GATX P 325 Market Value
| 361448AW3 | 97.89 1.57 1.58% |
| Symbol | 361448AW3 |
361448AW3 '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 361448AW3'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 361448AW3.
| 10/04/2024 |
| 12/03/2024 |
If you would invest 0.00 in 361448AW3 on October 4, 2024 and sell it all today you would earn a total of 0.00 from holding GATX P 325 or generate 0.0% return on investment in 361448AW3 over 60 days. 361448AW3 is related to or competes with Valneva SE, Analog Devices, Kaltura, Sabre Corpo, BioNTech, Enersys, and Supercom. More
361448AW3 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 361448AW3'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 GATX P 325 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 3.83 | |||
| Value At Risk | (1.12) | |||
| Potential Upside | 1.31 |
361448AW3 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 361448AW3's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 361448AW3's standard deviation. In reality, there are many statistical measures that can use 361448AW3 historical prices to predict the future 361448AW3's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | 0.0147 | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | 0.048 |
GATX P 325 Backtested Returns
GATX P 325 secures Sharpe Ratio (or Efficiency) of -0.0485, which signifies that the bond had a -0.0485% return per unit of risk over the last 3 months. GATX P 325 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 361448AW3's Coefficient Of Variation of (97,036), variance of 0.4013, and Mean Deviation of 0.3265 to double-check the risk estimate we provide. The entity shows a Beta (market volatility) of -0.22, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 361448AW3 are expected to decrease at a much lower rate. During the bear market, 361448AW3 is likely to outperform the market.
Auto-correlation | -0.34 |
Poor reverse predictability
GATX P 325 has poor reverse predictability. Overlapping area represents the amount of predictability between 361448AW3 time series from 4th of October 2024 to 3rd of November 2024 and 3rd of November 2024 to 3rd 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 GATX P 325 price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current 361448AW3 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | 0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.47 |
GATX P 325 lagged returns against current returns
Autocorrelation, which is 361448AW3 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 361448AW3's bond expected returns. We can calculate the autocorrelation of 361448AW3 returns to help us make a trade decision. For example, suppose you find that 361448AW3 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 |
361448AW3 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 361448AW3 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 361448AW3 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 361448AW3 bond over time.
Current vs Lagged Prices |
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361448AW3 Lagged Returns
When evaluating 361448AW3's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 361448AW3 bond have on its future price. 361448AW3 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, 361448AW3 autocorrelation shows the relationship between 361448AW3 bond current value and its past values and can show if there is a momentum factor associated with investing in GATX P 325.
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 361448AW3 Bond
361448AW3 financial ratios help investors to determine whether 361448AW3 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 361448AW3 with respect to the benefits of owning 361448AW3 security.