CHENIERE ENERGY PARTNERS Market Value
| 16411QAG6 | 97.02 0.30 0.31% |
| Symbol | CHENIERE |
CHENIERE '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 CHENIERE'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 CHENIERE.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in CHENIERE on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding CHENIERE ENERGY PARTNERS or generate 0.0% return on investment in CHENIERE over 30 days. CHENIERE is related to or competes with Coca Cola, JPMorgan Chase, Dupont De, Alcoa Corp, Boeing, Microsoft, and Procter Gamble. More
CHENIERE 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 CHENIERE'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 CHENIERE ENERGY PARTNERS upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 13.58 | |||
| Value At Risk | (1.22) | |||
| Potential Upside | 2.93 |
CHENIERE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CHENIERE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CHENIERE's standard deviation. In reality, there are many statistical measures that can use CHENIERE historical prices to predict the future CHENIERE's volatility.| Risk Adjusted Performance | 0.0029 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | (0.35) |
CHENIERE ENERGY PARTNERS Backtested Returns
CHENIERE ENERGY PARTNERS secures Sharpe Ratio (or Efficiency) of -0.0884, which signifies that the bond had a -0.0884% return per unit of risk over the last 3 months. CHENIERE ENERGY PARTNERS exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CHENIERE's Standard Deviation of 1.9, mean deviation of 0.8152, and Risk Adjusted Performance of 0.0029 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of 0.0501, which signifies not very significant fluctuations relative to the market. As returns on the market increase, CHENIERE's returns are expected to increase less than the market. However, during the bear market, the loss of holding CHENIERE is expected to be smaller as well.
Auto-correlation | 0.03 |
Virtually no predictability
CHENIERE ENERGY PARTNERS has virtually no predictability. Overlapping area represents the amount of predictability between CHENIERE 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 CHENIERE ENERGY PARTNERS price movement. The serial correlation of 0.03 indicates that only 3.0% of current CHENIERE price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.15 |
CHENIERE ENERGY PARTNERS lagged returns against current returns
Autocorrelation, which is CHENIERE 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 CHENIERE's bond expected returns. We can calculate the autocorrelation of CHENIERE returns to help us make a trade decision. For example, suppose you find that CHENIERE 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 |
CHENIERE 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 CHENIERE bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CHENIERE bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CHENIERE bond over time.
Current vs Lagged Prices |
| Timeline |
CHENIERE Lagged Returns
When evaluating CHENIERE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CHENIERE bond have on its future price. CHENIERE 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, CHENIERE autocorrelation shows the relationship between CHENIERE bond current value and its past values and can show if there is a momentum factor associated with investing in CHENIERE ENERGY PARTNERS.
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 CHENIERE Bond
CHENIERE financial ratios help investors to determine whether CHENIERE 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 CHENIERE with respect to the benefits of owning CHENIERE security.