EDF 695 26 JAN 39 Market Value
| 268317AC8 | 109.10 1.59 1.44% |
| Symbol | 268317AC8 |
Please note, there is a significant difference between 268317AC8's value and its price as these two are different measures arrived at by different means. Investors typically determine if 268317AC8 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 268317AC8'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.
268317AC8 '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 268317AC8'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 268317AC8.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in 268317AC8 on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding EDF 695 26 JAN 39 or generate 0.0% return on investment in 268317AC8 over 30 days. 268317AC8 is related to or competes with ChampionX, RBC Bearings, MYR, Parker Hannifin, Primoris Services, Hurco Companies, and Jacobs Solutions. More
268317AC8 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 268317AC8'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 EDF 695 26 JAN 39 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 10.69 | |||
| Value At Risk | (2.28) | |||
| Potential Upside | 2.35 |
268317AC8 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 268317AC8's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 268317AC8's standard deviation. In reality, there are many statistical measures that can use 268317AC8 historical prices to predict the future 268317AC8's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | (1.62) |
EDF 695 26 Backtested Returns
EDF 695 26 secures Sharpe Ratio (or Efficiency) of -0.22, which signifies that the bond had a -0.22% return per unit of price deviation over the last 3 months. EDF 695 26 JAN 39 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 268317AC8's Mean Deviation of 1.04, information ratio of (0.08), and Standard Deviation of 1.73 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of 0.0236, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 268317AC8's returns are expected to increase less than the market. However, during the bear market, the loss of holding 268317AC8 is expected to be smaller as well.
Auto-correlation | -0.53 |
Good reverse predictability
EDF 695 26 JAN 39 has good reverse predictability. Overlapping area represents the amount of predictability between 268317AC8 time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 EDF 695 26 price movement. The serial correlation of -0.53 indicates that about 53.0% of current 268317AC8 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.53 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 3.37 |
EDF 695 26 lagged returns against current returns
Autocorrelation, which is 268317AC8 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 268317AC8's bond expected returns. We can calculate the autocorrelation of 268317AC8 returns to help us make a trade decision. For example, suppose you find that 268317AC8 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 |
268317AC8 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 268317AC8 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 268317AC8 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 268317AC8 bond over time.
Current vs Lagged Prices |
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268317AC8 Lagged Returns
When evaluating 268317AC8's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 268317AC8 bond have on its future price. 268317AC8 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, 268317AC8 autocorrelation shows the relationship between 268317AC8 bond current value and its past values and can show if there is a momentum factor associated with investing in EDF 695 26 JAN 39.
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 268317AC8 Bond
268317AC8 financial ratios help investors to determine whether 268317AC8 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 268317AC8 with respect to the benefits of owning 268317AC8 security.