CMCSA 2937 01 NOV 56 Market Value
| 20030NDU2 | 64.08 1.21 1.92% |
| Symbol | CMCSA |
Please note, there is a significant difference between CMCSA's value and its price as these two are different measures arrived at by different means. Investors typically determine if CMCSA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CMCSA'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.
CMCSA '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 CMCSA'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 CMCSA.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in CMCSA on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding CMCSA 2937 01 NOV 56 or generate 0.0% return on investment in CMCSA over 180 days. CMCSA is related to or competes with U Power, Cars, Gentex, Apogee Enterprises, Ultra Clean, GMS, and BRP. More
CMCSA 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 CMCSA'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 CMCSA 2937 01 NOV 56 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.84 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 31.93 | |||
| Value At Risk | (2.26) | |||
| Potential Upside | 6.22 |
CMCSA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CMCSA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CMCSA's standard deviation. In reality, there are many statistical measures that can use CMCSA historical prices to predict the future CMCSA's volatility.| Risk Adjusted Performance | 0.0116 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.62) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0347 |
CMCSA 2937 01 Backtested Returns
At this point, CMCSA is very steady. CMCSA 2937 01 retains Efficiency (Sharpe Ratio) of 0.0062, which signifies that the bond had a 0.0062% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for CMCSA, which you can use to evaluate the volatility of the entity. Please confirm CMCSA's market risk adjusted performance of 0.0447, and Coefficient Of Variation of 20932.06 to double-check if the risk estimate we provide is consistent with the expected return of 0.0058%. The bond owns a Beta (Systematic Risk) of 0.23, which signifies not very significant fluctuations relative to the market. As returns on the market increase, CMCSA's returns are expected to increase less than the market. However, during the bear market, the loss of holding CMCSA is expected to be smaller as well.
Auto-correlation | -0.63 |
Very good reverse predictability
CMCSA 2937 01 NOV 56 has very good reverse predictability. Overlapping area represents the amount of predictability between CMCSA time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd 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 CMCSA 2937 01 price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current CMCSA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 3.7 |
CMCSA 2937 01 lagged returns against current returns
Autocorrelation, which is CMCSA 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 CMCSA's bond expected returns. We can calculate the autocorrelation of CMCSA returns to help us make a trade decision. For example, suppose you find that CMCSA 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 |
CMCSA 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 CMCSA bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CMCSA bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CMCSA bond over time.
Current vs Lagged Prices |
| Timeline |
CMCSA Lagged Returns
When evaluating CMCSA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CMCSA bond have on its future price. CMCSA 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, CMCSA autocorrelation shows the relationship between CMCSA bond current value and its past values and can show if there is a momentum factor associated with investing in CMCSA 2937 01 NOV 56.
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 CMCSA Bond
CMCSA financial ratios help investors to determine whether CMCSA 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 CMCSA with respect to the benefits of owning CMCSA security.