EDPPL 171 24 JAN 28 Market Value
| 26835PAH3 | 84.56 6.31 6.94% |
| Symbol | EDPPL |
Please note, there is a significant difference between EDPPL's value and its price as these two are different measures arrived at by different means. Investors typically determine if EDPPL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EDPPL'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.
EDPPL '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 EDPPL'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 EDPPL.
| 06/02/2024 |
| 11/29/2024 |
If you would invest 0.00 in EDPPL on June 2, 2024 and sell it all today you would earn a total of 0.00 from holding EDPPL 171 24 JAN 28 or generate 0.0% return on investment in EDPPL over 180 days. EDPPL is related to or competes with ATT, Home Depot, Cisco Systems, Dupont De, GE Aerospace, Johnson Johnson, and Intel. More
EDPPL 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 EDPPL'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 EDPPL 171 24 JAN 28 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 8.58 | |||
| Value At Risk | (0.89) | |||
| Potential Upside | 0.7472 |
EDPPL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EDPPL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EDPPL's standard deviation. In reality, there are many statistical measures that can use EDPPL historical prices to predict the future EDPPL's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | 0.375 |
EDPPL 171 24 Backtested Returns
EDPPL 171 24 secures Sharpe Ratio (or Efficiency) of -0.17, which denotes the bond had a -0.17% return per unit of risk over the last 3 months. EDPPL 171 24 JAN 28 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm EDPPL's Mean Deviation of 0.4641, coefficient of variation of (1,570), and Standard Deviation of 1.1 to check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.21, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning EDPPL are expected to decrease at a much lower rate. During the bear market, EDPPL is likely to outperform the market.
Auto-correlation | -0.84 |
Excellent reverse predictability
EDPPL 171 24 JAN 28 has excellent reverse predictability. Overlapping area represents the amount of predictability between EDPPL time series from 2nd of June 2024 to 31st of August 2024 and 31st of August 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 EDPPL 171 24 price movement. The serial correlation of -0.84 indicates that around 84.0% of current EDPPL price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.84 | |
| Spearman Rank Test | -0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 0.41 |
EDPPL 171 24 lagged returns against current returns
Autocorrelation, which is EDPPL 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 EDPPL's bond expected returns. We can calculate the autocorrelation of EDPPL returns to help us make a trade decision. For example, suppose you find that EDPPL 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 |
EDPPL 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 EDPPL bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EDPPL bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EDPPL bond over time.
Current vs Lagged Prices |
| Timeline |
EDPPL Lagged Returns
When evaluating EDPPL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EDPPL bond have on its future price. EDPPL 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, EDPPL autocorrelation shows the relationship between EDPPL bond current value and its past values and can show if there is a momentum factor associated with investing in EDPPL 171 24 JAN 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 EDPPL Bond
EDPPL financial ratios help investors to determine whether EDPPL 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 EDPPL with respect to the benefits of owning EDPPL security.