GASBCM 6129 23 FEB 38 Market Value
| 39541EAA1 | 104.15 3.50 3.48% |
| Symbol | GASBCM |
Please note, there is a significant difference between GASBCM's value and its price as these two are different measures arrived at by different means. Investors typically determine if GASBCM is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GASBCM's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
GASBCM '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 GASBCM'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 GASBCM.
| 11/23/2024 |
| 12/23/2024 |
If you would invest 0.00 in GASBCM on November 23, 2024 and sell it all today you would earn a total of 0.00 from holding GASBCM 6129 23 FEB 38 or generate 0.0% return on investment in GASBCM over 30 days. GASBCM is related to or competes with 00108WAF7, 90331HPL1, Republic Bancorp, BYD Co, Fast Retailing, RCM Technologies, and Trio Tech. More
GASBCM 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 GASBCM'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 GASBCM 6129 23 FEB 38 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8765 | |||
| Information Ratio | 0.0081 | |||
| Maximum Drawdown | 5.5 | |||
| Value At Risk | (1.31) | |||
| Potential Upside | 1.24 |
GASBCM Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GASBCM's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GASBCM's standard deviation. In reality, there are many statistical measures that can use GASBCM historical prices to predict the future GASBCM's volatility.| Risk Adjusted Performance | 0.0333 | |||
| Jensen Alpha | 0.025 | |||
| Total Risk Alpha | 0.0015 | |||
| Sortino Ratio | 0.0096 | |||
| Treynor Ratio | 0.1209 |
GASBCM 6129 23 Backtested Returns
GASBCM 6129 23 holds Efficiency (Sharpe) Ratio of -0.13, which attests that the bond had a -0.13% return per unit of volatility over the last 3 months. GASBCM 6129 23 exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GASBCM's market risk adjusted performance of 0.1309, and Semi Deviation of 0.839 to validate the risk estimate we provide. The entity retains a Market Volatility (i.e., Beta) of 0.25, which attests to not very significant fluctuations relative to the market. As returns on the market increase, GASBCM's returns are expected to increase less than the market. However, during the bear market, the loss of holding GASBCM is expected to be smaller as well.
Auto-correlation | 0.73 |
Good predictability
GASBCM 6129 23 FEB 38 has good predictability. Overlapping area represents the amount of predictability between GASBCM time series from 23rd of November 2024 to 8th of December 2024 and 8th of December 2024 to 23rd 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 GASBCM 6129 23 price movement. The serial correlation of 0.73 indicates that around 73.0% of current GASBCM price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | -0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 1.57 |
GASBCM 6129 23 lagged returns against current returns
Autocorrelation, which is GASBCM 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 GASBCM's bond expected returns. We can calculate the autocorrelation of GASBCM returns to help us make a trade decision. For example, suppose you find that GASBCM 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 |
GASBCM 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 GASBCM bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GASBCM bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GASBCM bond over time.
Current vs Lagged Prices |
| Timeline |
GASBCM Lagged Returns
When evaluating GASBCM's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GASBCM bond have on its future price. GASBCM 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, GASBCM autocorrelation shows the relationship between GASBCM bond current value and its past values and can show if there is a momentum factor associated with investing in GASBCM 6129 23 FEB 38.
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 GASBCM Bond
GASBCM financial ratios help investors to determine whether GASBCM 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 GASBCM with respect to the benefits of owning GASBCM security.