CVR ENERGY INC Market Value
| 12662PAD0 | 88.68 5.89 6.23% |
| Symbol | 12662PAD0 |
12662PAD0 '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 12662PAD0'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 12662PAD0.
| 01/02/2025 |
| 02/01/2025 |
If you would invest 0.00 in 12662PAD0 on January 2, 2025 and sell it all today you would earn a total of 0.00 from holding CVR ENERGY INC or generate 0.0% return on investment in 12662PAD0 over 30 days. 12662PAD0 is related to or competes with PennantPark Floating, Nasdaq, Univest Pennsylvania, Commonwealth Bank, CECO Environmental, and United States. More
12662PAD0 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 12662PAD0'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 CVR ENERGY INC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 11.11 | |||
| Value At Risk | (1.78) | |||
| Potential Upside | 1.5 |
12662PAD0 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 12662PAD0's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 12662PAD0's standard deviation. In reality, there are many statistical measures that can use 12662PAD0 historical prices to predict the future 12662PAD0's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (2.85) |
CVR ENERGY INC Backtested Returns
At this point, 12662PAD0 is very steady. CVR ENERGY INC secures Sharpe Ratio (or Efficiency) of 0.0372, which signifies that the bond had a 0.0372 % return per unit of risk over the last 3 months. We have found twenty-one technical indicators for CVR ENERGY INC, which you can use to evaluate the volatility of the entity. Please confirm 12662PAD0's Mean Deviation of 0.8382, risk adjusted performance of (0.02), and Standard Deviation of 1.55 to double-check if the risk estimate we provide is consistent with the expected return of 0.0484%. The bond shows a Beta (market volatility) of 0.0203, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 12662PAD0's returns are expected to increase less than the market. However, during the bear market, the loss of holding 12662PAD0 is expected to be smaller as well.
Auto-correlation | -0.62 |
Very good reverse predictability
CVR ENERGY INC has very good reverse predictability. Overlapping area represents the amount of predictability between 12662PAD0 time series from 2nd of January 2025 to 17th of January 2025 and 17th of January 2025 to 1st of February 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 CVR ENERGY INC price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current 12662PAD0 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.62 | |
| Spearman Rank Test | -0.87 | |
| Residual Average | 0.0 | |
| Price Variance | 3.38 |
CVR ENERGY INC lagged returns against current returns
Autocorrelation, which is 12662PAD0 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 12662PAD0's bond expected returns. We can calculate the autocorrelation of 12662PAD0 returns to help us make a trade decision. For example, suppose you find that 12662PAD0 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 |
12662PAD0 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 12662PAD0 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 12662PAD0 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 12662PAD0 bond over time.
Current vs Lagged Prices |
| Timeline |
12662PAD0 Lagged Returns
When evaluating 12662PAD0's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 12662PAD0 bond have on its future price. 12662PAD0 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, 12662PAD0 autocorrelation shows the relationship between 12662PAD0 bond current value and its past values and can show if there is a momentum factor associated with investing in CVR ENERGY INC.
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 12662PAD0 Bond
12662PAD0 financial ratios help investors to determine whether 12662PAD0 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 12662PAD0 with respect to the benefits of owning 12662PAD0 security.