EQUITABLE INC 7 Market Value
| 29444GAJ6 | 106.59 0.25 0.24% |
| Symbol | EQUITABLE |
EQUITABLE '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 EQUITABLE'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 EQUITABLE.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in EQUITABLE on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding EQUITABLE INC 7 or generate 0.0% return on investment in EQUITABLE over 30 days. EQUITABLE is related to or competes with 00108WAF7, 90331HPL1, Charles Schwab, Knightscope, Liberty Media, Marvell Technology, and GM. More
EQUITABLE 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 EQUITABLE'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 EQUITABLE INC 7 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 3.26 | |||
| Value At Risk | (1.22) | |||
| Potential Upside | 0.967 |
EQUITABLE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EQUITABLE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EQUITABLE's standard deviation. In reality, there are many statistical measures that can use EQUITABLE historical prices to predict the future EQUITABLE's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | 0.4123 |
EQUITABLE INC 7 Backtested Returns
EQUITABLE INC 7 secures Sharpe Ratio (or Efficiency) of -0.0608, which denotes the bond had a -0.0608% return per unit of volatility over the last 3 months. EQUITABLE INC 7 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm EQUITABLE's Mean Deviation of 0.5068, standard deviation of 0.7551, and Market Risk Adjusted Performance of 0.4223 to check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.0649, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning EQUITABLE are expected to decrease at a much lower rate. During the bear market, EQUITABLE is likely to outperform the market.
Auto-correlation | -0.01 |
Very weak reverse predictability
EQUITABLE INC 7 has very weak reverse predictability. Overlapping area represents the amount of predictability between EQUITABLE time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 EQUITABLE INC 7 price movement. The serial correlation of -0.01 indicates that just 1.0% of current EQUITABLE price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.01 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.43 |
EQUITABLE INC 7 lagged returns against current returns
Autocorrelation, which is EQUITABLE 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 EQUITABLE's bond expected returns. We can calculate the autocorrelation of EQUITABLE returns to help us make a trade decision. For example, suppose you find that EQUITABLE 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 |
EQUITABLE 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 EQUITABLE bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EQUITABLE bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EQUITABLE bond over time.
Current vs Lagged Prices |
| Timeline |
EQUITABLE Lagged Returns
When evaluating EQUITABLE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EQUITABLE bond have on its future price. EQUITABLE 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, EQUITABLE autocorrelation shows the relationship between EQUITABLE bond current value and its past values and can show if there is a momentum factor associated with investing in EQUITABLE INC 7.
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 EQUITABLE Bond
EQUITABLE financial ratios help investors to determine whether EQUITABLE 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 EQUITABLE with respect to the benefits of owning EQUITABLE security.