Grard Perrier (France) Market Value
| PERR Stock | EUR 88.00 1.20 1.35% |
| Symbol | Grard |
Grard Perrier '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 Grard Perrier'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 Grard Perrier.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Grard Perrier on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Grard Perrier Industrie or generate 0.0% return on investment in Grard Perrier over 720 days. Grard Perrier is related to or competes with Novatech Industries, Manitou BF, Ossiam Minimum, Ekinops SA, Orapi SA, and Memscap Regpt. Grard Perrier Industrie S.A. engages in designing, manufacturing, installing, and maintaining industrial electrical, ele... More
Grard Perrier 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 Grard Perrier'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 Grard Perrier Industrie upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 8.13 | |||
| Value At Risk | (2.03) | |||
| Potential Upside | 1.44 |
Grard Perrier Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grard Perrier's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Grard Perrier's standard deviation. In reality, there are many statistical measures that can use Grard Perrier historical prices to predict the future Grard Perrier's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | 0.2695 |
Grard Perrier Industrie Backtested Returns
Grard Perrier Industrie holds Efficiency (Sharpe) Ratio of -0.0419, which attests that the entity had a -0.0419% return per unit of standard deviation over the last 3 months. Grard Perrier Industrie exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Grard Perrier's market risk adjusted performance of 0.2795, and Risk Adjusted Performance of (0.02) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.2, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Grard Perrier are expected to decrease at a much lower rate. During the bear market, Grard Perrier is likely to outperform the market. At this point, Grard Perrier Industrie has a negative expected return of -0.0505%. Please make sure to check out Grard Perrier's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Grard Perrier Industrie performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.34 |
Poor reverse predictability
Grard Perrier Industrie has poor reverse predictability. Overlapping area represents the amount of predictability between Grard Perrier time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd 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 Grard Perrier Industrie price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current Grard Perrier price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 16.17 |
Grard Perrier Industrie lagged returns against current returns
Autocorrelation, which is Grard Perrier 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 Grard Perrier's stock expected returns. We can calculate the autocorrelation of Grard Perrier returns to help us make a trade decision. For example, suppose you find that Grard Perrier 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 |
Grard Perrier 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 Grard Perrier stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Grard Perrier stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Grard Perrier stock over time.
Current vs Lagged Prices |
| Timeline |
Grard Perrier Lagged Returns
When evaluating Grard Perrier's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Grard Perrier stock have on its future price. Grard Perrier 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, Grard Perrier autocorrelation shows the relationship between Grard Perrier stock current value and its past values and can show if there is a momentum factor associated with investing in Grard Perrier Industrie.
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 Grard Stock
Grard Perrier financial ratios help investors to determine whether Grard 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 Grard with respect to the benefits of owning Grard Perrier security.