COOPERATIEVE CENTRALE RAIFFEISEN Market Value
| 21688AAE2 | 97.12 2.39 2.40% |
| Symbol | COOPERATIEVE |
COOPERATIEVE '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 COOPERATIEVE'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 COOPERATIEVE.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in COOPERATIEVE on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding COOPERATIEVE CENTRALE RAIFFEISEN or generate 0.0% return on investment in COOPERATIEVE over 30 days. COOPERATIEVE is related to or competes with Diamond Estates, Empresa Distribuidora, Celsius Holdings, Vodka Brands, NRG Energy, Southwest Gas, and Monster Beverage. Rabobank, N.A. is the primary US subsidiary of Netherlands-based Rabobank Group More
COOPERATIEVE 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 COOPERATIEVE'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 COOPERATIEVE CENTRALE RAIFFEISEN upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.61) | |||
| Maximum Drawdown | 1.69 | |||
| Value At Risk | (0.12) | |||
| Potential Upside | 0.1413 |
COOPERATIEVE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for COOPERATIEVE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as COOPERATIEVE's standard deviation. In reality, there are many statistical measures that can use COOPERATIEVE historical prices to predict the future COOPERATIEVE's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | (1.19) |
COOPERATIEVE CENTRALE Backtested Returns
COOPERATIEVE CENTRALE secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the bond had a -0.15% return per unit of risk over the last 3 months. COOPERATIEVE CENTRALE RAIFFEISEN exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm COOPERATIEVE's mean deviation of 0.0987, and Risk Adjusted Performance of (0.07) to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of 0.0222, which signifies not very significant fluctuations relative to the market. As returns on the market increase, COOPERATIEVE's returns are expected to increase less than the market. However, during the bear market, the loss of holding COOPERATIEVE is expected to be smaller as well.
Auto-correlation | -0.86 |
Excellent reverse predictability
COOPERATIEVE CENTRALE RAIFFEISEN has excellent reverse predictability. Overlapping area represents the amount of predictability between COOPERATIEVE time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 COOPERATIEVE CENTRALE price movement. The serial correlation of -0.86 indicates that approximately 86.0% of current COOPERATIEVE price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.86 | |
| Spearman Rank Test | -0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.9 |
COOPERATIEVE CENTRALE lagged returns against current returns
Autocorrelation, which is COOPERATIEVE 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 COOPERATIEVE's bond expected returns. We can calculate the autocorrelation of COOPERATIEVE returns to help us make a trade decision. For example, suppose you find that COOPERATIEVE 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 |
COOPERATIEVE 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 COOPERATIEVE bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if COOPERATIEVE bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in COOPERATIEVE bond over time.
Current vs Lagged Prices |
| Timeline |
COOPERATIEVE Lagged Returns
When evaluating COOPERATIEVE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of COOPERATIEVE bond have on its future price. COOPERATIEVE 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, COOPERATIEVE autocorrelation shows the relationship between COOPERATIEVE bond current value and its past values and can show if there is a momentum factor associated with investing in COOPERATIEVE CENTRALE RAIFFEISEN.
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 COOPERATIEVE Bond
COOPERATIEVE financial ratios help investors to determine whether COOPERATIEVE 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 COOPERATIEVE with respect to the benefits of owning COOPERATIEVE security.