FMEGR 375 15 JUN 29 Market Value
| 35805BAA6 | 85.01 8.18 8.78% |
| Symbol | FMEGR |
Please note, there is a significant difference between FMEGR's value and its price as these two are different measures arrived at by different means. Investors typically determine if FMEGR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FMEGR'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.
FMEGR '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 FMEGR'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 FMEGR.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in FMEGR on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding FMEGR 375 15 JUN 29 or generate 0.0% return on investment in FMEGR over 720 days. FMEGR is related to or competes with 00108WAF7, 90331HPL1, 3M, Alcoa Corp, ATT, Johnson Johnson, and Intel. More
FMEGR 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 FMEGR'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 FMEGR 375 15 JUN 29 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 8.74 | |||
| Value At Risk | (0.67) | |||
| Potential Upside | 0.9302 |
FMEGR Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FMEGR's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FMEGR's standard deviation. In reality, there are many statistical measures that can use FMEGR historical prices to predict the future FMEGR's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.25) | |||
| Treynor Ratio | (5.15) |
FMEGR 375 15 Backtested Returns
FMEGR 375 15 secures Sharpe Ratio (or Efficiency) of -0.18, which denotes the bond had a -0.18% return per unit of return volatility over the last 3 months. FMEGR 375 15 JUN 29 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm FMEGR's standard deviation of 1.25, and Mean Deviation of 0.5164 to check the risk estimate we provide. The bond shows a Beta (market volatility) of 0.0175, which means not very significant fluctuations relative to the market. As returns on the market increase, FMEGR's returns are expected to increase less than the market. However, during the bear market, the loss of holding FMEGR is expected to be smaller as well.
Auto-correlation | -0.46 |
Modest reverse predictability
FMEGR 375 15 JUN 29 has modest reverse predictability. Overlapping area represents the amount of predictability between FMEGR time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd 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 FMEGR 375 15 price movement. The serial correlation of -0.46 indicates that about 46.0% of current FMEGR price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.46 | |
| Spearman Rank Test | -0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 7.15 |
FMEGR 375 15 lagged returns against current returns
Autocorrelation, which is FMEGR 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 FMEGR's bond expected returns. We can calculate the autocorrelation of FMEGR returns to help us make a trade decision. For example, suppose you find that FMEGR 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 |
FMEGR 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 FMEGR bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FMEGR bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FMEGR bond over time.
Current vs Lagged Prices |
| Timeline |
FMEGR Lagged Returns
When evaluating FMEGR's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FMEGR bond have on its future price. FMEGR 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, FMEGR autocorrelation shows the relationship between FMEGR bond current value and its past values and can show if there is a momentum factor associated with investing in FMEGR 375 15 JUN 29.
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 FMEGR Bond
FMEGR financial ratios help investors to determine whether FMEGR 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 FMEGR with respect to the benefits of owning FMEGR security.