Global Crossing Airlines Stock Market Value
| JETMF Stock | USD 0.60 0.01 1.64% |
| Symbol | Global |
Global Crossing '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 Global Crossing's otc 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 Global Crossing.
| 04/20/2025 |
| 07/19/2025 |
If you would invest 0.00 in Global Crossing on April 20, 2025 and sell it all today you would earn a total of 0.00 from holding Global Crossing Airlines or generate 0.0% return on investment in Global Crossing over 90 days. Global Crossing is related to or competes with Finnair Oyj, EasyJet Plc, Norse Atlantic, Air New, Air China, Cebu Air, and Air France. Global Crossing Airlines Group Inc. operates in the airline business More
Global Crossing 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 Global Crossing's otc 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 Global Crossing Airlines upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 16.89 | |||
| Value At Risk | (4.92) | |||
| Potential Upside | 5.97 |
Global Crossing Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Global Crossing's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Global Crossing's standard deviation. In reality, there are many statistical measures that can use Global Crossing historical prices to predict the future Global Crossing's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.57) | |||
| Treynor Ratio | 0.6655 |
Global Crossing Airlines Backtested Returns
Global Crossing Airlines holds Efficiency (Sharpe) Ratio of close to zero, which attests that the entity had a close to zero % return per unit of risk over the last 3 months. Global Crossing Airlines exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Global Crossing's Market Risk Adjusted Performance of 0.6755, standard deviation of 3.19, and Risk Adjusted Performance of (0.03) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.19, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Global Crossing are expected to decrease at a much lower rate. During the bear market, Global Crossing is likely to outperform the market. At this point, Global Crossing Airlines has a negative expected return of -0.0033%. Please make sure to check out Global Crossing's potential upside, as well as the relationship between the daily balance of power and price action indicator , to decide if Global Crossing Airlines performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.25 |
Poor predictability
Global Crossing Airlines has poor predictability. Overlapping area represents the amount of predictability between Global Crossing time series from 20th of April 2025 to 4th of June 2025 and 4th of June 2025 to 19th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Global Crossing Airlines price movement. The serial correlation of 0.25 indicates that over 25.0% of current Global Crossing price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Global Crossing Airlines lagged returns against current returns
Autocorrelation, which is Global Crossing otc 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 Global Crossing's otc stock expected returns. We can calculate the autocorrelation of Global Crossing returns to help us make a trade decision. For example, suppose you find that Global Crossing has exhibited high autocorrelation historically, and you observe that the otc 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 |
Global Crossing 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 Global Crossing otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Global Crossing otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Global Crossing otc stock over time.
Current vs Lagged Prices |
| Timeline |
Global Crossing Lagged Returns
When evaluating Global Crossing's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Global Crossing otc stock have on its future price. Global Crossing 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, Global Crossing autocorrelation shows the relationship between Global Crossing otc stock current value and its past values and can show if there is a momentum factor associated with investing in Global Crossing Airlines.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Global OTC Stock
Global Crossing financial ratios help investors to determine whether Global OTC Stock 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 Global with respect to the benefits of owning Global Crossing security.