Global Ship (Germany) Market Value
| 37H Stock | EUR 21.18 0.04 0.19% |
| Symbol | Global |
Global Ship '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 Global Ship's stock 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 Global Ship.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in Global Ship on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding Global Ship Lease or generate 0.0% return on investment in Global Ship over 30 days. Global Ship is related to or competes with WT OFFSHORE, SBM OFFSHORE, American Airlines, AEGEAN AIRLINES, Focus Home, 24SEVENOFFICE GROUP, and ANGI Homeservices. Global Ship Lease, Inc. owns and charters containerships of various sizes under fixed-rate charters to container shippin... More
Global Ship 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 Global Ship's stock 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 Global Ship Lease upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0) | |||
| Maximum Drawdown | 9.09 | |||
| Value At Risk | (2.55) | |||
| Potential Upside | 2.51 |
Global Ship Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Global Ship's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Global Ship's standard deviation. In reality, there are many statistical measures that can use Global Ship historical prices to predict the future Global Ship's volatility.| Risk Adjusted Performance | 0.0036 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | 2.0E-4 | |||
| Treynor Ratio | 0.0532 |
Global Ship Lease Backtested Returns
At this point, Global Ship is very steady. Global Ship Lease holds Efficiency (Sharpe) Ratio of 0.0729, which attests that the entity had a 0.0729 % return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Global Ship Lease, which you can use to evaluate the volatility of the firm. Please check out Global Ship's Risk Adjusted Performance of 0.0036, standard deviation of 1.57, and Market Risk Adjusted Performance of 0.0632 to validate if the risk estimate we provide is consistent with the expected return of 0.11%. Global Ship has a performance score of 5 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.26, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Global Ship are expected to decrease at a much lower rate. During the bear market, Global Ship is likely to outperform the market. Global Ship Lease right now retains a risk of 1.57%. Please check out Global Ship jensen alpha, treynor ratio, and the relationship between the information ratio and total risk alpha , to decide if Global Ship will be following its current trending patterns.
Auto-correlation | 0.53 |
Modest predictability
Global Ship Lease has modest predictability. Overlapping area represents the amount of predictability between Global Ship time series from 27th of January 2025 to 11th of February 2025 and 11th of February 2025 to 26th 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 Global Ship Lease price movement. The serial correlation of 0.53 indicates that about 53.0% of current Global Ship price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.53 | |
| Spearman Rank Test | 0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Global Ship Lease lagged returns against current returns
Autocorrelation, which is Global Ship stock'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 Global Ship's stock expected returns. We can calculate the autocorrelation of Global Ship returns to help us make a trade decision. For example, suppose you find that Global Ship has exhibited high autocorrelation historically, and you observe that the stock 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 |
Global Ship 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 Global Ship stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Global Ship stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Global Ship stock over time.
Current vs Lagged Prices |
| Timeline |
Global Ship Lagged Returns
When evaluating Global Ship's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Global Ship stock have on its future price. Global Ship 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, Global Ship autocorrelation shows the relationship between Global Ship stock current value and its past values and can show if there is a momentum factor associated with investing in Global Ship Lease.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Global Stock
When determining whether Global Ship Lease is a strong investment it is important to analyze Global Ship's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Global Ship's future performance. For an informed investment choice regarding Global Stock, refer to the following important reports:Check out Global Ship Correlation, Global Ship Volatility and Global Ship Alpha and Beta module to complement your research on Global Ship. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Global Ship technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.