Greece TR (Greece) Market Value

NQGRT
 Index
  

EUR 561.42  0.08  0.0142%   

Greece TR's market value is the price at which a share of Greece TR stock trades on a public exchange. It measures the collective expectations of Greece TR investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Greece TR and determine expected loss or profit from investing in Greece TR over a given investment horizon. Check out Greece TR Hype Analysis, Greece TR Correlation, Portfolio Optimization, Greece TR Volatility, as well as analyze Greece TR Alpha and Beta and Greece TR Performance.
Symbol

Please note, there is a significant difference between Greece TR's value and its price as these two are different measures arrived at by different means. Investors typically determine Greece TR value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greece TR'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.

Greece TR '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 Greece TR's index 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 Greece TR.
0.00
07/18/2022
No Change 0.00  0.0 
In 31 days
08/17/2022
0.00
If you would invest  0.00  in Greece TR on July 18, 2022 and sell it all today you would earn a total of 0.00 from holding Greece TR or generate 0.0% return on investment in Greece TR over 30 days. More

Greece TR 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 Greece TR's index 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 Greece TR upside and downside potential and time the market with a certain degree of confidence.

Greece TR Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Greece TR's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Greece TR's standard deviation. In reality, there are many statistical measures that can use Greece TR historical prices to predict the future Greece TR's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Greece TR'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 Greece TR in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
559.55561.42563.29
Details
Intrinsic
Valuation
LowReal ValueHigh
505.42507.29617.56
Details
Naive
Forecast
LowNext ValueHigh
554.99556.86558.73
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
465.11518.74572.36
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Greece TR. Your research has to be compared to or analyzed against Greece TR's peers to derive any actionable benefits. When done correctly, Greece TR's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Greece TR.

Greece TR Backtested Returns

Greece TR holds Efficiency (Sharpe) Ratio of 0.017, which attests that the entity had 0.017% of return per unit of risk over the last 3 months. Our standpoint towards determining the volatility of an index is to use all available market data together with index-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Greece TR, which you can use to evaluate the future volatility of the entity.
The index retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. Let's try to break down what Greece's beta means in this case. the returns on MARKET and Greece TR are completely uncorrelated. Although it is important to respect Greece TR current price history, it is better to be realistic regarding the information on the equity's current price movements. The philosophy towards determining future performance of any index is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By evaluating Greece TR technical indicators, you can presently evaluate if the expected return of 0.0318% will be sustainable into the future.

Auto-correlation

    
  0.53  

Modest predictability

Greece TR has modest predictability. Overlapping area represents the amount of predictability between Greece TR time series from 18th of July 2022 to 2nd of August 2022 and 2nd of August 2022 to 17th of August 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Greece TR price movement. The serial correlation of 0.53 indicates that about 53.0% of current Greece TR price fluctuation can be explain by its past prices.
Correlation Coefficient0.53
Spearman Rank Test0.62
Residual Average0.0
Price Variance90.89

Greece TR lagged returns against current returns

Autocorrelation, which is Greece TR index'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 Greece TR's index expected returns. We can calculate the autocorrelation of Greece TR returns to help us make a trade decision. For example, suppose you find that Greece TR index 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   
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       Timeline  

Greece TR 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 Greece TR index is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Greece TR index is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Greece TR index over time.
   Current vs Lagged Prices   
Share
       Timeline  

Greece TR Lagged Returns

When evaluating Greece TR's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Greece TR index have on its future price. Greece TR 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, Greece TR autocorrelation shows the relationship between Greece TR index current value and its past values and can show if there is a momentum factor associated with investing in Greece TR.
   Regressed Prices   
Share
       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in Greece TR without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Check out Greece TR Hype Analysis, Greece TR Correlation, Portfolio Optimization, Greece TR Volatility, as well as analyze Greece TR Alpha and Beta and Greece TR Performance. Note that the Greece TR information on this page should be used as a complementary analysis to other Greece TR's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Global Correlations module to find global opportunities by holding instruments from different markets.

Other Tools for Greece Index

When running Greece TR price analysis, check to measure Greece TR'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 Greece TR is operating at the current time. Most of Greece TR's value examination focuses on studying past and present price action to predict the probability of Greece TR's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Greece TR's price. Additionally, you may evaluate how the addition of Greece TR to your portfolios can decrease your overall portfolio volatility.
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