PUBLIC SVC O Market Value
| 744448CN9 | 75.00 1.42 1.86% |
| Symbol | PUBLIC |
PUBLIC '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 PUBLIC'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 PUBLIC.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in PUBLIC on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding PUBLIC SVC O or generate 0.0% return on investment in PUBLIC over 30 days. PUBLIC is related to or competes with 00108WAF7, 90331HPL1, Dupont De, Travelers Companies, Exxon, GE Aerospace, and JPMorgan Chase. More
PUBLIC 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 PUBLIC'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 PUBLIC SVC O upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.99 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 8.4 | |||
| Value At Risk | (2.68) | |||
| Potential Upside | 2.22 |
PUBLIC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PUBLIC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PUBLIC's standard deviation. In reality, there are many statistical measures that can use PUBLIC historical prices to predict the future PUBLIC's volatility.| Risk Adjusted Performance | 0.0242 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0887 |
PUBLIC SVC O Backtested Returns
PUBLIC SVC O retains Efficiency (Sharpe Ratio) of -0.24, which implies the entity had a -0.24% return per unit of risk over the last 3 months. PUBLIC exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PUBLIC's semi deviation of 1.91, and Market Risk Adjusted Performance of 0.0987 to confirm the risk estimate we provide. The bond owns a Beta (Systematic Risk) of 0.36, which implies possible diversification benefits within a given portfolio. As returns on the market increase, PUBLIC's returns are expected to increase less than the market. However, during the bear market, the loss of holding PUBLIC is expected to be smaller as well.
Auto-correlation | 0.31 |
Below average predictability
PUBLIC SVC O has below average predictability. Overlapping area represents the amount of predictability between PUBLIC 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 PUBLIC SVC O price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current PUBLIC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.31 | |
| Spearman Rank Test | 0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 2.28 |
PUBLIC SVC O lagged returns against current returns
Autocorrelation, which is PUBLIC 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 PUBLIC's bond expected returns. We can calculate the autocorrelation of PUBLIC returns to help us make a trade decision. For example, suppose you find that PUBLIC 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 |
PUBLIC 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 PUBLIC bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PUBLIC bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PUBLIC bond over time.
Current vs Lagged Prices |
| Timeline |
PUBLIC Lagged Returns
When evaluating PUBLIC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PUBLIC bond have on its future price. PUBLIC 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, PUBLIC autocorrelation shows the relationship between PUBLIC bond current value and its past values and can show if there is a momentum factor associated with investing in PUBLIC SVC O.
Regressed Prices |
| Timeline |
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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 PUBLIC Bond
PUBLIC financial ratios help investors to determine whether PUBLIC 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 PUBLIC with respect to the benefits of owning PUBLIC security.