GLATFELTER (Germany) Market Value
| GLN Stock | EUR 17.20 0.60 3.37% |
| Symbol | GLATFELTER |
GLATFELTER '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 GLATFELTER'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 GLATFELTER.
| 11/21/2024 |
| 12/21/2024 |
If you would invest 0.00 in GLATFELTER on November 21, 2024 and sell it all today you would earn a total of 0.00 from holding GLATFELTER or generate 0.0% return on investment in GLATFELTER over 30 days. GLATFELTER is related to or competes with Columbia Sportswear, DiamondRock Hospitality, Playa Hotels, ARISTOCRAT LEISURE, Bumrungrad Hospital, and InPlay Oil. More
GLATFELTER 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 GLATFELTER'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 GLATFELTER upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 26.33 | |||
| Value At Risk | (4.45) | |||
| Potential Upside | 4.7 |
GLATFELTER Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GLATFELTER's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GLATFELTER's standard deviation. In reality, there are many statistical measures that can use GLATFELTER historical prices to predict the future GLATFELTER's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.33) | |||
| Treynor Ratio | (0.42) |
GLATFELTER Backtested Returns
GLATFELTER retains Efficiency (Sharpe Ratio) of -0.0321, which attests that the entity had a -0.0321% return per unit of risk over the last 3 months. GLATFELTER exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GLATFELTER's Variance of 13.43, market risk adjusted performance of (0.41), and Coefficient Of Variation of (1,659) to validate the risk estimate we provide. The company owns a Beta (Systematic Risk) of 0.56, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, GLATFELTER's returns are expected to increase less than the market. However, during the bear market, the loss of holding GLATFELTER is expected to be smaller as well. At this point, GLATFELTER has a negative expected return of -0.12%. Please make sure to check out GLATFELTER's market risk adjusted performance, coefficient of variation, information ratio, as well as the relationship between the mean deviation and standard deviation , to decide if GLATFELTER performance from the past will be repeated in the future.
Auto-correlation | 0.19 |
Very weak predictability
GLATFELTER has very weak predictability. Overlapping area represents the amount of predictability between GLATFELTER time series from 21st of November 2024 to 6th of December 2024 and 6th of December 2024 to 21st 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 GLATFELTER price movement. The serial correlation of 0.19 indicates that over 19.0% of current GLATFELTER price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.19 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.33 |
GLATFELTER lagged returns against current returns
Autocorrelation, which is GLATFELTER 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 GLATFELTER's stock expected returns. We can calculate the autocorrelation of GLATFELTER returns to help us make a trade decision. For example, suppose you find that GLATFELTER 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 |
GLATFELTER 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 GLATFELTER stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GLATFELTER stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GLATFELTER stock over time.
Current vs Lagged Prices |
| Timeline |
GLATFELTER Lagged Returns
When evaluating GLATFELTER's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GLATFELTER stock have on its future price. GLATFELTER 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, GLATFELTER autocorrelation shows the relationship between GLATFELTER stock current value and its past values and can show if there is a momentum factor associated with investing in GLATFELTER.
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 GLATFELTER Stock
GLATFELTER financial ratios help investors to determine whether GLATFELTER 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 GLATFELTER with respect to the benefits of owning GLATFELTER security.