Graphic Packaging International Market Value
| 38869AAA5 | 96.95 0.00 0.00% |
| Symbol | Graphic |
Graphic '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 Graphic'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 Graphic.
| 08/29/2024 |
| 11/27/2024 |
If you would invest 0.00 in Graphic on August 29, 2024 and sell it all today you would earn a total of 0.00 from holding Graphic Packaging International or generate 0.0% return on investment in Graphic over 90 days. Graphic is related to or competes with 00108WAF7, 90331HPL1, Nasdaq, Vertiv Holdings, American Express, Intel, and Pfizer. Graphic Packaging International, LLC provides paper-based packaging solutions for various products to food, beverage, fo... More
Graphic 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 Graphic'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 Graphic Packaging International upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3749 | |||
| Information Ratio | (0.39) | |||
| Maximum Drawdown | 1.5 | |||
| Value At Risk | (0.47) | |||
| Potential Upside | 0.4827 |
Graphic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Graphic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Graphic's standard deviation. In reality, there are many statistical measures that can use Graphic historical prices to predict the future Graphic's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.34) | |||
| Treynor Ratio | 0.4536 |
Graphic Packaging Backtested Returns
Graphic Packaging holds Efficiency (Sharpe) Ratio of -0.12, which attests that the entity had a -0.12% return per unit of standard deviation over the last 3 months. Graphic Packaging exposes twenty-five different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Graphic's risk adjusted performance of (0.01), and Market Risk Adjusted Performance of 0.4636 to validate the risk estimate we provide. The bond retains a Market Volatility (i.e., Beta) of -0.0195, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Graphic are expected to decrease at a much lower rate. During the bear market, Graphic is likely to outperform the market.
Auto-correlation | -0.57 |
Good reverse predictability
Graphic Packaging International has good reverse predictability. Overlapping area represents the amount of predictability between Graphic time series from 29th of August 2024 to 13th of October 2024 and 13th of October 2024 to 27th 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 Graphic Packaging price movement. The serial correlation of -0.57 indicates that roughly 57.0% of current Graphic price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.57 | |
| Spearman Rank Test | -0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.31 |
Graphic Packaging lagged returns against current returns
Autocorrelation, which is Graphic 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 Graphic's bond expected returns. We can calculate the autocorrelation of Graphic returns to help us make a trade decision. For example, suppose you find that Graphic 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 |
Graphic 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 Graphic bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Graphic bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Graphic bond over time.
Current vs Lagged Prices |
| Timeline |
Graphic Lagged Returns
When evaluating Graphic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Graphic bond have on its future price. Graphic 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, Graphic autocorrelation shows the relationship between Graphic bond current value and its past values and can show if there is a momentum factor associated with investing in Graphic Packaging International.
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 Graphic Bond
Graphic financial ratios help investors to determine whether Graphic 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 Graphic with respect to the benefits of owning Graphic security.