Globe Life 425 Preferred Stock Market Value
| GL-PD Preferred Stock | USD 16.23 0.09 0.56% |
| Symbol | Globe |
Globe Life '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 Globe Life's preferred 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 Globe Life.
| 02/11/2025 |
| 03/13/2025 |
If you would invest 0.00 in Globe Life on February 11, 2025 and sell it all today you would earn a total of 0.00 from holding Globe Life 425 or generate 0.0% return on investment in Globe Life over 30 days. Globe Life is related to or competes with Southern Company, KKRS, Prudential Financial, United States, and Affiliated Managers. More
Globe Life 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 Globe Life's preferred 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 Globe Life 425 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.05 | |||
| Information Ratio | 0.1103 | |||
| Maximum Drawdown | 5.43 | |||
| Value At Risk | (1.80) | |||
| Potential Upside | 2.07 |
Globe Life Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Globe Life's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Globe Life's standard deviation. In reality, there are many statistical measures that can use Globe Life historical prices to predict the future Globe Life's volatility.| Risk Adjusted Performance | 0.0144 | |||
| Jensen Alpha | 0.0242 | |||
| Total Risk Alpha | 0.1904 | |||
| Sortino Ratio | 0.1267 | |||
| Treynor Ratio | 0.0458 |
Globe Life 425 Backtested Returns
At this point, Globe Life is very steady. Globe Life 425 holds Efficiency (Sharpe) Ratio of 0.0136, which attests that the entity had a 0.0136 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Globe Life 425, which you can use to evaluate the volatility of the firm. Please check out Globe Life's Downside Deviation of 1.05, market risk adjusted performance of 0.0558, and Risk Adjusted Performance of 0.0144 to validate if the risk estimate we provide is consistent with the expected return of 0.0164%. Globe Life has a performance score of 1 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.14, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Globe Life's returns are expected to increase less than the market. However, during the bear market, the loss of holding Globe Life is expected to be smaller as well. Globe Life 425 right now retains a risk of 1.21%. Please check out Globe Life value at risk, expected short fall, and the relationship between the treynor ratio and downside variance , to decide if Globe Life will be following its current trending patterns.
Auto-correlation | 0.06 |
Virtually no predictability
Globe Life 425 has virtually no predictability. Overlapping area represents the amount of predictability between Globe Life time series from 11th of February 2025 to 26th of February 2025 and 26th of February 2025 to 13th of March 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 Globe Life 425 price movement. The serial correlation of 0.06 indicates that barely 6.0% of current Globe Life price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.06 | |
| Spearman Rank Test | -0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Globe Life 425 lagged returns against current returns
Autocorrelation, which is Globe Life preferred 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 Globe Life's preferred stock expected returns. We can calculate the autocorrelation of Globe Life returns to help us make a trade decision. For example, suppose you find that Globe Life has exhibited high autocorrelation historically, and you observe that the preferred 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 |
Globe Life 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 Globe Life preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Globe Life preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Globe Life preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Globe Life Lagged Returns
When evaluating Globe Life's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Globe Life preferred stock have on its future price. Globe Life 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, Globe Life autocorrelation shows the relationship between Globe Life preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Globe Life 425.
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.Other Information on Investing in Globe Preferred Stock
Globe Life financial ratios help investors to determine whether Globe Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Globe with respect to the benefits of owning Globe Life security.