HALLIBURTON 45 percent Market Value
| 406216BA8 | 87.22 0.31 0.35% |
| Symbol | 406216BA8 |
406216BA8 '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 406216BA8'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 406216BA8.
| 11/30/2023 |
| 11/24/2024 |
If you would invest 0.00 in 406216BA8 on November 30, 2023 and sell it all today you would earn a total of 0.00 from holding HALLIBURTON 45 percent or generate 0.0% return on investment in 406216BA8 over 360 days. 406216BA8 is related to or competes with Coca Cola, JPMorgan Chase, Dupont De, Alcoa Corp, Boeing, Microsoft, and Procter Gamble. More
406216BA8 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 406216BA8'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 HALLIBURTON 45 percent upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 5.19 | |||
| Value At Risk | (1.60) | |||
| Potential Upside | 1.75 |
406216BA8 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 406216BA8's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 406216BA8's standard deviation. In reality, there are many statistical measures that can use 406216BA8 historical prices to predict the future 406216BA8's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | (0.15) |
HALLIBURTON 45 percent Backtested Returns
HALLIBURTON 45 percent secures Sharpe Ratio (or Efficiency) of -0.0863, which signifies that the bond had a -0.0863% return per unit of price deviation over the last 3 months. HALLIBURTON 45 percent exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 406216BA8's Information Ratio of (0.12), coefficient of variation of (15,403), and Mean Deviation of 0.7924 to double-check the risk estimate we provide. The entity shows a Beta (market volatility) of 0.11, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 406216BA8's returns are expected to increase less than the market. However, during the bear market, the loss of holding 406216BA8 is expected to be smaller as well.
Auto-correlation | -0.25 |
Weak reverse predictability
HALLIBURTON 45 percent has weak reverse predictability. Overlapping area represents the amount of predictability between 406216BA8 time series from 30th of November 2023 to 28th of May 2024 and 28th of May 2024 to 24th 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 HALLIBURTON 45 percent price movement. The serial correlation of -0.25 indicates that over 25.0% of current 406216BA8 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | -0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 4.72 |
HALLIBURTON 45 percent lagged returns against current returns
Autocorrelation, which is 406216BA8 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 406216BA8's bond expected returns. We can calculate the autocorrelation of 406216BA8 returns to help us make a trade decision. For example, suppose you find that 406216BA8 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 |
406216BA8 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 406216BA8 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 406216BA8 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 406216BA8 bond over time.
Current vs Lagged Prices |
| Timeline |
406216BA8 Lagged Returns
When evaluating 406216BA8's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 406216BA8 bond have on its future price. 406216BA8 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, 406216BA8 autocorrelation shows the relationship between 406216BA8 bond current value and its past values and can show if there is a momentum factor associated with investing in HALLIBURTON 45 percent.
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 406216BA8 Bond
406216BA8 financial ratios help investors to determine whether 406216BA8 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 406216BA8 with respect to the benefits of owning 406216BA8 security.