General American Investors Preferred Stock Market Value
| GAM-PB Preferred Stock | USD 25.00 0.06 0.24% |
| Symbol | General |
General American '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 American'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 American.
| 01/01/2023 |
| 12/21/2024 |
If you would invest 0.00 in General American on January 1, 2023 and sell it all today you would earn a total of 0.00 from holding General American Investors or generate 0.0% return on investment in General American over 720 days. General American is related to or competes with Gabelli Equity, Gabelli Equity, Gabelli Utility, GAMCO Global, and Gabelli Multimedia. General American Investors Company, Inc. is a publicly owned investment manager More
General American 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 American'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 American Investors upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 2.67 | |||
| Value At Risk | (1.07) | |||
| Potential Upside | 0.9037 |
General American Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for General American's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as General American's standard deviation. In reality, there are many statistical measures that can use General American historical prices to predict the future General American's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | 4.06 |
General American Inv Backtested Returns
General American Inv holds Efficiency (Sharpe) Ratio of -0.0293, which attests that the entity had a -0.0293% return per unit of risk over the last 3 months. General American Inv exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out General American's Market Risk Adjusted Performance of 4.07, standard deviation of 0.5073, and Risk Adjusted Performance of (0.03) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.0066, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning General American are expected to decrease at a much lower rate. During the bear market, General American is likely to outperform the market. At this point, General American Inv has a negative expected return of -0.0147%. Please make sure to check out General American's maximum drawdown, daily balance of power, period momentum indicator, as well as the relationship between the skewness and day typical price , to decide if General American Inv performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.38 |
Poor reverse predictability
General American Investors has poor reverse predictability. Overlapping area represents the amount of predictability between General American time series from 1st of January 2023 to 27th of December 2023 and 27th of December 2023 to 21st 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 American Inv price movement. The serial correlation of -0.38 indicates that just about 38.0% of current General American price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.56 |
General American Inv lagged returns against current returns
Autocorrelation, which is General American 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 American's preferred stock expected returns. We can calculate the autocorrelation of General American returns to help us make a trade decision. For example, suppose you find that General American 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 American 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 American preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if General American 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 American preferred stock over time.
Current vs Lagged Prices |
| Timeline |
General American Lagged Returns
When evaluating General American's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of General American preferred stock have on its future price. General American 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 American autocorrelation shows the relationship between General American preferred stock current value and its past values and can show if there is a momentum factor associated with investing in General American Investors.
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 Preferred Stock
General American financial ratios help investors to determine whether General Preferred Stock 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 American security.