COSTCO WHOLESALE PORATION Market Value
| 22160KAQ8 | 85.15 3.33 4.07% |
| Symbol | COSTCO |
COSTCO '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 COSTCO'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 COSTCO.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in COSTCO on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding COSTCO WHOLESALE PORATION or generate 0.0% return on investment in COSTCO over 30 days. COSTCO is related to or competes with Coca Cola, JPMorgan Chase, Dupont De, Alcoa Corp, Boeing, Microsoft, and Procter Gamble. More
COSTCO 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 COSTCO'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 COSTCO WHOLESALE PORATION upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.64 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 12.98 | |||
| Value At Risk | (2.65) | |||
| Potential Upside | 3.04 |
COSTCO Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for COSTCO's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as COSTCO's standard deviation. In reality, there are many statistical measures that can use COSTCO historical prices to predict the future COSTCO's volatility.| Risk Adjusted Performance | 0.012 | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.0062 |
COSTCO WHOLESALE PORATION Backtested Returns
At this point, COSTCO is very steady. COSTCO WHOLESALE PORATION secures Sharpe Ratio (or Efficiency) of 0.0305, which signifies that the bond had a 0.0305% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for COSTCO WHOLESALE PORATION, which you can use to evaluate the volatility of the entity. Please confirm COSTCO's mean deviation of 0.9606, and Risk Adjusted Performance of 0.012 to double-check if the risk estimate we provide is consistent with the expected return of 0.0202%. The bond shows a Beta (market volatility) of 0.75, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, COSTCO's returns are expected to increase less than the market. However, during the bear market, the loss of holding COSTCO is expected to be smaller as well.
Auto-correlation | 0.39 |
Below average predictability
COSTCO WHOLESALE PORATION has below average predictability. Overlapping area represents the amount of predictability between COSTCO time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 COSTCO WHOLESALE PORATION price movement. The serial correlation of 0.39 indicates that just about 39.0% of current COSTCO price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 1.03 |
COSTCO WHOLESALE PORATION lagged returns against current returns
Autocorrelation, which is COSTCO 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 COSTCO's bond expected returns. We can calculate the autocorrelation of COSTCO returns to help us make a trade decision. For example, suppose you find that COSTCO 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 |
COSTCO 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 COSTCO bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if COSTCO bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in COSTCO bond over time.
Current vs Lagged Prices |
| Timeline |
COSTCO Lagged Returns
When evaluating COSTCO's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of COSTCO bond have on its future price. COSTCO 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, COSTCO autocorrelation shows the relationship between COSTCO bond current value and its past values and can show if there is a momentum factor associated with investing in COSTCO WHOLESALE PORATION.
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 COSTCO Bond
COSTCO financial ratios help investors to determine whether COSTCO 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 COSTCO with respect to the benefits of owning COSTCO security.