Global Net (UK) Market Value
| 0IW3 Stock | 7.39 0.09 1.23% |
| Symbol | Global |
Global Net '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 Global Net'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 Global Net.
| 06/04/2023 |
| 11/25/2024 |
If you would invest 0.00 in Global Net on June 4, 2023 and sell it all today you would earn a total of 0.00 from holding Global Net Lease or generate 0.0% return on investment in Global Net over 540 days. Global Net is related to or competes with Samsung Electronics, Samsung Electronics, Hyundai, Toyota, Reliance Industries, SoftBank Group, and Hon Hai. Global Net is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Global Net 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 Global Net'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 Global Net Lease upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 7.42 | |||
| Value At Risk | (2.98) | |||
| Potential Upside | 2.78 |
Global Net Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Global Net's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Global Net's standard deviation. In reality, there are many statistical measures that can use Global Net historical prices to predict the future Global Net's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | (0.33) |
Global Net Lease Backtested Returns
Global Net Lease holds Efficiency (Sharpe) Ratio of -0.11, which attests that the entity had a -0.11% return per unit of risk over the last 3 months. Global Net Lease exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Global Net's Risk Adjusted Performance of (0.07), market risk adjusted performance of (0.32), and Standard Deviation of 1.66 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.54, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Global Net's returns are expected to increase less than the market. However, during the bear market, the loss of holding Global Net is expected to be smaller as well. At this point, Global Net Lease has a negative expected return of -0.17%. Please make sure to check out Global Net's total risk alpha, maximum drawdown, and the relationship between the jensen alpha and treynor ratio , to decide if Global Net Lease performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.51 |
Good reverse predictability
Global Net Lease has good reverse predictability. Overlapping area represents the amount of predictability between Global Net time series from 4th of June 2023 to 29th of February 2024 and 29th of February 2024 to 25th of November 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 Global Net Lease price movement. The serial correlation of -0.51 indicates that about 51.0% of current Global Net price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.57 |
Global Net Lease lagged returns against current returns
Autocorrelation, which is Global Net 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 Global Net's stock expected returns. We can calculate the autocorrelation of Global Net returns to help us make a trade decision. For example, suppose you find that Global Net 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 |
Global Net 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 Global Net stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Global Net stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Global Net stock over time.
Current vs Lagged Prices |
| Timeline |
Global Net Lagged Returns
When evaluating Global Net's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Global Net stock have on its future price. Global Net 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, Global Net autocorrelation shows the relationship between Global Net stock current value and its past values and can show if there is a momentum factor associated with investing in Global Net Lease.
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 Global Stock Analysis
When running Global Net's price analysis, check to measure Global Net'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 Global Net is operating at the current time. Most of Global Net's value examination focuses on studying past and present price action to predict the probability of Global Net's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global Net's price. Additionally, you may evaluate how the addition of Global Net to your portfolios can decrease your overall portfolio volatility.