CMS 265 15 AUG 52 Market Value
| 210518DN3 | 62.15 1.53 2.40% |
| Symbol | 210518DN3 |
Please note, there is a significant difference between 210518DN3's value and its price as these two are different measures arrived at by different means. Investors typically determine if 210518DN3 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 210518DN3'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.
210518DN3 '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 210518DN3'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 210518DN3.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in 210518DN3 on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding CMS 265 15 AUG 52 or generate 0.0% return on investment in 210518DN3 over 30 days. 210518DN3 is related to or competes with Merit Medical, Alvotech, Sonida Senior, PennantPark Floating, Getty Images, Zedge, and RadNet. More
210518DN3 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 210518DN3'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 CMS 265 15 AUG 52 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.21 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 8.92 | |||
| Value At Risk | (2.13) | |||
| Potential Upside | 1.83 |
210518DN3 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 210518DN3's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 210518DN3's standard deviation. In reality, there are many statistical measures that can use 210518DN3 historical prices to predict the future 210518DN3's volatility.| Risk Adjusted Performance | 0.0272 | |||
| Jensen Alpha | 0.0763 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | (0.08) |
CMS 265 15 Backtested Returns
CMS 265 15 secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the bond had a -0.13% return per unit of risk over the last 3 months. CMS 265 15 AUG 52 exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 210518DN3's Mean Deviation of 0.9894, risk adjusted performance of 0.0272, and Downside Deviation of 1.21 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.38, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning 210518DN3 are expected to decrease at a much lower rate. During the bear market, 210518DN3 is likely to outperform the market.
Auto-correlation | -0.15 |
Insignificant reverse predictability
CMS 265 15 AUG 52 has insignificant reverse predictability. Overlapping area represents the amount of predictability between 210518DN3 time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 CMS 265 15 price movement. The serial correlation of -0.15 indicates that less than 15.0% of current 210518DN3 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | -0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.2 |
CMS 265 15 lagged returns against current returns
Autocorrelation, which is 210518DN3 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 210518DN3's bond expected returns. We can calculate the autocorrelation of 210518DN3 returns to help us make a trade decision. For example, suppose you find that 210518DN3 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 |
210518DN3 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 210518DN3 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 210518DN3 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 210518DN3 bond over time.
Current vs Lagged Prices |
| Timeline |
210518DN3 Lagged Returns
When evaluating 210518DN3's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 210518DN3 bond have on its future price. 210518DN3 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, 210518DN3 autocorrelation shows the relationship between 210518DN3 bond current value and its past values and can show if there is a momentum factor associated with investing in CMS 265 15 AUG 52.
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 210518DN3 Bond
210518DN3 financial ratios help investors to determine whether 210518DN3 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 210518DN3 with respect to the benefits of owning 210518DN3 security.