GIYANI GOLD (Germany) Market Value
| KT9 Stock | EUR 0.07 0.00 0.00% |
| Symbol | GIYANI |
GIYANI GOLD '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 GIYANI GOLD'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 GIYANI GOLD.
| 11/13/2024 |
| 12/13/2024 |
If you would invest 0.00 in GIYANI GOLD on November 13, 2024 and sell it all today you would earn a total of 0.00 from holding GIYANI GOLD or generate 0.0% return on investment in GIYANI GOLD over 30 days. GIYANI GOLD is related to or competes with Luckin Coffee, AIR PRODCHEMICALS, WT OFFSHORE, TITANIUM TRANSPORTGROUP, SBM OFFSHORE, and Gaztransport Technigaz. More
GIYANI GOLD 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 GIYANI GOLD'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 GIYANI GOLD upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.30) | |||
| Maximum Drawdown | 5.11 |
GIYANI GOLD Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GIYANI GOLD's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GIYANI GOLD's standard deviation. In reality, there are many statistical measures that can use GIYANI GOLD historical prices to predict the future GIYANI GOLD's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | 1.33 |
GIYANI GOLD Backtested Returns
We have found sixteen technical indicators for GIYANI GOLD, which you can use to evaluate the volatility of the firm. Please check out GIYANI GOLD's risk adjusted performance of (0.09), and Market Risk Adjusted Performance of 1.34 to validate if the risk estimate we provide is consistent with the expected return of 0.0%. The company retains a Market Volatility (i.e., Beta) of -0.0655, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning GIYANI GOLD are expected to decrease at a much lower rate. During the bear market, GIYANI GOLD is likely to outperform the market. GIYANI GOLD currently retains a risk of 0.0%. Please check out GIYANI GOLD information ratio, kurtosis, and the relationship between the standard deviation and maximum drawdown , to decide if GIYANI GOLD will be following its current trending patterns.
Auto-correlation | 1.00 |
Perfect predictability
GIYANI GOLD has perfect predictability. Overlapping area represents the amount of predictability between GIYANI GOLD time series from 13th of November 2024 to 28th of November 2024 and 28th of November 2024 to 13th 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 GIYANI GOLD price movement. The serial correlation of 1.0 indicates that 100.0% of current GIYANI GOLD price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
GIYANI GOLD lagged returns against current returns
Autocorrelation, which is GIYANI GOLD 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 GIYANI GOLD's stock expected returns. We can calculate the autocorrelation of GIYANI GOLD returns to help us make a trade decision. For example, suppose you find that GIYANI GOLD 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 |
GIYANI GOLD 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 GIYANI GOLD stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GIYANI GOLD stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GIYANI GOLD stock over time.
Current vs Lagged Prices |
| Timeline |
GIYANI GOLD Lagged Returns
When evaluating GIYANI GOLD's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GIYANI GOLD stock have on its future price. GIYANI GOLD 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, GIYANI GOLD autocorrelation shows the relationship between GIYANI GOLD stock current value and its past values and can show if there is a momentum factor associated with investing in GIYANI GOLD.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for GIYANI Stock Analysis
When running GIYANI GOLD's price analysis, check to measure GIYANI GOLD'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 GIYANI GOLD is operating at the current time. Most of GIYANI GOLD's value examination focuses on studying past and present price action to predict the probability of GIYANI GOLD's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GIYANI GOLD's price. Additionally, you may evaluate how the addition of GIYANI GOLD to your portfolios can decrease your overall portfolio volatility.