CHUBB P 6 Market Value
| 171232AQ4 | 112.88 4.18 3.85% |
| Symbol | CHUBB |
CHUBB '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 CHUBB'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 CHUBB.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in CHUBB on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding CHUBB P 6 or generate 0.0% return on investment in CHUBB over 30 days. CHUBB is related to or competes with Perseus Mining, Definitive Healthcare, Zijin Mining, Getty Images, and Vindicator Silver. More
CHUBB 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 CHUBB'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 CHUBB P 6 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5564 | |||
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 2.86 | |||
| Value At Risk | (1.11) | |||
| Potential Upside | 1.17 |
CHUBB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CHUBB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CHUBB's standard deviation. In reality, there are many statistical measures that can use CHUBB historical prices to predict the future CHUBB's volatility.| Risk Adjusted Performance | 0.0522 | |||
| Jensen Alpha | 0.0248 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.16) | |||
| Treynor Ratio | 0.3808 |
CHUBB P 6 Backtested Returns
At this point, CHUBB is very steady. CHUBB P 6 secures Sharpe Ratio (or Efficiency) of 0.0469, which signifies that the bond had a 0.0469% return per unit of volatility over the last 3 months. We have found twenty-seven technical indicators for CHUBB P 6, which you can use to evaluate the volatility of the entity. Please confirm CHUBB's mean deviation of 0.5218, and Risk Adjusted Performance of 0.0522 to double-check if the risk estimate we provide is consistent with the expected return of 0.0391%. The bond shows a Beta (market volatility) of 0.0981, which signifies not very significant fluctuations relative to the market. As returns on the market increase, CHUBB's returns are expected to increase less than the market. However, during the bear market, the loss of holding CHUBB is expected to be smaller as well.
Auto-correlation | -0.55 |
Good reverse predictability
CHUBB P 6 has good reverse predictability. Overlapping area represents the amount of predictability between CHUBB time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st of December 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 CHUBB P 6 price movement. The serial correlation of -0.55 indicates that about 55.0% of current CHUBB price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.55 | |
| Spearman Rank Test | -0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 3.35 |
CHUBB P 6 lagged returns against current returns
Autocorrelation, which is CHUBB 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 CHUBB's bond expected returns. We can calculate the autocorrelation of CHUBB returns to help us make a trade decision. For example, suppose you find that CHUBB 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 |
CHUBB 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 CHUBB bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CHUBB bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CHUBB bond over time.
Current vs Lagged Prices |
| Timeline |
CHUBB Lagged Returns
When evaluating CHUBB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CHUBB bond have on its future price. CHUBB 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, CHUBB autocorrelation shows the relationship between CHUBB bond current value and its past values and can show if there is a momentum factor associated with investing in CHUBB P 6.
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 CHUBB Bond
CHUBB financial ratios help investors to determine whether CHUBB 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 CHUBB with respect to the benefits of owning CHUBB security.