BP CAP MKTS Market Value
| 05565QDM7 | 90.77 6.53 6.71% |
| Symbol | 05565QDM7 |
05565QDM7 '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 05565QDM7'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 05565QDM7.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in 05565QDM7 on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding BP CAP MKTS or generate 0.0% return on investment in 05565QDM7 over 30 days. 05565QDM7 is related to or competes with Vodka Brands, Primo Brands, Playtika Holding, Willamette Valley, SNDL, and JD Sports. More
05565QDM7 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 05565QDM7'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 BP CAP MKTS upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.29) | |||
| Maximum Drawdown | 3.15 | |||
| Value At Risk | (0.99) | |||
| Potential Upside | 0.8114 |
05565QDM7 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 05565QDM7's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 05565QDM7's standard deviation. In reality, there are many statistical measures that can use 05565QDM7 historical prices to predict the future 05565QDM7's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | 3.49 |
BP CAP MKTS Backtested Returns
BP CAP MKTS retains Efficiency (Sharpe Ratio) of -0.13, which signifies that the bond had a -0.13% return per unit of price deviation over the last 3 months. 05565QDM7 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 05565QDM7's Variance of 0.6722, information ratio of (0.29), and Market Risk Adjusted Performance of 3.5 to double-check the risk estimate we provide. The bond owns a Beta (Systematic Risk) of -0.0327, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 05565QDM7 are expected to decrease at a much lower rate. During the bear market, 05565QDM7 is likely to outperform the market.
Auto-correlation | 0.01 |
Virtually no predictability
BP CAP MKTS has virtually no predictability. Overlapping area represents the amount of predictability between 05565QDM7 time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 BP CAP MKTS price movement. The serial correlation of 0.01 indicates that just 1.0% of current 05565QDM7 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 3.74 |
BP CAP MKTS lagged returns against current returns
Autocorrelation, which is 05565QDM7 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 05565QDM7's bond expected returns. We can calculate the autocorrelation of 05565QDM7 returns to help us make a trade decision. For example, suppose you find that 05565QDM7 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 |
05565QDM7 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 05565QDM7 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 05565QDM7 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 05565QDM7 bond over time.
Current vs Lagged Prices |
| Timeline |
05565QDM7 Lagged Returns
When evaluating 05565QDM7's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 05565QDM7 bond have on its future price. 05565QDM7 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, 05565QDM7 autocorrelation shows the relationship between 05565QDM7 bond current value and its past values and can show if there is a momentum factor associated with investing in BP CAP MKTS.
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 05565QDM7 Bond
05565QDM7 financial ratios help investors to determine whether 05565QDM7 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 05565QDM7 with respect to the benefits of owning 05565QDM7 security.