DELL PUTER CORP Market Value
| 247025AE9 | 106.77 0.86 0.80% |
| Symbol | 247025AE9 |
247025AE9 '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 247025AE9'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 247025AE9.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in 247025AE9 on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding DELL PUTER CORP or generate 0.0% return on investment in 247025AE9 over 30 days. 247025AE9 is related to or competes with Anheuser Busch, Meiwu Technology, Westrock Coffee, Thai Beverage, Willamette Valley, Fomento Economico, and Keurig Dr. More
247025AE9 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 247025AE9'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 DELL PUTER CORP upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 4.32 | |||
| Value At Risk | (1.40) | |||
| Potential Upside | 1.18 |
247025AE9 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 247025AE9's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 247025AE9's standard deviation. In reality, there are many statistical measures that can use 247025AE9 historical prices to predict the future 247025AE9's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | 0.2923 |
DELL PUTER P Backtested Returns
DELL PUTER P secures Sharpe Ratio (or Efficiency) of -0.0541, which signifies that the bond had a -0.0541% return per unit of price deviation over the last 3 months. DELL PUTER CORP exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 247025AE9's Information Ratio of (0.18), standard deviation of 0.8176, and Mean Deviation of 0.5513 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.0886, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 247025AE9 are expected to decrease at a much lower rate. During the bear market, 247025AE9 is likely to outperform the market.
Auto-correlation | 0.02 |
Virtually no predictability
DELL PUTER CORP has virtually no predictability. Overlapping area represents the amount of predictability between 247025AE9 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 DELL PUTER P price movement. The serial correlation of 0.02 indicates that only 2.0% of current 247025AE9 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.52 |
DELL PUTER P lagged returns against current returns
Autocorrelation, which is 247025AE9 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 247025AE9's bond expected returns. We can calculate the autocorrelation of 247025AE9 returns to help us make a trade decision. For example, suppose you find that 247025AE9 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 |
247025AE9 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 247025AE9 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 247025AE9 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 247025AE9 bond over time.
Current vs Lagged Prices |
| Timeline |
247025AE9 Lagged Returns
When evaluating 247025AE9's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 247025AE9 bond have on its future price. 247025AE9 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, 247025AE9 autocorrelation shows the relationship between 247025AE9 bond current value and its past values and can show if there is a momentum factor associated with investing in DELL PUTER CORP.
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 247025AE9 Bond
247025AE9 financial ratios help investors to determine whether 247025AE9 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 247025AE9 with respect to the benefits of owning 247025AE9 security.