AAPL 12 08 FEB 28 Market Value
| 037833EC0 | 91.34 0.39 0.43% |
| Symbol | 037833EC0 |
Please note, there is a significant difference between 037833EC0's value and its price as these two are different measures arrived at by different means. Investors typically determine if 037833EC0 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 037833EC0's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
037833EC0 '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 037833EC0'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 037833EC0.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in 037833EC0 on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding AAPL 12 08 FEB 28 or generate 0.0% return on investment in 037833EC0 over 30 days. 037833EC0 is related to or competes with Eastman Chemical, Wendys, Bt Brands, Hawkins, Codexis, Dennys Corp, and Sensient Technologies. More
037833EC0 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 037833EC0'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 AAPL 12 08 FEB 28 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1986 | |||
| Information Ratio | (0.70) | |||
| Maximum Drawdown | 0.924 | |||
| Value At Risk | (0.26) | |||
| Potential Upside | 0.3067 |
037833EC0 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 037833EC0's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 037833EC0's standard deviation. In reality, there are many statistical measures that can use 037833EC0 historical prices to predict the future 037833EC0's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.69) | |||
| Treynor Ratio | 0.3503 |
AAPL 12 08 Backtested Returns
At this point, 037833EC0 is very steady. AAPL 12 08 secures Sharpe Ratio (or Efficiency) of 0.0055, which signifies that the bond had a 0.0055% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for AAPL 12 08 FEB 28, which you can use to evaluate the volatility of the entity. Please confirm 037833EC0's Standard Deviation of 0.1938, mean deviation of 0.1487, and Coefficient Of Variation of 18177.68 to double-check if the risk estimate we provide is consistent with the expected return of 0.0011%. The entity shows a Beta (market volatility) of -0.0255, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 037833EC0 are expected to decrease at a much lower rate. During the bear market, 037833EC0 is likely to outperform the market.
Auto-correlation | -0.34 |
Poor reverse predictability
AAPL 12 08 FEB 28 has poor reverse predictability. Overlapping area represents the amount of predictability between 037833EC0 time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st of December 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 AAPL 12 08 price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current 037833EC0 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.27 |
AAPL 12 08 lagged returns against current returns
Autocorrelation, which is 037833EC0 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 037833EC0's bond expected returns. We can calculate the autocorrelation of 037833EC0 returns to help us make a trade decision. For example, suppose you find that 037833EC0 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 |
037833EC0 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 037833EC0 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 037833EC0 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 037833EC0 bond over time.
Current vs Lagged Prices |
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037833EC0 Lagged Returns
When evaluating 037833EC0's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 037833EC0 bond have on its future price. 037833EC0 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, 037833EC0 autocorrelation shows the relationship between 037833EC0 bond current value and its past values and can show if there is a momentum factor associated with investing in AAPL 12 08 FEB 28.
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 037833EC0 Bond
037833EC0 financial ratios help investors to determine whether 037833EC0 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 037833EC0 with respect to the benefits of owning 037833EC0 security.