MCBRAC 725 30 JUN 31 Market Value
| 55292WAA8 | 89.25 5.80 6.95% |
| Symbol | MCBRAC |
Please note, there is a significant difference between MCBRAC's value and its price as these two are different measures arrived at by different means. Investors typically determine if MCBRAC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MCBRAC'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.
MCBRAC '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 MCBRAC'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 MCBRAC.
| 11/06/2023 |
| 11/30/2024 |
If you would invest 0.00 in MCBRAC on November 6, 2023 and sell it all today you would earn a total of 0.00 from holding MCBRAC 725 30 JUN 31 or generate 0.0% return on investment in MCBRAC over 390 days. MCBRAC is related to or competes with Bassett Furniture, LENSAR, Live Ventures, Cardinal Health, JBG SMITH, Delek Drilling, and Aquestive Therapeutics. More
MCBRAC 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 MCBRAC'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 MCBRAC 725 30 JUN 31 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.54 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 27.1 | |||
| Value At Risk | (2.79) | |||
| Potential Upside | 2.61 |
MCBRAC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MCBRAC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MCBRAC's standard deviation. In reality, there are many statistical measures that can use MCBRAC historical prices to predict the future MCBRAC's volatility.| Risk Adjusted Performance | 0.0191 | |||
| Jensen Alpha | 0.0205 | |||
| Total Risk Alpha | (0.64) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.2204 |
MCBRAC 725 30 Backtested Returns
At this point, MCBRAC is very steady. MCBRAC 725 30 retains Efficiency (Sharpe Ratio) of 0.0056, which conveys that the bond had a 0.0056% return per unit of return volatility over the last 3 months. We have found twenty-eight technical indicators for MCBRAC, which you can use to evaluate the volatility of the entity. Please verify MCBRAC's Market Risk Adjusted Performance of 0.2304, downside deviation of 3.54, and Mean Deviation of 1.54 to check out if the risk estimate we provide is consistent with the expected return of 0.0099%. The entity owns a Beta (Systematic Risk) of 0.22, which conveys not very significant fluctuations relative to the market. As returns on the market increase, MCBRAC's returns are expected to increase less than the market. However, during the bear market, the loss of holding MCBRAC is expected to be smaller as well.
Auto-correlation | -0.73 |
Almost perfect reverse predictability
MCBRAC 725 30 JUN 31 has almost perfect reverse predictability. Overlapping area represents the amount of predictability between MCBRAC time series from 6th of November 2023 to 19th of May 2024 and 19th of May 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 MCBRAC 725 30 price movement. The serial correlation of -0.73 indicates that around 73.0% of current MCBRAC price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.73 | |
| Spearman Rank Test | -0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 12.01 |
MCBRAC 725 30 lagged returns against current returns
Autocorrelation, which is MCBRAC 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 MCBRAC's bond expected returns. We can calculate the autocorrelation of MCBRAC returns to help us make a trade decision. For example, suppose you find that MCBRAC 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 |
MCBRAC 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 MCBRAC bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MCBRAC bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MCBRAC bond over time.
Current vs Lagged Prices |
| Timeline |
MCBRAC Lagged Returns
When evaluating MCBRAC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MCBRAC bond have on its future price. MCBRAC 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, MCBRAC autocorrelation shows the relationship between MCBRAC bond current value and its past values and can show if there is a momentum factor associated with investing in MCBRAC 725 30 JUN 31.
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 MCBRAC Bond
MCBRAC financial ratios help investors to determine whether MCBRAC 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 MCBRAC with respect to the benefits of owning MCBRAC security.