Garda World Security Market Value
| 36257BAA7 | 100.25 0.00 0.00% |
| Symbol | Garda |
Garda '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 Garda'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 Garda.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Garda on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Garda World Security or generate 0.0% return on investment in Garda over 30 days. Garda is related to or competes with Catalyst Pharmaceuticals, AMREP, Chimerix, Relx PLC, Inhibrx, Sellas Life, and Acco Brands. Garda is entity of United States. It is traded as Bond on Bond exchange. More
Garda 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 Garda'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 Garda World Security upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.43 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 12.63 | |||
| Value At Risk | (3.67) | |||
| Potential Upside | 1.95 |
Garda Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Garda's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Garda's standard deviation. In reality, there are many statistical measures that can use Garda historical prices to predict the future Garda's volatility.| Risk Adjusted Performance | 0.0081 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | (0.14) |
Garda World Security Backtested Returns
Garda World Security holds Efficiency (Sharpe) Ratio of -0.0155, which attests that the entity had a -0.0155% return per unit of risk over the last 3 months. Garda World Security exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Garda's Downside Deviation of 1.43, market risk adjusted performance of (0.13), and Risk Adjusted Performance of 0.0081 to validate the risk estimate we provide. The bond retains a Market Volatility (i.e., Beta) of 0.0304, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Garda's returns are expected to increase less than the market. However, during the bear market, the loss of holding Garda is expected to be smaller as well.
Auto-correlation | 1.00 |
Perfect predictability
Garda World Security has perfect predictability. Overlapping area represents the amount of predictability between Garda time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st of December 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 Garda World Security price movement. The serial correlation of 1.0 indicates that 100.0% of current Garda price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 5.38 |
Garda World Security lagged returns against current returns
Autocorrelation, which is Garda 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 Garda's bond expected returns. We can calculate the autocorrelation of Garda returns to help us make a trade decision. For example, suppose you find that Garda 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 |
Garda 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 Garda bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Garda bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Garda bond over time.
Current vs Lagged Prices |
| Timeline |
Garda Lagged Returns
When evaluating Garda's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Garda bond have on its future price. Garda 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, Garda autocorrelation shows the relationship between Garda bond current value and its past values and can show if there is a momentum factor associated with investing in Garda World Security.
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 Garda Bond
Garda financial ratios help investors to determine whether Garda 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 Garda with respect to the benefits of owning Garda security.