COF 2636 03 MAR 26 Market Value
| 14040HCM5 | 94.33 5.08 5.11% |
| Symbol | 14040HCM5 |
Please note, there is a significant difference between 14040HCM5's value and its price as these two are different measures arrived at by different means. Investors typically determine if 14040HCM5 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 14040HCM5'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.
14040HCM5 '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 14040HCM5'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 14040HCM5.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in 14040HCM5 on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding COF 2636 03 MAR 26 or generate 0.0% return on investment in 14040HCM5 over 30 days. 14040HCM5 is related to or competes with Vita Coco, Monster Beverage, Coca Cola, Vodka Brands, Treasury Wine, Royalty Management, and Constellation Brands. More
14040HCM5 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 14040HCM5'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 2636 03 MAR 26 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 9.06 | |||
| Value At Risk | (2.96) | |||
| Potential Upside | 2.64 |
14040HCM5 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 14040HCM5's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 14040HCM5's standard deviation. In reality, there are many statistical measures that can use 14040HCM5 historical prices to predict the future 14040HCM5's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | 0.6722 |
COF 2636 03 Backtested Returns
COF 2636 03 secures Sharpe Ratio (or Efficiency) of -0.0581, which signifies that the bond had a -0.0581% return per unit of price deviation over the last 3 months. COF 2636 03 MAR 26 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 14040HCM5's Risk Adjusted Performance of (0.02), variance of 2.39, and Mean Deviation of 0.7036 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.1, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 14040HCM5 are expected to decrease at a much lower rate. During the bear market, 14040HCM5 is likely to outperform the market.
Auto-correlation | -0.44 |
Modest reverse predictability
COF 2636 03 MAR 26 has modest reverse predictability. Overlapping area represents the amount of predictability between 14040HCM5 time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 2636 03 price movement. The serial correlation of -0.44 indicates that just about 44.0% of current 14040HCM5 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.44 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 2.07 |
COF 2636 03 lagged returns against current returns
Autocorrelation, which is 14040HCM5 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 14040HCM5's bond expected returns. We can calculate the autocorrelation of 14040HCM5 returns to help us make a trade decision. For example, suppose you find that 14040HCM5 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 |
14040HCM5 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 14040HCM5 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 14040HCM5 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 14040HCM5 bond over time.
Current vs Lagged Prices |
| Timeline |
14040HCM5 Lagged Returns
When evaluating 14040HCM5's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 14040HCM5 bond have on its future price. 14040HCM5 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, 14040HCM5 autocorrelation shows the relationship between 14040HCM5 bond current value and its past values and can show if there is a momentum factor associated with investing in COF 2636 03 MAR 26.
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 14040HCM5 Bond
14040HCM5 financial ratios help investors to determine whether 14040HCM5 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 14040HCM5 with respect to the benefits of owning 14040HCM5 security.