GMP Property (Spain) Market Value
| YGMP Stock | EUR 66.00 0.50 0.76% |
| Symbol | GMP |
GMP Property '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 GMP Property'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 GMP Property.
| 02/29/2024 |
| 11/25/2024 |
If you would invest 0.00 in GMP Property on February 29, 2024 and sell it all today you would earn a total of 0.00 from holding GMP Property SOCIMI or generate 0.0% return on investment in GMP Property over 270 days. GMP Property is related to or competes with Merlin Properties, and Castellana Properties. Gmp Property SOCIMI, S.A. invests, acquires, develops, and manages offices, shopping centers and commercial premises, in... More
GMP Property 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 GMP Property'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 GMP Property SOCIMI upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0599 | |||
| Maximum Drawdown | 16.81 |
GMP Property Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GMP Property's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GMP Property's standard deviation. In reality, there are many statistical measures that can use GMP Property historical prices to predict the future GMP Property's volatility.| Risk Adjusted Performance | 0.1007 | |||
| Jensen Alpha | 0.2357 | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | 3.28 |
GMP Property SOCIMI Backtested Returns
GMP Property appears to be very steady, given 3 months investment horizon. GMP Property SOCIMI holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of volatility over the last 3 months. We have found twenty-two technical indicators for GMP Property SOCIMI, which you can use to evaluate the volatility of the firm. Please utilize GMP Property's market risk adjusted performance of 3.29, and Risk Adjusted Performance of 0.1007 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, GMP Property holds a performance score of 9. The company retains a Market Volatility (i.e., Beta) of 0.0747, which attests to not very significant fluctuations relative to the market. As returns on the market increase, GMP Property's returns are expected to increase less than the market. However, during the bear market, the loss of holding GMP Property is expected to be smaller as well. Please check GMP Property's maximum drawdown, accumulation distribution, rate of daily change, as well as the relationship between the kurtosis and daily balance of power , to make a quick decision on whether GMP Property's current trending patterns will revert.
Auto-correlation | 0.05 |
Virtually no predictability
GMP Property SOCIMI has virtually no predictability. Overlapping area represents the amount of predictability between GMP Property time series from 29th of February 2024 to 13th of July 2024 and 13th of July 2024 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 GMP Property SOCIMI price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current GMP Property price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.05 | |
| Spearman Rank Test | 0.97 | |
| Residual Average | 0.0 | |
| Price Variance | 20.37 |
GMP Property SOCIMI lagged returns against current returns
Autocorrelation, which is GMP Property 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 GMP Property's stock expected returns. We can calculate the autocorrelation of GMP Property returns to help us make a trade decision. For example, suppose you find that GMP Property 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 |
GMP Property 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 GMP Property stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GMP Property stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GMP Property stock over time.
Current vs Lagged Prices |
| Timeline |
GMP Property Lagged Returns
When evaluating GMP Property's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GMP Property stock have on its future price. GMP Property 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, GMP Property autocorrelation shows the relationship between GMP Property stock current value and its past values and can show if there is a momentum factor associated with investing in GMP Property SOCIMI.
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.Other Information on Investing in GMP Stock
GMP Property financial ratios help investors to determine whether GMP 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 GMP with respect to the benefits of owning GMP Property security.