General De (Spain) Market Value
| GAM Stock | EUR 1.34 0.01 0.75% |
| Symbol | General |
General De '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 General De'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 General De.
| 12/23/2022 |
| 12/12/2024 |
If you would invest 0.00 in General De on December 23, 2022 and sell it all today you would earn a total of 0.00 from holding General de Alquiler or generate 0.0% return on investment in General De over 720 days. General De is related to or competes with Tier1 Technology, NH Hoteles, Borges Agricultural, and International Consolidated. More
General De 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 General De'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 General de Alquiler upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.29 | |||
| Information Ratio | 0.0124 | |||
| Maximum Drawdown | 10.39 | |||
| Value At Risk | (2.96) | |||
| Potential Upside | 3.85 |
General De Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for General De's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as General De's standard deviation. In reality, there are many statistical measures that can use General De historical prices to predict the future General De's volatility.| Risk Adjusted Performance | 0.061 | |||
| Jensen Alpha | 0.1536 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.0106 | |||
| Treynor Ratio | (1.07) |
General de Alquiler Backtested Returns
At this point, General De is very risky. General de Alquiler holds Efficiency (Sharpe) Ratio of 0.0834, which attests that the entity had a 0.0834% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for General de Alquiler, which you can use to evaluate the volatility of the firm. Please check out General De's Market Risk Adjusted Performance of (1.06), risk adjusted performance of 0.061, and Downside Deviation of 2.29 to validate if the risk estimate we provide is consistent with the expected return of 0.17%. General De has a performance score of 6 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.13, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning General De are expected to decrease at a much lower rate. During the bear market, General De is likely to outperform the market. General de Alquiler right now retains a risk of 1.99%. Please check out General De maximum drawdown, semi variance, and the relationship between the sortino ratio and potential upside , to decide if General De will be following its current trending patterns.
Auto-correlation | 0.56 |
Modest predictability
General de Alquiler has modest predictability. Overlapping area represents the amount of predictability between General De time series from 23rd of December 2022 to 18th of December 2023 and 18th of December 2023 to 12th 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 General de Alquiler price movement. The serial correlation of 0.56 indicates that roughly 56.0% of current General De price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.56 | |
| Spearman Rank Test | 0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
General de Alquiler lagged returns against current returns
Autocorrelation, which is General De 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 General De's stock expected returns. We can calculate the autocorrelation of General De returns to help us make a trade decision. For example, suppose you find that General De 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 |
General De 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 General De stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if General De stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in General De stock over time.
Current vs Lagged Prices |
| Timeline |
General De Lagged Returns
When evaluating General De's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of General De stock have on its future price. General De 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, General De autocorrelation shows the relationship between General De stock current value and its past values and can show if there is a momentum factor associated with investing in General de Alquiler.
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 General Stock
General De financial ratios help investors to determine whether General 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 General with respect to the benefits of owning General De security.