PRIVATE EXPT FDG Market Value
| 742651DW9 | 99.13 0.02 0.02% |
| Symbol | PRIVATE |
PRIVATE '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 PRIVATE'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 PRIVATE.
| 09/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in PRIVATE on September 27, 2024 and sell it all today you would earn a total of 0.00 from holding PRIVATE EXPT FDG or generate 0.0% return on investment in PRIVATE over 60 days. PRIVATE is related to or competes with 00108WAF7, 90331HPL1, Bank of America, Take Two, Applied Blockchain, Itron, and Meta Platforms. More
PRIVATE 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 PRIVATE'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 PRIVATE EXPT FDG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.35) | |||
| Maximum Drawdown | 2.74 | |||
| Value At Risk | (0.66) | |||
| Potential Upside | 0.4457 |
PRIVATE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PRIVATE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PRIVATE's standard deviation. In reality, there are many statistical measures that can use PRIVATE historical prices to predict the future PRIVATE's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | 0.1777 |
PRIVATE EXPT FDG Backtested Returns
PRIVATE EXPT FDG maintains Sharpe Ratio (i.e., Efficiency) of -0.13, which implies the entity had a -0.13% return per unit of volatility over the last 3 months. PRIVATE EXPT FDG exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PRIVATE's coefficient of variation of (4,906), and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide. The bond holds a Beta of -0.1, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning PRIVATE are expected to decrease at a much lower rate. During the bear market, PRIVATE is likely to outperform the market.
Auto-correlation | 0.15 |
Insignificant predictability
PRIVATE EXPT FDG has insignificant predictability. Overlapping area represents the amount of predictability between PRIVATE time series from 27th of September 2024 to 27th of October 2024 and 27th of October 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 PRIVATE EXPT FDG price movement. The serial correlation of 0.15 indicates that less than 15.0% of current PRIVATE price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.15 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
PRIVATE EXPT FDG lagged returns against current returns
Autocorrelation, which is PRIVATE 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 PRIVATE's bond expected returns. We can calculate the autocorrelation of PRIVATE returns to help us make a trade decision. For example, suppose you find that PRIVATE 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 |
PRIVATE 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 PRIVATE bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PRIVATE bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PRIVATE bond over time.
Current vs Lagged Prices |
| Timeline |
PRIVATE Lagged Returns
When evaluating PRIVATE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PRIVATE bond have on its future price. PRIVATE 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, PRIVATE autocorrelation shows the relationship between PRIVATE bond current value and its past values and can show if there is a momentum factor associated with investing in PRIVATE EXPT FDG.
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 PRIVATE Bond
PRIVATE financial ratios help investors to determine whether PRIVATE 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 PRIVATE with respect to the benefits of owning PRIVATE security.