GBDC 25 24 AUG 26 Market Value
| 38173MAB8 | 89.24 5.85 6.15% |
| Symbol | 38173MAB8 |
Please note, there is a significant difference between 38173MAB8's value and its price as these two are different measures arrived at by different means. Investors typically determine if 38173MAB8 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 38173MAB8'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.
38173MAB8 '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 38173MAB8'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 38173MAB8.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in 38173MAB8 on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding GBDC 25 24 AUG 26 or generate 0.0% return on investment in 38173MAB8 over 540 days. 38173MAB8 is related to or competes with ATT, Home Depot, Cisco Systems, Dupont De, GE Aerospace, Johnson Johnson, and Intel. More
38173MAB8 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 38173MAB8'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 GBDC 25 24 AUG 26 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 20.66 | |||
| Value At Risk | (5.57) | |||
| Potential Upside | 4.09 |
38173MAB8 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 38173MAB8's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 38173MAB8's standard deviation. In reality, there are many statistical measures that can use 38173MAB8 historical prices to predict the future 38173MAB8's volatility.| Risk Adjusted Performance | (0.0003) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | (0.15) |
GBDC 25 24 Backtested Returns
GBDC 25 24 secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the bond had a -0.11% return per unit of price deviation over the last 3 months. GBDC 25 24 AUG 26 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 38173MAB8's Mean Deviation of 1.06, coefficient of variation of (10,548), and Information Ratio of (0.06) to double-check the risk estimate we provide. The entity shows a Beta (market volatility) of 0.23, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 38173MAB8's returns are expected to increase less than the market. However, during the bear market, the loss of holding 38173MAB8 is expected to be smaller as well.
Auto-correlation | 0.90 |
Excellent predictability
GBDC 25 24 AUG 26 has excellent predictability. Overlapping area represents the amount of predictability between 38173MAB8 time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 GBDC 25 24 price movement. The serial correlation of 0.9 indicates that approximately 90.0% of current 38173MAB8 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.9 | |
| Spearman Rank Test | 0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 1.81 |
GBDC 25 24 lagged returns against current returns
Autocorrelation, which is 38173MAB8 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 38173MAB8's bond expected returns. We can calculate the autocorrelation of 38173MAB8 returns to help us make a trade decision. For example, suppose you find that 38173MAB8 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 |
38173MAB8 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 38173MAB8 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 38173MAB8 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 38173MAB8 bond over time.
Current vs Lagged Prices |
| Timeline |
38173MAB8 Lagged Returns
When evaluating 38173MAB8's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 38173MAB8 bond have on its future price. 38173MAB8 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, 38173MAB8 autocorrelation shows the relationship between 38173MAB8 bond current value and its past values and can show if there is a momentum factor associated with investing in GBDC 25 24 AUG 26.
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 38173MAB8 Bond
38173MAB8 financial ratios help investors to determine whether 38173MAB8 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 38173MAB8 with respect to the benefits of owning 38173MAB8 security.