GWOCN 904 12 AUG 25 Market Value
| 391399AA0 | 92.16 0.00 0.00% |
| Symbol | GWOCN |
Please note, there is a significant difference between GWOCN's value and its price as these two are different measures arrived at by different means. Investors typically determine if GWOCN is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GWOCN'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.
GWOCN '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 GWOCN'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 GWOCN.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in GWOCN on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding GWOCN 904 12 AUG 25 or generate 0.0% return on investment in GWOCN over 30 days. GWOCN is related to or competes with Cadence Design, SFL, Highway Holdings, Qualys, Rackspace Technology, CECO Environmental, and Griffon. More
GWOCN 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 GWOCN'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 GWOCN 904 12 AUG 25 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 5.27 | |||
| Value At Risk | (0.41) | |||
| Potential Upside | 0.3458 |
GWOCN Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GWOCN's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GWOCN's standard deviation. In reality, there are many statistical measures that can use GWOCN historical prices to predict the future GWOCN's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | 1.49 |
GWOCN 904 12 Backtested Returns
GWOCN 904 12 holds Efficiency (Sharpe) Ratio of -0.19, which attests that the entity had a -0.19% return per unit of volatility over the last 3 months. GWOCN 904 12 exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GWOCN's risk adjusted performance of (0.02), and Market Risk Adjusted Performance of 1.5 to validate the risk estimate we provide. The bond retains a Market Volatility (i.e., Beta) of -0.0286, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning GWOCN are expected to decrease at a much lower rate. During the bear market, GWOCN is likely to outperform the market.
Auto-correlation | 0.77 |
Good predictability
GWOCN 904 12 AUG 25 has good predictability. Overlapping area represents the amount of predictability between GWOCN time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 GWOCN 904 12 price movement. The serial correlation of 0.77 indicates that around 77.0% of current GWOCN price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.77 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
GWOCN 904 12 lagged returns against current returns
Autocorrelation, which is GWOCN 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 GWOCN's bond expected returns. We can calculate the autocorrelation of GWOCN returns to help us make a trade decision. For example, suppose you find that GWOCN 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 |
GWOCN 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 GWOCN bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GWOCN bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GWOCN bond over time.
Current vs Lagged Prices |
| Timeline |
GWOCN Lagged Returns
When evaluating GWOCN's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GWOCN bond have on its future price. GWOCN 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, GWOCN autocorrelation shows the relationship between GWOCN bond current value and its past values and can show if there is a momentum factor associated with investing in GWOCN 904 12 AUG 25.
Regressed Prices |
| Timeline |
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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 GWOCN Bond
GWOCN financial ratios help investors to determine whether GWOCN 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 GWOCN with respect to the benefits of owning GWOCN security.