General Dynamics (Brazil) Market Value
| GDBR34 Stock | BRL 1,680 3.99 0.24% |
| Symbol | General |
General Dynamics '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 Dynamics' 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 Dynamics.
| 12/10/2023 |
| 12/04/2024 |
If you would invest 0.00 in General Dynamics on December 10, 2023 and sell it all today you would earn a total of 0.00 from holding General Dynamics or generate 0.0% return on investment in General Dynamics over 360 days. General Dynamics is related to or competes with Raytheon Technologies, Northrop Grumman, and . General Dynamics Corporation operates as an aerospace and defense company worldwide More
General Dynamics 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 Dynamics' 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 Dynamics upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.9 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 9.92 | |||
| Value At Risk | (2.42) | |||
| Potential Upside | 2.42 |
General Dynamics Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for General Dynamics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as General Dynamics' standard deviation. In reality, there are many statistical measures that can use General Dynamics historical prices to predict the future General Dynamics' volatility.| Risk Adjusted Performance | 0.0138 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.0818 |
General Dynamics Backtested Returns
At this point, General Dynamics is very steady. General Dynamics holds Efficiency (Sharpe) Ratio of 0.0235, which attests that the entity had a 0.0235% return per unit of risk over the last 3 months. We have found thirty technical indicators for General Dynamics, which you can use to evaluate the volatility of the firm. Please check out General Dynamics' Downside Deviation of 1.9, risk adjusted performance of 0.0138, and Market Risk Adjusted Performance of 0.0918 to validate if the risk estimate we provide is consistent with the expected return of 0.0355%. General Dynamics has a performance score of 1 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.0903, which attests to not very significant fluctuations relative to the market. As returns on the market increase, General Dynamics' returns are expected to increase less than the market. However, during the bear market, the loss of holding General Dynamics is expected to be smaller as well. General Dynamics right now retains a risk of 1.51%. Please check out General Dynamics total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to decide if General Dynamics will be following its current trending patterns.
Auto-correlation | 0.80 |
Very good predictability
General Dynamics has very good predictability. Overlapping area represents the amount of predictability between General Dynamics time series from 10th of December 2023 to 7th of June 2024 and 7th of June 2024 to 4th 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 Dynamics price movement. The serial correlation of 0.8 indicates that around 80.0% of current General Dynamics price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.8 | |
| Spearman Rank Test | 0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 3053.21 |
General Dynamics lagged returns against current returns
Autocorrelation, which is General Dynamics 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 Dynamics' stock expected returns. We can calculate the autocorrelation of General Dynamics returns to help us make a trade decision. For example, suppose you find that General Dynamics 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 |
General Dynamics 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 Dynamics stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if General Dynamics stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in General Dynamics stock over time.
Current vs Lagged Prices |
| Timeline |
General Dynamics Lagged Returns
When evaluating General Dynamics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of General Dynamics stock have on its future price. General Dynamics 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 Dynamics autocorrelation shows the relationship between General Dynamics stock current value and its past values and can show if there is a momentum factor associated with investing in General Dynamics.
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.Additional Information and Resources on Investing in General Stock
When determining whether General Dynamics is a strong investment it is important to analyze General Dynamics' 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 General Dynamics' future performance. For an informed investment choice regarding General Stock, refer to the following important reports:Check out General Dynamics Correlation, General Dynamics Volatility and General Dynamics Alpha and Beta module to complement your research on General Dynamics. For information on how to trade General Stock refer to our How to Trade General Stock guide.You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
General Dynamics 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.