CMLP 7375 01 FEB 31 Market Value
| 226373AT5 | 105.23 0.08 0.08% |
| Symbol | 226373AT5 |
Please note, there is a significant difference between 226373AT5's value and its price as these two are different measures arrived at by different means. Investors typically determine if 226373AT5 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 226373AT5'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.
226373AT5 '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 226373AT5'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 226373AT5.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in 226373AT5 on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding CMLP 7375 01 FEB 31 or generate 0.0% return on investment in 226373AT5 over 30 days. 226373AT5 is related to or competes with Paysafe, Amkor Technology, Minerals Technologies, Inhibrx, BioNTech, Analog Devices, and Evertz Technologies. More
226373AT5 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 226373AT5'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 CMLP 7375 01 FEB 31 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5597 | |||
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 3.44 | |||
| Value At Risk | (0.33) | |||
| Potential Upside | 0.3114 |
226373AT5 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 226373AT5's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 226373AT5's standard deviation. In reality, there are many statistical measures that can use 226373AT5 historical prices to predict the future 226373AT5's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.23) | |||
| Treynor Ratio | 0.2424 |
CMLP 7375 01 Backtested Returns
CMLP 7375 01 secures Sharpe Ratio (or Efficiency) of -0.19, which signifies that the bond had a -0.19% return per unit of price deviation over the last 3 months. CMLP 7375 01 FEB 31 exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 226373AT5's Mean Deviation of 0.2286, insignificant risk adjusted performance, and Coefficient Of Variation of 88666.65 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.0387, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 226373AT5 are expected to decrease at a much lower rate. During the bear market, 226373AT5 is likely to outperform the market.
Auto-correlation | 0.45 |
Average predictability
CMLP 7375 01 FEB 31 has average predictability. Overlapping area represents the amount of predictability between 226373AT5 time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 CMLP 7375 01 price movement. The serial correlation of 0.45 indicates that just about 45.0% of current 226373AT5 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.45 | |
| Spearman Rank Test | -0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
CMLP 7375 01 lagged returns against current returns
Autocorrelation, which is 226373AT5 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 226373AT5's bond expected returns. We can calculate the autocorrelation of 226373AT5 returns to help us make a trade decision. For example, suppose you find that 226373AT5 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 |
226373AT5 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 226373AT5 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 226373AT5 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 226373AT5 bond over time.
Current vs Lagged Prices |
| Timeline |
226373AT5 Lagged Returns
When evaluating 226373AT5's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 226373AT5 bond have on its future price. 226373AT5 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, 226373AT5 autocorrelation shows the relationship between 226373AT5 bond current value and its past values and can show if there is a momentum factor associated with investing in CMLP 7375 01 FEB 31.
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 226373AT5 Bond
226373AT5 financial ratios help investors to determine whether 226373AT5 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 226373AT5 with respect to the benefits of owning 226373AT5 security.