GBLATL 1625 15 JAN 26 Market Value
| 36143L2A2 | 89.68 6.58 6.84% |
| Symbol | GBLATL |
Please note, there is a significant difference between GBLATL's value and its price as these two are different measures arrived at by different means. Investors typically determine if GBLATL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GBLATL'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.
GBLATL '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 GBLATL's bond 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 GBLATL.
| 11/28/2023 |
| 11/22/2024 |
If you would invest 0.00 in GBLATL on November 28, 2023 and sell it all today you would earn a total of 0.00 from holding GBLATL 1625 15 JAN 26 or generate 0.0% return on investment in GBLATL over 360 days. GBLATL is related to or competes with 00108WAF7, 90331HPL1, Alphabet, Axon Enterprise, Red Cat, Quantum Computing, and Destiny Tech100. More
GBLATL 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 GBLATL's bond 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 GBLATL 1625 15 JAN 26 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 7.81 | |||
| Value At Risk | (0.33) | |||
| Potential Upside | 0.3076 |
GBLATL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GBLATL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GBLATL's standard deviation. In reality, there are many statistical measures that can use GBLATL historical prices to predict the future GBLATL's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | 0.4885 |
GBLATL 1625 15 Backtested Returns
At this point, GBLATL is very steady. GBLATL 1625 15 holds Efficiency (Sharpe) Ratio of 0.0158, which attests that the bond had a 0.0158% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for GBLATL 1625 15, which you can use to evaluate the volatility of the entity. Please check out GBLATL's standard deviation of 0.987, and Coefficient Of Variation of (1,633) to validate if the risk estimate we provide is consistent with the expected return of 0.0305%. The entity 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, returns on owning GBLATL are expected to decrease at a much lower rate. During the bear market, GBLATL is likely to outperform the market.
Auto-correlation | 0.82 |
Very good predictability
GBLATL 1625 15 JAN 26 has very good predictability. Overlapping area represents the amount of predictability between GBLATL time series from 28th of November 2023 to 26th of May 2024 and 26th of May 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 GBLATL 1625 15 price movement. The serial correlation of 0.82 indicates that around 82.0% of current GBLATL price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.82 | |
| Spearman Rank Test | 0.89 | |
| Residual Average | 0.0 | |
| Price Variance | 0.93 |
GBLATL 1625 15 lagged returns against current returns
Autocorrelation, which is GBLATL bond'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 GBLATL's bond expected returns. We can calculate the autocorrelation of GBLATL returns to help us make a trade decision. For example, suppose you find that GBLATL has exhibited high autocorrelation historically, and you observe that the bond 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 |
GBLATL 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 GBLATL bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GBLATL bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GBLATL bond over time.
Current vs Lagged Prices |
| Timeline |
GBLATL Lagged Returns
When evaluating GBLATL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GBLATL bond have on its future price. GBLATL 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, GBLATL autocorrelation shows the relationship between GBLATL bond current value and its past values and can show if there is a momentum factor associated with investing in GBLATL 1625 15 JAN 26.
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 GBLATL Bond
GBLATL financial ratios help investors to determine whether GBLATL Bond 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 GBLATL with respect to the benefits of owning GBLATL security.