FEDEX P 405 Price on October 8, 2024
| 31428XBQ8 | 82.99 3.07 3.84% |
If you're considering investing in FEDEX Bond, it is important to understand the factors that can impact its price. As of today, the current price of FEDEX stands at 82.99, as last reported on the 1st of December, with the highest price reaching 82.99 and the lowest price hitting 82.99 during the day. At this point, FEDEX is very steady. FEDEX P 405 secures Sharpe Ratio (or Efficiency) of 0.0114, which denotes the bond had a 0.0114% return per unit of return volatility over the last 3 months. We have found twenty-eight technical indicators for FEDEX P 405, which you can use to evaluate the volatility of the entity. Please confirm FEDEX's downside deviation of 3.37, and Mean Deviation of 2.23 to check if the risk estimate we provide is consistent with the expected return of 0.0268%.
FEDEX Bond price history is provided at the adjusted basis, taking into account all of the recent filings.
FEDEX |
Sharpe Ratio = 0.0114
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 31428XBQ8 |
Estimated Market Risk
| 2.36 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average FEDEX is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of FEDEX by adding FEDEX to a well-diversified portfolio.
FEDEX Valuation on October 8, 2024
It is possible to determine the worth of FEDEX on a given historical date. On October 8, 2024 FEDEX was worth 81.19 at the beginning of the trading date compared to the closed value of 81.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of FEDEX bond. Still, in general, we apply an absolute valuation method to find FEDEX's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of FEDEX where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against FEDEX's related companies.
| Open | High | Low | Close | Volume | |
| 81.61 | 81.61 | 81.61 | 81.61 | 1.00 | |
10/08/2024 | 81.19 | 81.19 | 81.19 | 81.19 | 1.00 |
| 81.40 | 81.40 | 81.40 | 81.40 | 1.00 |
| Backtest FEDEX | | | FEDEX History | | | FEDEX Valuation | Previous | Next |
FEDEX Trading Date Momentum on October 8, 2024
| On October 09 2024 FEDEX P 405 was traded for 81.40 at the closing time. The highest price during the trading period was 81.40 and the lowest recorded bid was listed for 81.40 . There was no trading activity during the period 1.0. Lack of trading volume on October 9, 2024 contributed to the next trading day price jump. The trading price change to the next closing price was 0.26% . The overall trading delta to the current price is 0.41% . |
About FEDEX Bond history
FEDEX investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for FEDEX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in FEDEX P 405 will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing FEDEX stock prices may prove useful in developing a viable investing in FEDEX
FEDEX Bond Technical Analysis
FEDEX technical bond 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, bond market cycles, or different charting patterns.
Price Boundaries
FEDEX Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
FEDEX P 405 cannot be verified against its exchange. Please verify the symbol is currently traded on Bond Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
FEDEX December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how FEDEX bond reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FEDEX shares will generate the highest return on investment. By undertsting and applying FEDEX bond market strength indicators, traders can identify FEDEX P 405 entry and exit signals to maximize returns
FEDEX Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for FEDEX's price direction in advance. Along with the technical and fundamental analysis of FEDEX Bond historical price patterns, it is also worthwhile for investors to track various predictive indicators of FEDEX to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0184 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.66) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0882 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in FEDEX Bond
FEDEX financial ratios help investors to determine whether FEDEX 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 FEDEX with respect to the benefits of owning FEDEX security.