Gran Tierra Energy Stock Market Value
| GTE Stock | USD 8.26 0.11 1.35% |
| Symbol | Gran |
Gran Tierra Energy Price To Book Ratio
Is Gran Tierra's industry 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 Gran Tierra. If investors know Gran 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 Gran Tierra listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.74) | Earnings Share (0.19) | Revenue Per Share 19.031 | Quarterly Revenue Growth (0.05) | Return On Assets 0.0818 |
The market value of Gran Tierra Energy is measured differently than its book value, which is the value of Gran that is recorded on the company's balance sheet. Investors also form their own opinion of Gran Tierra's value that differs from its market value or its book value, called intrinsic value, which is Gran Tierra's 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 Gran Tierra's market value can be influenced by many factors that don't directly affect Gran Tierra's 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 Gran Tierra's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gran Tierra is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gran Tierra's 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.
Gran Tierra '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 Gran Tierra'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 Gran Tierra.
| 07/04/2022 |
| 04/24/2024 |
If you would invest 0.00 in Gran Tierra on July 4, 2022 and sell it all today you would earn a total of 0.00 from holding Gran Tierra Energy or generate 0.0% return on investment in Gran Tierra over 660 days. Gran Tierra is related to or competes with Permian Resources, PEDEVCO Corp, Crescent Point, Vermilion Energy, Ovintiv, Vital Energy, and SilverBow Resources. Gran Tierra Energy Inc., together with its subsidiaries, engages in the exploration and production of oil and gas proper... More
Gran Tierra 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 Gran Tierra'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 Gran Tierra Energy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.62 | |||
| Information Ratio | 0.2557 | |||
| Maximum Drawdown | 12.27 | |||
| Value At Risk | (3.58) | |||
| Potential Upside | 5.9 |
Gran Tierra Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gran Tierra's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gran Tierra's standard deviation. In reality, there are many statistical measures that can use Gran Tierra historical prices to predict the future Gran Tierra's volatility.| Risk Adjusted Performance | 0.1881 | |||
| Jensen Alpha | 0.7097 | |||
| Total Risk Alpha | 0.4251 | |||
| Sortino Ratio | 0.2786 | |||
| Treynor Ratio | 0.6541 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Gran Tierra'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.
Gran Tierra Energy Backtested Returns
Gran Tierra appears to be somewhat reliable, given 3 months investment horizon. Gran Tierra Energy holds Efficiency (Sharpe) Ratio of 0.26, which attests that the entity had a 0.26% return per unit of standard deviation over the last 3 months. By evaluating Gran Tierra's technical indicators, you can evaluate if the expected return of 0.75% is justified by implied risk. Please utilize Gran Tierra's market risk adjusted performance of 0.6641, and Risk Adjusted Performance of 0.1881 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Gran Tierra holds a performance score of 20. The company retains a Market Volatility (i.e., Beta) of 1.25, 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, Gran Tierra will likely underperform. Please check Gran Tierra's value at risk, daily balance of power, and the relationship between the total risk alpha and expected short fall , to make a quick decision on whether Gran Tierra's current trending patterns will revert.
Auto-correlation | -0.13 |
Insignificant reverse predictability
Gran Tierra Energy has insignificant reverse predictability. Overlapping area represents the amount of predictability between Gran Tierra time series from 4th of July 2022 to 30th of May 2023 and 30th of May 2023 to 24th 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 Gran Tierra Energy price movement. The serial correlation of -0.13 indicates that less than 13.0% of current Gran Tierra price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.69 |
Gran Tierra Energy lagged returns against current returns
Autocorrelation, which is Gran Tierra 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 Gran Tierra's stock expected returns. We can calculate the autocorrelation of Gran Tierra returns to help us make a trade decision. For example, suppose you find that Gran Tierra 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 |
Gran Tierra 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 Gran Tierra stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gran Tierra stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gran Tierra stock over time.
Current vs Lagged Prices |
| Timeline |
Gran Tierra Lagged Returns
When evaluating Gran Tierra's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gran Tierra stock have on its future price. Gran Tierra 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, Gran Tierra autocorrelation shows the relationship between Gran Tierra stock current value and its past values and can show if there is a momentum factor associated with investing in Gran Tierra Energy.
Regressed Prices |
| Timeline |
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When running Gran Tierra's price analysis, check to measure Gran Tierra'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 Gran Tierra is operating at the current time. Most of Gran Tierra's value examination focuses on studying past and present price action to predict the probability of Gran Tierra's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gran Tierra's price. Additionally, you may evaluate how the addition of Gran Tierra to your portfolios can decrease your overall portfolio volatility.
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Gran Tierra 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.