GlobalData PLC's market value is the price at which a share of GlobalData PLC trades on a public exchange. It measures the collective expectations of GlobalData PLC investors about its performance. GlobalData PLC is selling for under 186.00 as of the 18th of January 2025; that is 1.09 percent increase since the beginning of the trading day. The stock's lowest day price was 181.5. With this module, you can estimate the performance of a buy and hold strategy of GlobalData PLC and determine expected loss or profit from investing in GlobalData PLC over a given investment horizon. Check out GlobalData PLC Correlation, GlobalData PLC Volatility and GlobalData PLC Alpha and Beta module to complement your research on GlobalData PLC.
Please note, there is a significant difference between GlobalData PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if GlobalData PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GlobalData PLC'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.
GlobalData PLC '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 GlobalData PLC'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 GlobalData PLC.
0.00
12/19/2024
No Change 0.00
0.0
In 31 days
01/18/2025
0.00
If you would invest 0.00 in GlobalData PLC on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding GlobalData PLC or generate 0.0% return on investment in GlobalData PLC over 30 days. GlobalData PLC is related to or competes with Capital Metals, Atalaya Mining, Rheinmetall, Austevoll Seafood, Bell Food, Axfood AB, and Blackrock World. GlobalData PLC is entity of United Kingdom More
GlobalData PLC 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 GlobalData PLC'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 GlobalData PLC upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for GlobalData PLC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GlobalData PLC's standard deviation. In reality, there are many statistical measures that can use GlobalData PLC historical prices to predict the future GlobalData PLC's volatility.
Currently, GlobalData PLC is very steady. GlobalData PLC holds Efficiency (Sharpe) Ratio of 0.0682, which attests that the entity had a 0.0682% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for GlobalData PLC, which you can use to evaluate the volatility of the firm. Please check out GlobalData PLC's Standard Deviation of 2.24, risk adjusted performance of (0.02), and Market Risk Adjusted Performance of 0.2405 to validate if the risk estimate we provide is consistent with the expected return of 0.13%. GlobalData PLC has a performance score of 5 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.36, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning GlobalData PLC are expected to decrease at a much lower rate. During the bear market, GlobalData PLC is likely to outperform the market. GlobalData PLC right now retains a risk of 1.97%. Please check out GlobalData PLC total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if GlobalData PLC will be following its current trending patterns.
Auto-correlation
-0.86
Excellent reverse predictability
GlobalData PLC has excellent reverse predictability. Overlapping area represents the amount of predictability between GlobalData PLC time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th of January 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 GlobalData PLC price movement. The serial correlation of -0.86 indicates that approximately 86.0% of current GlobalData PLC price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.86
Spearman Rank Test
-0.27
Residual Average
0.0
Price Variance
83.36
GlobalData PLC lagged returns against current returns
Autocorrelation, which is GlobalData PLC 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 GlobalData PLC's stock expected returns. We can calculate the autocorrelation of GlobalData PLC returns to help us make a trade decision. For example, suppose you find that GlobalData PLC 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
GlobalData PLC 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 GlobalData PLC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GlobalData PLC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GlobalData PLC stock over time.
Current vs Lagged Prices
Timeline
GlobalData PLC Lagged Returns
When evaluating GlobalData PLC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GlobalData PLC stock have on its future price. GlobalData PLC 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, GlobalData PLC autocorrelation shows the relationship between GlobalData PLC stock current value and its past values and can show if there is a momentum factor associated with investing in GlobalData PLC.
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.
When running GlobalData PLC's price analysis, check to measure GlobalData PLC'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 GlobalData PLC is operating at the current time. Most of GlobalData PLC's value examination focuses on studying past and present price action to predict the probability of GlobalData PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GlobalData PLC's price. Additionally, you may evaluate how the addition of GlobalData PLC to your portfolios can decrease your overall portfolio volatility.