaller as well. At this point, Gerresheimer AG has a negative expected return of -0.34%. Please make sure to check out Gerresheimer's skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if Gerresheimer AG performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.33 |
Poor reverse predictability
Gerresheimer AG has poor reverse predictability. Overlapping area represents the amount of predictability between Gerresheimer time series from 30th of November 2023 to 28th of May 2024 and 28th of May 2024 to 24th 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 Gerresheimer AG price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current Gerresheimer price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | -0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 92.9 |
Gerresheimer AG lagged returns against current returns
Autocorrelation, which is Gerresheimer 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 Gerresheimer's stock expected returns. We can calculate the autocorrelation of Gerresheimer returns to help us make a trade decision. For example, suppose you find that Gerresheimer 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 |
Gerresheimer 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 Gerresheimer stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gerresheimer stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gerresheimer stock over time.
Current vs Lagged Prices |
| Timeline |
Gerresheimer Lagged Returns
When evaluating Gerresheimer's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gerresheimer stock have on its future price. Gerresheimer 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, Gerresheimer autocorrelation shows the relationship between Gerresheimer stock current value and its past values and can show if there is a momentum factor associated with investing in Gerresheimer AG.
Regressed Prices |
| Timeline |
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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 Gerresheimer Stock Analysis
When running Gerresheimer's price analysis, check to measure Gerresheimer'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 Gerresheimer is operating at the current time. Most of Gerresheimer's value examination focuses on studying past and present price action to predict the probability of Gerresheimer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gerresheimer's price. Additionally, you may evaluate how the addition of Gerresheimer to your portfolios can decrease your overall portfolio volatility.