DTRGR 365 07 APR 27 Market Value
| 233853AM2 | 97.26 0.00 0.00% |
| Symbol | DTRGR |
Please note, there is a significant difference between DTRGR's value and its price as these two are different measures arrived at by different means. Investors typically determine if DTRGR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DTRGR'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.
DTRGR '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 DTRGR'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 DTRGR.
| 06/10/2023 |
| 12/01/2024 |
If you would invest 0.00 in DTRGR on June 10, 2023 and sell it all today you would earn a total of 0.00 from holding DTRGR 365 07 APR 27 or generate 0.0% return on investment in DTRGR over 540 days. DTRGR is related to or competes with Avient Corp, CF Industries, Jeld Wen, Tencent Music, Ecovyst, and Summit Materials. More
DTRGR 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 DTRGR'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 DTRGR 365 07 APR 27 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.86) | |||
| Maximum Drawdown | 0.9562 | |||
| Value At Risk | (0.32) | |||
| Potential Upside | 0.3186 |
DTRGR Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DTRGR's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DTRGR's standard deviation. In reality, there are many statistical measures that can use DTRGR historical prices to predict the future DTRGR's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | (3.71) |
DTRGR 365 07 Backtested Returns
DTRGR 365 07 secures Sharpe Ratio (or Efficiency) of -0.11, which denotes the bond had a -0.11% return per unit of volatility over the last 3 months. DTRGR 365 07 APR 27 exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DTRGR's Standard Deviation of 0.1843, mean deviation of 0.132, and Market Risk Adjusted Performance of (3.70) to check the risk estimate we provide. The bond shows a Beta (market volatility) of 0.0081, which means not very significant fluctuations relative to the market. As returns on the market increase, DTRGR's returns are expected to increase less than the market. However, during the bear market, the loss of holding DTRGR is expected to be smaller as well.
Auto-correlation | 0.77 |
Good predictability
DTRGR 365 07 APR 27 has good predictability. Overlapping area represents the amount of predictability between DTRGR time series from 10th of June 2023 to 6th of March 2024 and 6th of March 2024 to 1st 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 DTRGR 365 07 price movement. The serial correlation of 0.77 indicates that around 77.0% of current DTRGR price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.77 | |
| Spearman Rank Test | 0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 1.38 |
DTRGR 365 07 lagged returns against current returns
Autocorrelation, which is DTRGR 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 DTRGR's bond expected returns. We can calculate the autocorrelation of DTRGR returns to help us make a trade decision. For example, suppose you find that DTRGR 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 |
DTRGR 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 DTRGR bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DTRGR bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DTRGR bond over time.
Current vs Lagged Prices |
| Timeline |
DTRGR Lagged Returns
When evaluating DTRGR's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DTRGR bond have on its future price. DTRGR 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, DTRGR autocorrelation shows the relationship between DTRGR bond current value and its past values and can show if there is a momentum factor associated with investing in DTRGR 365 07 APR 27.
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 DTRGR Bond
DTRGR financial ratios help investors to determine whether DTRGR 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 DTRGR with respect to the benefits of owning DTRGR security.