GPC 275 01 FEB 32 Market Value
| 372460AC9 | 83.32 2.34 2.73% |
| Symbol | 372460AC9 |
Please note, there is a significant difference between 372460AC9's value and its price as these two are different measures arrived at by different means. Investors typically determine if 372460AC9 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 372460AC9'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.
372460AC9 '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 372460AC9'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 372460AC9.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in 372460AC9 on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding GPC 275 01 FEB 32 or generate 0.0% return on investment in 372460AC9 over 30 days. 372460AC9 is related to or competes with Village Super, Lifevantage, Minerals Technologies, Summit Materials, Olympic Steel, Beyond Meat, and Celsius Holdings. More
372460AC9 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 372460AC9'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 GPC 275 01 FEB 32 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 8.09 | |||
| Value At Risk | (0.88) | |||
| Potential Upside | 1.92 |
372460AC9 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 372460AC9's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 372460AC9's standard deviation. In reality, there are many statistical measures that can use 372460AC9 historical prices to predict the future 372460AC9's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | (2.24) |
GPC 275 01 Backtested Returns
GPC 275 01 retains Efficiency (Sharpe Ratio) of -0.0726, which signifies that the bond had a -0.0726% return per unit of price deviation over the last 3 months. 372460AC9 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 372460AC9's Coefficient Of Variation of (2,406), information ratio of (0.17), and Market Risk Adjusted Performance of (2.23) to double-check the risk estimate we provide. The bond owns a Beta (Systematic Risk) of 0.0242, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 372460AC9's returns are expected to increase less than the market. However, during the bear market, the loss of holding 372460AC9 is expected to be smaller as well.
Auto-correlation | -0.45 |
Modest reverse predictability
GPC 275 01 FEB 32 has modest reverse predictability. Overlapping area represents the amount of predictability between 372460AC9 time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 GPC 275 01 price movement. The serial correlation of -0.45 indicates that just about 45.0% of current 372460AC9 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.45 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 2.07 |
GPC 275 01 lagged returns against current returns
Autocorrelation, which is 372460AC9 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 372460AC9's bond expected returns. We can calculate the autocorrelation of 372460AC9 returns to help us make a trade decision. For example, suppose you find that 372460AC9 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 |
372460AC9 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 372460AC9 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 372460AC9 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 372460AC9 bond over time.
Current vs Lagged Prices |
| Timeline |
372460AC9 Lagged Returns
When evaluating 372460AC9's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 372460AC9 bond have on its future price. 372460AC9 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, 372460AC9 autocorrelation shows the relationship between 372460AC9 bond current value and its past values and can show if there is a momentum factor associated with investing in GPC 275 01 FEB 32.
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 372460AC9 Bond
372460AC9 financial ratios help investors to determine whether 372460AC9 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 372460AC9 with respect to the benefits of owning 372460AC9 security.