GENERAL ELEC CAP Market Value
| 36966TEC2 | 95.25 2.13 2.19% |
| Symbol | GENERAL |
GENERAL '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 GENERAL'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 GENERAL.
| 06/04/2024 |
| 12/01/2024 |
If you would invest 0.00 in GENERAL on June 4, 2024 and sell it all today you would earn a total of 0.00 from holding GENERAL ELEC CAP or generate 0.0% return on investment in GENERAL over 180 days. GENERAL is related to or competes with 00108WAF7, 90331HPL1, American Express, Chevron Corp, Cisco Systems, Verizon Communications, and Merck. More
GENERAL 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 GENERAL'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 GENERAL ELEC CAP upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.54 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 7.27 | |||
| Value At Risk | (2.36) | |||
| Potential Upside | 2.62 |
GENERAL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GENERAL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GENERAL's standard deviation. In reality, there are many statistical measures that can use GENERAL historical prices to predict the future GENERAL's volatility.| Risk Adjusted Performance | 0.0206 | |||
| Jensen Alpha | 0.0583 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | (0.08) |
GENERAL ELEC CAP Backtested Returns
GENERAL ELEC CAP holds Efficiency (Sharpe) Ratio of -0.16, which attests that the entity had a -0.16% return per unit of risk over the last 3 months. GENERAL ELEC CAP exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GENERAL's Risk Adjusted Performance of 0.0206, market risk adjusted performance of (0.07), and Semi Deviation of 1.5 to validate the risk estimate we provide. The bond retains a Market Volatility (i.e., Beta) of -0.28, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning GENERAL are expected to decrease at a much lower rate. During the bear market, GENERAL is likely to outperform the market.
Auto-correlation | -0.69 |
Very good reverse predictability
GENERAL ELEC CAP has very good reverse predictability. Overlapping area represents the amount of predictability between GENERAL time series from 4th of June 2024 to 2nd of September 2024 and 2nd of September 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 GENERAL ELEC CAP price movement. The serial correlation of -0.69 indicates that around 69.0% of current GENERAL price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.69 | |
| Spearman Rank Test | -0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 2.87 |
GENERAL ELEC CAP lagged returns against current returns
Autocorrelation, which is GENERAL 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 GENERAL's bond expected returns. We can calculate the autocorrelation of GENERAL returns to help us make a trade decision. For example, suppose you find that GENERAL 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 |
GENERAL 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 GENERAL bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GENERAL bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GENERAL bond over time.
Current vs Lagged Prices |
| Timeline |
GENERAL Lagged Returns
When evaluating GENERAL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GENERAL bond have on its future price. GENERAL 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, GENERAL autocorrelation shows the relationship between GENERAL bond current value and its past values and can show if there is a momentum factor associated with investing in GENERAL ELEC CAP.
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 GENERAL Bond
GENERAL financial ratios help investors to determine whether GENERAL 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 GENERAL with respect to the benefits of owning GENERAL security.