MICROSOFT PORATION Market Value
| 594918CD4 | 63.60 1.01 1.61% |
| Symbol | MICROSOFT |
MICROSOFT '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 MICROSOFT'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 MICROSOFT.
| 08/19/2023 |
| 12/11/2024 |
If you would invest 0.00 in MICROSOFT on August 19, 2023 and sell it all today you would earn a total of 0.00 from holding MICROSOFT PORATION or generate 0.0% return on investment in MICROSOFT over 480 days. MICROSOFT is related to or competes with Infosys, Verde Clean, Zedge, Pinterest, and Radcom. More
MICROSOFT 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 MICROSOFT'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 PORATION upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 16.35 | |||
| Value At Risk | (2.62) | |||
| Potential Upside | 1.92 |
MICROSOFT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MICROSOFT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MICROSOFT's standard deviation. In reality, there are many statistical measures that can use MICROSOFT historical prices to predict the future MICROSOFT's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | (0.48) |
MICROSOFT PORATION Backtested Returns
MICROSOFT PORATION retains Efficiency (Sharpe Ratio) of -0.0836, which conveys that the entity had a -0.0836% return per unit of risk over the last 3 months. MICROSOFT exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MICROSOFT's Market Risk Adjusted Performance of (0.47), coefficient of variation of (2,368), and Mean Deviation of 1.18 to check out the risk estimate we provide. The bond owns a Beta (Systematic Risk) of 0.2, which conveys not very significant fluctuations relative to the market. As returns on the market increase, MICROSOFT's returns are expected to increase less than the market. However, during the bear market, the loss of holding MICROSOFT is expected to be smaller as well.
Auto-correlation | 0.43 |
Average predictability
MICROSOFT PORATION has average predictability. Overlapping area represents the amount of predictability between MICROSOFT time series from 19th of August 2023 to 15th of April 2024 and 15th of April 2024 to 11th 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 MICROSOFT PORATION price movement. The serial correlation of 0.43 indicates that just about 43.0% of current MICROSOFT price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 5.87 |
MICROSOFT PORATION lagged returns against current returns
Autocorrelation, which is MICROSOFT 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 MICROSOFT's bond expected returns. We can calculate the autocorrelation of MICROSOFT returns to help us make a trade decision. For example, suppose you find that MICROSOFT 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 |
MICROSOFT 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 MICROSOFT bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MICROSOFT bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MICROSOFT bond over time.
Current vs Lagged Prices |
| Timeline |
MICROSOFT Lagged Returns
When evaluating MICROSOFT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MICROSOFT bond have on its future price. MICROSOFT 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, MICROSOFT autocorrelation shows the relationship between MICROSOFT bond current value and its past values and can show if there is a momentum factor associated with investing in MICROSOFT PORATION.
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 MICROSOFT Bond
MICROSOFT financial ratios help investors to determine whether MICROSOFT 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 MICROSOFT with respect to the benefits of owning MICROSOFT security.