58013MER1's market value is the price at which a share of 58013MER1 trades on an exchange. It measures the collective expectations of MCDONALDS P MEDIUM investors about the bond's future performance. With this module, you can estimate the performance of a buy and hold strategy of MCDONALDS P MEDIUM and determine expected loss or profit from investing in 58013MER1 over a given investment horizon. Check out 58013MER1 Correlation, 58013MER1 Volatility and 58013MER1 Alpha and Beta module to complement your research on 58013MER1.
Please note, there is a significant difference between 58013MER1's value and its price as these two are different measures arrived at by different means. Investors typically determine if 58013MER1 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 58013MER1'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.
58013MER1 '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 58013MER1'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 58013MER1.
0.00
12/20/2024
No Change 0.00
0.0
In 30 days
01/19/2025
0.00
If you would invest 0.00 in 58013MER1 on December 20, 2024 and sell it all today you would earn a total of 0.00 from holding MCDONALDS P MEDIUM or generate 0.0% return on investment in 58013MER1 over 30 days. 58013MER1 is related to or competes with Cardinal Health, ATRenew, Rocky Brands, Skechers USA, Asbury Automotive, Toro, and SunOpta. More
58013MER1 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 58013MER1'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 MCDONALDS P MEDIUM 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 58013MER1's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 58013MER1's standard deviation. In reality, there are many statistical measures that can use 58013MER1 historical prices to predict the future 58013MER1's volatility.
At this point, 58013MER1 is very steady. MCDONALDS P MEDIUM secures Sharpe Ratio (or Efficiency) of 0.0247, which signifies that the bond had a 0.0247% return per unit of price deviation over the last 3 months. We have found twenty-one technical indicators for MCDONALDS P MEDIUM, which you can use to evaluate the volatility of the entity. Please confirm 58013MER1's mean deviation of 1.2, and Information Ratio of (0.04) to double-check if the risk estimate we provide is consistent with the expected return of 0.0376%. The entity shows a Beta (market volatility) of 0.29, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 58013MER1's returns are expected to increase less than the market. However, during the bear market, the loss of holding 58013MER1 is expected to be smaller as well.
Auto-correlation
0.59
Modest predictability
MCDONALDS P MEDIUM has modest predictability. Overlapping area represents the amount of predictability between 58013MER1 time series from 20th of December 2024 to 4th of January 2025 and 4th of January 2025 to 19th 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 MCDONALDS P MEDIUM price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current 58013MER1 price fluctuation can be explain by its past prices.
Correlation Coefficient
0.59
Spearman Rank Test
0.5
Residual Average
0.0
Price Variance
0.23
MCDONALDS P MEDIUM lagged returns against current returns
Autocorrelation, which is 58013MER1 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 58013MER1's bond expected returns. We can calculate the autocorrelation of 58013MER1 returns to help us make a trade decision. For example, suppose you find that 58013MER1 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
58013MER1 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 58013MER1 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 58013MER1 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 58013MER1 bond over time.
Current vs Lagged Prices
Timeline
58013MER1 Lagged Returns
When evaluating 58013MER1's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 58013MER1 bond have on its future price. 58013MER1 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, 58013MER1 autocorrelation shows the relationship between 58013MER1 bond current value and its past values and can show if there is a momentum factor associated with investing in MCDONALDS P MEDIUM.
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.
58013MER1 financial ratios help investors to determine whether 58013MER1 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 58013MER1 with respect to the benefits of owning 58013MER1 security.