SHIFT4 PMTS LLC Market Value
| 82453AAA5 | 94.35 4.35 4.41% |
| Symbol | SHIFT4 |
SHIFT4 '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 SHIFT4'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 SHIFT4.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in SHIFT4 on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding SHIFT4 PMTS LLC or generate 0.0% return on investment in SHIFT4 over 30 days. SHIFT4 is related to or competes with 00108WAF7, 90331HPL1, Bank of America, GE Aerospace, Dupont De, International Business, and McDonalds. More
SHIFT4 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 SHIFT4'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 SHIFT4 PMTS LLC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.31) | |||
| Maximum Drawdown | 3.84 | |||
| Value At Risk | (0.55) | |||
| Potential Upside | 0.4819 |
SHIFT4 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SHIFT4's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SHIFT4's standard deviation. In reality, there are many statistical measures that can use SHIFT4 historical prices to predict the future SHIFT4's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | 0.9277 |
SHIFT4 PMTS LLC Backtested Returns
SHIFT4 PMTS LLC owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the bond had a -0.12% return per unit of volatility over the last 3 months. SHIFT4 PMTS LLC exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SHIFT4's risk adjusted performance of (0.07), and Variance of 0.3244 to confirm the risk estimate we provide. The entity has a beta of -0.065, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning SHIFT4 are expected to decrease at a much lower rate. During the bear market, SHIFT4 is likely to outperform the market.
Auto-correlation | 0.14 |
Insignificant predictability
SHIFT4 PMTS LLC has insignificant predictability. Overlapping area represents the amount of predictability between SHIFT4 time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 SHIFT4 PMTS LLC price movement. The serial correlation of 0.14 indicates that less than 14.0% of current SHIFT4 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.14 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 1.78 |
SHIFT4 PMTS LLC lagged returns against current returns
Autocorrelation, which is SHIFT4 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 SHIFT4's bond expected returns. We can calculate the autocorrelation of SHIFT4 returns to help us make a trade decision. For example, suppose you find that SHIFT4 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 |
SHIFT4 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 SHIFT4 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SHIFT4 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SHIFT4 bond over time.
Current vs Lagged Prices |
| Timeline |
SHIFT4 Lagged Returns
When evaluating SHIFT4's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SHIFT4 bond have on its future price. SHIFT4 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, SHIFT4 autocorrelation shows the relationship between SHIFT4 bond current value and its past values and can show if there is a momentum factor associated with investing in SHIFT4 PMTS LLC.
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 SHIFT4 Bond
SHIFT4 financial ratios help investors to determine whether SHIFT4 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 SHIFT4 with respect to the benefits of owning SHIFT4 security.