WALT DISNEY CO Market Value
| 254687FZ4 | 76.29 1.54 2.06% |
| Symbol | 254687FZ4 |
254687FZ4 '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 254687FZ4'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 254687FZ4.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in 254687FZ4 on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding WALT DISNEY CO or generate 0.0% return on investment in 254687FZ4 over 30 days. 254687FZ4 is related to or competes with Coca Cola, JPMorgan Chase, Dupont De, Alcoa Corp, Boeing, Microsoft, and Procter Gamble. More
254687FZ4 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 254687FZ4'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 WALT DISNEY CO upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.33) | |||
| Maximum Drawdown | 5.75 | |||
| Value At Risk | (1.67) | |||
| Potential Upside | 0.9597 |
254687FZ4 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 254687FZ4's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 254687FZ4's standard deviation. In reality, there are many statistical measures that can use 254687FZ4 historical prices to predict the future 254687FZ4's volatility.| Risk Adjusted Performance | (0.14) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.33) | |||
| Treynor Ratio | 1.15 |
WALT DISNEY CO Backtested Returns
WALT DISNEY CO secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the bond had a -0.12% return per unit of price deviation over the last 3 months. WALT DISNEY CO exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 254687FZ4's Variance of 0.8761, coefficient of variation of (532.75), and Risk Adjusted Performance of (0.14) to double-check the risk estimate we provide. The entity shows a Beta (market volatility) of -0.16, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 254687FZ4 are expected to decrease at a much lower rate. During the bear market, 254687FZ4 is likely to outperform the market.
Auto-correlation | 0.43 |
Average predictability
WALT DISNEY CO has average predictability. Overlapping area represents the amount of predictability between 254687FZ4 time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 WALT DISNEY CO price movement. The serial correlation of 0.43 indicates that just about 43.0% of current 254687FZ4 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.44 |
WALT DISNEY CO lagged returns against current returns
Autocorrelation, which is 254687FZ4 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 254687FZ4's bond expected returns. We can calculate the autocorrelation of 254687FZ4 returns to help us make a trade decision. For example, suppose you find that 254687FZ4 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 |
254687FZ4 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 254687FZ4 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 254687FZ4 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 254687FZ4 bond over time.
Current vs Lagged Prices |
| Timeline |
254687FZ4 Lagged Returns
When evaluating 254687FZ4's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 254687FZ4 bond have on its future price. 254687FZ4 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, 254687FZ4 autocorrelation shows the relationship between 254687FZ4 bond current value and its past values and can show if there is a momentum factor associated with investing in WALT DISNEY CO.
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 254687FZ4 Bond
254687FZ4 financial ratios help investors to determine whether 254687FZ4 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 254687FZ4 with respect to the benefits of owning 254687FZ4 security.