3M 3625 percent Market Value
| 88579YAZ4 | 75.02 0.93 1.22% |
| Symbol | 88579YAZ4 |
88579YAZ4 '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 88579YAZ4'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 88579YAZ4.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in 88579YAZ4 on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding 3M 3625 percent or generate 0.0% return on investment in 88579YAZ4 over 720 days. 88579YAZ4 is related to or competes with Joint Stock, Where Food, Canlan Ice, Nextplat Corp, Qualys, Fossil, and Datadog. More
88579YAZ4 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 88579YAZ4'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 3M 3625 percent upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 13.35 | |||
| Value At Risk | (2.25) | |||
| Potential Upside | 2.46 |
88579YAZ4 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 88579YAZ4's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 88579YAZ4's standard deviation. In reality, there are many statistical measures that can use 88579YAZ4 historical prices to predict the future 88579YAZ4's volatility.| Risk Adjusted Performance | 2.0E-4 | |||
| Jensen Alpha | 0.0161 | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | 0.0721 |
3M 3625 percent Backtested Returns
At this point, 88579YAZ4 is very steady. 3M 3625 percent retains Efficiency (Sharpe Ratio) of 0.021, which signifies that the bond had a 0.021% return per unit of price deviation over the last 3 months. We have found twenty-two technical indicators for 88579YAZ4, which you can use to evaluate the volatility of the entity. Please confirm 88579YAZ4's Variance of 3.47, information ratio of (0.08), and Market Risk Adjusted Performance of 0.0821 to double-check if the risk estimate we provide is consistent with the expected return of 0.0301%. The bond owns a Beta (Systematic Risk) of -0.33, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning 88579YAZ4 are expected to decrease at a much lower rate. During the bear market, 88579YAZ4 is likely to outperform the market.
Auto-correlation | -0.26 |
Weak reverse predictability
3M 3625 percent has weak reverse predictability. Overlapping area represents the amount of predictability between 88579YAZ4 time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th 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 3M 3625 percent price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current 88579YAZ4 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 6.74 |
3M 3625 percent lagged returns against current returns
Autocorrelation, which is 88579YAZ4 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 88579YAZ4's bond expected returns. We can calculate the autocorrelation of 88579YAZ4 returns to help us make a trade decision. For example, suppose you find that 88579YAZ4 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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88579YAZ4 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 88579YAZ4 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 88579YAZ4 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 88579YAZ4 bond over time.
Current vs Lagged Prices |
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88579YAZ4 Lagged Returns
When evaluating 88579YAZ4's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 88579YAZ4 bond have on its future price. 88579YAZ4 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, 88579YAZ4 autocorrelation shows the relationship between 88579YAZ4 bond current value and its past values and can show if there is a momentum factor associated with investing in 3M 3625 percent.
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 88579YAZ4 Bond
88579YAZ4 financial ratios help investors to determine whether 88579YAZ4 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 88579YAZ4 with respect to the benefits of owning 88579YAZ4 security.