U S BANCORP Market Value
| 91159HHN3 | 92.54 2.55 2.68% |
| Symbol | 91159HHN3 |
91159HHN3 '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 91159HHN3'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 91159HHN3.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in 91159HHN3 on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding U S BANCORP or generate 0.0% return on investment in 91159HHN3 over 30 days. 91159HHN3 is related to or competes with Oatly Group, Cheesecake Factory, Bt Brands, RCI Hospitality, Vodka Brands, BJs Restaurants, and National Beverage. More
91159HHN3 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 91159HHN3'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 U S BANCORP upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 22.18 | |||
| Value At Risk | (3.34) | |||
| Potential Upside | 1.92 |
91159HHN3 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 91159HHN3's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 91159HHN3's standard deviation. In reality, there are many statistical measures that can use 91159HHN3 historical prices to predict the future 91159HHN3's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.46) | |||
| Treynor Ratio | 0.1267 |
U S BANCORP Backtested Returns
U S BANCORP secures Sharpe Ratio (or Efficiency) of -0.17, which signifies that the bond had a -0.17% return per unit of return volatility over the last 3 months. U S BANCORP exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 91159HHN3's coefficient of variation of (6,342), and Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide. The entity shows a Beta (market volatility) of -0.4, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning 91159HHN3 are expected to decrease at a much lower rate. During the bear market, 91159HHN3 is likely to outperform the market.
Auto-correlation | -0.07 |
Very weak reverse predictability
U S BANCORP has very weak reverse predictability. Overlapping area represents the amount of predictability between 91159HHN3 time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 U S BANCORP price movement. The serial correlation of -0.07 indicates that barely 7.0% of current 91159HHN3 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 1.25 |
U S BANCORP lagged returns against current returns
Autocorrelation, which is 91159HHN3 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 91159HHN3's bond expected returns. We can calculate the autocorrelation of 91159HHN3 returns to help us make a trade decision. For example, suppose you find that 91159HHN3 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 |
91159HHN3 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 91159HHN3 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 91159HHN3 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 91159HHN3 bond over time.
Current vs Lagged Prices |
| Timeline |
91159HHN3 Lagged Returns
When evaluating 91159HHN3's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 91159HHN3 bond have on its future price. 91159HHN3 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, 91159HHN3 autocorrelation shows the relationship between 91159HHN3 bond current value and its past values and can show if there is a momentum factor associated with investing in U S BANCORP.
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 91159HHN3 Bond
91159HHN3 financial ratios help investors to determine whether 91159HHN3 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 91159HHN3 with respect to the benefits of owning 91159HHN3 security.