PRU 42 28 AUG 25 Market Value
| 74153WCR8 | 98.77 0.00 0.00% |
| Symbol | 74153WCR8 |
Please note, there is a significant difference between 74153WCR8's value and its price as these two are different measures arrived at by different means. Investors typically determine if 74153WCR8 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 74153WCR8'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.
74153WCR8 '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 74153WCR8'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 74153WCR8.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in 74153WCR8 on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding PRU 42 28 AUG 25 or generate 0.0% return on investment in 74153WCR8 over 30 days. 74153WCR8 is related to or competes with Boston Omaha, Dave Busters, Zoom Video, BOS Better, Integral, Biglari Holdings, and Cheesecake Factory. More
74153WCR8 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 74153WCR8'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 PRU 42 28 AUG 25 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.276 | |||
| Information Ratio | (0.46) | |||
| Maximum Drawdown | 1.56 | |||
| Value At Risk | (0.24) | |||
| Potential Upside | 0.3155 |
74153WCR8 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 74153WCR8's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 74153WCR8's standard deviation. In reality, there are many statistical measures that can use 74153WCR8 historical prices to predict the future 74153WCR8's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.46) | |||
| Treynor Ratio | 0.1556 |
PRU 42 28 Backtested Returns
PRU 42 28 secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the bond had a -0.12% return per unit of return volatility over the last 3 months. PRU 42 28 AUG 25 exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 74153WCR8's Mean Deviation of 0.1339, market risk adjusted performance of 0.1656, and Downside Deviation of 0.276 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.05, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 74153WCR8 are expected to decrease at a much lower rate. During the bear market, 74153WCR8 is likely to outperform the market.
Auto-correlation | 0.03 |
Virtually no predictability
PRU 42 28 AUG 25 has virtually no predictability. Overlapping area represents the amount of predictability between 74153WCR8 time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 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 PRU 42 28 price movement. The serial correlation of 0.03 indicates that only 3.0% of current 74153WCR8 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | -0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.21 |
PRU 42 28 lagged returns against current returns
Autocorrelation, which is 74153WCR8 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 74153WCR8's bond expected returns. We can calculate the autocorrelation of 74153WCR8 returns to help us make a trade decision. For example, suppose you find that 74153WCR8 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 |
74153WCR8 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 74153WCR8 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 74153WCR8 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 74153WCR8 bond over time.
Current vs Lagged Prices |
| Timeline |
74153WCR8 Lagged Returns
When evaluating 74153WCR8's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 74153WCR8 bond have on its future price. 74153WCR8 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, 74153WCR8 autocorrelation shows the relationship between 74153WCR8 bond current value and its past values and can show if there is a momentum factor associated with investing in PRU 42 28 AUG 25.
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 74153WCR8 Bond
74153WCR8 financial ratios help investors to determine whether 74153WCR8 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 74153WCR8 with respect to the benefits of owning 74153WCR8 security.