Ge Aerospace Stock Market Value
| GE Stock | USD 155.67 1.09 0.70% |
| Symbol | GE Aerospace |
GE Aerospace Price To Book Ratio
Is GE Aerospace's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of GE Aerospace. If investors know GE Aerospace will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about GE Aerospace listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.23) | Dividend Share 0.32 | Earnings Share 7.98 | Revenue Per Share 62.4 | Quarterly Revenue Growth 0.154 |
The market value of GE Aerospace is measured differently than its book value, which is the value of GE Aerospace that is recorded on the company's balance sheet. Investors also form their own opinion of GE Aerospace's value that differs from its market value or its book value, called intrinsic value, which is GE Aerospace's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because GE Aerospace's market value can be influenced by many factors that don't directly affect GE Aerospace's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between GE Aerospace's value and its price as these two are different measures arrived at by different means. Investors typically determine if GE Aerospace is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GE Aerospace'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.
GE Aerospace '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 GE Aerospace's 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 GE Aerospace.
| 01/19/2024 |
| 04/18/2024 |
If you would invest 0.00 in GE Aerospace on January 19, 2024 and sell it all today you would earn a total of 0.00 from holding GE Aerospace or generate 0.0% return on investment in GE Aerospace over 90 days. GE Aerospace is related to or competes with Illinois Tool, Dover, Cummins, Eaton PLC, Parker Hannifin, Rockwell Automation, and Chart Industries. General Electric Company operates as a high-tech industrial company in Europe, China, Asia, the Americas, the Middle Eas... More
GE Aerospace 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 GE Aerospace's 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 GE Aerospace upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.3 | |||
| Information Ratio | 0.3434 | |||
| Maximum Drawdown | 8.46 | |||
| Value At Risk | (1.96) | |||
| Potential Upside | 3.79 |
GE Aerospace Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GE Aerospace's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GE Aerospace's standard deviation. In reality, there are many statistical measures that can use GE Aerospace historical prices to predict the future GE Aerospace's volatility.| Risk Adjusted Performance | 0.2434 | |||
| Jensen Alpha | 0.57 | |||
| Total Risk Alpha | 0.5037 | |||
| Sortino Ratio | 0.4463 | |||
| Treynor Ratio | 0.5113 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of GE Aerospace's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
GE Aerospace Backtested Returns
GE Aerospace appears to be very steady, given 3 months investment horizon. GE Aerospace retains Efficiency (Sharpe Ratio) of 0.39, which attests that the entity had a 0.39% return per unit of price deviation over the last 3 months. By inspecting GE Aerospace's technical indicators, you can evaluate if the expected return of 0.67% is justified by implied risk. Please utilize GE Aerospace's Market Risk Adjusted Performance of 0.5213, semi deviation of 0.6902, and Standard Deviation of 1.69 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, GE Aerospace holds a performance score of 30. The company owns a Beta (Systematic Risk) of 1.22, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, GE Aerospace will likely underperform. Please check GE Aerospace's semi deviation, sortino ratio, semi variance, as well as the relationship between the standard deviation and value at risk , to make a quick decision on whether GE Aerospace's current price history will revert.
Auto-correlation | 0.92 |
Excellent predictability
GE Aerospace has excellent predictability. Overlapping area represents the amount of predictability between GE Aerospace time series from 19th of January 2024 to 4th of March 2024 and 4th of March 2024 to 18th of April 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 GE Aerospace price movement. The serial correlation of 0.92 indicates that approximately 92.0% of current GE Aerospace price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.92 | |
| Spearman Rank Test | 0.94 | |
| Residual Average | 0.0 | |
| Price Variance | 92.06 |
GE Aerospace lagged returns against current returns
Autocorrelation, which is GE Aerospace 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 GE Aerospace's stock expected returns. We can calculate the autocorrelation of GE Aerospace returns to help us make a trade decision. For example, suppose you find that GE Aerospace 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 |
GE Aerospace 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 GE Aerospace stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GE Aerospace stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GE Aerospace stock over time.
Current vs Lagged Prices |
| Timeline |
GE Aerospace Lagged Returns
When evaluating GE Aerospace's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GE Aerospace stock have on its future price. GE Aerospace 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, GE Aerospace autocorrelation shows the relationship between GE Aerospace stock current value and its past values and can show if there is a momentum factor associated with investing in GE Aerospace.
Regressed Prices |
| Timeline |
GE Aerospace Investors Sentiment
The influence of GE Aerospace's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in GE Aerospace. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to GE Aerospace's public news can be used to forecast risks associated with an investment in GE Aerospace. The trend in average sentiment can be used to explain how an investor holding GE Aerospace can time the market purely based on public headlines and social activities around GE Aerospace. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
GE Aerospace's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for GE Aerospace's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average GE Aerospace's news discussions. The higher the estimated score, the more favorable is the investor's outlook on GE Aerospace.
GE Aerospace Implied Volatility | 49.34 |
GE Aerospace's implied volatility exposes the market's sentiment of GE Aerospace stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if GE Aerospace's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that GE Aerospace stock will not fluctuate a lot when GE Aerospace's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards GE Aerospace in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, GE Aerospace's short interest history, or implied volatility extrapolated from GE Aerospace options trading.
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Try AI Portfolio ArchitectCheck out GE Aerospace Correlation, GE Aerospace Volatility and GE Aerospace Alpha and Beta module to complement your research on GE Aerospace. For information on how to trade GE Aerospace Stock refer to our How to Trade GE Aerospace Stock guide.Note that the GE Aerospace information on this page should be used as a complementary analysis to other GE Aerospace's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Complementary Tools for GE Aerospace Stock analysis
When running GE Aerospace's price analysis, check to measure GE Aerospace's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy GE Aerospace is operating at the current time. Most of GE Aerospace's value examination focuses on studying past and present price action to predict the probability of GE Aerospace's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GE Aerospace's price. Additionally, you may evaluate how the addition of GE Aerospace to your portfolios can decrease your overall portfolio volatility.
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GE Aerospace 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.