TE Connectivity 7125 Market Value
| 902133AG2 | 116.59 1.13 0.98% |
| Symbol | 902133AG2 |
902133AG2 '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 902133AG2'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 902133AG2.
| 05/30/2024 |
| 11/26/2024 |
If you would invest 0.00 in 902133AG2 on May 30, 2024 and sell it all today you would earn a total of 0.00 from holding TE Connectivity 7125 or generate 0.0% return on investment in 902133AG2 over 180 days. 902133AG2 is related to or competes with Coca Cola, JPMorgan Chase, Dupont De, Alcoa Corp, Boeing, Microsoft, and Procter Gamble. More
902133AG2 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 902133AG2'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 TE Connectivity 7125 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 5.74 | |||
| Value At Risk | (1.52) | |||
| Potential Upside | 1.89 |
902133AG2 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 902133AG2's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 902133AG2's standard deviation. In reality, there are many statistical measures that can use 902133AG2 historical prices to predict the future 902133AG2's volatility.| Risk Adjusted Performance | (0.0003) | |||
| Jensen Alpha | 0.0055 | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | 0.0858 |
TE Connectivity 7125 Backtested Returns
TE Connectivity 7125 retains Efficiency (Sharpe Ratio) of -0.13, which signifies that the bond had a -0.13% return per unit of price deviation over the last 3 months. 902133AG2 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 902133AG2's Coefficient Of Variation of (24,064), risk adjusted performance of (0.0003), and Variance of 1.16 to double-check the risk estimate we provide. The bond owns a Beta (Systematic Risk) of -0.17, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 902133AG2 are expected to decrease at a much lower rate. During the bear market, 902133AG2 is likely to outperform the market.
Auto-correlation | 0.20 |
Weak predictability
TE Connectivity 7125 has weak predictability. Overlapping area represents the amount of predictability between 902133AG2 time series from 30th of May 2024 to 28th of August 2024 and 28th of August 2024 to 26th 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 TE Connectivity 7125 price movement. The serial correlation of 0.2 indicates that over 20.0% of current 902133AG2 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.2 | |
| Spearman Rank Test | -0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 5.94 |
TE Connectivity 7125 lagged returns against current returns
Autocorrelation, which is 902133AG2 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 902133AG2's bond expected returns. We can calculate the autocorrelation of 902133AG2 returns to help us make a trade decision. For example, suppose you find that 902133AG2 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 |
902133AG2 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 902133AG2 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 902133AG2 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 902133AG2 bond over time.
Current vs Lagged Prices |
| Timeline |
902133AG2 Lagged Returns
When evaluating 902133AG2's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 902133AG2 bond have on its future price. 902133AG2 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, 902133AG2 autocorrelation shows the relationship between 902133AG2 bond current value and its past values and can show if there is a momentum factor associated with investing in TE Connectivity 7125.
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 902133AG2 Bond
902133AG2 financial ratios help investors to determine whether 902133AG2 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 902133AG2 with respect to the benefits of owning 902133AG2 security.