INTERCONTINENTAL EXCHANGE INC Market Value
| 45866FAH7 | 86.22 2.85 3.42% |
| Symbol | 45866FAH7 |
Please note, there is a significant difference between 45866FAH7's value and its price as these two are different measures arrived at by different means. Investors typically determine if 45866FAH7 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 45866FAH7'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.
45866FAH7 '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 45866FAH7'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 45866FAH7.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in 45866FAH7 on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding INTERCONTINENTAL EXCHANGE INC or generate 0.0% return on investment in 45866FAH7 over 30 days. 45866FAH7 is related to or competes with 00108WAF7, 90331HPL1, 3M, Alcoa Corp, ATT, Johnson Johnson, and Intel. More
45866FAH7 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 45866FAH7'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 INTERCONTINENTAL EXCHANGE INC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 8.78 | |||
| Value At Risk | (2.12) | |||
| Potential Upside | 1.78 |
45866FAH7 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 45866FAH7's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 45866FAH7's standard deviation. In reality, there are many statistical measures that can use 45866FAH7 historical prices to predict the future 45866FAH7's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | 0.3043 |
INTERCONTINENTAL EXC Backtested Returns
INTERCONTINENTAL EXC secures Sharpe Ratio (or Efficiency) of -0.0472, which signifies that the bond had a -0.0472% return per unit of risk over the last 3 months. INTERCONTINENTAL EXCHANGE INC exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 45866FAH7's Coefficient Of Variation of (4,525), mean deviation of 0.868, and Variance of 1.59 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 45866FAH7 are expected to decrease at a much lower rate. During the bear market, 45866FAH7 is likely to outperform the market.
Auto-correlation | 0.22 |
Weak predictability
INTERCONTINENTAL EXCHANGE INC has weak predictability. Overlapping area represents the amount of predictability between 45866FAH7 time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 INTERCONTINENTAL EXC price movement. The serial correlation of 0.22 indicates that over 22.0% of current 45866FAH7 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | 0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 1.57 |
INTERCONTINENTAL EXC lagged returns against current returns
Autocorrelation, which is 45866FAH7 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 45866FAH7's bond expected returns. We can calculate the autocorrelation of 45866FAH7 returns to help us make a trade decision. For example, suppose you find that 45866FAH7 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 |
45866FAH7 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 45866FAH7 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 45866FAH7 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 45866FAH7 bond over time.
Current vs Lagged Prices |
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45866FAH7 Lagged Returns
When evaluating 45866FAH7's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 45866FAH7 bond have on its future price. 45866FAH7 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, 45866FAH7 autocorrelation shows the relationship between 45866FAH7 bond current value and its past values and can show if there is a momentum factor associated with investing in INTERCONTINENTAL EXCHANGE 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 45866FAH7 Bond
45866FAH7 financial ratios help investors to determine whether 45866FAH7 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 45866FAH7 with respect to the benefits of owning 45866FAH7 security.