GENERAL DYNAMICS PORATION Market Value
| 369550BJ6 | 84.71 4.18 4.70% |
| Symbol | GENERAL |
GENERAL '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 GENERAL'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 GENERAL.
| 09/10/2024 |
| 10/10/2024 |
If you would invest 0.00 in GENERAL on September 10, 2024 and sell it all today you would earn a total of 0.00 from holding GENERAL DYNAMICS PORATION or generate 0.0% return on investment in GENERAL over 30 days. GENERAL is related to or competes with Paysafe, NetSol Technologies, Rackspace Technology, Apogee Therapeutics,, Mink Therapeutics, Datadog, and Abcellera Biologics. More
GENERAL 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 GENERAL'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 GENERAL DYNAMICS PORATION upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.2 | |||
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 7.6 | |||
| Value At Risk | (1.05) | |||
| Potential Upside | 1.18 |
GENERAL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GENERAL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GENERAL's standard deviation. In reality, there are many statistical measures that can use GENERAL historical prices to predict the future GENERAL's volatility.| Risk Adjusted Performance | 0.0156 | |||
| Jensen Alpha | 0.0249 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | (0.04) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of GENERAL's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
GENERAL DYNAMICS PORATION Backtested Returns
GENERAL DYNAMICS PORATION holds Efficiency (Sharpe) Ratio of -0.0254, which attests that the entity had a -0.0254% return per unit of risk over the last 3 months. GENERAL DYNAMICS PORATION exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GENERAL's Semi Deviation of 1.17, risk adjusted performance of 0.0156, and Market Risk Adjusted Performance of (0.03) to validate the risk estimate we provide. The bond retains a Market Volatility (i.e., Beta) of -0.16, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning GENERAL are expected to decrease at a much lower rate. During the bear market, GENERAL is likely to outperform the market.
Auto-correlation | 0.50 |
Modest predictability
GENERAL DYNAMICS PORATION has modest predictability. Overlapping area represents the amount of predictability between GENERAL time series from 10th of September 2024 to 25th of September 2024 and 25th of September 2024 to 10th of October 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 GENERAL DYNAMICS PORATION price movement. The serial correlation of 0.5 indicates that about 50.0% of current GENERAL price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.5 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 5.22 |
GENERAL DYNAMICS PORATION lagged returns against current returns
Autocorrelation, which is GENERAL 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 GENERAL's bond expected returns. We can calculate the autocorrelation of GENERAL returns to help us make a trade decision. For example, suppose you find that GENERAL 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 |
GENERAL 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 GENERAL bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GENERAL bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GENERAL bond over time.
Current vs Lagged Prices |
| Timeline |
GENERAL Lagged Returns
When evaluating GENERAL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GENERAL bond have on its future price. GENERAL 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, GENERAL autocorrelation shows the relationship between GENERAL bond current value and its past values and can show if there is a momentum factor associated with investing in GENERAL DYNAMICS PORATION.
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 GENERAL Bond
GENERAL financial ratios help investors to determine whether GENERAL 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 GENERAL with respect to the benefits of owning GENERAL security.