DVN 5875 15 JUN 28 Market Value
| 25179MBE2 | 101.41 0.91 0.91% |
| Symbol | 25179MBE2 |
Please note, there is a significant difference between 25179MBE2's value and its price as these two are different measures arrived at by different means. Investors typically determine if 25179MBE2 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 25179MBE2'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.
25179MBE2 '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 25179MBE2'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 25179MBE2.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in 25179MBE2 on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding DVN 5875 15 JUN 28 or generate 0.0% return on investment in 25179MBE2 over 30 days. 25179MBE2 is related to or competes with HNI Corp, Eastern, Nabors Industries, Merit Medical, Franklin Wireless, Postal Realty, and Seadrill. More
25179MBE2 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 25179MBE2'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 DVN 5875 15 JUN 28 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4478 | |||
| Information Ratio | (0.28) | |||
| Maximum Drawdown | 2.33 | |||
| Value At Risk | (0.75) | |||
| Potential Upside | 0.8111 |
25179MBE2 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 25179MBE2's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 25179MBE2's standard deviation. In reality, there are many statistical measures that can use 25179MBE2 historical prices to predict the future 25179MBE2's volatility.| Risk Adjusted Performance | 0.0014 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.27) | |||
| Treynor Ratio | (0.33) |
DVN 5875 15 Backtested Returns
At this point, 25179MBE2 is very steady. DVN 5875 15 secures Sharpe Ratio (or Efficiency) of 0.0189, which signifies that the bond had a 0.0189% return per unit of price deviation over the last 3 months. We have found twenty-seven technical indicators for DVN 5875 15 JUN 28, which you can use to evaluate the volatility of the entity. Please confirm 25179MBE2's Standard Deviation of 0.4249, downside deviation of 0.4478, and Mean Deviation of 0.2661 to double-check if the risk estimate we provide is consistent with the expected return of 0.0085%. The bond shows a Beta (market volatility) of 0.0145, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 25179MBE2's returns are expected to increase less than the market. However, during the bear market, the loss of holding 25179MBE2 is expected to be smaller as well.
Auto-correlation | 0.31 |
Below average predictability
DVN 5875 15 JUN 28 has below average predictability. Overlapping area represents the amount of predictability between 25179MBE2 time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 DVN 5875 15 price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current 25179MBE2 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.31 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
DVN 5875 15 lagged returns against current returns
Autocorrelation, which is 25179MBE2 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 25179MBE2's bond expected returns. We can calculate the autocorrelation of 25179MBE2 returns to help us make a trade decision. For example, suppose you find that 25179MBE2 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 |
25179MBE2 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 25179MBE2 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 25179MBE2 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 25179MBE2 bond over time.
Current vs Lagged Prices |
| Timeline |
25179MBE2 Lagged Returns
When evaluating 25179MBE2's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 25179MBE2 bond have on its future price. 25179MBE2 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, 25179MBE2 autocorrelation shows the relationship between 25179MBE2 bond current value and its past values and can show if there is a momentum factor associated with investing in DVN 5875 15 JUN 28.
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 25179MBE2 Bond
25179MBE2 financial ratios help investors to determine whether 25179MBE2 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 25179MBE2 with respect to the benefits of owning 25179MBE2 security.