DELL INTERNATIONAL LLC Market Value
| 24703TAJ5 | 121.31 1.74 1.46% |
| Symbol | 24703TAJ5 |
24703TAJ5 '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 24703TAJ5'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 24703TAJ5.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in 24703TAJ5 on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding DELL INTERNATIONAL LLC or generate 0.0% return on investment in 24703TAJ5 over 30 days. 24703TAJ5 is related to or competes with Village Super, Weibo Corp, FitLife Brands,, National Beverage, Natural Alternatives, and Tencent Music. More
24703TAJ5 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 24703TAJ5'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 INTERNATIONAL LLC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 9.2 | |||
| Value At Risk | (2.36) | |||
| Potential Upside | 1.49 |
24703TAJ5 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 24703TAJ5's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 24703TAJ5's standard deviation. In reality, there are many statistical measures that can use 24703TAJ5 historical prices to predict the future 24703TAJ5's volatility.| Risk Adjusted Performance | (0.0009) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.31) | |||
| Treynor Ratio | (0.12) |
DELL INTERNATIONAL LLC Backtested Returns
DELL INTERNATIONAL LLC secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the bond had a -0.13% return per unit of price deviation over the last 3 months. DELL INTERNATIONAL LLC exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 24703TAJ5's Information Ratio of (0.08), standard deviation of 1.83, and Mean Deviation of 0.7859 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of 0.22, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 24703TAJ5's returns are expected to increase less than the market. However, during the bear market, the loss of holding 24703TAJ5 is expected to be smaller as well.
Auto-correlation | -0.05 |
Very weak reverse predictability
DELL INTERNATIONAL LLC has very weak reverse predictability. Overlapping area represents the amount of predictability between 24703TAJ5 time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 INTERNATIONAL LLC price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current 24703TAJ5 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 4.26 |
DELL INTERNATIONAL LLC lagged returns against current returns
Autocorrelation, which is 24703TAJ5 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 24703TAJ5's bond expected returns. We can calculate the autocorrelation of 24703TAJ5 returns to help us make a trade decision. For example, suppose you find that 24703TAJ5 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 |
24703TAJ5 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 24703TAJ5 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 24703TAJ5 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 24703TAJ5 bond over time.
Current vs Lagged Prices |
| Timeline |
24703TAJ5 Lagged Returns
When evaluating 24703TAJ5's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 24703TAJ5 bond have on its future price. 24703TAJ5 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, 24703TAJ5 autocorrelation shows the relationship between 24703TAJ5 bond current value and its past values and can show if there is a momentum factor associated with investing in DELL INTERNATIONAL LLC.
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 24703TAJ5 Bond
24703TAJ5 financial ratios help investors to determine whether 24703TAJ5 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 24703TAJ5 with respect to the benefits of owning 24703TAJ5 security.