Ge Aerospace Stock Market Value
| GE Stock | USD 178.70 0.72 0.40% |
| Symbol | GE Aerospace |
GE Aerospace Price To Book Ratio
Is Industrial Conglomerates 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 GE Aerospace. If investors know GE Aerospace 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 GE Aerospace 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 6.064 | Dividend Share 0.92 | Earnings Share 5.07 | Revenue Per Share 64.325 | Quarterly Revenue Growth 0.058 |
The market value of GE Aerospace is measured differently than its book value, which is the value of GE Aerospace that is recorded on the company's balance sheet. Investors also form their own opinion of GE Aerospace's value that differs from its market value or its book value, called intrinsic value, which is GE Aerospace's 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 GE Aerospace's market value can be influenced by many factors that don't directly affect GE Aerospace's 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 GE Aerospace's value and its price as these two are different measures arrived at by different means. Investors typically determine if GE Aerospace is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GE Aerospace'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.
GE Aerospace '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 GE Aerospace'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 GE Aerospace.
| 05/26/2024 |
| 11/22/2024 |
If you would invest 0.00 in GE Aerospace on May 26, 2024 and sell it all today you would earn a total of 0.00 from holding GE Aerospace or generate 0.0% return on investment in GE Aerospace over 180 days. GE Aerospace is related to or competes with Illinois Tool, Small Cap, Freedom Holding, Gfl Environmental, Growth Fund, Spring Valley, and Gold Fields. General Electric Company operates as a high-tech industrial company in Europe, China, Asia, the Americas, the Middle Eas... More
GE Aerospace 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 GE Aerospace'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 GE Aerospace upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.43 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 14.1 | |||
| Value At Risk | (2.36) | |||
| Potential Upside | 2.85 |
GE Aerospace Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GE Aerospace's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GE Aerospace's standard deviation. In reality, there are many statistical measures that can use GE Aerospace historical prices to predict the future GE Aerospace's volatility.| Risk Adjusted Performance | 0.0412 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.0656 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of GE Aerospace's 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.
GE Aerospace Backtested Returns
At this point, GE Aerospace is very steady. GE Aerospace retains Efficiency (Sharpe Ratio) of 0.0451, which attests that the entity had a 0.0451% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for GE Aerospace, which you can use to evaluate the volatility of the firm. Please check out GE Aerospace's Standard Deviation of 1.96, market risk adjusted performance of 0.0756, and Semi Deviation of 2.21 to validate if the risk estimate we provide is consistent with the expected return of 0.0904%. GE Aerospace has a performance score of 3 on a scale of 0 to 100. The company owns a Beta (Systematic Risk) of 1.24, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, GE Aerospace will likely underperform. GE Aerospace today owns a risk of 2.0%. Please check out GE Aerospace sortino ratio, semi variance, and the relationship between the standard deviation and value at risk , to decide if GE Aerospace will be following its current price history.
Auto-correlation | -0.05 |
Very weak reverse predictability
GE Aerospace has very weak reverse predictability. Overlapping area represents the amount of predictability between GE Aerospace time series from 26th of May 2024 to 24th of August 2024 and 24th of August 2024 to 22nd 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 GE Aerospace price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current GE Aerospace price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 70.46 |
GE Aerospace lagged returns against current returns
Autocorrelation, which is GE Aerospace 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 GE Aerospace's stock expected returns. We can calculate the autocorrelation of GE Aerospace returns to help us make a trade decision. For example, suppose you find that GE Aerospace 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 |
GE Aerospace 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 GE Aerospace stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GE Aerospace stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GE Aerospace stock over time.
Current vs Lagged Prices |
| Timeline |
GE Aerospace Lagged Returns
When evaluating GE Aerospace's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GE Aerospace stock have on its future price. GE Aerospace 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, GE Aerospace autocorrelation shows the relationship between GE Aerospace stock current value and its past values and can show if there is a momentum factor associated with investing in GE Aerospace.
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 GE Aerospace Correlation, GE Aerospace Volatility and GE Aerospace Alpha and Beta module to complement your research on GE Aerospace. For information on how to trade GE Aerospace Stock refer to our How to Trade GE Aerospace Stock guide.You can also try the Stocks Directory module to find actively traded stocks across global markets.
GE Aerospace 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.