Ramsay Gnrale (Germany) Market Value
| GD6 Stock | EUR 11.75 0.10 0.86% |
| Symbol | Ramsay |
Ramsay Gnrale '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 Ramsay Gnrale'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 Ramsay Gnrale.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Ramsay Gnrale on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Ramsay Gnrale de or generate 0.0% return on investment in Ramsay Gnrale over 720 days. Ramsay Gnrale is related to or competes with Eastman Chemical, KINGBOARD CHEMICAL, SEKISUI CHEMICAL, Sekisui Chemical, ON SEMICONDUCTOR, and NXP Semiconductors. Ramsay Gnrale de Sant SA operates clinics and private hospitals in France More
Ramsay Gnrale 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 Ramsay Gnrale'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 Ramsay Gnrale de upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.29) | |||
| Maximum Drawdown | 11.44 | |||
| Value At Risk | (3.73) | |||
| Potential Upside | 2.83 |
Ramsay Gnrale Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ramsay Gnrale's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ramsay Gnrale's standard deviation. In reality, there are many statistical measures that can use Ramsay Gnrale historical prices to predict the future Ramsay Gnrale's volatility.| Risk Adjusted Performance | (0.16) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | (0.75) | |||
| Treynor Ratio | 1.31 |
Ramsay Gnrale de Backtested Returns
Ramsay Gnrale de maintains Sharpe Ratio (i.e., Efficiency) of -0.22, which implies the firm had a -0.22% return per unit of risk over the last 3 months. Ramsay Gnrale de exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Ramsay Gnrale's Variance of 3.75, coefficient of variation of (461.60), and Risk Adjusted Performance of (0.16) to confirm the risk estimate we provide. The company holds a Beta of -0.33, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Ramsay Gnrale are expected to decrease at a much lower rate. During the bear market, Ramsay Gnrale is likely to outperform the market. At this point, Ramsay Gnrale de has a negative expected return of -0.43%. Please make sure to check Ramsay Gnrale's information ratio, total risk alpha, potential upside, as well as the relationship between the jensen alpha and treynor ratio , to decide if Ramsay Gnrale de performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.52 |
Good reverse predictability
Ramsay Gnrale de has good reverse predictability. Overlapping area represents the amount of predictability between Ramsay Gnrale time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 Ramsay Gnrale de price movement. The serial correlation of -0.52 indicates that about 52.0% of current Ramsay Gnrale price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.52 | |
| Spearman Rank Test | -0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 5.0 |
Ramsay Gnrale de lagged returns against current returns
Autocorrelation, which is Ramsay Gnrale 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 Ramsay Gnrale's stock expected returns. We can calculate the autocorrelation of Ramsay Gnrale returns to help us make a trade decision. For example, suppose you find that Ramsay Gnrale 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 |
Ramsay Gnrale 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 Ramsay Gnrale stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ramsay Gnrale stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ramsay Gnrale stock over time.
Current vs Lagged Prices |
| Timeline |
Ramsay Gnrale Lagged Returns
When evaluating Ramsay Gnrale's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ramsay Gnrale stock have on its future price. Ramsay Gnrale 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, Ramsay Gnrale autocorrelation shows the relationship between Ramsay Gnrale stock current value and its past values and can show if there is a momentum factor associated with investing in Ramsay Gnrale de.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Ramsay Stock
Ramsay Gnrale financial ratios help investors to determine whether Ramsay 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 Ramsay with respect to the benefits of owning Ramsay Gnrale security.