General Accident (UK) Market Value
| GACB Preferred Stock | 120.50 0.00 0.00% |
| Symbol | General |
General Accident '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 Accident's preferred 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 General Accident.
| 07/02/2024 |
| 12/29/2024 |
If you would invest 0.00 in General Accident on July 2, 2024 and sell it all today you would earn a total of 0.00 from holding General Accident plc or generate 0.0% return on investment in General Accident over 180 days.
General Accident 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 Accident's preferred 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 General Accident plc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.36) | |||
| Maximum Drawdown | 2.06 | |||
| Value At Risk | (0.79) | |||
| Potential Upside | 0.4082 |
General Accident Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for General Accident's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as General Accident's standard deviation. In reality, there are many statistical measures that can use General Accident historical prices to predict the future General Accident's volatility.| Risk Adjusted Performance | (0.22) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.1) | |||
| Treynor Ratio | 5.98 |
General Accident plc Backtested Returns
General Accident plc holds Efficiency (Sharpe) Ratio of -0.26, which attests that the entity had a -0.26% return per unit of risk over the last 3 months. General Accident plc exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out General Accident's Risk Adjusted Performance of (0.22), market risk adjusted performance of 5.99, and Standard Deviation of 0.3114 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.0149, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning General Accident are expected to decrease at a much lower rate. During the bear market, General Accident is likely to outperform the market. At this point, General Accident plc has a negative expected return of -0.0816%. Please make sure to check out General Accident's information ratio, total risk alpha, potential upside, as well as the relationship between the jensen alpha and treynor ratio , to decide if General Accident plc performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.74 |
Almost perfect reverse predictability
General Accident plc has almost perfect reverse predictability. Overlapping area represents the amount of predictability between General Accident time series from 2nd of July 2024 to 30th of September 2024 and 30th of September 2024 to 29th 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 General Accident plc price movement. The serial correlation of -0.74 indicates that around 74.0% of current General Accident price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.74 | |
| Spearman Rank Test | -0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 2.28 |
General Accident plc lagged returns against current returns
Autocorrelation, which is General Accident preferred 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 General Accident's preferred stock expected returns. We can calculate the autocorrelation of General Accident returns to help us make a trade decision. For example, suppose you find that General Accident has exhibited high autocorrelation historically, and you observe that the preferred 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 |
General Accident 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 Accident preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if General Accident preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in General Accident preferred stock over time.
Current vs Lagged Prices |
| Timeline |
General Accident Lagged Returns
When evaluating General Accident's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of General Accident preferred stock have on its future price. General Accident 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 Accident autocorrelation shows the relationship between General Accident preferred stock current value and its past values and can show if there is a momentum factor associated with investing in General Accident plc.
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.Additional Tools for General Preferred Stock Analysis
When running General Accident's price analysis, check to measure General Accident's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy General Accident is operating at the current time. Most of General Accident's value examination focuses on studying past and present price action to predict the probability of General Accident's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move General Accident's price. Additionally, you may evaluate how the addition of General Accident to your portfolios can decrease your overall portfolio volatility.