COMMSCOPE INC 7125 Market Value
| 203372AV9 | 73.02 0.00 0.00% |
| Symbol | COMMSCOPE |
COMMSCOPE '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 COMMSCOPE'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 COMMSCOPE.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in COMMSCOPE on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding COMMSCOPE INC 7125 or generate 0.0% return on investment in COMMSCOPE over 30 days. COMMSCOPE is related to or competes with NETGEAR, Weibo Corp, Noble Plc, Freedom Internet, Western Digital, and Stratasys. More
COMMSCOPE 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 COMMSCOPE'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 COMMSCOPE INC 7125 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.56 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 9.08 | |||
| Value At Risk | (3.12) | |||
| Potential Upside | 3.25 |
COMMSCOPE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for COMMSCOPE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as COMMSCOPE's standard deviation. In reality, there are many statistical measures that can use COMMSCOPE historical prices to predict the future COMMSCOPE's volatility.| Risk Adjusted Performance | 0.0186 | |||
| Jensen Alpha | 0.0595 | |||
| Total Risk Alpha | (0.37) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.10) |
COMMSCOPE INC 7125 Backtested Returns
At this point, COMMSCOPE is very steady. COMMSCOPE INC 7125 secures Sharpe Ratio (or Efficiency) of 0.0154, which signifies that the bond had a 0.0154% return per unit of risk over the last 3 months. We have found twenty-five technical indicators for COMMSCOPE INC 7125, which you can use to evaluate the volatility of the entity. Please confirm COMMSCOPE's risk adjusted performance of 0.0186, and Mean Deviation of 1.15 to double-check if the risk estimate we provide is consistent with the expected return of 0.0368%. The bond shows a Beta (market volatility) of -0.26, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning COMMSCOPE are expected to decrease at a much lower rate. During the bear market, COMMSCOPE is likely to outperform the market.
Auto-correlation | 0.10 |
Insignificant predictability
COMMSCOPE INC 7125 has insignificant predictability. Overlapping area represents the amount of predictability between COMMSCOPE 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 COMMSCOPE INC 7125 price movement. The serial correlation of 0.1 indicates that less than 10.0% of current COMMSCOPE price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.1 | |
| Spearman Rank Test | -0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 122.24 |
COMMSCOPE INC 7125 lagged returns against current returns
Autocorrelation, which is COMMSCOPE 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 COMMSCOPE's bond expected returns. We can calculate the autocorrelation of COMMSCOPE returns to help us make a trade decision. For example, suppose you find that COMMSCOPE 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 |
COMMSCOPE 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 COMMSCOPE bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if COMMSCOPE bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in COMMSCOPE bond over time.
Current vs Lagged Prices |
| Timeline |
COMMSCOPE Lagged Returns
When evaluating COMMSCOPE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of COMMSCOPE bond have on its future price. COMMSCOPE 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, COMMSCOPE autocorrelation shows the relationship between COMMSCOPE bond current value and its past values and can show if there is a momentum factor associated with investing in COMMSCOPE INC 7125.
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 COMMSCOPE Bond
COMMSCOPE financial ratios help investors to determine whether COMMSCOPE 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 COMMSCOPE with respect to the benefits of owning COMMSCOPE security.