COF 2618 02 NOV 32 Market Value
| 14040HCJ2 | 83.79 0.18 0.22% |
| Symbol | 14040HCJ2 |
Please note, there is a significant difference between 14040HCJ2's value and its price as these two are different measures arrived at by different means. Investors typically determine if 14040HCJ2 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 14040HCJ2'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.
14040HCJ2 '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 14040HCJ2'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 14040HCJ2.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in 14040HCJ2 on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding COF 2618 02 NOV 32 or generate 0.0% return on investment in 14040HCJ2 over 30 days. 14040HCJ2 is related to or competes with Park Ohio, Taiwan Semiconductor, Amkor Technology, ON Semiconductor, and Jacobs Solutions. More
14040HCJ2 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 14040HCJ2'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 COF 2618 02 NOV 32 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.1 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 7.25 | |||
| Value At Risk | (0.98) | |||
| Potential Upside | 0.9667 |
14040HCJ2 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 14040HCJ2's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 14040HCJ2's standard deviation. In reality, there are many statistical measures that can use 14040HCJ2 historical prices to predict the future 14040HCJ2's volatility.| Risk Adjusted Performance | 0.0203 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.0536 |
COF 2618 02 Backtested Returns
COF 2618 02 secures Sharpe Ratio (or Efficiency) of -0.0251, which signifies that the bond had a -0.0251% return per unit of price deviation over the last 3 months. COF 2618 02 NOV 32 exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 14040HCJ2's Risk Adjusted Performance of 0.0203, coefficient of variation of 4572.74, and Mean Deviation of 0.5794 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of 0.3, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 14040HCJ2's returns are expected to increase less than the market. However, during the bear market, the loss of holding 14040HCJ2 is expected to be smaller as well.
Auto-correlation | 0.54 |
Modest predictability
COF 2618 02 NOV 32 has modest predictability. Overlapping area represents the amount of predictability between 14040HCJ2 time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 COF 2618 02 price movement. The serial correlation of 0.54 indicates that about 54.0% of current 14040HCJ2 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
COF 2618 02 lagged returns against current returns
Autocorrelation, which is 14040HCJ2 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 14040HCJ2's bond expected returns. We can calculate the autocorrelation of 14040HCJ2 returns to help us make a trade decision. For example, suppose you find that 14040HCJ2 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 |
14040HCJ2 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 14040HCJ2 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 14040HCJ2 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 14040HCJ2 bond over time.
Current vs Lagged Prices |
| Timeline |
14040HCJ2 Lagged Returns
When evaluating 14040HCJ2's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 14040HCJ2 bond have on its future price. 14040HCJ2 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, 14040HCJ2 autocorrelation shows the relationship between 14040HCJ2 bond current value and its past values and can show if there is a momentum factor associated with investing in COF 2618 02 NOV 32.
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 14040HCJ2 Bond
14040HCJ2 financial ratios help investors to determine whether 14040HCJ2 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 14040HCJ2 with respect to the benefits of owning 14040HCJ2 security.