IMC GLOBAL INC Market Value
| 449669AK6 | 107.36 0.00 0.00% |
| Symbol | 449669AK6 |
449669AK6 '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 449669AK6'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 449669AK6.
| 06/09/2023 |
| 11/30/2024 |
If you would invest 0.00 in 449669AK6 on June 9, 2023 and sell it all today you would earn a total of 0.00 from holding IMC GLOBAL INC or generate 0.0% return on investment in 449669AK6 over 540 days. 449669AK6 is related to or competes with Ambev SA, Porvair Plc, Diageo PLC, Willamette Valley, Japan Tobacco, Scandinavian Tobacco, and Universal. More
449669AK6 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 449669AK6'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 IMC GLOBAL INC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9226 | |||
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 4.0 | |||
| Value At Risk | (1.59) | |||
| Potential Upside | 1.46 |
449669AK6 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 449669AK6's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 449669AK6's standard deviation. In reality, there are many statistical measures that can use 449669AK6 historical prices to predict the future 449669AK6's volatility.| Risk Adjusted Performance | 0.0133 | |||
| Jensen Alpha | 0.0088 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.13) | |||
| Treynor Ratio | (0.1) |
IMC GLOBAL INC Backtested Returns
IMC GLOBAL INC retains Efficiency (Sharpe Ratio) of -0.037, which signifies that the bond had a -0.037% return per unit of price deviation over the last 3 months. 449669AK6 exposes twenty-five different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 449669AK6's Standard Deviation of 0.8698, market risk adjusted performance of (0.09), and Semi Deviation of 0.8993 to double-check the risk estimate we provide. The bond owns a Beta (Systematic Risk) of -0.0396, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 449669AK6 are expected to decrease at a much lower rate. During the bear market, 449669AK6 is likely to outperform the market.
Auto-correlation | -0.05 |
Very weak reverse predictability
IMC GLOBAL INC has very weak reverse predictability. Overlapping area represents the amount of predictability between 449669AK6 time series from 9th of June 2023 to 5th of March 2024 and 5th of March 2024 to 30th 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 IMC GLOBAL INC price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current 449669AK6 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 1.1 |
IMC GLOBAL INC lagged returns against current returns
Autocorrelation, which is 449669AK6 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 449669AK6's bond expected returns. We can calculate the autocorrelation of 449669AK6 returns to help us make a trade decision. For example, suppose you find that 449669AK6 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 |
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449669AK6 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 449669AK6 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 449669AK6 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 449669AK6 bond over time.
Current vs Lagged Prices |
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449669AK6 Lagged Returns
When evaluating 449669AK6's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 449669AK6 bond have on its future price. 449669AK6 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, 449669AK6 autocorrelation shows the relationship between 449669AK6 bond current value and its past values and can show if there is a momentum factor associated with investing in IMC GLOBAL INC.
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 449669AK6 Bond
449669AK6 financial ratios help investors to determine whether 449669AK6 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 449669AK6 with respect to the benefits of owning 449669AK6 security.