Mercer International 55 Market Value
| 588056AW1 | 95.25 0.00 0.00% |
| Symbol | Mercer |
Mercer '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 Mercer'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 Mercer.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Mercer on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Mercer International 55 or generate 0.0% return on investment in Mercer over 510 days. Mercer is related to or competes with Boston Beer, AerSale Corp, Diageo PLC, Hawkins, Porvair Plc, Corporacion America, and Anheuser Busch. More
Mercer 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 Mercer'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 Mercer International 55 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 5.26 | |||
| Value At Risk | (1.48) | |||
| Potential Upside | 1.31 |
Mercer Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mercer's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mercer's standard deviation. In reality, there are many statistical measures that can use Mercer historical prices to predict the future Mercer's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | 1.9 |
Mercer International Backtested Returns
At this point, Mercer is very steady. Mercer International has Sharpe Ratio of 0.0294, which conveys that the entity had a 0.0294% return per unit of risk over the last 3 months. We have found eighteen technical indicators for Mercer, which you can use to evaluate the volatility of the bond. Please verify Mercer's Mean Deviation of 0.5831, standard deviation of 0.8366, and Risk Adjusted Performance of (0.03) to check out if the risk estimate we provide is consistent with the expected return of 0.0276%. The bond secures a Beta (Market Risk) of -0.021, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Mercer are expected to decrease at a much lower rate. During the bear market, Mercer is likely to outperform the market.
Auto-correlation | 0.26 |
Poor predictability
Mercer International 55 has poor predictability. Overlapping area represents the amount of predictability between Mercer time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th 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 Mercer International price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current Mercer price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.81 |
Mercer International lagged returns against current returns
Autocorrelation, which is Mercer 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 Mercer's bond expected returns. We can calculate the autocorrelation of Mercer returns to help us make a trade decision. For example, suppose you find that Mercer 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 |
Mercer 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 Mercer bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mercer bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mercer bond over time.
Current vs Lagged Prices |
| Timeline |
Mercer Lagged Returns
When evaluating Mercer's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mercer bond have on its future price. Mercer 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, Mercer autocorrelation shows the relationship between Mercer bond current value and its past values and can show if there is a momentum factor associated with investing in Mercer International 55.
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 Mercer Bond
Mercer financial ratios help investors to determine whether Mercer 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 Mercer with respect to the benefits of owning Mercer security.