STARBUCKS P 45 Market Value
| 855244AS8 | 89.09 4.09 4.81% |
| Symbol | 855244AS8 |
855244AS8 '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 855244AS8'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 855244AS8.
| 02/29/2024 |
| 11/25/2024 |
If you would invest 0.00 in 855244AS8 on February 29, 2024 and sell it all today you would earn a total of 0.00 from holding STARBUCKS P 45 or generate 0.0% return on investment in 855244AS8 over 270 days. 855244AS8 is related to or competes with Eastman Chemical, Avient Corp, Balchem, Naked Wines, Coca Cola, SNDL, and Hawkins. More
855244AS8 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 855244AS8'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 STARBUCKS P 45 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.75 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 10.3 | |||
| Value At Risk | (2.65) | |||
| Potential Upside | 2.04 |
855244AS8 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 855244AS8's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 855244AS8's standard deviation. In reality, there are many statistical measures that can use 855244AS8 historical prices to predict the future 855244AS8's volatility.| Risk Adjusted Performance | 0.0162 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.35) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.04 |
STARBUCKS P 45 Backtested Returns
STARBUCKS P 45 retains Efficiency (Sharpe Ratio) of -0.0919, which signifies that the bond had a -0.0919% return per unit of price deviation over the last 3 months. 855244AS8 exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 855244AS8's Semi Deviation of 1.72, risk adjusted performance of 0.0162, and Coefficient Of Variation of 8047.16 to double-check the risk estimate we provide. The bond owns a Beta (Systematic Risk) of 0.48, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, 855244AS8's returns are expected to increase less than the market. However, during the bear market, the loss of holding 855244AS8 is expected to be smaller as well.
Auto-correlation | -0.56 |
Good reverse predictability
STARBUCKS P 45 has good reverse predictability. Overlapping area represents the amount of predictability between 855244AS8 time series from 29th of February 2024 to 13th of July 2024 and 13th of July 2024 to 25th 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 STARBUCKS P 45 price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current 855244AS8 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.56 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 5.2 |
STARBUCKS P 45 lagged returns against current returns
Autocorrelation, which is 855244AS8 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 855244AS8's bond expected returns. We can calculate the autocorrelation of 855244AS8 returns to help us make a trade decision. For example, suppose you find that 855244AS8 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 |
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855244AS8 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 855244AS8 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 855244AS8 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 855244AS8 bond over time.
Current vs Lagged Prices |
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855244AS8 Lagged Returns
When evaluating 855244AS8's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 855244AS8 bond have on its future price. 855244AS8 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, 855244AS8 autocorrelation shows the relationship between 855244AS8 bond current value and its past values and can show if there is a momentum factor associated with investing in STARBUCKS P 45.
Regressed Prices |
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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 855244AS8 Bond
855244AS8 financial ratios help investors to determine whether 855244AS8 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 855244AS8 with respect to the benefits of owning 855244AS8 security.