VERIZON MUNICATIONS INC Market Value
| 92343VFD1 | 70.31 9.47 11.87% |
| Symbol | VERIZON |
VERIZON '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 VERIZON'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 VERIZON.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in VERIZON on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding VERIZON MUNICATIONS INC or generate 0.0% return on investment in VERIZON over 30 days. VERIZON is related to or competes with 00108WAF7, 90331HPL1, Bank of America, GE Aerospace, Dupont De, International Business, and McDonalds. More
VERIZON 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 VERIZON'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 VERIZON MUNICATIONS INC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 21.2 | |||
| Value At Risk | (1.81) | |||
| Potential Upside | 1.23 |
VERIZON Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VERIZON's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VERIZON's standard deviation. In reality, there are many statistical measures that can use VERIZON historical prices to predict the future VERIZON's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.60) | |||
| Treynor Ratio | (0.76) |
VERIZON MUNICATIONS INC Backtested Returns
At this point, VERIZON is very steady. VERIZON MUNICATIONS INC owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0258, which indicates the bond had a 0.0258% return per unit of standard deviation over the last 3 months. We have found twenty-one technical indicators for VERIZON MUNICATIONS INC, which you can use to evaluate the volatility of the bond. Please validate VERIZON's risk adjusted performance of (0.06), and Variance of 5.85 to confirm if the risk estimate we provide is consistent with the expected return of 0.0793%. The entity has a beta of 0.31, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, VERIZON's returns are expected to increase less than the market. However, during the bear market, the loss of holding VERIZON is expected to be smaller as well.
Auto-correlation | -0.64 |
Very good reverse predictability
VERIZON MUNICATIONS INC has very good reverse predictability. Overlapping area represents the amount of predictability between VERIZON time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 VERIZON MUNICATIONS INC price movement. The serial correlation of -0.64 indicates that roughly 64.0% of current VERIZON price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.64 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 11.15 |
VERIZON MUNICATIONS INC lagged returns against current returns
Autocorrelation, which is VERIZON 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 VERIZON's bond expected returns. We can calculate the autocorrelation of VERIZON returns to help us make a trade decision. For example, suppose you find that VERIZON 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 |
VERIZON 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 VERIZON bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VERIZON bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VERIZON bond over time.
Current vs Lagged Prices |
| Timeline |
VERIZON Lagged Returns
When evaluating VERIZON's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VERIZON bond have on its future price. VERIZON 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, VERIZON autocorrelation shows the relationship between VERIZON bond current value and its past values and can show if there is a momentum factor associated with investing in VERIZON MUNICATIONS INC.
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 VERIZON Bond
VERIZON financial ratios help investors to determine whether VERIZON 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 VERIZON with respect to the benefits of owning VERIZON security.