WMT 105 17 SEP 26 Market Value
| 931142ER0 | 88.97 5.35 5.67% |
| Symbol | 931142ER0 |
Please note, there is a significant difference between 931142ER0's value and its price as these two are different measures arrived at by different means. Investors typically determine if 931142ER0 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 931142ER0's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
931142ER0 '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 931142ER0'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 931142ER0.
| 09/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in 931142ER0 on September 29, 2024 and sell it all today you would earn a total of 0.00 from holding WMT 105 17 SEP 26 or generate 0.0% return on investment in 931142ER0 over 60 days. 931142ER0 is related to or competes with Boston Beer, FitLife Brands,, Universal, Ispire Technology, BBB Foods, and Constellation Brands. More
931142ER0 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 931142ER0'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 WMT 105 17 SEP 26 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 8.99 | |||
| Value At Risk | (1.72) | |||
| Potential Upside | 1.43 |
931142ER0 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 931142ER0's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 931142ER0's standard deviation. In reality, there are many statistical measures that can use 931142ER0 historical prices to predict the future 931142ER0's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | 1.52 |
WMT 105 17 Backtested Returns
WMT 105 17 secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the bond had a -0.13% return per unit of return volatility over the last 3 months. WMT 105 17 SEP 26 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 931142ER0's coefficient of variation of (1,339), and Risk Adjusted Performance of (0.05) to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.065, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 931142ER0 are expected to decrease at a much lower rate. During the bear market, 931142ER0 is likely to outperform the market.
Auto-correlation | 0.39 |
Below average predictability
WMT 105 17 SEP 26 has below average predictability. Overlapping area represents the amount of predictability between 931142ER0 time series from 29th of September 2024 to 29th of October 2024 and 29th of October 2024 to 28th 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 WMT 105 17 price movement. The serial correlation of 0.39 indicates that just about 39.0% of current 931142ER0 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 2.42 |
WMT 105 17 lagged returns against current returns
Autocorrelation, which is 931142ER0 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 931142ER0's bond expected returns. We can calculate the autocorrelation of 931142ER0 returns to help us make a trade decision. For example, suppose you find that 931142ER0 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 |
931142ER0 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 931142ER0 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 931142ER0 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 931142ER0 bond over time.
Current vs Lagged Prices |
| Timeline |
931142ER0 Lagged Returns
When evaluating 931142ER0's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 931142ER0 bond have on its future price. 931142ER0 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, 931142ER0 autocorrelation shows the relationship between 931142ER0 bond current value and its past values and can show if there is a momentum factor associated with investing in WMT 105 17 SEP 26.
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 931142ER0 Bond
931142ER0 financial ratios help investors to determine whether 931142ER0 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 931142ER0 with respect to the benefits of owning 931142ER0 security.