LOEWS P 375 Market Value
| 540424AS7 | 98.77 0.21 0.21% |
| Symbol | LOEWS |
LOEWS '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 LOEWS'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 LOEWS.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in LOEWS on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding LOEWS P 375 or generate 0.0% return on investment in LOEWS over 720 days. LOEWS is related to or competes with Postal Realty, Merit Medical, Mesa Air, Westinghouse Air, Franklin Wireless, Toro, and Virco Manufacturing. More
LOEWS 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 LOEWS'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 LOEWS P 375 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.48) | |||
| Maximum Drawdown | 2.24 | |||
| Value At Risk | (0.54) | |||
| Potential Upside | 0.2838 |
LOEWS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LOEWS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LOEWS's standard deviation. In reality, there are many statistical measures that can use LOEWS historical prices to predict the future LOEWS's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.10) | |||
| Treynor Ratio | 1.7 |
LOEWS P 375 Backtested Returns
LOEWS P 375 has Sharpe Ratio of -0.11, which conveys that the entity had a -0.11% return per unit of risk over the last 3 months. LOEWS exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify LOEWS's mean deviation of 0.1975, and Risk Adjusted Performance of (0.09) to check out the risk estimate we provide. The bond secures a Beta (Market Risk) of -0.027, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning LOEWS are expected to decrease at a much lower rate. During the bear market, LOEWS is likely to outperform the market.
Auto-correlation | -0.7 |
Very good reverse predictability
LOEWS P 375 has very good reverse predictability. Overlapping area represents the amount of predictability between LOEWS time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th 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 LOEWS P 375 price movement. The serial correlation of -0.7 indicates that around 70.0% of current LOEWS price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.7 | |
| Spearman Rank Test | -0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.61 |
LOEWS P 375 lagged returns against current returns
Autocorrelation, which is LOEWS 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 LOEWS's bond expected returns. We can calculate the autocorrelation of LOEWS returns to help us make a trade decision. For example, suppose you find that LOEWS 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 |
LOEWS 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 LOEWS bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LOEWS bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LOEWS bond over time.
Current vs Lagged Prices |
| Timeline |
LOEWS Lagged Returns
When evaluating LOEWS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LOEWS bond have on its future price. LOEWS 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, LOEWS autocorrelation shows the relationship between LOEWS bond current value and its past values and can show if there is a momentum factor associated with investing in LOEWS P 375.
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 LOEWS Bond
LOEWS financial ratios help investors to determine whether LOEWS 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 LOEWS with respect to the benefits of owning LOEWS security.