MICROSOFT P 35 Market Value
| 594918AR5 | 86.84 4.56 5.54% |
| Symbol | 594918AR5 |
594918AR5 '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 594918AR5'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 594918AR5.
| 11/18/2024 |
| 02/16/2025 |
If you would invest 0.00 in 594918AR5 on November 18, 2024 and sell it all today you would earn a total of 0.00 from holding MICROSOFT P 35 or generate 0.0% return on investment in 594918AR5 over 90 days. 594918AR5 is related to or competes with PACCAR, Brunswick, Modine Manufacturing, Fevertree Drinks, Marine Products, Keurig Dr, and BorgWarner. More
594918AR5 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 594918AR5'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 MICROSOFT P 35 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.13 | |||
| Information Ratio | 0.051 | |||
| Maximum Drawdown | 5.65 | |||
| Value At Risk | (1.88) | |||
| Potential Upside | 2.23 |
594918AR5 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 594918AR5's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 594918AR5's standard deviation. In reality, there are many statistical measures that can use 594918AR5 historical prices to predict the future 594918AR5's volatility.| Risk Adjusted Performance | 0.0467 | |||
| Jensen Alpha | 0.0712 | |||
| Total Risk Alpha | 0.069 | |||
| Sortino Ratio | 0.0618 | |||
| Treynor Ratio | (1.06) |
MICROSOFT P 35 Backtested Returns
At this point, 594918AR5 is very steady. MICROSOFT P 35 retains Efficiency (Sharpe Ratio) of 0.0591, which signifies that the bond had a 0.0591 % return per unit of price deviation over the last 3 months. We have found twenty-seven technical indicators for 594918AR5, which you can use to evaluate the volatility of the entity. Please confirm 594918AR5's Market Risk Adjusted Performance of (1.05), mean deviation of 0.9877, and Standard Deviation of 1.37 to double-check if the risk estimate we provide is consistent with the expected return of 0.0812%. The bond owns a Beta (Systematic Risk) of -0.0671, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 594918AR5 are expected to decrease at a much lower rate. During the bear market, 594918AR5 is likely to outperform the market.
Auto-correlation | -0.38 |
Poor reverse predictability
MICROSOFT P 35 has poor reverse predictability. Overlapping area represents the amount of predictability between 594918AR5 time series from 18th of November 2024 to 2nd of January 2025 and 2nd of January 2025 to 16th of February 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 MICROSOFT P 35 price movement. The serial correlation of -0.38 indicates that just about 38.0% of current 594918AR5 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.94 |
MICROSOFT P 35 lagged returns against current returns
Autocorrelation, which is 594918AR5 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 594918AR5's bond expected returns. We can calculate the autocorrelation of 594918AR5 returns to help us make a trade decision. For example, suppose you find that 594918AR5 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 |
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594918AR5 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 594918AR5 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 594918AR5 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 594918AR5 bond over time.
Current vs Lagged Prices |
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594918AR5 Lagged Returns
When evaluating 594918AR5's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 594918AR5 bond have on its future price. 594918AR5 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, 594918AR5 autocorrelation shows the relationship between 594918AR5 bond current value and its past values and can show if there is a momentum factor associated with investing in MICROSOFT P 35.
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 594918AR5 Bond
594918AR5 financial ratios help investors to determine whether 594918AR5 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 594918AR5 with respect to the benefits of owning 594918AR5 security.