OXY 7125 15 OCT 27 Market Value
| 674599DQ5 | 103.93 0.00 0.00% |
| Symbol | 674599DQ5 |
Please note, there is a significant difference between 674599DQ5's value and its price as these two are different measures arrived at by different means. Investors typically determine if 674599DQ5 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 674599DQ5'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.
674599DQ5 '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 674599DQ5'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 674599DQ5.
| 01/06/2023 |
| 11/26/2024 |
If you would invest 0.00 in 674599DQ5 on January 6, 2023 and sell it all today you would earn a total of 0.00 from holding OXY 7125 15 OCT 27 or generate 0.0% return on investment in 674599DQ5 over 690 days. 674599DQ5 is related to or competes with 00108WAF7, 90331HPL1, 3M, Alcoa Corp, ATT, Johnson Johnson, and Intel. More
674599DQ5 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 674599DQ5'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 OXY 7125 15 OCT 27 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.07 | |||
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 4.61 | |||
| Value At Risk | (1.58) | |||
| Potential Upside | 1.41 |
674599DQ5 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 674599DQ5's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 674599DQ5's standard deviation. In reality, there are many statistical measures that can use 674599DQ5 historical prices to predict the future 674599DQ5's volatility.| Risk Adjusted Performance | 0.0042 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | (0.05) |
OXY 7125 15 Backtested Returns
OXY 7125 15 secures Sharpe Ratio (or Efficiency) of -0.077, which signifies that the bond had a -0.077% return per unit of return volatility over the last 3 months. OXY 7125 15 OCT 27 exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 674599DQ5's Downside Deviation of 1.07, market risk adjusted performance of (0.04), and Mean Deviation of 0.7744 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of 0.16, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 674599DQ5's returns are expected to increase less than the market. However, during the bear market, the loss of holding 674599DQ5 is expected to be smaller as well.
Auto-correlation | -0.25 |
Weak reverse predictability
OXY 7125 15 OCT 27 has weak reverse predictability. Overlapping area represents the amount of predictability between 674599DQ5 time series from 6th of January 2023 to 17th of December 2023 and 17th of December 2023 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 OXY 7125 15 price movement. The serial correlation of -0.25 indicates that over 25.0% of current 674599DQ5 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 1.16 |
OXY 7125 15 lagged returns against current returns
Autocorrelation, which is 674599DQ5 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 674599DQ5's bond expected returns. We can calculate the autocorrelation of 674599DQ5 returns to help us make a trade decision. For example, suppose you find that 674599DQ5 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 |
674599DQ5 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 674599DQ5 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 674599DQ5 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 674599DQ5 bond over time.
Current vs Lagged Prices |
| Timeline |
674599DQ5 Lagged Returns
When evaluating 674599DQ5's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 674599DQ5 bond have on its future price. 674599DQ5 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, 674599DQ5 autocorrelation shows the relationship between 674599DQ5 bond current value and its past values and can show if there is a momentum factor associated with investing in OXY 7125 15 OCT 27.
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 674599DQ5 Bond
674599DQ5 financial ratios help investors to determine whether 674599DQ5 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 674599DQ5 with respect to the benefits of owning 674599DQ5 security.