G City's market value is the price at which a share of G City trades on a public exchange. It measures the collective expectations of G City investors about its performance. G City is trading at 1563.00 as of the 2nd of December 2024, a 1.49 percent increase since the beginning of the trading day. The stock's open price was 1540.0. With this module, you can estimate the performance of a buy and hold strategy of G City and determine expected loss or profit from investing in G City over a given investment horizon. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
GCT
G City '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 G City'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 G City.
0.00
12/13/2022
No Change 0.00
0.0
In 1 year 11 months and 21 days
12/02/2024
0.00
If you would invest 0.00 in G City on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding G City or generate 0.0% return on investment in G City over 720 days.
G City 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 G City'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 G City 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 G City's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as G City's standard deviation. In reality, there are many statistical measures that can use G City historical prices to predict the future G City's volatility.
G City appears to be very steady, given 3 months investment horizon. G City retains Efficiency (Sharpe Ratio) of 0.23, which attests that the company had a 0.23% return per unit of return volatility over the last 3 months. By inspecting G City's technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please utilize G City's Semi Deviation of 1.76, market risk adjusted performance of 1.95, and Downside Deviation of 2.41 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, G City holds a performance score of 18. The firm owns a Beta (Systematic Risk) of 0.24, which attests to not very significant fluctuations relative to the market. As returns on the market increase, G City's returns are expected to increase less than the market. However, during the bear market, the loss of holding G City is expected to be smaller as well. Please check G City's potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to make a quick decision on whether G City's current price history will revert.
Auto-correlation
-0.42
Modest reverse predictability
G City has modest reverse predictability. Overlapping area represents the amount of predictability between G City time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 G City price movement. The serial correlation of -0.42 indicates that just about 42.0% of current G City price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.42
Spearman Rank Test
-0.32
Residual Average
0.0
Price Variance
23.3 K
G City lagged returns against current returns
Autocorrelation, which is G City 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 G City's stock expected returns. We can calculate the autocorrelation of G City returns to help us make a trade decision. For example, suppose you find that G City 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
G City 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 G City stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if G City stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in G City stock over time.
Current vs Lagged Prices
Timeline
G City Lagged Returns
When evaluating G City's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of G City stock have on its future price. G City 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, G City autocorrelation shows the relationship between G City stock current value and its past values and can show if there is a momentum factor associated with investing in G City.
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.