Gaztransport Technigaz (Germany) Market Value
| 9TG Stock | EUR 162.40 1.10 0.67% |
| Symbol | Gaztransport |
Gaztransport Technigaz '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 Gaztransport Technigaz'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 Gaztransport Technigaz.
| 03/10/2025 |
| 07/08/2025 |
If you would invest 0.00 in Gaztransport Technigaz on March 10, 2025 and sell it all today you would earn a total of 0.00 from holding Gaztransport Technigaz SA or generate 0.0% return on investment in Gaztransport Technigaz over 120 days. Gaztransport Technigaz is related to or competes with Sterling Construction, Hanison Construction, EBRO FOODS, Dairy Farm, China Railway, HIGH QUALITY, and AGRICULTBK HADR/25. Gaztransport Technigaz SA, an engineering company, provides cryogenic membrane containment systems for the maritime tran... More
Gaztransport Technigaz 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 Gaztransport Technigaz'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 Gaztransport Technigaz SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.38 | |||
| Information Ratio | 0.1097 | |||
| Maximum Drawdown | 10.56 | |||
| Value At Risk | (2.64) | |||
| Potential Upside | 3.63 |
Gaztransport Technigaz Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gaztransport Technigaz's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gaztransport Technigaz's standard deviation. In reality, there are many statistical measures that can use Gaztransport Technigaz historical prices to predict the future Gaztransport Technigaz's volatility.| Risk Adjusted Performance | 0.255 | |||
| Jensen Alpha | 0.3255 | |||
| Total Risk Alpha | 0.2109 | |||
| Sortino Ratio | 0.1013 | |||
| Treynor Ratio | 8.74 |
Gaztransport Technigaz Backtested Returns
Gaztransport Technigaz appears to be very steady, given 3 months investment horizon. Gaztransport Technigaz holds Efficiency (Sharpe) Ratio of 0.3, which attests that the entity had a 0.3 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Gaztransport Technigaz, which you can use to evaluate the volatility of the firm. Please utilize Gaztransport Technigaz's Risk Adjusted Performance of 0.255, downside deviation of 2.38, and Market Risk Adjusted Performance of 8.75 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Gaztransport Technigaz holds a performance score of 23. The company retains a Market Volatility (i.e., Beta) of 0.0376, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Gaztransport Technigaz's returns are expected to increase less than the market. However, during the bear market, the loss of holding Gaztransport Technigaz is expected to be smaller as well. Please check Gaztransport Technigaz's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to make a quick decision on whether Gaztransport Technigaz's current trending patterns will revert.
Auto-correlation | -0.26 |
Weak reverse predictability
Gaztransport Technigaz SA has weak reverse predictability. Overlapping area represents the amount of predictability between Gaztransport Technigaz time series from 10th of March 2025 to 9th of May 2025 and 9th of May 2025 to 8th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Gaztransport Technigaz price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current Gaztransport Technigaz price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 50.49 |
Gaztransport Technigaz lagged returns against current returns
Autocorrelation, which is Gaztransport Technigaz 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 Gaztransport Technigaz's stock expected returns. We can calculate the autocorrelation of Gaztransport Technigaz returns to help us make a trade decision. For example, suppose you find that Gaztransport Technigaz 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 |
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Gaztransport Technigaz 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 Gaztransport Technigaz stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gaztransport Technigaz stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gaztransport Technigaz stock over time.
Current vs Lagged Prices |
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Gaztransport Technigaz Lagged Returns
When evaluating Gaztransport Technigaz's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gaztransport Technigaz stock have on its future price. Gaztransport Technigaz 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, Gaztransport Technigaz autocorrelation shows the relationship between Gaztransport Technigaz stock current value and its past values and can show if there is a momentum factor associated with investing in Gaztransport Technigaz SA.
Regressed Prices |
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Currently Active Assets on Macroaxis
Other Information on Investing in Gaztransport Stock
Gaztransport Technigaz financial ratios help investors to determine whether Gaztransport Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Gaztransport with respect to the benefits of owning Gaztransport Technigaz security.