CONOCO FDG 725 Market Value
| 20825UAC8 | 110.28 3.65 3.20% |
| Symbol | CONOCO |
CONOCO '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 CONOCO'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 CONOCO.
| 01/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in CONOCO on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding CONOCO FDG 725 or generate 0.0% return on investment in CONOCO over 690 days. CONOCO is related to or competes with CAVA Group,, Texas Roadhouse, Paysafe, Allient, Analog Devices, BJs Restaurants, and First Watch. More
CONOCO 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 CONOCO'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 CONOCO FDG 725 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 3.63 | |||
| Value At Risk | (0.86) | |||
| Potential Upside | 0.712 |
CONOCO Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CONOCO's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CONOCO's standard deviation. In reality, there are many statistical measures that can use CONOCO historical prices to predict the future CONOCO's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (0.70) |
CONOCO FDG 725 Backtested Returns
CONOCO FDG 725 secures Sharpe Ratio (or Efficiency) of -0.18, which signifies that the bond had a -0.18% return per unit of risk over the last 3 months. CONOCO FDG 725 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CONOCO's risk adjusted performance of (0.05), and Mean Deviation of 0.469 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of 0.0922, which signifies not very significant fluctuations relative to the market. As returns on the market increase, CONOCO's returns are expected to increase less than the market. However, during the bear market, the loss of holding CONOCO is expected to be smaller as well.
Auto-correlation | -0.35 |
Poor reverse predictability
CONOCO FDG 725 has poor reverse predictability. Overlapping area represents the amount of predictability between CONOCO time series from 9th of January 2023 to 20th of December 2023 and 20th of December 2023 to 29th 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 CONOCO FDG 725 price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current CONOCO price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 2.37 |
CONOCO FDG 725 lagged returns against current returns
Autocorrelation, which is CONOCO 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 CONOCO's bond expected returns. We can calculate the autocorrelation of CONOCO returns to help us make a trade decision. For example, suppose you find that CONOCO 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 |
CONOCO 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 CONOCO bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CONOCO bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CONOCO bond over time.
Current vs Lagged Prices |
| Timeline |
CONOCO Lagged Returns
When evaluating CONOCO's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CONOCO bond have on its future price. CONOCO 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, CONOCO autocorrelation shows the relationship between CONOCO bond current value and its past values and can show if there is a momentum factor associated with investing in CONOCO FDG 725.
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 CONOCO Bond
CONOCO financial ratios help investors to determine whether CONOCO 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 CONOCO with respect to the benefits of owning CONOCO security.