General Dynamics Stock Market Value
| GD Stock | USD 281.81 1.88 0.67% |
| Symbol | General |
General Dynamics Price To Book Ratio
Is Aerospace & Defense space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of General Dynamics. If investors know General will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about General Dynamics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.102 | Dividend Share 5.58 | Earnings Share 13.13 | Revenue Per Share 168.226 | Quarterly Revenue Growth 0.104 |
The market value of General Dynamics is measured differently than its book value, which is the value of General that is recorded on the company's balance sheet. Investors also form their own opinion of General Dynamics' value that differs from its market value or its book value, called intrinsic value, which is General Dynamics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because General Dynamics' market value can be influenced by many factors that don't directly affect General Dynamics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between General Dynamics' value and its price as these two are different measures arrived at by different means. Investors typically determine if General Dynamics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, General Dynamics' 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.
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.
| 12/01/2023 |
| 11/25/2024 |
If you would invest 0.00 in General Dynamics on December 1, 2023 and sell it all today you would earn a total of 0.00 from holding General Dynamics or generate 0.0% return on investment in General Dynamics over 360 days. General Dynamics is related to or competes with Lockheed Martin, Raytheon Technologies, L3Harris Technologies, Huntington Ingalls, Northrop Grumman, Boeing, and Curtiss Wright. General Dynamics Corporation operates as an aerospace and defense company worldwide 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 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 10.86 | |||
| Value At Risk | (1.51) | |||
| Potential Upside | 1.63 |
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 | (0.02) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | (0.05) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of General Dynamics' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
General Dynamics Backtested Returns
General Dynamics holds Efficiency (Sharpe) Ratio of -0.0193, which attests that the entity had a -0.0193% return per unit of risk over the last 3 months. General Dynamics exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out General Dynamics' Risk Adjusted Performance of (0.02), standard deviation of 1.42, and Market Risk Adjusted Performance of (0.04) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 1.11, which attests to a somewhat significant risk relative to the market. General Dynamics returns are very sensitive to returns on the market. As the market goes up or down, General Dynamics is expected to follow. At this point, General Dynamics has a negative expected return of -0.0279%. Please make sure to check out General Dynamics' maximum drawdown, daily balance of power, period momentum indicator, as well as the relationship between the skewness and day typical price , to decide if General Dynamics performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.58 |
Modest predictability
General Dynamics has modest predictability. Overlapping area represents the amount of predictability between General Dynamics time series from 1st of December 2023 to 29th of May 2024 and 29th of May 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 General Dynamics price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current General Dynamics price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.58 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 59.74 |
General Dynamics 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.
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.Check out General Dynamics Correlation, General Dynamics Volatility and General Dynamics Alpha and Beta module to complement your research on General Dynamics. For information on how to trade General Stock refer to our How to Trade General Stock guide.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
General Dynamics technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.