LMT 59 15 NOV 63 Market Value
| 539830BY4 | 113.90 7.48 7.03% |
| Symbol | 539830BY4 |
Please note, there is a significant difference between 539830BY4's value and its price as these two are different measures arrived at by different means. Investors typically determine if 539830BY4 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 539830BY4'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.
539830BY4 '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 539830BY4'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 539830BY4.
| 12/06/2022 |
| 11/25/2024 |
If you would invest 0.00 in 539830BY4 on December 6, 2022 and sell it all today you would earn a total of 0.00 from holding LMT 59 15 NOV 63 or generate 0.0% return on investment in 539830BY4 over 720 days. 539830BY4 is related to or competes with 00108WAF7, 90331HPL1, 3M, Alcoa Corp, ATT, Johnson Johnson, and Intel. More
539830BY4 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 539830BY4'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 LMT 59 15 NOV 63 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.48 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 20.93 | |||
| Value At Risk | (3.65) | |||
| Potential Upside | 3.07 |
539830BY4 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 539830BY4's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 539830BY4's standard deviation. In reality, there are many statistical measures that can use 539830BY4 historical prices to predict the future 539830BY4's volatility.| Risk Adjusted Performance | 0.0246 | |||
| Jensen Alpha | 0.0419 | |||
| Total Risk Alpha | (0.42) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.452 |
LMT 59 15 Backtested Returns
At this point, 539830BY4 is very steady. LMT 59 15 secures Sharpe Ratio (or Efficiency) of 6.0E-4, which signifies that the bond had a 6.0E-4% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for LMT 59 15 NOV 63, which you can use to evaluate the volatility of the entity. Please confirm 539830BY4's coefficient of variation of 4469.1, and Mean Deviation of 1.69 to double-check if the risk estimate we provide is consistent with the expected return of 8.0E-4%. The bond shows a Beta (market volatility) of 0.13, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 539830BY4's returns are expected to increase less than the market. However, during the bear market, the loss of holding 539830BY4 is expected to be smaller as well.
Auto-correlation | -0.38 |
Poor reverse predictability
LMT 59 15 NOV 63 has poor reverse predictability. Overlapping area represents the amount of predictability between 539830BY4 time series from 6th of December 2022 to 1st of December 2023 and 1st of December 2023 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 LMT 59 15 price movement. The serial correlation of -0.38 indicates that just about 38.0% of current 539830BY4 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 14.5 |
LMT 59 15 lagged returns against current returns
Autocorrelation, which is 539830BY4 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 539830BY4's bond expected returns. We can calculate the autocorrelation of 539830BY4 returns to help us make a trade decision. For example, suppose you find that 539830BY4 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 |
539830BY4 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 539830BY4 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 539830BY4 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 539830BY4 bond over time.
Current vs Lagged Prices |
| Timeline |
539830BY4 Lagged Returns
When evaluating 539830BY4's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 539830BY4 bond have on its future price. 539830BY4 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, 539830BY4 autocorrelation shows the relationship between 539830BY4 bond current value and its past values and can show if there is a momentum factor associated with investing in LMT 59 15 NOV 63.
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 539830BY4 Bond
539830BY4 financial ratios help investors to determine whether 539830BY4 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 539830BY4 with respect to the benefits of owning 539830BY4 security.