OCPMR 375 23 JUN 31 Market Value
| 67091TAD7 | 76.63 0.00 0.00% |
| Symbol | OCPMR |
Please note, there is a significant difference between OCPMR's value and its price as these two are different measures arrived at by different means. Investors typically determine if OCPMR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OCPMR's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
OCPMR '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 OCPMR'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 OCPMR.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in OCPMR on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding OCPMR 375 23 JUN 31 or generate 0.0% return on investment in OCPMR over 30 days. OCPMR is related to or competes with ATT, Home Depot, Cisco Systems, Dupont De, GE Aerospace, Johnson Johnson, and Intel. More
OCPMR 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 OCPMR'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 OCPMR 375 23 JUN 31 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 11.04 | |||
| Value At Risk | (1.29) | |||
| Potential Upside | 1.3 |
OCPMR Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for OCPMR's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as OCPMR's standard deviation. In reality, there are many statistical measures that can use OCPMR historical prices to predict the future OCPMR's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | (0.54) |
OCPMR 375 23 Backtested Returns
OCPMR 375 23 maintains Sharpe Ratio (i.e., Efficiency) of -0.22, which implies the bond had a -0.22% return per unit of volatility over the last 3 months. OCPMR 375 23 exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check OCPMR's market risk adjusted performance of (0.53), and Variance of 3.53 to confirm the risk estimate we provide. The entity holds a Beta of 0.17, which implies not very significant fluctuations relative to the market. As returns on the market increase, OCPMR's returns are expected to increase less than the market. However, during the bear market, the loss of holding OCPMR is expected to be smaller as well.
Auto-correlation | 0.25 |
Poor predictability
OCPMR 375 23 JUN 31 has poor predictability. Overlapping area represents the amount of predictability between OCPMR time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 OCPMR 375 23 price movement. The serial correlation of 0.25 indicates that over 25.0% of current OCPMR price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 15.1 |
OCPMR 375 23 lagged returns against current returns
Autocorrelation, which is OCPMR 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 OCPMR's bond expected returns. We can calculate the autocorrelation of OCPMR returns to help us make a trade decision. For example, suppose you find that OCPMR 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 |
OCPMR 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 OCPMR bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if OCPMR bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in OCPMR bond over time.
Current vs Lagged Prices |
| Timeline |
OCPMR Lagged Returns
When evaluating OCPMR's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of OCPMR bond have on its future price. OCPMR 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, OCPMR autocorrelation shows the relationship between OCPMR bond current value and its past values and can show if there is a momentum factor associated with investing in OCPMR 375 23 JUN 31.
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 OCPMR Bond
OCPMR financial ratios help investors to determine whether OCPMR 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 OCPMR with respect to the benefits of owning OCPMR security.