MASCO P 775 Market Value
| 574599AT3 | 112.21 0.14 0.12% |
| Symbol | MASCO |
MASCO '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 MASCO'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 MASCO.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in MASCO on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding MASCO P 775 or generate 0.0% return on investment in MASCO over 30 days. MASCO is related to or competes with Dolphin Entertainment, National CineMedia, BCE, KVH Industries, and WiMi Hologram. More
MASCO 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 MASCO'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 MASCO P 775 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 6.11 | |||
| Value At Risk | (1.21) | |||
| Potential Upside | 1.14 |
MASCO Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MASCO's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MASCO's standard deviation. In reality, there are many statistical measures that can use MASCO historical prices to predict the future MASCO's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | 0.4024 |
MASCO P 775 Backtested Returns
MASCO P 775 has Sharpe Ratio of -0.0051, which conveys that the bond had a -0.0051% return per unit of standard deviation over the last 3 months. MASCO exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MASCO's standard deviation of 0.8484, and Mean Deviation of 0.5732 to check out the risk estimate we provide. The entity secures a Beta (Market Risk) of -0.0865, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning MASCO are expected to decrease at a much lower rate. During the bear market, MASCO is likely to outperform the market.
Auto-correlation | 0.13 |
Insignificant predictability
MASCO P 775 has insignificant predictability. Overlapping area represents the amount of predictability between MASCO time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 MASCO P 775 price movement. The serial correlation of 0.13 indicates that less than 13.0% of current MASCO price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.15 |
MASCO P 775 lagged returns against current returns
Autocorrelation, which is MASCO 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 MASCO's bond expected returns. We can calculate the autocorrelation of MASCO returns to help us make a trade decision. For example, suppose you find that MASCO 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 |
MASCO 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 MASCO bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MASCO bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MASCO bond over time.
Current vs Lagged Prices |
| Timeline |
MASCO Lagged Returns
When evaluating MASCO's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MASCO bond have on its future price. MASCO 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, MASCO autocorrelation shows the relationship between MASCO bond current value and its past values and can show if there is a momentum factor associated with investing in MASCO P 775.
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 MASCO Bond
MASCO financial ratios help investors to determine whether MASCO 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 MASCO with respect to the benefits of owning MASCO security.