NUCOR P 52 Market Value
| 670346AN5 | 99.47 4.01 4.20% |
| Symbol | NUCOR |
NUCOR '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 NUCOR'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 NUCOR.
| 09/03/2024 |
| 01/31/2025 |
If you would invest 0.00 in NUCOR on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding NUCOR P 52 or generate 0.0% return on investment in NUCOR over 150 days. NUCOR is related to or competes with Freedom Internet, Air Products, Asure Software, Ecovyst, Hawkins, X-FAB Silicon, and Park Electrochemical. More
NUCOR 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 NUCOR'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 NUCOR P 52 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.46 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 16.67 | |||
| Value At Risk | (2.90) | |||
| Potential Upside | 4.2 |
NUCOR Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NUCOR's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NUCOR's standard deviation. In reality, there are many statistical measures that can use NUCOR historical prices to predict the future NUCOR's volatility.| Risk Adjusted Performance | 0.0135 | |||
| Jensen Alpha | 0.025 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.06) |
NUCOR P 52 Backtested Returns
At this point, NUCOR is very steady. NUCOR P 52 retains Efficiency (Sharpe Ratio) of 0.0711, which conveys that the entity had a 0.0711 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for NUCOR, which you can use to evaluate the volatility of the bond. Please verify NUCOR's Mean Deviation of 1.46, market risk adjusted performance of (0.05), and Semi Deviation of 2.38 to check out if the risk estimate we provide is consistent with the expected return of 0.13%. The bond owns a Beta (Systematic Risk) of -0.17, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning NUCOR are expected to decrease at a much lower rate. During the bear market, NUCOR is likely to outperform the market.
Auto-correlation | 0.15 |
Insignificant predictability
NUCOR P 52 has insignificant predictability. Overlapping area represents the amount of predictability between NUCOR time series from 3rd of September 2024 to 17th of November 2024 and 17th of November 2024 to 31st of January 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 NUCOR P 52 price movement. The serial correlation of 0.15 indicates that less than 15.0% of current NUCOR price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.15 | |
| Spearman Rank Test | -0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 6.51 |
NUCOR P 52 lagged returns against current returns
Autocorrelation, which is NUCOR 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 NUCOR's bond expected returns. We can calculate the autocorrelation of NUCOR returns to help us make a trade decision. For example, suppose you find that NUCOR 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 |
NUCOR 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 NUCOR bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NUCOR bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NUCOR bond over time.
Current vs Lagged Prices |
| Timeline |
NUCOR Lagged Returns
When evaluating NUCOR's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NUCOR bond have on its future price. NUCOR 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, NUCOR autocorrelation shows the relationship between NUCOR bond current value and its past values and can show if there is a momentum factor associated with investing in NUCOR P 52.
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 NUCOR Bond
NUCOR financial ratios help investors to determine whether NUCOR 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 NUCOR with respect to the benefits of owning NUCOR security.