SYSCO P 375 Market Value
| 871829AZ0 | 97.57 1.60 1.61% |
| Symbol | SYSCO |
SYSCO '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 SYSCO'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 SYSCO.
| 10/31/2023 |
| 11/24/2024 |
If you would invest 0.00 in SYSCO on October 31, 2023 and sell it all today you would earn a total of 0.00 from holding SYSCO P 375 or generate 0.0% return on investment in SYSCO over 390 days. SYSCO is related to or competes with Coca Cola, JPMorgan Chase, Dupont De, Alcoa Corp, Boeing, Microsoft, and Procter Gamble. More
SYSCO 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 SYSCO'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 SYSCO P 375 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.49) | |||
| Maximum Drawdown | 2.05 | |||
| Value At Risk | (0.34) | |||
| Potential Upside | 0.2526 |
SYSCO Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SYSCO's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SYSCO's standard deviation. In reality, there are many statistical measures that can use SYSCO historical prices to predict the future SYSCO's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | 2.82 |
SYSCO P 375 Backtested Returns
SYSCO P 375 owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the bond had a -0.11% return per unit of standard deviation over the last 3 months. SYSCO P 375 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SYSCO's variance of 0.0954, and Risk Adjusted Performance of (0.07) to confirm the risk estimate we provide. The entity has a beta of -0.0112, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning SYSCO are expected to decrease at a much lower rate. During the bear market, SYSCO is likely to outperform the market.
Auto-correlation | 0.58 |
Modest predictability
SYSCO P 375 has modest predictability. Overlapping area represents the amount of predictability between SYSCO time series from 31st of October 2023 to 13th of May 2024 and 13th of May 2024 to 24th 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 SYSCO P 375 price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current SYSCO price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.58 | |
| Spearman Rank Test | 0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.39 |
SYSCO P 375 lagged returns against current returns
Autocorrelation, which is SYSCO 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 SYSCO's bond expected returns. We can calculate the autocorrelation of SYSCO returns to help us make a trade decision. For example, suppose you find that SYSCO 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 |
SYSCO 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 SYSCO bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SYSCO bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SYSCO bond over time.
Current vs Lagged Prices |
| Timeline |
SYSCO Lagged Returns
When evaluating SYSCO's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SYSCO bond have on its future price. SYSCO 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, SYSCO autocorrelation shows the relationship between SYSCO bond current value and its past values and can show if there is a momentum factor associated with investing in SYSCO P 375.
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 SYSCO Bond
SYSCO financial ratios help investors to determine whether SYSCO 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 SYSCO with respect to the benefits of owning SYSCO security.