RAYMOND JAMES FINL Market Value
| 754730AF6 | 90.30 4.28 4.53% |
| Symbol | RAYMOND |
RAYMOND '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 RAYMOND'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 RAYMOND.
| 06/09/2023 |
| 11/30/2024 |
If you would invest 0.00 in RAYMOND on June 9, 2023 and sell it all today you would earn a total of 0.00 from holding RAYMOND JAMES FINL or generate 0.0% return on investment in RAYMOND over 540 days. RAYMOND is related to or competes with Integral, Titan International, Fluent, Maanshan Iron, Software Acquisition, and CECO Environmental. More
RAYMOND 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 RAYMOND'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 RAYMOND JAMES FINL upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 4.76 | |||
| Value At Risk | (2.07) | |||
| Potential Upside | 2.21 |
RAYMOND Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for RAYMOND's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RAYMOND's standard deviation. In reality, there are many statistical measures that can use RAYMOND historical prices to predict the future RAYMOND's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | (0.26) |
RAYMOND JAMES FINL Backtested Returns
RAYMOND JAMES FINL maintains Sharpe Ratio (i.e., Efficiency) of -0.0667, which implies the bond had a -0.0667% return per unit of risk over the last 3 months. RAYMOND JAMES FINL exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check RAYMOND's Information Ratio of (0.18), market risk adjusted performance of (0.25), and Variance of 1.51 to confirm the risk estimate we provide. The entity holds a Beta of 0.35, which implies possible diversification benefits within a given portfolio. As returns on the market increase, RAYMOND's returns are expected to increase less than the market. However, during the bear market, the loss of holding RAYMOND is expected to be smaller as well.
Auto-correlation | 0.37 |
Below average predictability
RAYMOND JAMES FINL has below average predictability. Overlapping area represents the amount of predictability between RAYMOND time series from 9th of June 2023 to 5th of March 2024 and 5th of March 2024 to 30th 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 RAYMOND JAMES FINL price movement. The serial correlation of 0.37 indicates that just about 37.0% of current RAYMOND price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.37 | |
| Spearman Rank Test | 0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 7.05 |
RAYMOND JAMES FINL lagged returns against current returns
Autocorrelation, which is RAYMOND 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 RAYMOND's bond expected returns. We can calculate the autocorrelation of RAYMOND returns to help us make a trade decision. For example, suppose you find that RAYMOND 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 |
RAYMOND 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 RAYMOND bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if RAYMOND bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in RAYMOND bond over time.
Current vs Lagged Prices |
| Timeline |
RAYMOND Lagged Returns
When evaluating RAYMOND's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of RAYMOND bond have on its future price. RAYMOND 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, RAYMOND autocorrelation shows the relationship between RAYMOND bond current value and its past values and can show if there is a momentum factor associated with investing in RAYMOND JAMES FINL.
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 RAYMOND Bond
RAYMOND financial ratios help investors to determine whether RAYMOND 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 RAYMOND with respect to the benefits of owning RAYMOND security.