FISERV INC Market Value
| 337738BB3 | 92.10 2.38 2.52% |
| Symbol | FISERV |
FISERV '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 FISERV'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 FISERV.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in FISERV on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding FISERV INC or generate 0.0% return on investment in FISERV over 360 days. FISERV is related to or competes with 00108WAF7, 90331HPL1, Bank of America, GE Aerospace, Dupont De, International Business, and McDonalds. More
FISERV 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 FISERV'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 FISERV INC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.29) | |||
| Maximum Drawdown | 3.09 | |||
| Value At Risk | (0.44) | |||
| Potential Upside | 0.2767 |
FISERV Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FISERV's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FISERV's standard deviation. In reality, there are many statistical measures that can use FISERV historical prices to predict the future FISERV's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | 0.479 |
FISERV INC Backtested Returns
FISERV INC secures Sharpe Ratio (or Efficiency) of -0.11, which denotes the bond had a -0.11% return per unit of volatility over the last 3 months. FISERV INC exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm FISERV's Market Risk Adjusted Performance of 0.489, standard deviation of 0.5911, and Mean Deviation of 0.2533 to check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.0973, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning FISERV are expected to decrease at a much lower rate. During the bear market, FISERV is likely to outperform the market.
Auto-correlation | -0.47 |
Modest reverse predictability
FISERV INC has modest reverse predictability. Overlapping area represents the amount of predictability between FISERV time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st of December 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 FISERV INC price movement. The serial correlation of -0.47 indicates that about 47.0% of current FISERV price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.47 | |
| Spearman Rank Test | -0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 1.03 |
FISERV INC lagged returns against current returns
Autocorrelation, which is FISERV 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 FISERV's bond expected returns. We can calculate the autocorrelation of FISERV returns to help us make a trade decision. For example, suppose you find that FISERV 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 |
FISERV 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 FISERV bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FISERV bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FISERV bond over time.
Current vs Lagged Prices |
| Timeline |
FISERV Lagged Returns
When evaluating FISERV's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FISERV bond have on its future price. FISERV 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, FISERV autocorrelation shows the relationship between FISERV bond current value and its past values and can show if there is a momentum factor associated with investing in FISERV INC.
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 FISERV Bond
FISERV financial ratios help investors to determine whether FISERV 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 FISERV with respect to the benefits of owning FISERV security.