55336VAM2's market value is the price at which a share of 55336VAM2 trades on an exchange. It measures the collective expectations of MPLX LP 45 investors about the bond's future performance. With this module, you can estimate the performance of a buy and hold strategy of MPLX LP 45 and determine expected loss or profit from investing in 55336VAM2 over a given investment horizon. Check out 55336VAM2 Correlation, 55336VAM2 Volatility and 55336VAM2 Alpha and Beta module to complement your research on 55336VAM2.
Please note, there is a significant difference between 55336VAM2's value and its price as these two are different measures arrived at by different means. Investors typically determine if 55336VAM2 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 55336VAM2'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.
55336VAM2 '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 55336VAM2'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 55336VAM2.
0.00
12/19/2024
No Change 0.00
0.0
In 31 days
01/18/2025
0.00
If you would invest 0.00 in 55336VAM2 on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding MPLX LP 45 or generate 0.0% return on investment in 55336VAM2 over 30 days. 55336VAM2 is related to or competes with Franklin Wireless, Where Food, Kingdee International, Qualys, Joint Stock, and Datadog. More
55336VAM2 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 55336VAM2'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 MPLX LP 45 upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for 55336VAM2's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 55336VAM2's standard deviation. In reality, there are many statistical measures that can use 55336VAM2 historical prices to predict the future 55336VAM2's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as 55336VAM2. Your research has to be compared to or analyzed against 55336VAM2's peers to derive any actionable benefits. When done correctly, 55336VAM2's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in MPLX LP 45.
MPLX LP 45 Backtested Returns
MPLX LP 45 secures Sharpe Ratio (or Efficiency) of -0.085, which signifies that the bond had a -0.085% return per unit of price deviation over the last 3 months. MPLX LP 45 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 55336VAM2's information ratio of (0.02), and Mean Deviation of 0.9525 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of 0.49, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, 55336VAM2's returns are expected to increase less than the market. However, during the bear market, the loss of holding 55336VAM2 is expected to be smaller as well.
Auto-correlation
-0.04
Very weak reverse predictability
MPLX LP 45 has very weak reverse predictability. Overlapping area represents the amount of predictability between 55336VAM2 time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of MPLX LP 45 price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current 55336VAM2 price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.04
Spearman Rank Test
-0.38
Residual Average
0.0
Price Variance
0.4
MPLX LP 45 lagged returns against current returns
Autocorrelation, which is 55336VAM2 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 55336VAM2's bond expected returns. We can calculate the autocorrelation of 55336VAM2 returns to help us make a trade decision. For example, suppose you find that 55336VAM2 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
55336VAM2 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 55336VAM2 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 55336VAM2 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 55336VAM2 bond over time.
Current vs Lagged Prices
Timeline
55336VAM2 Lagged Returns
When evaluating 55336VAM2's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 55336VAM2 bond have on its future price. 55336VAM2 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, 55336VAM2 autocorrelation shows the relationship between 55336VAM2 bond current value and its past values and can show if there is a momentum factor associated with investing in MPLX LP 45.
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.
55336VAM2 financial ratios help investors to determine whether 55336VAM2 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 55336VAM2 with respect to the benefits of owning 55336VAM2 security.