LLOYDS 8 Market Value
| 53944YAV5 | 101.52 2.67 2.56% |
| Symbol | LLOYDS |
Please note, there is a significant difference between LLOYDS's value and its price as these two are different measures arrived at by different means. Investors typically determine if LLOYDS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LLOYDS'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.
LLOYDS '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 LLOYDS'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 LLOYDS.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in LLOYDS on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding LLOYDS 8 or generate 0.0% return on investment in LLOYDS over 30 days. LLOYDS is related to or competes with Datadog, Cadence Design, Monster Beverage, Constellation Brands, Zhihu, Q2 Holdings, and Asure Software. More
LLOYDS 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 LLOYDS'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 LLOYDS 8 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 7.52 | |||
| Value At Risk | (0.96) | |||
| Potential Upside | 0.8962 |
LLOYDS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LLOYDS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LLOYDS's standard deviation. In reality, there are many statistical measures that can use LLOYDS historical prices to predict the future LLOYDS's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | 3.56 |
LLOYDS 8 Backtested Returns
LLOYDS 8 has Sharpe Ratio of -0.16, which conveys that the entity had a -0.16% return per unit of volatility over the last 3 months. LLOYDS exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify LLOYDS's mean deviation of 0.5049, and Risk Adjusted Performance of (0.02) to check out the risk estimate we provide. The bond secures a Beta (Market Risk) of -0.0104, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning LLOYDS are expected to decrease at a much lower rate. During the bear market, LLOYDS is likely to outperform the market.
Auto-correlation | 0.85 |
Very good predictability
LLOYDS 8 has very good predictability. Overlapping area represents the amount of predictability between LLOYDS time series from 31st of October 2024 to 15th of November 2024 and 15th of November 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 LLOYDS 8 price movement. The serial correlation of 0.85 indicates that around 85.0% of current LLOYDS price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.85 | |
| Spearman Rank Test | 0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 4.17 |
LLOYDS 8 lagged returns against current returns
Autocorrelation, which is LLOYDS 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 LLOYDS's bond expected returns. We can calculate the autocorrelation of LLOYDS returns to help us make a trade decision. For example, suppose you find that LLOYDS 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 |
LLOYDS 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 LLOYDS bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LLOYDS bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LLOYDS bond over time.
Current vs Lagged Prices |
| Timeline |
LLOYDS Lagged Returns
When evaluating LLOYDS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LLOYDS bond have on its future price. LLOYDS 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, LLOYDS autocorrelation shows the relationship between LLOYDS bond current value and its past values and can show if there is a momentum factor associated with investing in LLOYDS 8.
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 LLOYDS Bond
LLOYDS financial ratios help investors to determine whether LLOYDS 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 LLOYDS with respect to the benefits of owning LLOYDS security.