Grizzly Discoveries (Germany) Market Value
| G6H Stock | EUR 0 0 54.55% |
| Symbol | Grizzly |
Grizzly Discoveries '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 Grizzly Discoveries' 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 Grizzly Discoveries.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Grizzly Discoveries on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding Grizzly Discoveries or generate 0.0% return on investment in Grizzly Discoveries over 30 days. Grizzly Discoveries is related to or competes with Superior Plus, Origin Agritech, Identiv, INTUITIVE SURGICAL, Intel, and Volkswagen. Grizzly Discoveries Inc. engages in the acquisition, exploration, and development of mineral properties in Canada More
Grizzly Discoveries 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 Grizzly Discoveries' 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 Grizzly Discoveries upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 45.04 | |||
| Information Ratio | 0.157 | |||
| Maximum Drawdown | 417.95 | |||
| Value At Risk | (54.55) | |||
| Potential Upside | 60.0 |
Grizzly Discoveries Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grizzly Discoveries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Grizzly Discoveries' standard deviation. In reality, there are many statistical measures that can use Grizzly Discoveries historical prices to predict the future Grizzly Discoveries' volatility.| Risk Adjusted Performance | 0.1086 | |||
| Jensen Alpha | 12.74 | |||
| Total Risk Alpha | 1.5 | |||
| Sortino Ratio | 0.2455 | |||
| Treynor Ratio | (0.60) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Grizzly Discoveries' 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.
Grizzly Discoveries Backtested Returns
Grizzly Discoveries is out of control given 3 months investment horizon. Grizzly Discoveries holds Efficiency (Sharpe) Ratio of 0.16, which attests that the entity had a 0.16% return per unit of risk over the last 3 months. We were able to interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 11.6% are justified by taking the suggested risk. Use Grizzly Discoveries Market Risk Adjusted Performance of (0.59), downside deviation of 45.04, and Risk Adjusted Performance of 0.1086 to evaluate company specific risk that cannot be diversified away. Grizzly Discoveries holds a performance score of 12 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -18.67, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Grizzly Discoveries are expected to decrease by larger amounts. On the other hand, during market turmoil, Grizzly Discoveries is expected to outperform it. Use Grizzly Discoveries information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to analyze future returns on Grizzly Discoveries.
Auto-correlation | -0.56 |
Good reverse predictability
Grizzly Discoveries has good reverse predictability. Overlapping area represents the amount of predictability between Grizzly Discoveries time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th of April 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 Grizzly Discoveries price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current Grizzly Discoveries price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.56 | |
| Spearman Rank Test | -0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Grizzly Discoveries lagged returns against current returns
Autocorrelation, which is Grizzly Discoveries 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 Grizzly Discoveries' stock expected returns. We can calculate the autocorrelation of Grizzly Discoveries returns to help us make a trade decision. For example, suppose you find that Grizzly Discoveries 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 |
Grizzly Discoveries 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 Grizzly Discoveries stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Grizzly Discoveries stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Grizzly Discoveries stock over time.
Current vs Lagged Prices |
| Timeline |
Grizzly Discoveries Lagged Returns
When evaluating Grizzly Discoveries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Grizzly Discoveries stock have on its future price. Grizzly Discoveries 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, Grizzly Discoveries autocorrelation shows the relationship between Grizzly Discoveries stock current value and its past values and can show if there is a momentum factor associated with investing in Grizzly Discoveries.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Grizzly Discoveries in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Grizzly Discoveries' short interest history, or implied volatility extrapolated from Grizzly Discoveries options trading.
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Complementary Tools for Grizzly Stock analysis
When running Grizzly Discoveries' price analysis, check to measure Grizzly Discoveries' 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 Grizzly Discoveries is operating at the current time. Most of Grizzly Discoveries' value examination focuses on studying past and present price action to predict the probability of Grizzly Discoveries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grizzly Discoveries' price. Additionally, you may evaluate how the addition of Grizzly Discoveries to your portfolios can decrease your overall portfolio volatility.
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Grizzly Discoveries 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.