Ally Financial (Germany) Market Value
| GMZ Stock | EUR 33.19 0.07 0.21% |
| Symbol | Ally |
Ally Financial '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 Ally Financial'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 Ally Financial.
| 11/21/2024 |
| 12/21/2024 |
If you would invest 0.00 in Ally Financial on November 21, 2024 and sell it all today you would earn a total of 0.00 from holding Ally Financial or generate 0.0% return on investment in Ally Financial over 30 days. Ally Financial is related to or competes with Far East, Walker Dunlop, Paragon Banking, Hercules Capital, DIVERSIFIED ROYALTY, and Federal Home. Ally Financial Inc. provides various financial products and services to consumers, businesses, automotive dealers, and c... More
Ally Financial 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 Ally Financial'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 Ally Financial upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.66 | |||
| Information Ratio | 0.0559 | |||
| Maximum Drawdown | 12.66 | |||
| Value At Risk | (2.14) | |||
| Potential Upside | 3.62 |
Ally Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ally Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ally Financial's standard deviation. In reality, there are many statistical measures that can use Ally Financial historical prices to predict the future Ally Financial's volatility.| Risk Adjusted Performance | 0.0622 | |||
| Jensen Alpha | 0.125 | |||
| Total Risk Alpha | 0.084 | |||
| Sortino Ratio | 0.0745 | |||
| Treynor Ratio | 0.154 |
Ally Financial Backtested Returns
At this point, Ally Financial is very steady. Ally Financial secures Sharpe Ratio (or Efficiency) of 0.059, which signifies that the company had a 0.059% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Ally Financial, which you can use to evaluate the volatility of the firm. Please confirm Ally Financial's Downside Deviation of 1.66, mean deviation of 1.46, and Risk Adjusted Performance of 0.0622 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%. Ally Financial has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.95, which signifies possible diversification benefits within a given portfolio. Ally Financial returns are very sensitive to returns on the market. As the market goes up or down, Ally Financial is expected to follow. Ally Financial right now shows a risk of 2.23%. Please confirm Ally Financial treynor ratio, downside variance, and the relationship between the total risk alpha and value at risk , to decide if Ally Financial will be following its price patterns.
Auto-correlation | -0.2 |
Insignificant reverse predictability
Ally Financial has insignificant reverse predictability. Overlapping area represents the amount of predictability between Ally Financial time series from 21st of November 2024 to 6th of December 2024 and 6th of December 2024 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 Ally Financial price movement. The serial correlation of -0.2 indicates that over 20.0% of current Ally Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.2 | |
| Spearman Rank Test | -0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 1.31 |
Ally Financial lagged returns against current returns
Autocorrelation, which is Ally Financial 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 Ally Financial's stock expected returns. We can calculate the autocorrelation of Ally Financial returns to help us make a trade decision. For example, suppose you find that Ally Financial 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 |
Ally Financial 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 Ally Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ally Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ally Financial stock over time.
Current vs Lagged Prices |
| Timeline |
Ally Financial Lagged Returns
When evaluating Ally Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ally Financial stock have on its future price. Ally Financial 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, Ally Financial autocorrelation shows the relationship between Ally Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Ally Financial.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Ally Stock
When determining whether Ally Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ally Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ally Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ally Financial Stock:Check out Ally Financial Correlation, Ally Financial Volatility and Ally Financial Alpha and Beta module to complement your research on Ally Financial. For more detail on how to invest in Ally Stock please use our How to Invest in Ally Financial guide.You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Ally Financial 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.