General Dynamics (UK) Market Value
| 0IUC Stock | 264.14 7.41 2.73% |
| Symbol | General |
General Dynamics '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 General Dynamics' 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 General Dynamics.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in General Dynamics on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding General Dynamics Corp or generate 0.0% return on investment in General Dynamics over 30 days. General Dynamics is related to or competes with Discover Financial, United States, Cincinnati Financial, Regions Financial, Alior Bank, JLEN Environmental, and Iron Mountain. General Dynamics is entity of United Kingdom More
General Dynamics 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 General Dynamics' 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 General Dynamics Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 10.49 | |||
| Value At Risk | (2.43) | |||
| Potential Upside | 1.4 |
General Dynamics Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for General Dynamics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as General Dynamics' standard deviation. In reality, there are many statistical measures that can use General Dynamics historical prices to predict the future General Dynamics' volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | (0.56) |
General Dynamics Corp Backtested Returns
General Dynamics Corp holds Efficiency (Sharpe) Ratio of -0.0993, which attests that the entity had a -0.0993% return per unit of risk over the last 3 months. General Dynamics Corp exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out General Dynamics' Market Risk Adjusted Performance of (0.55), standard deviation of 1.36, and Risk Adjusted Performance of (0.07) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.27, which attests to not very significant fluctuations relative to the market. As returns on the market increase, General Dynamics' returns are expected to increase less than the market. However, during the bear market, the loss of holding General Dynamics is expected to be smaller as well. At this point, General Dynamics Corp has a negative expected return of -0.14%. Please make sure to check out General Dynamics' coefficient of variation, jensen alpha, treynor ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if General Dynamics Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.75 |
Good predictability
General Dynamics Corp has good predictability. Overlapping area represents the amount of predictability between General Dynamics time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th of December 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 General Dynamics Corp price movement. The serial correlation of 0.75 indicates that around 75.0% of current General Dynamics price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.75 | |
| Spearman Rank Test | 0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 35.69 |
General Dynamics Corp lagged returns against current returns
Autocorrelation, which is General Dynamics 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 General Dynamics' stock expected returns. We can calculate the autocorrelation of General Dynamics returns to help us make a trade decision. For example, suppose you find that General Dynamics 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 |
General Dynamics 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 General Dynamics stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if General Dynamics stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in General Dynamics stock over time.
Current vs Lagged Prices |
| Timeline |
General Dynamics Lagged Returns
When evaluating General Dynamics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of General Dynamics stock have on its future price. General Dynamics 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, General Dynamics autocorrelation shows the relationship between General Dynamics stock current value and its past values and can show if there is a momentum factor associated with investing in General Dynamics Corp.
Regressed Prices |
| Timeline |
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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.Additional Tools for General Stock Analysis
When running General Dynamics' price analysis, check to measure General Dynamics' 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 General Dynamics is operating at the current time. Most of General Dynamics' value examination focuses on studying past and present price action to predict the probability of General Dynamics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move General Dynamics' price. Additionally, you may evaluate how the addition of General Dynamics to your portfolios can decrease your overall portfolio volatility.