ADAPTHEALTH LLC 6125 Market Value
| 00653VAA9 | 93.01 6.70 6.72% |
| Symbol | ADAPTHEALTH |
ADAPTHEALTH '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 ADAPTHEALTH'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 ADAPTHEALTH.
| 03/12/2023 |
| 03/01/2025 |
If you would invest 0.00 in ADAPTHEALTH on March 12, 2023 and sell it all today you would earn a total of 0.00 from holding ADAPTHEALTH LLC 6125 or generate 0.0% return on investment in ADAPTHEALTH over 720 days. ADAPTHEALTH is related to or competes with International Consolidated, Shelf Drilling, Alaska Air, Delek Drilling, Global Crossing, United Airlines, and Air Transport. More
ADAPTHEALTH 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 ADAPTHEALTH'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 ADAPTHEALTH LLC 6125 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 5.88 | |||
| Value At Risk | (0.69) | |||
| Potential Upside | 0.5687 |
ADAPTHEALTH Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ADAPTHEALTH's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ADAPTHEALTH's standard deviation. In reality, there are many statistical measures that can use ADAPTHEALTH historical prices to predict the future ADAPTHEALTH's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | 10.37 |
ADAPTHEALTH LLC 6125 Backtested Returns
ADAPTHEALTH LLC 6125 retains Efficiency (Sharpe Ratio) of -0.11, which signifies that the bond had a -0.11 % return per unit of risk over the last 3 months. ADAPTHEALTH exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ADAPTHEALTH's variance of 0.5208, and Market Risk Adjusted Performance of 10.38 to double-check the risk estimate we provide. The bond owns a Beta (Systematic Risk) of -0.0083, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ADAPTHEALTH are expected to decrease at a much lower rate. During the bear market, ADAPTHEALTH is likely to outperform the market.
Auto-correlation | -0.07 |
Very weak reverse predictability
ADAPTHEALTH LLC 6125 has very weak reverse predictability. Overlapping area represents the amount of predictability between ADAPTHEALTH time series from 12th of March 2023 to 6th of March 2024 and 6th of March 2024 to 1st of March 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 ADAPTHEALTH LLC 6125 price movement. The serial correlation of -0.07 indicates that barely 7.0% of current ADAPTHEALTH price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 5.07 |
ADAPTHEALTH LLC 6125 lagged returns against current returns
Autocorrelation, which is ADAPTHEALTH 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 ADAPTHEALTH's bond expected returns. We can calculate the autocorrelation of ADAPTHEALTH returns to help us make a trade decision. For example, suppose you find that ADAPTHEALTH 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 |
ADAPTHEALTH 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 ADAPTHEALTH bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ADAPTHEALTH bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ADAPTHEALTH bond over time.
Current vs Lagged Prices |
| Timeline |
ADAPTHEALTH Lagged Returns
When evaluating ADAPTHEALTH's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ADAPTHEALTH bond have on its future price. ADAPTHEALTH 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, ADAPTHEALTH autocorrelation shows the relationship between ADAPTHEALTH bond current value and its past values and can show if there is a momentum factor associated with investing in ADAPTHEALTH LLC 6125.
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 ADAPTHEALTH Bond
ADAPTHEALTH financial ratios help investors to determine whether ADAPTHEALTH 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 ADAPTHEALTH with respect to the benefits of owning ADAPTHEALTH security.