Groupe Dynamite Stock Market Value
| GRGD Stock | 63.48 1.00 1.60% |
| Symbol | Groupe |
Groupe Dynamite Price To Book Ratio
Groupe Dynamite '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 Groupe Dynamite'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 Groupe Dynamite.
| 08/24/2025 |
| 11/22/2025 |
If you would invest 0.00 in Groupe Dynamite on August 24, 2025 and sell it all today you would earn a total of 0.00 from holding Groupe Dynamite or generate 0.0% return on investment in Groupe Dynamite over 90 days. Groupe Dynamite is related to or competes with Finning International, Bombardier, South Bow, Air Canada, MDA, Russel Metals, and Exchange Income. Groupe Dynamite is entity of Canada. It is traded as Stock on TO exchange. More
Groupe Dynamite 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 Groupe Dynamite'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 Groupe Dynamite upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.16 | |||
| Information Ratio | 0.2373 | |||
| Maximum Drawdown | 21.99 | |||
| Value At Risk | (4.57) | |||
| Potential Upside | 6.35 |
Groupe Dynamite Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Groupe Dynamite's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Groupe Dynamite's standard deviation. In reality, there are many statistical measures that can use Groupe Dynamite historical prices to predict the future Groupe Dynamite's volatility.| Risk Adjusted Performance | 0.1837 | |||
| Jensen Alpha | 0.8299 | |||
| Total Risk Alpha | 0.6696 | |||
| Sortino Ratio | 0.2643 | |||
| Treynor Ratio | 0.7719 |
Groupe Dynamite Backtested Returns
Groupe Dynamite is very steady given 3 months investment horizon. Groupe Dynamite 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 were able to break down and interpolate data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.05% are justified by taking the suggested risk. Use Groupe Dynamite Market Risk Adjusted Performance of 0.7819, risk adjusted performance of 0.1837, and Downside Deviation of 3.16 to evaluate company specific risk that cannot be diversified away. Groupe Dynamite holds a performance score of 23 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 1.14, which attests to a somewhat significant risk relative to the market. Groupe Dynamite returns are very sensitive to returns on the market. As the market goes up or down, Groupe Dynamite is expected to follow. Use Groupe Dynamite jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to analyze future returns on Groupe Dynamite.
Auto-correlation | -0.15 |
Insignificant reverse predictability
Groupe Dynamite has insignificant reverse predictability. Overlapping area represents the amount of predictability between Groupe Dynamite time series from 24th of August 2025 to 8th of October 2025 and 8th of October 2025 to 22nd of November 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 Groupe Dynamite price movement. The serial correlation of -0.15 indicates that less than 15.0% of current Groupe Dynamite price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 12.81 |
Groupe Dynamite lagged returns against current returns
Autocorrelation, which is Groupe Dynamite 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 Groupe Dynamite's stock expected returns. We can calculate the autocorrelation of Groupe Dynamite returns to help us make a trade decision. For example, suppose you find that Groupe Dynamite 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 |
Groupe Dynamite 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 Groupe Dynamite stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Groupe Dynamite stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Groupe Dynamite stock over time.
Current vs Lagged Prices |
| Timeline |
Groupe Dynamite Lagged Returns
When evaluating Groupe Dynamite's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Groupe Dynamite stock have on its future price. Groupe Dynamite 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, Groupe Dynamite autocorrelation shows the relationship between Groupe Dynamite stock current value and its past values and can show if there is a momentum factor associated with investing in Groupe Dynamite.
Regressed Prices |
| Timeline |
Pair Trading with Groupe Dynamite
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Groupe Dynamite position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Groupe Dynamite will appreciate offsetting losses from the drop in the long position's value.Moving against Groupe Stock
The ability to find closely correlated positions to Groupe Dynamite could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Groupe Dynamite when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Groupe Dynamite - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Groupe Dynamite to buy it.
The correlation of Groupe Dynamite is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Groupe Dynamite moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Groupe Dynamite moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Groupe Dynamite can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Groupe Stock
Groupe Dynamite financial ratios help investors to determine whether Groupe 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 Groupe with respect to the benefits of owning Groupe Dynamite security.