GEORGIA PWR 43 Market Value
| 373334KA8 | 89.79 3.25 3.76% |
| Symbol | GEORGIA |
GEORGIA '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 GEORGIA'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 GEORGIA.
| 11/19/2023 |
| 12/13/2024 |
If you would invest 0.00 in GEORGIA on November 19, 2023 and sell it all today you would earn a total of 0.00 from holding GEORGIA PWR 43 or generate 0.0% return on investment in GEORGIA over 390 days. GEORGIA is related to or competes with Sweetgreen, Sun Life, Ark Restaurants, Meli Hotels, Western Asset, Park Hotels, and BJs Restaurants. More
GEORGIA 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 GEORGIA'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 GEORGIA PWR 43 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.98 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 12.81 | |||
| Value At Risk | (2.73) | |||
| Potential Upside | 4.83 |
GEORGIA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GEORGIA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GEORGIA's standard deviation. In reality, there are many statistical measures that can use GEORGIA historical prices to predict the future GEORGIA's volatility.| Risk Adjusted Performance | 0.0396 | |||
| Jensen Alpha | 0.0725 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.6067 |
GEORGIA PWR 43 Backtested Returns
GEORGIA PWR 43 holds Efficiency (Sharpe) Ratio of -0.0108, which attests that the entity had a -0.0108% return per unit of volatility over the last 3 months. GEORGIA PWR 43 exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GEORGIA's risk adjusted performance of 0.0396, and Market Risk Adjusted Performance of 0.6167 to validate the risk estimate we provide. The bond retains a Market Volatility (i.e., Beta) of 0.14, which attests to not very significant fluctuations relative to the market. As returns on the market increase, GEORGIA's returns are expected to increase less than the market. However, during the bear market, the loss of holding GEORGIA is expected to be smaller as well.
Auto-correlation | -0.34 |
Poor reverse predictability
GEORGIA PWR 43 has poor reverse predictability. Overlapping area represents the amount of predictability between GEORGIA time series from 19th of November 2023 to 1st of June 2024 and 1st of June 2024 to 13th 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 GEORGIA PWR 43 price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current GEORGIA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 4.62 |
GEORGIA PWR 43 lagged returns against current returns
Autocorrelation, which is GEORGIA 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 GEORGIA's bond expected returns. We can calculate the autocorrelation of GEORGIA returns to help us make a trade decision. For example, suppose you find that GEORGIA 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 |
GEORGIA 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 GEORGIA bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GEORGIA bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GEORGIA bond over time.
Current vs Lagged Prices |
| Timeline |
GEORGIA Lagged Returns
When evaluating GEORGIA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GEORGIA bond have on its future price. GEORGIA 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, GEORGIA autocorrelation shows the relationship between GEORGIA bond current value and its past values and can show if there is a momentum factor associated with investing in GEORGIA PWR 43.
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 GEORGIA Bond
GEORGIA financial ratios help investors to determine whether GEORGIA 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 GEORGIA with respect to the benefits of owning GEORGIA security.