CCEP 15 15 JAN 27 Market Value
| 19123MAF0 | 90.41 3.05 3.26% |
| Symbol | 19123MAF0 |
Please note, there is a significant difference between 19123MAF0's value and its price as these two are different measures arrived at by different means. Investors typically determine if 19123MAF0 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 19123MAF0'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.
19123MAF0 '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 19123MAF0'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 19123MAF0.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in 19123MAF0 on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding CCEP 15 15 JAN 27 or generate 0.0% return on investment in 19123MAF0 over 30 days. 19123MAF0 is related to or competes with JetBlue Airways, Pearson PLC, Universal Technical, Copa Holdings, and Alaska Air. More
19123MAF0 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 19123MAF0'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 CCEP 15 15 JAN 27 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6679 | |||
| Information Ratio | (0.27) | |||
| Maximum Drawdown | 1.85 | |||
| Value At Risk | (0.50) | |||
| Potential Upside | 0.5494 |
19123MAF0 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 19123MAF0's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 19123MAF0's standard deviation. In reality, there are many statistical measures that can use 19123MAF0 historical prices to predict the future 19123MAF0's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | 0.0041 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.21) | |||
| Treynor Ratio | 0.0895 |
CCEP 15 15 Backtested Returns
CCEP 15 15 secures Sharpe Ratio (or Efficiency) of -0.16, which signifies that the bond had a -0.16% return per unit of price deviation over the last 3 months. CCEP 15 15 JAN 27 exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 19123MAF0's Coefficient Of Variation of 115868.26, mean deviation of 0.25, and Standard Deviation of 0.5052 to double-check the risk estimate we provide. The entity shows a Beta (market volatility) of -0.11, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 19123MAF0 are expected to decrease at a much lower rate. During the bear market, 19123MAF0 is likely to outperform the market.
Auto-correlation | 0.77 |
Good predictability
CCEP 15 15 JAN 27 has good predictability. Overlapping area represents the amount of predictability between 19123MAF0 time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 CCEP 15 15 price movement. The serial correlation of 0.77 indicates that around 77.0% of current 19123MAF0 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.77 | |
| Spearman Rank Test | 0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 1.79 |
CCEP 15 15 lagged returns against current returns
Autocorrelation, which is 19123MAF0 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 19123MAF0's bond expected returns. We can calculate the autocorrelation of 19123MAF0 returns to help us make a trade decision. For example, suppose you find that 19123MAF0 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 |
19123MAF0 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 19123MAF0 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 19123MAF0 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 19123MAF0 bond over time.
Current vs Lagged Prices |
| Timeline |
19123MAF0 Lagged Returns
When evaluating 19123MAF0's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 19123MAF0 bond have on its future price. 19123MAF0 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, 19123MAF0 autocorrelation shows the relationship between 19123MAF0 bond current value and its past values and can show if there is a momentum factor associated with investing in CCEP 15 15 JAN 27.
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 19123MAF0 Bond
19123MAF0 financial ratios help investors to determine whether 19123MAF0 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 19123MAF0 with respect to the benefits of owning 19123MAF0 security.