Gurktaler Aktiengesellscha (Austria) Market Value
| GAGV Stock | EUR 9.25 0.25 2.63% |
| Symbol | Gurktaler |
Gurktaler Aktiengesellscha '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 Gurktaler Aktiengesellscha'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 Gurktaler Aktiengesellscha.
| 02/23/2024 |
| 05/23/2024 |
If you would invest 0.00 in Gurktaler Aktiengesellscha on February 23, 2024 and sell it all today you would earn a total of 0.00 from holding Gurktaler Aktiengesellschaft or generate 0.0% return on investment in Gurktaler Aktiengesellscha over 90 days. Gurktaler Aktiengesellscha is related to or competes with UNIQA Insurance, Erste Group, Vienna Insurance, BKS Bank, and Raiffeisen Bank. Gurktaler Aktiengesellschaft produces and distributes herbal spirits in Austria More
Gurktaler Aktiengesellscha 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 Gurktaler Aktiengesellscha'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 Gurktaler Aktiengesellschaft upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 10.68 | |||
| Information Ratio | 0.0553 | |||
| Maximum Drawdown | 48.5 | |||
| Value At Risk | (1.27) | |||
| Potential Upside | 1.25 |
Gurktaler Aktiengesellscha Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gurktaler Aktiengesellscha's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gurktaler Aktiengesellscha's standard deviation. In reality, there are many statistical measures that can use Gurktaler Aktiengesellscha historical prices to predict the future Gurktaler Aktiengesellscha's volatility.| Risk Adjusted Performance | 0.049 | |||
| Jensen Alpha | 0.3537 | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | 0.0284 | |||
| Treynor Ratio | 1.45 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Gurktaler Aktiengesellscha'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.
Gurktaler Aktiengesellscha Backtested Returns
Gurktaler Aktiengesellscha appears to be moderately volatile, given 3 months investment horizon. Gurktaler Aktiengesellscha holds Efficiency (Sharpe) Ratio of 0.0696, which attests that the entity had a 0.0696% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Gurktaler Aktiengesellscha, which you can use to evaluate the volatility of the firm. Please utilize Gurktaler Aktiengesellscha's Downside Deviation of 10.68, risk adjusted performance of 0.049, and Market Risk Adjusted Performance of 1.46 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Gurktaler Aktiengesellscha holds a performance score of 5. The company retains a Market Volatility (i.e., Beta) of 0.26, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Gurktaler Aktiengesellscha's returns are expected to increase less than the market. However, during the bear market, the loss of holding Gurktaler Aktiengesellscha is expected to be smaller as well. Please check Gurktaler Aktiengesellscha's treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Gurktaler Aktiengesellscha's current trending patterns will revert.
Auto-correlation | -0.12 |
Insignificant reverse predictability
Gurktaler Aktiengesellschaft has insignificant reverse predictability. Overlapping area represents the amount of predictability between Gurktaler Aktiengesellscha time series from 23rd of February 2024 to 8th of April 2024 and 8th of April 2024 to 23rd of May 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 Gurktaler Aktiengesellscha price movement. The serial correlation of -0.12 indicates that less than 12.0% of current Gurktaler Aktiengesellscha price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.68 |
Gurktaler Aktiengesellscha lagged returns against current returns
Autocorrelation, which is Gurktaler Aktiengesellscha 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 Gurktaler Aktiengesellscha's stock expected returns. We can calculate the autocorrelation of Gurktaler Aktiengesellscha returns to help us make a trade decision. For example, suppose you find that Gurktaler Aktiengesellscha 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 |
Gurktaler Aktiengesellscha 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 Gurktaler Aktiengesellscha stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gurktaler Aktiengesellscha stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gurktaler Aktiengesellscha stock over time.
Current vs Lagged Prices |
| Timeline |
Gurktaler Aktiengesellscha Lagged Returns
When evaluating Gurktaler Aktiengesellscha's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gurktaler Aktiengesellscha stock have on its future price. Gurktaler Aktiengesellscha 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, Gurktaler Aktiengesellscha autocorrelation shows the relationship between Gurktaler Aktiengesellscha stock current value and its past values and can show if there is a momentum factor associated with investing in Gurktaler Aktiengesellschaft.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Check out Gurktaler Aktiengesellscha Correlation, Gurktaler Aktiengesellscha Volatility and Gurktaler Aktiengesellscha Alpha and Beta module to complement your research on Gurktaler Aktiengesellscha. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for Gurktaler Stock analysis
When running Gurktaler Aktiengesellscha's price analysis, check to measure Gurktaler Aktiengesellscha'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 Gurktaler Aktiengesellscha is operating at the current time. Most of Gurktaler Aktiengesellscha's value examination focuses on studying past and present price action to predict the probability of Gurktaler Aktiengesellscha's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gurktaler Aktiengesellscha's price. Additionally, you may evaluate how the addition of Gurktaler Aktiengesellscha to your portfolios can decrease your overall portfolio volatility.
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Gurktaler Aktiengesellscha technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.