TOTAL CAPITAL INTERNATIONAL Market Value
| 89153VAW9 | 72.90 5.92 8.84% |
| Symbol | TOTAL |
TOTAL '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 TOTAL'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 TOTAL.
| 12/06/2022 |
| 11/25/2024 |
If you would invest 0.00 in TOTAL on December 6, 2022 and sell it all today you would earn a total of 0.00 from holding TOTAL CAPITAL INTERNATIONAL or generate 0.0% return on investment in TOTAL over 720 days. TOTAL is related to or competes with Fidus Investment, CT Real, Black Hills, Western Asset, Aegon NV, Montauk Renewables, and Postal Realty. More
TOTAL 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 TOTAL'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 TOTAL CAPITAL INTERNATIONAL upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.12 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 6.37 | |||
| Value At Risk | (1.99) | |||
| Potential Upside | 2.16 |
TOTAL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TOTAL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TOTAL's standard deviation. In reality, there are many statistical measures that can use TOTAL historical prices to predict the future TOTAL's volatility.| Risk Adjusted Performance | 0.0479 | |||
| Jensen Alpha | 0.056 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.4185 |
TOTAL CAPITAL INTERN Backtested Returns
At this point, TOTAL is very steady. TOTAL CAPITAL INTERN owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0319, which indicates the bond had a 0.0319% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for TOTAL CAPITAL INTERNATIONAL, which you can use to evaluate the volatility of the bond. Please validate TOTAL's coefficient of variation of 1797.93, and Risk Adjusted Performance of 0.0479 to confirm if the risk estimate we provide is consistent with the expected return of 0.0483%. The entity has a beta of 0.19, which indicates not very significant fluctuations relative to the market. As returns on the market increase, TOTAL's returns are expected to increase less than the market. However, during the bear market, the loss of holding TOTAL is expected to be smaller as well.
Auto-correlation | 0.09 |
Virtually no predictability
TOTAL CAPITAL INTERNATIONAL has virtually no predictability. Overlapping area represents the amount of predictability between TOTAL time series from 6th of December 2022 to 1st of December 2023 and 1st of December 2023 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 TOTAL CAPITAL INTERN price movement. The serial correlation of 0.09 indicates that less than 9.0% of current TOTAL price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.09 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 5.08 |
TOTAL CAPITAL INTERN lagged returns against current returns
Autocorrelation, which is TOTAL 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 TOTAL's bond expected returns. We can calculate the autocorrelation of TOTAL returns to help us make a trade decision. For example, suppose you find that TOTAL 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 |
TOTAL 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 TOTAL bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TOTAL bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TOTAL bond over time.
Current vs Lagged Prices |
| Timeline |
TOTAL Lagged Returns
When evaluating TOTAL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TOTAL bond have on its future price. TOTAL 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, TOTAL autocorrelation shows the relationship between TOTAL bond current value and its past values and can show if there is a momentum factor associated with investing in TOTAL CAPITAL INTERNATIONAL.
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 TOTAL Bond
TOTAL financial ratios help investors to determine whether TOTAL 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 TOTAL with respect to the benefits of owning TOTAL security.