GLENLN 1625 01 SEP 25 Market Value
| 378272AX6 | 95.30 2.35 2.41% |
| Symbol | GLENLN |
Please note, there is a significant difference between GLENLN's value and its price as these two are different measures arrived at by different means. Investors typically determine if GLENLN is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GLENLN'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.
GLENLN '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 GLENLN'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 GLENLN.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in GLENLN on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding GLENLN 1625 01 SEP 25 or generate 0.0% return on investment in GLENLN over 360 days. GLENLN is related to or competes with ATT, Home Depot, Cisco Systems, Dupont De, GE Aerospace, Johnson Johnson, and Intel. More
GLENLN 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 GLENLN'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 GLENLN 1625 01 SEP 25 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.48) | |||
| Maximum Drawdown | 0.4946 | |||
| Value At Risk | (0.20) | |||
| Potential Upside | 0.1764 |
GLENLN Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GLENLN's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GLENLN's standard deviation. In reality, there are many statistical measures that can use GLENLN historical prices to predict the future GLENLN's volatility.| Risk Adjusted Performance | (0.05) | |||
| Total Risk Alpha | (0.08) |
GLENLN 1625 01 Backtested Returns
GLENLN 1625 01 holds Efficiency (Sharpe) Ratio of -0.0873, which attests that the entity had a -0.0873% return per unit of return volatility over the last 3 months. GLENLN 1625 01 exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GLENLN's Risk Adjusted Performance of (0.05), mean deviation of 0.1299, and Standard Deviation of 0.3185 to validate the risk estimate we provide. The bond retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and GLENLN are completely uncorrelated.
Auto-correlation | 0.54 |
Modest predictability
GLENLN 1625 01 SEP 25 has modest predictability. Overlapping area represents the amount of predictability between GLENLN time series from 7th of December 2023 to 4th of June 2024 and 4th of June 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 GLENLN 1625 01 price movement. The serial correlation of 0.54 indicates that about 54.0% of current GLENLN price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 0.59 |
GLENLN 1625 01 lagged returns against current returns
Autocorrelation, which is GLENLN 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 GLENLN's bond expected returns. We can calculate the autocorrelation of GLENLN returns to help us make a trade decision. For example, suppose you find that GLENLN 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 |
GLENLN 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 GLENLN bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GLENLN bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GLENLN bond over time.
Current vs Lagged Prices |
| Timeline |
GLENLN Lagged Returns
When evaluating GLENLN's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GLENLN bond have on its future price. GLENLN 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, GLENLN autocorrelation shows the relationship between GLENLN bond current value and its past values and can show if there is a momentum factor associated with investing in GLENLN 1625 01 SEP 25.
Regressed Prices |
| Timeline |
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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 GLENLN Bond
GLENLN financial ratios help investors to determine whether GLENLN 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 GLENLN with respect to the benefits of owning GLENLN security.