Groupe Minoteries (Switzerland) Market Value
| GMI Stock | CHF 260.00 2.00 0.78% |
| Symbol | Groupe |
Groupe Minoteries '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 Groupe Minoteries' 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 Groupe Minoteries.
| 11/19/2024 |
| 12/19/2024 |
If you would invest 0.00 in Groupe Minoteries on November 19, 2024 and sell it all today you would earn a total of 0.00 from holding Groupe Minoteries SA or generate 0.0% return on investment in Groupe Minoteries over 30 days. Groupe Minoteries is related to or competes with Carlo Gavazzi, Emmi AG, Cicor Technologies, Lem Holding, and Feintool International. Groupe Minoteries SA processes, refines, and markets grain and food raw materials in Switzerland More
Groupe Minoteries 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 Groupe Minoteries' 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 Groupe Minoteries SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.62 | |||
| Information Ratio | 0.0828 | |||
| Maximum Drawdown | 11.29 | |||
| Value At Risk | (3.36) | |||
| Potential Upside | 3.7 |
Groupe Minoteries Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Groupe Minoteries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Groupe Minoteries' standard deviation. In reality, there are many statistical measures that can use Groupe Minoteries historical prices to predict the future Groupe Minoteries' volatility.| Risk Adjusted Performance | 0.0828 | |||
| Jensen Alpha | 0.2031 | |||
| Total Risk Alpha | 0.1469 | |||
| Sortino Ratio | 0.0687 | |||
| Treynor Ratio | (0.97) |
Groupe Minoteries Backtested Returns
Groupe Minoteries appears to be very steady, given 3 months investment horizon. Groupe Minoteries holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Groupe Minoteries, which you can use to evaluate the volatility of the firm. Please utilize Groupe Minoteries' Downside Deviation of 2.62, risk adjusted performance of 0.0828, and Market Risk Adjusted Performance of (0.96) to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Groupe Minoteries holds a performance score of 10. The company retains a Market Volatility (i.e., Beta) of -0.2, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Groupe Minoteries are expected to decrease at a much lower rate. During the bear market, Groupe Minoteries is likely to outperform the market. Please check Groupe Minoteries' semi variance, rate of daily change, and the relationship between the value at risk and kurtosis , to make a quick decision on whether Groupe Minoteries' current trending patterns will revert.
Auto-correlation | -0.57 |
Good reverse predictability
Groupe Minoteries SA has good reverse predictability. Overlapping area represents the amount of predictability between Groupe Minoteries time series from 19th of November 2024 to 4th of December 2024 and 4th of December 2024 to 19th 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 Groupe Minoteries price movement. The serial correlation of -0.57 indicates that roughly 57.0% of current Groupe Minoteries price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.57 | |
| Spearman Rank Test | -0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 49.6 |
Groupe Minoteries lagged returns against current returns
Autocorrelation, which is Groupe Minoteries 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 Groupe Minoteries' stock expected returns. We can calculate the autocorrelation of Groupe Minoteries returns to help us make a trade decision. For example, suppose you find that Groupe Minoteries 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 |
Groupe Minoteries 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 Groupe Minoteries stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Groupe Minoteries stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Groupe Minoteries stock over time.
Current vs Lagged Prices |
| Timeline |
Groupe Minoteries Lagged Returns
When evaluating Groupe Minoteries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Groupe Minoteries stock have on its future price. Groupe Minoteries 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, Groupe Minoteries autocorrelation shows the relationship between Groupe Minoteries stock current value and its past values and can show if there is a momentum factor associated with investing in Groupe Minoteries SA.
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.Additional Tools for Groupe Stock Analysis
When running Groupe Minoteries' price analysis, check to measure Groupe Minoteries' 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 Groupe Minoteries is operating at the current time. Most of Groupe Minoteries' value examination focuses on studying past and present price action to predict the probability of Groupe Minoteries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Groupe Minoteries' price. Additionally, you may evaluate how the addition of Groupe Minoteries to your portfolios can decrease your overall portfolio volatility.