Global Education Communities Stock Market Value
| GECSF Stock | 0.17 0.01 6.25% |
| Symbol | Global |
Global Education '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 Education's otc 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 Education.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Global Education on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Global Education Communities or generate 0.0% return on investment in Global Education over 30 days.
Global Education 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 Education's otc 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 Education Communities upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 45.0 | |||
| Value At Risk | (10.00) | |||
| Potential Upside | 10.0 |
Global Education Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Global Education's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Global Education's standard deviation. In reality, there are many statistical measures that can use Global Education historical prices to predict the future Global Education's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (1.30) | |||
| Treynor Ratio | 0.2357 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Global Education'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.
Global Education Com Backtested Returns
Global Education Com holds Efficiency (Sharpe) Ratio of -0.0506, which attests that the entity had a -0.0506% return per unit of risk over the last 3 months. Global Education Com exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Global Education's Market Risk Adjusted Performance of 0.2457, risk adjusted performance of (0.03), and Standard Deviation of 6.44 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -1.39, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Global Education are expected to decrease by larger amounts. On the other hand, during market turmoil, Global Education is expected to outperform it. At this point, Global Education Com has a negative expected return of -0.33%. Please make sure to check out Global Education's potential upside, as well as the relationship between the daily balance of power and market facilitation index , to decide if Global Education Com performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.10 |
Insignificant predictability
Global Education Communities has insignificant predictability. Overlapping area represents the amount of predictability between Global Education time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Education Com price movement. The serial correlation of 0.1 indicates that less than 10.0% of current Global Education price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.1 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Global Education Com lagged returns against current returns
Autocorrelation, which is Global Education otc 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 Education's otc stock expected returns. We can calculate the autocorrelation of Global Education returns to help us make a trade decision. For example, suppose you find that Global Education has exhibited high autocorrelation historically, and you observe that the otc 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 Education 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 Education otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Global Education otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Global Education otc stock over time.
Current vs Lagged Prices |
| Timeline |
Global Education Lagged Returns
When evaluating Global Education's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Global Education otc stock have on its future price. Global Education 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 Education autocorrelation shows the relationship between Global Education otc stock current value and its past values and can show if there is a momentum factor associated with investing in Global Education Communities.
Regressed Prices |
| Timeline |