MEAD JOHNSON NUTRITION Market Value
| 582839AG1 | 92.68 4.73 5.38% |
| Symbol | 582839AG1 |
582839AG1 '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 582839AG1'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 582839AG1.
| 12/01/2023 |
| 11/25/2024 |
If you would invest 0.00 in 582839AG1 on December 1, 2023 and sell it all today you would earn a total of 0.00 from holding MEAD JOHNSON NUTRITION or generate 0.0% return on investment in 582839AG1 over 360 days. 582839AG1 is related to or competes with Coca Cola, JPMorgan Chase, Dupont De, Alcoa Corp, Boeing, Microsoft, and Procter Gamble. More
582839AG1 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 582839AG1'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 MEAD JOHNSON NUTRITION upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.01 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 10.19 | |||
| Value At Risk | (3.24) | |||
| Potential Upside | 4.0 |
582839AG1 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 582839AG1's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 582839AG1's standard deviation. In reality, there are many statistical measures that can use 582839AG1 historical prices to predict the future 582839AG1's volatility.| Risk Adjusted Performance | 0.0482 | |||
| Jensen Alpha | 0.0543 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.252 |
MEAD JOHNSON NUTRITION Backtested Returns
MEAD JOHNSON NUTRITION retains Efficiency (Sharpe Ratio) of -0.12, which signifies that the bond had a -0.12% return per unit of price deviation over the last 3 months. 582839AG1 exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 582839AG1's Market Risk Adjusted Performance of 0.262, standard deviation of 2.09, and Mean Deviation of 1.31 to double-check the risk estimate we provide. The bond owns a Beta (Systematic Risk) of 0.41, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, 582839AG1's returns are expected to increase less than the market. However, during the bear market, the loss of holding 582839AG1 is expected to be smaller as well.
Auto-correlation | -0.54 |
Good reverse predictability
MEAD JOHNSON NUTRITION has good reverse predictability. Overlapping area represents the amount of predictability between 582839AG1 time series from 1st of December 2023 to 29th of May 2024 and 29th of May 2024 to 25th 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 MEAD JOHNSON NUTRITION price movement. The serial correlation of -0.54 indicates that about 54.0% of current 582839AG1 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.54 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 3.72 |
MEAD JOHNSON NUTRITION lagged returns against current returns
Autocorrelation, which is 582839AG1 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 582839AG1's bond expected returns. We can calculate the autocorrelation of 582839AG1 returns to help us make a trade decision. For example, suppose you find that 582839AG1 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 |
582839AG1 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 582839AG1 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 582839AG1 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 582839AG1 bond over time.
Current vs Lagged Prices |
| Timeline |
582839AG1 Lagged Returns
When evaluating 582839AG1's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 582839AG1 bond have on its future price. 582839AG1 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, 582839AG1 autocorrelation shows the relationship between 582839AG1 bond current value and its past values and can show if there is a momentum factor associated with investing in MEAD JOHNSON NUTRITION.
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 582839AG1 Bond
582839AG1 financial ratios help investors to determine whether 582839AG1 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 582839AG1 with respect to the benefits of owning 582839AG1 security.