HCA INC 525 Market Value
| 404119BT5 | 100.22 0.05 0.05% |
| Symbol | 404119BT5 |
404119BT5 '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 404119BT5'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 404119BT5.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in 404119BT5 on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding HCA INC 525 or generate 0.0% return on investment in 404119BT5 over 540 days. 404119BT5 is related to or competes with SEI Investments, Equinix, Aldel Financial, Sabra Healthcare, Stepstone, Citizens Bancorp, and Waste Management. More
404119BT5 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 404119BT5'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 HCA INC 525 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 4.51 | |||
| Value At Risk | (0.90) | |||
| Potential Upside | 1.18 |
404119BT5 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 404119BT5's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 404119BT5's standard deviation. In reality, there are many statistical measures that can use 404119BT5 historical prices to predict the future 404119BT5's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | 1.38 |
HCA INC 525 Backtested Returns
HCA INC 525 retains Efficiency (Sharpe Ratio) of -0.0731, which signifies that the bond had a -0.0731% return per unit of price deviation over the last 3 months. 404119BT5 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 404119BT5's Market Risk Adjusted Performance of 1.39, information ratio of (0.22), and Coefficient Of Variation of (3,055) to double-check the risk estimate we provide. The entity owns a Beta (Systematic Risk) of -0.023, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 404119BT5 are expected to decrease at a much lower rate. During the bear market, 404119BT5 is likely to outperform the market.
Auto-correlation | 0.48 |
Average predictability
HCA INC 525 has average predictability. Overlapping area represents the amount of predictability between 404119BT5 time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 HCA INC 525 price movement. The serial correlation of 0.48 indicates that about 48.0% of current 404119BT5 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.48 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.32 |
HCA INC 525 lagged returns against current returns
Autocorrelation, which is 404119BT5 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 404119BT5's bond expected returns. We can calculate the autocorrelation of 404119BT5 returns to help us make a trade decision. For example, suppose you find that 404119BT5 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 |
404119BT5 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 404119BT5 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 404119BT5 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 404119BT5 bond over time.
Current vs Lagged Prices |
| Timeline |
404119BT5 Lagged Returns
When evaluating 404119BT5's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 404119BT5 bond have on its future price. 404119BT5 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, 404119BT5 autocorrelation shows the relationship between 404119BT5 bond current value and its past values and can show if there is a momentum factor associated with investing in HCA INC 525.
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 404119BT5 Bond
404119BT5 financial ratios help investors to determine whether 404119BT5 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 404119BT5 with respect to the benefits of owning 404119BT5 security.