DELL INC 65 Market Value
| 24702RAF8 | 105.37 2.68 2.48% |
| Symbol | 24702RAF8 |
24702RAF8 '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 24702RAF8'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 24702RAF8.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in 24702RAF8 on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding DELL INC 65 or generate 0.0% return on investment in 24702RAF8 over 180 days. 24702RAF8 is related to or competes with Integral, BCE, Space-Communication, Pinterest, Sapiens International, Radcom, and Infosys. More
24702RAF8 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 24702RAF8'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 INC 65 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 8.38 | |||
| Value At Risk | (1.83) | |||
| Potential Upside | 2.12 |
24702RAF8 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 24702RAF8's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 24702RAF8's standard deviation. In reality, there are many statistical measures that can use 24702RAF8 historical prices to predict the future 24702RAF8's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | 0.4204 |
DELL INC 65 Backtested Returns
DELL INC 65 secures Sharpe Ratio (or Efficiency) of -0.0424, which signifies that the bond had a -0.0424% return per unit of price deviation over the last 3 months. DELL INC 65 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 24702RAF8's Information Ratio of (0.13), mean deviation of 0.8481, and Standard Deviation of 1.37 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.11, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 24702RAF8 are expected to decrease at a much lower rate. During the bear market, 24702RAF8 is likely to outperform the market.
Auto-correlation | -0.55 |
Good reverse predictability
DELL INC 65 has good reverse predictability. Overlapping area represents the amount of predictability between 24702RAF8 time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd 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 DELL INC 65 price movement. The serial correlation of -0.55 indicates that about 55.0% of current 24702RAF8 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.55 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 3.47 |
DELL INC 65 lagged returns against current returns
Autocorrelation, which is 24702RAF8 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 24702RAF8's bond expected returns. We can calculate the autocorrelation of 24702RAF8 returns to help us make a trade decision. For example, suppose you find that 24702RAF8 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 |
24702RAF8 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 24702RAF8 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 24702RAF8 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 24702RAF8 bond over time.
Current vs Lagged Prices |
| Timeline |
24702RAF8 Lagged Returns
When evaluating 24702RAF8's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 24702RAF8 bond have on its future price. 24702RAF8 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, 24702RAF8 autocorrelation shows the relationship between 24702RAF8 bond current value and its past values and can show if there is a momentum factor associated with investing in DELL INC 65.
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 24702RAF8 Bond
24702RAF8 financial ratios help investors to determine whether 24702RAF8 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 24702RAF8 with respect to the benefits of owning 24702RAF8 security.