PEP 36 18 FEB 28 Market Value
| 713448FL7 | 95.49 1.90 1.95% |
| Symbol | 713448FL7 |
Please note, there is a significant difference between 713448FL7's value and its price as these two are different measures arrived at by different means. Investors typically determine if 713448FL7 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 713448FL7'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.
713448FL7 '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 713448FL7'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 713448FL7.
| 12/07/2022 |
| 11/26/2024 |
If you would invest 0.00 in 713448FL7 on December 7, 2022 and sell it all today you would earn a total of 0.00 from holding PEP 36 18 FEB 28 or generate 0.0% return on investment in 713448FL7 over 720 days. 713448FL7 is related to or competes with 00108WAF7, 90331HPL1, 3M, Alcoa Corp, ATT, Johnson Johnson, and Intel. More
713448FL7 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 713448FL7'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 PEP 36 18 FEB 28 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.47) | |||
| Maximum Drawdown | 2.14 | |||
| Value At Risk | (0.87) | |||
| Potential Upside | 0.5718 |
713448FL7 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 713448FL7's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 713448FL7's standard deviation. In reality, there are many statistical measures that can use 713448FL7 historical prices to predict the future 713448FL7's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | 1.17 |
PEP 36 18 Backtested Returns
PEP 36 18 secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the bond had a -0.12% return per unit of risk over the last 3 months. PEP 36 18 FEB 28 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 713448FL7's Mean Deviation of 0.2511, market risk adjusted performance of 1.18, and Variance of 0.1605 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.0568, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 713448FL7 are expected to decrease at a much lower rate. During the bear market, 713448FL7 is likely to outperform the market.
Auto-correlation | -0.68 |
Very good reverse predictability
PEP 36 18 FEB 28 has very good reverse predictability. Overlapping area represents the amount of predictability between 713448FL7 time series from 7th of December 2022 to 2nd of December 2023 and 2nd 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 PEP 36 18 price movement. The serial correlation of -0.68 indicates that around 68.0% of current 713448FL7 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.68 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 1.32 |
PEP 36 18 lagged returns against current returns
Autocorrelation, which is 713448FL7 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 713448FL7's bond expected returns. We can calculate the autocorrelation of 713448FL7 returns to help us make a trade decision. For example, suppose you find that 713448FL7 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 |
713448FL7 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 713448FL7 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 713448FL7 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 713448FL7 bond over time.
Current vs Lagged Prices |
| Timeline |
713448FL7 Lagged Returns
When evaluating 713448FL7's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 713448FL7 bond have on its future price. 713448FL7 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, 713448FL7 autocorrelation shows the relationship between 713448FL7 bond current value and its past values and can show if there is a momentum factor associated with investing in PEP 36 18 FEB 28.
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 713448FL7 Bond
713448FL7 financial ratios help investors to determine whether 713448FL7 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 713448FL7 with respect to the benefits of owning 713448FL7 security.