Toll Brothers 4875 Market Value
| 88947EAR1 | 97.85 2.09 2.09% |
| Symbol | 88947EAR1 |
88947EAR1 '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 88947EAR1'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 88947EAR1.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in 88947EAR1 on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Toll Brothers 4875 or generate 0.0% return on investment in 88947EAR1 over 720 days. 88947EAR1 is related to or competes with Coca Cola, JPMorgan Chase, Dupont De, Alcoa Corp, Boeing, Microsoft, and Procter Gamble. More
88947EAR1 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 88947EAR1'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 Toll Brothers 4875 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 3.94 | |||
| Value At Risk | (0.51) | |||
| Potential Upside | 0.5737 |
88947EAR1 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 88947EAR1's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 88947EAR1's standard deviation. In reality, there are many statistical measures that can use 88947EAR1 historical prices to predict the future 88947EAR1's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (4.52) |
Toll Brothers 4875 Backtested Returns
Toll Brothers 4875 secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the bond had a -0.11% return per unit of standard deviation over the last 3 months. Toll Brothers 4875 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 88947EAR1's Coefficient Of Variation of (1,871), risk adjusted performance of (0.04), and Mean Deviation of 0.2919 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of 0.0087, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 88947EAR1's returns are expected to increase less than the market. However, during the bear market, the loss of holding 88947EAR1 is expected to be smaller as well.
Auto-correlation | 0.05 |
Virtually no predictability
Toll Brothers 4875 has virtually no predictability. Overlapping area represents the amount of predictability between 88947EAR1 time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd 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 Toll Brothers 4875 price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current 88947EAR1 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.05 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.23 |
Toll Brothers 4875 lagged returns against current returns
Autocorrelation, which is 88947EAR1 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 88947EAR1's bond expected returns. We can calculate the autocorrelation of 88947EAR1 returns to help us make a trade decision. For example, suppose you find that 88947EAR1 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 |
88947EAR1 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 88947EAR1 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 88947EAR1 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 88947EAR1 bond over time.
Current vs Lagged Prices |
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88947EAR1 Lagged Returns
When evaluating 88947EAR1's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 88947EAR1 bond have on its future price. 88947EAR1 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, 88947EAR1 autocorrelation shows the relationship between 88947EAR1 bond current value and its past values and can show if there is a momentum factor associated with investing in Toll Brothers 4875.
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 88947EAR1 Bond
88947EAR1 financial ratios help investors to determine whether 88947EAR1 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 88947EAR1 with respect to the benefits of owning 88947EAR1 security.