HPQ 475 15 JAN 28 Market Value
| 40434LAM7 | 100.19 0.19 0.19% |
| Symbol | 40434LAM7 |
Please note, there is a significant difference between 40434LAM7's value and its price as these two are different measures arrived at by different means. Investors typically determine if 40434LAM7 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 40434LAM7'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.
40434LAM7 '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 40434LAM7'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 40434LAM7.
| 01/17/2025 |
| 02/16/2025 |
If you would invest 0.00 in 40434LAM7 on January 17, 2025 and sell it all today you would earn a total of 0.00 from holding HPQ 475 15 JAN 28 or generate 0.0% return on investment in 40434LAM7 over 30 days. 40434LAM7 is related to or competes with Insteel Industries, Vita Coco, Anheuser Busch, Celsius Holdings, United States, Molson Coors, and CanSino Biologics. More
40434LAM7 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 40434LAM7'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 HPQ 475 15 JAN 28 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 4.15 | |||
| Value At Risk | (0.65) | |||
| Potential Upside | 0.5529 |
40434LAM7 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 40434LAM7's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 40434LAM7's standard deviation. In reality, there are many statistical measures that can use 40434LAM7 historical prices to predict the future 40434LAM7's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.01) | |||
| Treynor Ratio | 1.17 |
HPQ 475 15 Backtested Returns
At this point, 40434LAM7 is very steady. HPQ 475 15 secures Sharpe Ratio (or Efficiency) of close to zero, which signifies that the bond had a close to zero % return per unit of risk over the last 3 months. We have found twenty-two technical indicators for HPQ 475 15 JAN 28, which you can use to evaluate the volatility of the entity. Please confirm 40434LAM7's Mean Deviation of 0.3086, coefficient of variation of (252,234), and Variance of 0.4088 to double-check if the risk estimate we provide is consistent with the expected return of 0.004%. The bond shows a Beta (market volatility) of -0.0088, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 40434LAM7 are expected to decrease at a much lower rate. During the bear market, 40434LAM7 is likely to outperform the market.
Auto-correlation | -0.62 |
Very good reverse predictability
HPQ 475 15 JAN 28 has very good reverse predictability. Overlapping area represents the amount of predictability between 40434LAM7 time series from 17th of January 2025 to 1st of February 2025 and 1st of February 2025 to 16th of February 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 HPQ 475 15 price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current 40434LAM7 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.62 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
HPQ 475 15 lagged returns against current returns
Autocorrelation, which is 40434LAM7 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 40434LAM7's bond expected returns. We can calculate the autocorrelation of 40434LAM7 returns to help us make a trade decision. For example, suppose you find that 40434LAM7 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 |
40434LAM7 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 40434LAM7 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 40434LAM7 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 40434LAM7 bond over time.
Current vs Lagged Prices |
| Timeline |
40434LAM7 Lagged Returns
When evaluating 40434LAM7's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 40434LAM7 bond have on its future price. 40434LAM7 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, 40434LAM7 autocorrelation shows the relationship between 40434LAM7 bond current value and its past values and can show if there is a momentum factor associated with investing in HPQ 475 15 JAN 28.
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 40434LAM7 Bond
40434LAM7 financial ratios help investors to determine whether 40434LAM7 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 40434LAM7 with respect to the benefits of owning 40434LAM7 security.