MRKGR 325 19 MAR 25 Market Value
| 26867LAL4 | 99.83 0.00 0.00% |
| Symbol | MRKGR |
Please note, there is a significant difference between MRKGR's value and its price as these two are different measures arrived at by different means. Investors typically determine if MRKGR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MRKGR'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.
MRKGR '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 MRKGR'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 MRKGR.
| 08/05/2024 |
| 02/01/2025 |
If you would invest 0.00 in MRKGR on August 5, 2024 and sell it all today you would earn a total of 0.00 from holding MRKGR 325 19 MAR 25 or generate 0.0% return on investment in MRKGR over 180 days. MRKGR is related to or competes with CVR Partners, Coca Cola, NL Industries, Compania Cervecerias, Axalta Coating, and BRC. More
MRKGR 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 MRKGR'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 MRKGR 325 19 MAR 25 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8815 | |||
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 4.87 | |||
| Value At Risk | (0.17) | |||
| Potential Upside | 0.2843 |
MRKGR Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MRKGR's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MRKGR's standard deviation. In reality, there are many statistical measures that can use MRKGR historical prices to predict the future MRKGR's volatility.| Risk Adjusted Performance | 0.0015 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.11) | |||
| Treynor Ratio | (3.50) |
MRKGR 325 19 Backtested Returns
MRKGR 325 19 has Sharpe Ratio of -0.11, which conveys that the entity had a -0.11 % return per unit of volatility over the last 3 months. MRKGR exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MRKGR's mean deviation of 0.2338, and Risk Adjusted Performance of 0.0015 to check out the risk estimate we provide. The bond secures a Beta (Market Risk) of 0.0019, which conveys not very significant fluctuations relative to the market. As returns on the market increase, MRKGR's returns are expected to increase less than the market. However, during the bear market, the loss of holding MRKGR is expected to be smaller as well.
Auto-correlation | 0.24 |
Weak predictability
MRKGR 325 19 MAR 25 has weak predictability. Overlapping area represents the amount of predictability between MRKGR time series from 5th of August 2024 to 3rd of November 2024 and 3rd of November 2024 to 1st of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of MRKGR 325 19 price movement. The serial correlation of 0.24 indicates that over 24.0% of current MRKGR price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.24 | |
| Spearman Rank Test | 0.93 | |
| Residual Average | 0.0 | |
| Price Variance | 0.3 |
MRKGR 325 19 lagged returns against current returns
Autocorrelation, which is MRKGR 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 MRKGR's bond expected returns. We can calculate the autocorrelation of MRKGR returns to help us make a trade decision. For example, suppose you find that MRKGR 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 |
MRKGR 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 MRKGR bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MRKGR bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MRKGR bond over time.
Current vs Lagged Prices |
| Timeline |
MRKGR Lagged Returns
When evaluating MRKGR's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MRKGR bond have on its future price. MRKGR 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, MRKGR autocorrelation shows the relationship between MRKGR bond current value and its past values and can show if there is a momentum factor associated with investing in MRKGR 325 19 MAR 25.
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 MRKGR Bond
MRKGR financial ratios help investors to determine whether MRKGR 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 MRKGR with respect to the benefits of owning MRKGR security.