Greenbrier Companies Stock Market Value
| GBX Stock | USD 50.26 1.96 4.06% |
| Symbol | Greenbrier |
Is Shipbuilding Railroad Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Greenbrier Companies. If investors know Greenbrier will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Greenbrier Companies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Greenbrier Companies is measured differently than its book value, which is the value of Greenbrier that is recorded on the company's balance sheet. Investors also form their own opinion of Greenbrier Companies' value that differs from its market value or its book value, called intrinsic value, which is Greenbrier Companies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Greenbrier Companies' market value can be influenced by many factors that don't directly affect Greenbrier Companies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Greenbrier Companies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Greenbrier Companies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greenbrier Companies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Greenbrier Companies '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 Greenbrier Companies' 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 Greenbrier Companies.
| 04/27/2024 |
| 07/26/2024 |
If you would invest 0.00 in Greenbrier Companies on April 27, 2024 and sell it all today you would earn a total of 0.00 from holding Greenbrier Companies or generate 0.0% return on investment in Greenbrier Companies over 90 days. Greenbrier Companies is related to or competes with LB Foster, Freightcar America, Westinghouse Air, CSX, Trinity Industries, Norfolk Southern, and Union Pacific. The Greenbrier Companies, Inc. designs, manufactures, and markets railroad freight car equipment in North America, Europ... More
Greenbrier Companies 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 Greenbrier Companies' 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 Greenbrier Companies upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 12.9 | |||
| Value At Risk | (3.21) | |||
| Potential Upside | 3.47 |
Greenbrier Companies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Greenbrier Companies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Greenbrier Companies' standard deviation. In reality, there are many statistical measures that can use Greenbrier Companies historical prices to predict the future Greenbrier Companies' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | (0.08) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Greenbrier Companies' 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.
Greenbrier Companies Backtested Returns
At this stage we consider Greenbrier Stock to be very steady. Greenbrier Companies holds Efficiency (Sharpe) Ratio of 0.0056, which attests that the entity had a 0.0056% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Greenbrier Companies, which you can use to evaluate the volatility of the firm. Please check out Greenbrier Companies' Standard Deviation of 2.32, risk adjusted performance of (0.01), and Market Risk Adjusted Performance of (0.07) to validate if the risk estimate we provide is consistent with the expected return of 0.0132%. The company retains a Market Volatility (i.e., Beta) of 0.96, which attests to possible diversification benefits within a given portfolio. Greenbrier Companies returns are very sensitive to returns on the market. As the market goes up or down, Greenbrier Companies is expected to follow. Greenbrier Companies right now retains a risk of 2.37%. Please check out Greenbrier Companies total risk alpha, as well as the relationship between the kurtosis and day typical price , to decide if Greenbrier Companies will be following its current trending patterns.
Auto-correlation | -0.03 |
Very weak reverse predictability
Greenbrier Companies has very weak reverse predictability. Overlapping area represents the amount of predictability between Greenbrier Companies time series from 27th of April 2024 to 11th of June 2024 and 11th of June 2024 to 26th of July 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 Greenbrier Companies price movement. The serial correlation of -0.03 indicates that only 3.0% of current Greenbrier Companies price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.03 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 4.0 |
Greenbrier Companies lagged returns against current returns
Autocorrelation, which is Greenbrier Companies 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 Greenbrier Companies' stock expected returns. We can calculate the autocorrelation of Greenbrier Companies returns to help us make a trade decision. For example, suppose you find that Greenbrier Companies 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 |
Greenbrier Companies 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 Greenbrier Companies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Greenbrier Companies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Greenbrier Companies stock over time.
Current vs Lagged Prices |
| Timeline |
Greenbrier Companies Lagged Returns
When evaluating Greenbrier Companies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Greenbrier Companies stock have on its future price. Greenbrier Companies 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, Greenbrier Companies autocorrelation shows the relationship between Greenbrier Companies stock current value and its past values and can show if there is a momentum factor associated with investing in Greenbrier Companies.
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.Additional Tools for Greenbrier Stock Analysis
When running Greenbrier Companies' price analysis, check to measure Greenbrier Companies' 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 Greenbrier Companies is operating at the current time. Most of Greenbrier Companies' value examination focuses on studying past and present price action to predict the probability of Greenbrier Companies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Greenbrier Companies' price. Additionally, you may evaluate how the addition of Greenbrier Companies to your portfolios can decrease your overall portfolio volatility.