HCA INC 55 Market Value
| 404119BV0 | 94.82 0.71 0.75% |
| Symbol | 404119BV0 |
404119BV0 '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 404119BV0'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 404119BV0.
| 03/15/2023 |
| 03/04/2025 |
If you would invest 0.00 in 404119BV0 on March 15, 2023 and sell it all today you would earn a total of 0.00 from holding HCA INC 55 or generate 0.0% return on investment in 404119BV0 over 720 days. 404119BV0 is related to or competes with Integrated Media, Corsair Gaming, Wizz Air, Academy Sports, Playtech Plc, ANTA Sports, and Mayfair Gold. More
404119BV0 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 404119BV0'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 55 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.85 | |||
| Information Ratio | 0.0308 | |||
| Maximum Drawdown | 10.42 | |||
| Value At Risk | (1.26) | |||
| Potential Upside | 1.21 |
404119BV0 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 404119BV0's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 404119BV0's standard deviation. In reality, there are many statistical measures that can use 404119BV0 historical prices to predict the future 404119BV0's volatility.| Risk Adjusted Performance | 0.0143 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | 0.209 | |||
| Sortino Ratio | 0.0402 | |||
| Treynor Ratio | (0.02) |
HCA INC 55 Backtested Returns
HCA INC 55 retains Efficiency (Sharpe Ratio) of -0.0369, which signifies that the bond had a -0.0369 % return per unit of price deviation over the last 3 months. 404119BV0 exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 404119BV0's Standard Deviation of 2.41, semi deviation of 1.76, and Market Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide. The entity owns a Beta (Systematic Risk) of -0.92, which signifies possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning 404119BV0 are expected to decrease slowly. On the other hand, during market turmoil, 404119BV0 is expected to outperform it slightly.
Auto-correlation | -0.33 |
Poor reverse predictability
HCA INC 55 has poor reverse predictability. Overlapping area represents the amount of predictability between 404119BV0 time series from 15th of March 2023 to 9th of March 2024 and 9th of March 2024 to 4th of March 2025. 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 55 price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current 404119BV0 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 7.35 |
HCA INC 55 lagged returns against current returns
Autocorrelation, which is 404119BV0 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 404119BV0's bond expected returns. We can calculate the autocorrelation of 404119BV0 returns to help us make a trade decision. For example, suppose you find that 404119BV0 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 |
404119BV0 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 404119BV0 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 404119BV0 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 404119BV0 bond over time.
Current vs Lagged Prices |
| Timeline |
404119BV0 Lagged Returns
When evaluating 404119BV0's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 404119BV0 bond have on its future price. 404119BV0 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, 404119BV0 autocorrelation shows the relationship between 404119BV0 bond current value and its past values and can show if there is a momentum factor associated with investing in HCA INC 55.
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 404119BV0 Bond
404119BV0 financial ratios help investors to determine whether 404119BV0 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 404119BV0 with respect to the benefits of owning 404119BV0 security.