ALLTEL P 7875 Market Value
| 020039DC4 | 109.91 0.00 0.00% |
| Symbol | ALLTEL |
ALLTEL '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 ALLTEL'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 ALLTEL.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in ALLTEL on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding ALLTEL P 7875 or generate 0.0% return on investment in ALLTEL over 30 days. ALLTEL is related to or competes with Coca Cola, JPMorgan Chase, Dupont De, Alcoa Corp, Boeing, Microsoft, and Procter Gamble. More
ALLTEL 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 ALLTEL'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 ALLTEL P 7875 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 7.1 | |||
| Value At Risk | (2.96) | |||
| Potential Upside | 2.54 |
ALLTEL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ALLTEL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ALLTEL's standard deviation. In reality, there are many statistical measures that can use ALLTEL historical prices to predict the future ALLTEL's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.31) | |||
| Treynor Ratio | 0.2679 |
ALLTEL P 7875 Backtested Returns
ALLTEL P 7875 secures Sharpe Ratio (or Efficiency) of -0.24, which signifies that the bond had a -0.24% return per unit of return volatility over the last 3 months. ALLTEL P 7875 exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ALLTEL's Mean Deviation of 1.26, risk adjusted performance of (0.01), and Coefficient Of Variation of (5,419) to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.15, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ALLTEL are expected to decrease at a much lower rate. During the bear market, ALLTEL is likely to outperform the market.
Auto-correlation | -1 |
Near perfect reversele predictability
ALLTEL P 7875 has near perfect reversele predictability. Overlapping area represents the amount of predictability between ALLTEL time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 ALLTEL P 7875 price movement. The serial correlation of -1.0 indicates that 100.0% of current ALLTEL price fluctuation can be explain by its past prices.
| Correlation Coefficient | -1.0 | |
| Spearman Rank Test | -1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
ALLTEL P 7875 lagged returns against current returns
Autocorrelation, which is ALLTEL 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 ALLTEL's bond expected returns. We can calculate the autocorrelation of ALLTEL returns to help us make a trade decision. For example, suppose you find that ALLTEL 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 |
ALLTEL 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 ALLTEL bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ALLTEL bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ALLTEL bond over time.
Current vs Lagged Prices |
| Timeline |
ALLTEL Lagged Returns
When evaluating ALLTEL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ALLTEL bond have on its future price. ALLTEL 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, ALLTEL autocorrelation shows the relationship between ALLTEL bond current value and its past values and can show if there is a momentum factor associated with investing in ALLTEL P 7875.
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 ALLTEL Bond
ALLTEL financial ratios help investors to determine whether ALLTEL 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 ALLTEL with respect to the benefits of owning ALLTEL security.