MCDONALDS P MEDIUM Market Value
| 58013MEU4 | 98.10 0.58 0.59% |
| Symbol | 58013MEU4 |
58013MEU4 '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 58013MEU4'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 58013MEU4.
| 12/19/2023 |
| 12/13/2024 |
If you would invest 0.00 in 58013MEU4 on December 19, 2023 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 58013MEU4 over 360 days. 58013MEU4 is related to or competes with Air Products, Insteel Industries, Lion One, Hawkins, Algoma Steel, Yuexiu Transport, and Axalta Coating. More
58013MEU4 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 58013MEU4'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.
| Information Ratio | (0.27) | |||
| Maximum Drawdown | 3.28 | |||
| Value At Risk | (0.42) | |||
| Potential Upside | 0.3999 |
58013MEU4 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 58013MEU4's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 58013MEU4's standard deviation. In reality, there are many statistical measures that can use 58013MEU4 historical prices to predict the future 58013MEU4's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | 1.15 |
MCDONALDS P MEDIUM Backtested Returns
MCDONALDS P MEDIUM secures Sharpe Ratio (or Efficiency) of -0.0543, which signifies that the bond had a -0.0543% return per unit of price deviation over the last 3 months. MCDONALDS P MEDIUM exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 58013MEU4's mean deviation of 0.2086, and Information Ratio of (0.27) to double-check the risk estimate we provide. The entity shows a Beta (market volatility) of -0.0205, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 58013MEU4 are expected to decrease at a much lower rate. During the bear market, 58013MEU4 is likely to outperform the market.
Auto-correlation | -0.05 |
Very weak reverse predictability
MCDONALDS P MEDIUM has very weak reverse predictability. Overlapping area represents the amount of predictability between 58013MEU4 time series from 19th of December 2023 to 16th of June 2024 and 16th of June 2024 to 13th of December 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 MCDONALDS P MEDIUM price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current 58013MEU4 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.2 |
MCDONALDS P MEDIUM lagged returns against current returns
Autocorrelation, which is 58013MEU4 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 58013MEU4's bond expected returns. We can calculate the autocorrelation of 58013MEU4 returns to help us make a trade decision. For example, suppose you find that 58013MEU4 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 |
58013MEU4 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 58013MEU4 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 58013MEU4 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 58013MEU4 bond over time.
Current vs Lagged Prices |
| Timeline |
58013MEU4 Lagged Returns
When evaluating 58013MEU4's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 58013MEU4 bond have on its future price. 58013MEU4 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, 58013MEU4 autocorrelation shows the relationship between 58013MEU4 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.Other Information on Investing in 58013MEU4 Bond
58013MEU4 financial ratios help investors to determine whether 58013MEU4 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 58013MEU4 with respect to the benefits of owning 58013MEU4 security.