Boeing Cdr Stock Market Value
| BA Stock | 30.95 0.94 3.13% |
| Symbol | BOEING |
BOEING CDR '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 BOEING CDR'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 BOEING CDR.
| 11/02/2024 |
| 01/31/2025 |
If you would invest 0.00 in BOEING CDR on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding BOEING CDR or generate 0.0% return on investment in BOEING CDR over 90 days. BOEING CDR is related to or competes with Gamehost, Calian Technologies, Dream Office, Hemisphere Energy, Quipt Home, Micron Technology,, and Sparx Technology. More
BOEING CDR 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 BOEING CDR'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 BOEING CDR upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.76 | |||
| Information Ratio | 0.0815 | |||
| Maximum Drawdown | 6.86 | |||
| Value At Risk | (2.49) | |||
| Potential Upside | 2.63 |
BOEING CDR Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BOEING CDR's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BOEING CDR's standard deviation. In reality, there are many statistical measures that can use BOEING CDR historical prices to predict the future BOEING CDR's volatility.| Risk Adjusted Performance | 0.1216 | |||
| Jensen Alpha | 0.231 | |||
| Total Risk Alpha | 0.0449 | |||
| Sortino Ratio | 0.0799 | |||
| Treynor Ratio | (42.68) |
BOEING CDR Backtested Returns
BOEING CDR appears to be very steady, given 3 months investment horizon. BOEING CDR secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14 % return per unit of risk over the last 3 months. We have found thirty technical indicators for BOEING CDR, which you can use to evaluate the volatility of the firm. Please makes use of BOEING CDR's Risk Adjusted Performance of 0.1216, downside deviation of 1.76, and Mean Deviation of 1.39 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, BOEING CDR holds a performance score of 10. The firm shows a Beta (market volatility) of -0.0054, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning BOEING CDR are expected to decrease at a much lower rate. During the bear market, BOEING CDR is likely to outperform the market. Please check BOEING CDR's semi deviation, jensen alpha, maximum drawdown, as well as the relationship between the coefficient of variation and sortino ratio , to make a quick decision on whether BOEING CDR's price patterns will revert.
Auto-correlation | 0.17 |
Very weak predictability
BOEING CDR has very weak predictability. Overlapping area represents the amount of predictability between BOEING CDR time series from 2nd of November 2024 to 17th of December 2024 and 17th of December 2024 to 31st of January 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 BOEING CDR price movement. The serial correlation of 0.17 indicates that over 17.0% of current BOEING CDR price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.41 |
BOEING CDR lagged returns against current returns
Autocorrelation, which is BOEING CDR 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 BOEING CDR's stock expected returns. We can calculate the autocorrelation of BOEING CDR returns to help us make a trade decision. For example, suppose you find that BOEING CDR 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 |
BOEING CDR 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 BOEING CDR stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BOEING CDR stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BOEING CDR stock over time.
Current vs Lagged Prices |
| Timeline |
BOEING CDR Lagged Returns
When evaluating BOEING CDR's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BOEING CDR stock have on its future price. BOEING CDR 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, BOEING CDR autocorrelation shows the relationship between BOEING CDR stock current value and its past values and can show if there is a momentum factor associated with investing in BOEING CDR.
Regressed Prices |
| Timeline |
Pair Trading with BOEING CDR
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BOEING CDR position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BOEING CDR will appreciate offsetting losses from the drop in the long position's value.Moving against BOEING Stock
The ability to find closely correlated positions to BOEING CDR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BOEING CDR when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BOEING CDR - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BOEING CDR to buy it.
The correlation of BOEING CDR is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BOEING CDR moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BOEING CDR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BOEING CDR can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in BOEING Stock
BOEING CDR financial ratios help investors to determine whether BOEING 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 BOEING with respect to the benefits of owning BOEING CDR security.