Garovaglio (Argentina) Market Value
| GARO Stock | ARS 235.00 10.75 4.37% |
| Symbol | Garovaglio |
Garovaglio '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 Garovaglio'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 Garovaglio.
| 04/23/2025 |
| 07/22/2025 |
If you would invest 0.00 in Garovaglio on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding Garovaglio y Zorraquin or generate 0.0% return on investment in Garovaglio over 90 days. Garovaglio is related to or competes with Carlos Casado, Sociedad Comercial, American Express, and NIKE. Garovaglio y Zorraqun S.A., through its subsidiaries, engages in the industrial, commercial, and financial operations in... More
Garovaglio 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 Garovaglio'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 Garovaglio y Zorraquin upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.5 | |||
| Information Ratio | 0.0651 | |||
| Maximum Drawdown | 27.2 | |||
| Value At Risk | (7.98) | |||
| Potential Upside | 9.11 |
Garovaglio Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Garovaglio's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Garovaglio's standard deviation. In reality, there are many statistical measures that can use Garovaglio historical prices to predict the future Garovaglio's volatility.| Risk Adjusted Performance | 0.0922 | |||
| Jensen Alpha | 0.5671 | |||
| Total Risk Alpha | (0.34) | |||
| Sortino Ratio | 0.0697 | |||
| Treynor Ratio | (1.48) |
Garovaglio y Zorraquin Backtested Returns
Garovaglio appears to be very steady, given 3 months investment horizon. Garovaglio y Zorraquin holds Efficiency (Sharpe) Ratio of 0.0552, which attests that the entity had a 0.0552 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Garovaglio y Zorraquin, which you can use to evaluate the volatility of the firm. Please utilize Garovaglio's Downside Deviation of 5.5, risk adjusted performance of 0.0922, and Market Risk Adjusted Performance of (1.47) to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Garovaglio holds a performance score of 4. The company retains a Market Volatility (i.e., Beta) of -0.35, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Garovaglio are expected to decrease at a much lower rate. During the bear market, Garovaglio is likely to outperform the market. Please check Garovaglio's total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Garovaglio's current trending patterns will revert.
Auto-correlation | -0.74 |
Almost perfect reverse predictability
Garovaglio y Zorraquin has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Garovaglio time series from 23rd of April 2025 to 7th of June 2025 and 7th of June 2025 to 22nd 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 Garovaglio y Zorraquin price movement. The serial correlation of -0.74 indicates that around 74.0% of current Garovaglio price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.74 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 1474.45 |
Garovaglio y Zorraquin lagged returns against current returns
Autocorrelation, which is Garovaglio 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 Garovaglio's stock expected returns. We can calculate the autocorrelation of Garovaglio returns to help us make a trade decision. For example, suppose you find that Garovaglio 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 |
Garovaglio 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 Garovaglio stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Garovaglio stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Garovaglio stock over time.
Current vs Lagged Prices |
| Timeline |
Garovaglio Lagged Returns
When evaluating Garovaglio's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Garovaglio stock have on its future price. Garovaglio 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, Garovaglio autocorrelation shows the relationship between Garovaglio stock current value and its past values and can show if there is a momentum factor associated with investing in Garovaglio y Zorraquin.
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.Other Information on Investing in Garovaglio Stock
Garovaglio financial ratios help investors to determine whether Garovaglio 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 Garovaglio with respect to the benefits of owning Garovaglio security.