Dell 54 percent Market Value
| 24702RAM3 | 95.00 2.16 2.22% |
| Symbol | 24702RAM3 |
24702RAM3 '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 24702RAM3'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 24702RAM3.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in 24702RAM3 on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Dell 54 percent or generate 0.0% return on investment in 24702RAM3 over 30 days. 24702RAM3 is related to or competes with GE Vernova, Pure Cycle, Antero Midstream, Aris Water, Cheniere Energy, Addus HomeCare, and WEC Energy. More
24702RAM3 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 24702RAM3'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 54 percent upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 7.78 | |||
| Value At Risk | (2.22) | |||
| Potential Upside | 2.33 |
24702RAM3 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 24702RAM3's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 24702RAM3's standard deviation. In reality, there are many statistical measures that can use 24702RAM3 historical prices to predict the future 24702RAM3's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | 0.3077 |
Dell 54 percent Backtested Returns
Dell 54 percent secures Sharpe Ratio (or Efficiency) of -0.0351, which signifies that the bond had a -0.0351% return per unit of volatility over the last 3 months. Dell 54 percent exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 24702RAM3's Market Risk Adjusted Performance of 0.3177, mean deviation of 1.05, and Standard Deviation of 1.46 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.2, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 24702RAM3 are expected to decrease at a much lower rate. During the bear market, 24702RAM3 is likely to outperform the market.
Auto-correlation | 0.37 |
Below average predictability
Dell 54 percent has below average predictability. Overlapping area represents the amount of predictability between 24702RAM3 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 54 percent price movement. The serial correlation of 0.37 indicates that just about 37.0% of current 24702RAM3 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.37 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 1.04 |
Dell 54 percent lagged returns against current returns
Autocorrelation, which is 24702RAM3 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 24702RAM3's bond expected returns. We can calculate the autocorrelation of 24702RAM3 returns to help us make a trade decision. For example, suppose you find that 24702RAM3 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 |
24702RAM3 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 24702RAM3 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 24702RAM3 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 24702RAM3 bond over time.
Current vs Lagged Prices |
| Timeline |
24702RAM3 Lagged Returns
When evaluating 24702RAM3's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 24702RAM3 bond have on its future price. 24702RAM3 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, 24702RAM3 autocorrelation shows the relationship between 24702RAM3 bond current value and its past values and can show if there is a momentum factor associated with investing in Dell 54 percent.
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 24702RAM3 Bond
24702RAM3 financial ratios help investors to determine whether 24702RAM3 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 24702RAM3 with respect to the benefits of owning 24702RAM3 security.