HCP INC 4 Market Value
| 40414LAN9 | 98.22 1.48 1.48% |
| Symbol | 40414LAN9 |
40414LAN9 '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 40414LAN9'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 40414LAN9.
| 03/15/2023 |
| 03/04/2025 |
If you would invest 0.00 in 40414LAN9 on March 15, 2023 and sell it all today you would earn a total of 0.00 from holding HCP INC 4 or generate 0.0% return on investment in 40414LAN9 over 720 days. 40414LAN9 is related to or competes with National CineMedia, ServiceNow, Guangzhou Automobile, Space-Communication, Paysafe, Allient, and Gentex. More
40414LAN9 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 40414LAN9'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 HCP INC 4 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.2596 | |||
| Maximum Drawdown | 1.43 | |||
| Value At Risk | (0.50) | |||
| Potential Upside | 0.2011 |
40414LAN9 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 40414LAN9's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 40414LAN9's standard deviation. In reality, there are many statistical measures that can use 40414LAN9 historical prices to predict the future 40414LAN9's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.01) | |||
| Treynor Ratio | (4.53) |
HCP INC 4 Backtested Returns
HCP INC 4 secures Sharpe Ratio (or Efficiency) of -0.0906, which signifies that the bond had a -0.0906 % return per unit of risk over the last 3 months. HCP INC 4 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 40414LAN9's Coefficient Of Variation of (948.40), mean deviation of 0.1476, and Variance of 0.0459 to double-check the risk estimate we provide. The entity shows a Beta (market volatility) of 0.0072, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 40414LAN9's returns are expected to increase less than the market. However, during the bear market, the loss of holding 40414LAN9 is expected to be smaller as well.
Auto-correlation | 0.05 |
Virtually no predictability
HCP INC 4 has virtually no predictability. Overlapping area represents the amount of predictability between 40414LAN9 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 HCP INC 4 price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current 40414LAN9 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.05 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.35 |
HCP INC 4 lagged returns against current returns
Autocorrelation, which is 40414LAN9 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 40414LAN9's bond expected returns. We can calculate the autocorrelation of 40414LAN9 returns to help us make a trade decision. For example, suppose you find that 40414LAN9 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 |
40414LAN9 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 40414LAN9 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 40414LAN9 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 40414LAN9 bond over time.
Current vs Lagged Prices |
| Timeline |
40414LAN9 Lagged Returns
When evaluating 40414LAN9's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 40414LAN9 bond have on its future price. 40414LAN9 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, 40414LAN9 autocorrelation shows the relationship between 40414LAN9 bond current value and its past values and can show if there is a momentum factor associated with investing in HCP INC 4.
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 40414LAN9 Bond
40414LAN9 financial ratios help investors to determine whether 40414LAN9 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 40414LAN9 with respect to the benefits of owning 40414LAN9 security.