Greif Inc Stock Market Value
GEF-B Stock | USD 63.78 1.47 2.25% |
Symbol | Greif |
Greif Inc Price To Book Ratio
Greif '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 Greif'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 Greif.
01/19/2024 |
| 03/19/2024 |
If you would invest 0.00 in Greif on January 19, 2024 and sell it all today you would earn a total of 0.00 from holding Greif Inc or generate 0.0% return on investment in Greif over 60 days. Greif is related to or competes with International Paper, O I, Avery Dennison, Crown Holdings, Greif Bros, Graphic Packaging, and Myers Industries. Greif, Inc. produces and sells industrial packaging products and services worldwide More
Greif 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 Greif'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 Greif Inc upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 1.42 | |||
Information Ratio | (0.04) | |||
Maximum Drawdown | 10.43 | |||
Value At Risk | (2.49) | |||
Potential Upside | 2.69 |
Greif Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Greif's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Greif's standard deviation. In reality, there are many statistical measures that can use Greif historical prices to predict the future Greif's volatility.Risk Adjusted Performance | 0.036 | |||
Jensen Alpha | (0.13) | |||
Total Risk Alpha | (0.29) | |||
Sortino Ratio | (0.05) | |||
Treynor Ratio | 0.0469 |
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Greif's 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. Please use the tools below to analyze the current value of Greif in the context of predictive analytics.
Greif Inc Backtested Returns
Greif Inc holds Efficiency (Sharpe) Ratio of -0.0463, which attests that the entity had -0.0463% return per unit of risk over the last 3 months. Our standpoint towards determining the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Greif Inc exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its stock price that cannot be diversified away. Please check out Greif's Downside Deviation of 1.42, market risk adjusted performance of 0.0569, and Risk Adjusted Performance of 0.036 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 1.47, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Greif will likely underperform. Greif Inc exposes thirty different technical indicators, which can help you to evaluate its performance. Greif Inc has an expected return of -0.0664%. Please make sure to check out Greif semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and standard deviation to decide if Greif Inc performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.53 |
Good reverse predictability
Greif Inc has good reverse predictability. Overlapping area represents the amount of predictability between Greif time series from 19th of January 2024 to 18th of February 2024 and 18th of February 2024 to 19th of March 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 Greif Inc price movement. The serial correlation of -0.53 indicates that about 53.0% of current Greif price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.53 | |
Spearman Rank Test | -0.62 | |
Residual Average | 0.0 | |
Price Variance | 3.06 |
Greif Inc lagged returns against current returns
Autocorrelation, which is Greif 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 Greif's stock expected returns. We can calculate the autocorrelation of Greif returns to help us make a trade decision. For example, suppose you find that Greif stock 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 stock movement to match the lagging time series.
Current and Lagged Values |
Timeline |
Greif 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 Greif stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Greif stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Greif stock over time.
Current vs Lagged Prices |
Timeline |
Greif Lagged Returns
When evaluating Greif's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Greif stock have on its future price. Greif 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, Greif autocorrelation shows the relationship between Greif stock current value and its past values and can show if there is a momentum factor associated with investing in Greif Inc.
Regressed Prices |
Timeline |
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Try AI Portfolio ArchitectCheck out Greif Correlation, Greif Volatility and Greif Alpha and Beta module to complement your research on Greif. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Greif Stock analysis
When running Greif's price analysis, check to measure Greif's 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 Greif is operating at the current time. Most of Greif's value examination focuses on studying past and present price action to predict the probability of Greif's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Greif's price. Additionally, you may evaluate how the addition of Greif to your portfolios can decrease your overall portfolio volatility.
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Greif 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.