Global Payments (Germany) Market Value
| GLO Stock | EUR 110.90 1.65 1.51% |
| Symbol | Global |
Global Payments '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 Payments' 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 Payments.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Global Payments on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding Global Payments or generate 0.0% return on investment in Global Payments over 30 days. Global Payments is related to or competes with Carsales, CANON MARKETING, KINGBOARD CHEMICAL, CHEMICAL INDUSTRIES, Trade Desk, Vastned Retail, and SALESFORCE INC. Global Payments Inc. provides payment technology and software solutions for card, electronic, check, and digital-based p... More
Global Payments 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 Payments' 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 Payments upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.25 | |||
| Information Ratio | 0.035 | |||
| Maximum Drawdown | 17.88 | |||
| Value At Risk | (2.89) | |||
| Potential Upside | 3.36 |
Global Payments Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Global Payments' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Global Payments' standard deviation. In reality, there are many statistical measures that can use Global Payments historical prices to predict the future Global Payments' volatility.| Risk Adjusted Performance | 0.0697 | |||
| Jensen Alpha | 0.0562 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.0303 | |||
| Treynor Ratio | 0.1624 |
Global Payments Backtested Returns
Global Payments appears to be very steady, given 3 months investment horizon. Global Payments holds Efficiency (Sharpe) Ratio of 0.0742, which attests that the entity had a 0.0742% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Global Payments, which you can use to evaluate the volatility of the firm. Please utilize Global Payments' Downside Deviation of 3.25, risk adjusted performance of 0.0697, and Market Risk Adjusted Performance of 0.1724 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Global Payments holds a performance score of 5. The company retains a Market Volatility (i.e., Beta) of 1.35, 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, Global Payments will likely underperform. Please check Global Payments' total risk alpha, value at risk, expected short fall, as well as the relationship between the treynor ratio and downside variance , to make a quick decision on whether Global Payments' current trending patterns will revert.
Auto-correlation | 0.51 |
Modest predictability
Global Payments has modest predictability. Overlapping area represents the amount of predictability between Global Payments time series from 25th of October 2024 to 9th of November 2024 and 9th of November 2024 to 24th 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 Payments price movement. The serial correlation of 0.51 indicates that about 51.0% of current Global Payments price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.51 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 1.45 |
Global Payments lagged returns against current returns
Autocorrelation, which is Global Payments 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 Payments' stock expected returns. We can calculate the autocorrelation of Global Payments returns to help us make a trade decision. For example, suppose you find that Global Payments 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 |
Global Payments 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 Payments stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Global Payments stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Global Payments stock over time.
Current vs Lagged Prices |
| Timeline |
Global Payments Lagged Returns
When evaluating Global Payments' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Global Payments stock have on its future price. Global Payments 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 Payments autocorrelation shows the relationship between Global Payments stock current value and its past values and can show if there is a momentum factor associated with investing in Global Payments.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Global Stock
When determining whether Global Payments offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Global Payments' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Global Payments Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Global Payments Stock:Check out Global Payments Correlation, Global Payments Volatility and Global Payments Alpha and Beta module to complement your research on Global Payments. For more detail on how to invest in Global Stock please use our How to Invest in Global Payments guide.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Global Payments 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.