MPLX LP 47 Market Value
| 55336VAN0 | 82.34 0.22 0.27% |
| Symbol | 55336VAN0 |
55336VAN0 '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 55336VAN0'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 55336VAN0.
| 03/12/2023 |
| 01/30/2025 |
If you would invest 0.00 in 55336VAN0 on March 12, 2023 and sell it all today you would earn a total of 0.00 from holding MPLX LP 47 or generate 0.0% return on investment in 55336VAN0 over 690 days. 55336VAN0 is related to or competes with Westshore Terminals, Canaf Investments, Yuexiu Transport, Lion One, and Black Mammoth. More
55336VAN0 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 55336VAN0'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 47 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 12.93 | |||
| Value At Risk | (2.06) | |||
| Potential Upside | 1.5 |
55336VAN0 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 55336VAN0's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 55336VAN0's standard deviation. In reality, there are many statistical measures that can use 55336VAN0 historical prices to predict the future 55336VAN0's volatility.| Risk Adjusted Performance | 2.0E-4 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | 0.117 |
MPLX LP 47 Backtested Returns
MPLX LP 47 secures Sharpe Ratio (or Efficiency) of close to zero, which signifies that the bond had a close to zero % return per unit of price deviation over the last 3 months. MPLX LP 47 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 55336VAN0's information ratio of (0.05), and Mean Deviation of 1.03 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.21, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 55336VAN0 are expected to decrease at a much lower rate. During the bear market, 55336VAN0 is likely to outperform the market.
Auto-correlation | -0.31 |
Poor reverse predictability
MPLX LP 47 has poor reverse predictability. Overlapping area represents the amount of predictability between 55336VAN0 time series from 12th of March 2023 to 20th of February 2024 and 20th of February 2024 to 30th 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 47 price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current 55336VAN0 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 3.72 |
MPLX LP 47 lagged returns against current returns
Autocorrelation, which is 55336VAN0 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 55336VAN0's bond expected returns. We can calculate the autocorrelation of 55336VAN0 returns to help us make a trade decision. For example, suppose you find that 55336VAN0 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 |
55336VAN0 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 55336VAN0 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 55336VAN0 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 55336VAN0 bond over time.
Current vs Lagged Prices |
| Timeline |
55336VAN0 Lagged Returns
When evaluating 55336VAN0's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 55336VAN0 bond have on its future price. 55336VAN0 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, 55336VAN0 autocorrelation shows the relationship between 55336VAN0 bond current value and its past values and can show if there is a momentum factor associated with investing in MPLX LP 47.
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 55336VAN0 Bond
55336VAN0 financial ratios help investors to determine whether 55336VAN0 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 55336VAN0 with respect to the benefits of owning 55336VAN0 security.