ATT INC 45 Market Value
| 00206RCP5 | 93.57 0.16 0.17% |
| Symbol | 00206RCP5 |
00206RCP5 '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 00206RCP5'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 00206RCP5.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in 00206RCP5 on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding ATT INC 45 or generate 0.0% return on investment in 00206RCP5 over 720 days. 00206RCP5 is related to or competes with Coca Cola, JPMorgan Chase, Dupont De, Alcoa Corp, Boeing, Microsoft, and Procter Gamble. More
00206RCP5 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 00206RCP5'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 ATT INC 45 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 16.77 | |||
| Value At Risk | (2.43) | |||
| Potential Upside | 4.28 |
00206RCP5 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 00206RCP5's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 00206RCP5's standard deviation. In reality, there are many statistical measures that can use 00206RCP5 historical prices to predict the future 00206RCP5's volatility.| Risk Adjusted Performance | 0.0021 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.31) | |||
| Treynor Ratio | 0.132 |
ATT INC 45 Backtested Returns
ATT INC 45 secures Sharpe Ratio (or Efficiency) of -0.0551, which signifies that the bond had a -0.0551% return per unit of risk over the last 3 months. ATT INC 45 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 00206RCP5's Standard Deviation of 2.19, mean deviation of 1.17, and Risk Adjusted Performance of 0.0021 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.17, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 00206RCP5 are expected to decrease at a much lower rate. During the bear market, 00206RCP5 is likely to outperform the market.
Auto-correlation | -0.65 |
Very good reverse predictability
ATT INC 45 has very good reverse predictability. Overlapping area represents the amount of predictability between 00206RCP5 time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd of November 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 ATT INC 45 price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current 00206RCP5 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.65 | |
| Spearman Rank Test | -0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 4.32 |
ATT INC 45 lagged returns against current returns
Autocorrelation, which is 00206RCP5 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 00206RCP5's bond expected returns. We can calculate the autocorrelation of 00206RCP5 returns to help us make a trade decision. For example, suppose you find that 00206RCP5 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 |
00206RCP5 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 00206RCP5 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 00206RCP5 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 00206RCP5 bond over time.
Current vs Lagged Prices |
| Timeline |
00206RCP5 Lagged Returns
When evaluating 00206RCP5's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 00206RCP5 bond have on its future price. 00206RCP5 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, 00206RCP5 autocorrelation shows the relationship between 00206RCP5 bond current value and its past values and can show if there is a momentum factor associated with investing in ATT INC 45.
Regressed Prices |
| Timeline |
Also Currently Popular
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 00206RCP5 Bond
00206RCP5 financial ratios help investors to determine whether 00206RCP5 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 00206RCP5 with respect to the benefits of owning 00206RCP5 security.