Ford Motor Credit Market Value
| 345397ZW6 | 94.63 4.31 4.36% |
| Symbol | 345397ZW6 |
345397ZW6 '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 345397ZW6'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 345397ZW6.
| 06/04/2024 |
| 12/01/2024 |
If you would invest 0.00 in 345397ZW6 on June 4, 2024 and sell it all today you would earn a total of 0.00 from holding Ford Motor Credit or generate 0.0% return on investment in 345397ZW6 over 180 days. 345397ZW6 is related to or competes with Willamette Valley, Celsius Holdings, Oatly Group, SNDL, PennantPark Investment, Brandywine Realty, and MGIC Investment. More
345397ZW6 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 345397ZW6'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 Ford Motor Credit upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 14.03 | |||
| Value At Risk | (1.61) | |||
| Potential Upside | 1.06 |
345397ZW6 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 345397ZW6's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 345397ZW6's standard deviation. In reality, there are many statistical measures that can use 345397ZW6 historical prices to predict the future 345397ZW6's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.33) | |||
| Treynor Ratio | 1.28 |
Ford Motor Credit Backtested Returns
Ford Motor Credit secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the bond had a -0.12% return per unit of standard deviation over the last 3 months. Ford Motor Credit exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 345397ZW6's Standard Deviation of 1.58, coefficient of variation of (3,057), and Mean Deviation of 0.6053 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.0484, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 345397ZW6 are expected to decrease at a much lower rate. During the bear market, 345397ZW6 is likely to outperform the market.
Auto-correlation | -0.3 |
Weak reverse predictability
Ford Motor Credit has weak reverse predictability. Overlapping area represents the amount of predictability between 345397ZW6 time series from 4th of June 2024 to 2nd of September 2024 and 2nd of September 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 Ford Motor Credit price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current 345397ZW6 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | -0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.51 |
Ford Motor Credit lagged returns against current returns
Autocorrelation, which is 345397ZW6 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 345397ZW6's bond expected returns. We can calculate the autocorrelation of 345397ZW6 returns to help us make a trade decision. For example, suppose you find that 345397ZW6 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 |
345397ZW6 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 345397ZW6 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 345397ZW6 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 345397ZW6 bond over time.
Current vs Lagged Prices |
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345397ZW6 Lagged Returns
When evaluating 345397ZW6's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 345397ZW6 bond have on its future price. 345397ZW6 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, 345397ZW6 autocorrelation shows the relationship between 345397ZW6 bond current value and its past values and can show if there is a momentum factor associated with investing in Ford Motor Credit.
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 345397ZW6 Bond
345397ZW6 financial ratios help investors to determine whether 345397ZW6 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 345397ZW6 with respect to the benefits of owning 345397ZW6 security.