Gielda Praw (Poland) Market Value
| VIN Stock | 9.40 0.20 2.08% |
| Symbol | Gielda |
Gielda Praw '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 Gielda Praw'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 Gielda Praw.
| 11/03/2024 |
| 12/03/2024 |
If you would invest 0.00 in Gielda Praw on November 3, 2024 and sell it all today you would earn a total of 0.00 from holding Gielda Praw Majatkowych or generate 0.0% return on investment in Gielda Praw over 30 days.
Gielda Praw 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 Gielda Praw'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 Gielda Praw Majatkowych upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 9.43 | |||
| Value At Risk | (3.23) | |||
| Potential Upside | 4.63 |
Gielda Praw Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gielda Praw's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gielda Praw's standard deviation. In reality, there are many statistical measures that can use Gielda Praw historical prices to predict the future Gielda Praw's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | (0.13) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Gielda Praw'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.
Gielda Praw Majatkowych Backtested Returns
Gielda Praw Majatkowych holds Efficiency (Sharpe) Ratio of -0.0368, which attests that the entity had a -0.0368% return per unit of risk over the last 3 months. Gielda Praw Majatkowych exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gielda Praw's Standard Deviation of 1.99, risk adjusted performance of (0.02), and Market Risk Adjusted Performance of (0.12) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.56, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Gielda Praw's returns are expected to increase less than the market. However, during the bear market, the loss of holding Gielda Praw is expected to be smaller as well. At this point, Gielda Praw Majatkowych has a negative expected return of -0.0705%. Please make sure to check out Gielda Praw's kurtosis, and the relationship between the maximum drawdown and day median price , to decide if Gielda Praw Majatkowych performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.49 |
Modest reverse predictability
Gielda Praw Majatkowych has modest reverse predictability. Overlapping area represents the amount of predictability between Gielda Praw time series from 3rd of November 2024 to 18th of November 2024 and 18th of November 2024 to 3rd 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 Gielda Praw Majatkowych price movement. The serial correlation of -0.49 indicates that about 49.0% of current Gielda Praw price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.49 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Gielda Praw Majatkowych lagged returns against current returns
Autocorrelation, which is Gielda Praw 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 Gielda Praw's stock expected returns. We can calculate the autocorrelation of Gielda Praw returns to help us make a trade decision. For example, suppose you find that Gielda Praw 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 |
Gielda Praw 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 Gielda Praw stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gielda Praw stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gielda Praw stock over time.
Current vs Lagged Prices |
| Timeline |
Gielda Praw Lagged Returns
When evaluating Gielda Praw's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gielda Praw stock have on its future price. Gielda Praw 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, Gielda Praw autocorrelation shows the relationship between Gielda Praw stock current value and its past values and can show if there is a momentum factor associated with investing in Gielda Praw Majatkowych.
Regressed Prices |
| Timeline |
Pair Trading with Gielda Praw
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 Gielda Praw 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 Gielda Praw will appreciate offsetting losses from the drop in the long position's value.Moving against Gielda Stock
The ability to find closely correlated positions to Gielda Praw could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gielda Praw 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 Gielda Praw - 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 Gielda Praw Majatkowych to buy it.
The correlation of Gielda Praw 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 Gielda Praw moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gielda Praw Majatkowych 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 Gielda Praw 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 Gielda Stock Analysis
When running Gielda Praw's price analysis, check to measure Gielda Praw'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 Gielda Praw is operating at the current time. Most of Gielda Praw's value examination focuses on studying past and present price action to predict the probability of Gielda Praw's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gielda Praw's price. Additionally, you may evaluate how the addition of Gielda Praw to your portfolios can decrease your overall portfolio volatility.