Genworth Financial 65 Market Value
| 37247DAB2 | 96.30 0.45 0.47% |
| Symbol | Genworth |
Genworth '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 Genworth'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 Genworth.
| 01/14/2024 |
| 02/07/2025 |
If you would invest 0.00 in Genworth on January 14, 2024 and sell it all today you would earn a total of 0.00 from holding Genworth Financial 65 or generate 0.0% return on investment in Genworth over 390 days. Genworth is related to or competes with Aptiv PLC, Universal Technical, 51Talk Online, Deluxe, Gannett, BRP, and Thor Industries. More
Genworth 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 Genworth'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 Genworth Financial 65 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 4.99 | |||
| Value At Risk | (2.15) | |||
| Potential Upside | 1.92 |
Genworth Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Genworth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Genworth's standard deviation. In reality, there are many statistical measures that can use Genworth historical prices to predict the future Genworth's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | (0.29) |
Genworth Financial Backtested Returns
Genworth Financial holds Efficiency (Sharpe) Ratio of -0.0377, which attests that the entity had a -0.0377 % return per unit of risk over the last 3 months. Genworth Financial exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Genworth's Standard Deviation of 1.06, risk adjusted performance of (0.03), and Market Risk Adjusted Performance of (0.28) to validate the risk estimate we provide. The bond retains a Market Volatility (i.e., Beta) of 0.17, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Genworth's returns are expected to increase less than the market. However, during the bear market, the loss of holding Genworth is expected to be smaller as well.
Auto-correlation | 0.00 |
No correlation between past and present
Genworth Financial 65 has no correlation between past and present. Overlapping area represents the amount of predictability between Genworth time series from 14th of January 2024 to 27th of July 2024 and 27th of July 2024 to 7th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Genworth Financial price movement. The serial correlation of 0.0 indicates that just 0.0% of current Genworth price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 2.27 |
Genworth Financial lagged returns against current returns
Autocorrelation, which is Genworth 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 Genworth's bond expected returns. We can calculate the autocorrelation of Genworth returns to help us make a trade decision. For example, suppose you find that Genworth 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 |
Genworth 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 Genworth bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Genworth bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Genworth bond over time.
Current vs Lagged Prices |
| Timeline |
Genworth Lagged Returns
When evaluating Genworth's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Genworth bond have on its future price. Genworth 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, Genworth autocorrelation shows the relationship between Genworth bond current value and its past values and can show if there is a momentum factor associated with investing in Genworth Financial 65.
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 Genworth Bond
Genworth financial ratios help investors to determine whether Genworth 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 Genworth with respect to the benefits of owning Genworth security.