GATX P 455 Market Value
| 361448BC6 | 98.30 0.59 0.60% |
| Symbol | 361448BC6 |
361448BC6 '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 361448BC6'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 361448BC6.
| 12/06/2022 |
| 11/25/2024 |
If you would invest 0.00 in 361448BC6 on December 6, 2022 and sell it all today you would earn a total of 0.00 from holding GATX P 455 or generate 0.0% return on investment in 361448BC6 over 720 days. 361448BC6 is related to or competes with BBB Foods, Lion One, Hurco Companies, Hf Foods, Primoris Services, Agnico Eagle, and Yuexiu Transport. More
361448BC6 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 361448BC6'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 GATX P 455 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 2.66 | |||
| Value At Risk | (0.82) | |||
| Potential Upside | 1.01 |
361448BC6 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 361448BC6's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 361448BC6's standard deviation. In reality, there are many statistical measures that can use 361448BC6 historical prices to predict the future 361448BC6's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | 8.0E-4 | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | 0.1123 |
GATX P 455 Backtested Returns
GATX P 455 secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the bond had a -0.11% return per unit of risk over the last 3 months. GATX P 455 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 361448BC6's Coefficient Of Variation of (177,795), mean deviation of 0.3488, and Variance of 0.2556 to double-check the risk estimate we provide. The entity shows a Beta (market volatility) of -0.0916, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 361448BC6 are expected to decrease at a much lower rate. During the bear market, 361448BC6 is likely to outperform the market.
Auto-correlation | -0.05 |
Very weak reverse predictability
GATX P 455 has very weak reverse predictability. Overlapping area represents the amount of predictability between 361448BC6 time series from 6th of December 2022 to 1st of December 2023 and 1st of December 2023 to 25th 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 GATX P 455 price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current 361448BC6 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 2.17 |
GATX P 455 lagged returns against current returns
Autocorrelation, which is 361448BC6 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 361448BC6's bond expected returns. We can calculate the autocorrelation of 361448BC6 returns to help us make a trade decision. For example, suppose you find that 361448BC6 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 |
361448BC6 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 361448BC6 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 361448BC6 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 361448BC6 bond over time.
Current vs Lagged Prices |
| Timeline |
361448BC6 Lagged Returns
When evaluating 361448BC6's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 361448BC6 bond have on its future price. 361448BC6 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, 361448BC6 autocorrelation shows the relationship between 361448BC6 bond current value and its past values and can show if there is a momentum factor associated with investing in GATX P 455.
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 361448BC6 Bond
361448BC6 financial ratios help investors to determine whether 361448BC6 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 361448BC6 with respect to the benefits of owning 361448BC6 security.