WISCONSIN ELEC PWR Market Value
| 976656BL1 | 115.13 0.00 0.00% |
| Symbol | WISCONSIN |
WISCONSIN '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 WISCONSIN'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 WISCONSIN.
| 08/19/2023 |
| 12/11/2024 |
If you would invest 0.00 in WISCONSIN on August 19, 2023 and sell it all today you would earn a total of 0.00 from holding WISCONSIN ELEC PWR or generate 0.0% return on investment in WISCONSIN over 480 days. WISCONSIN is related to or competes with SEI Investments, Mind Medicine, Western Asset, Ardelyx, Genfit, Centessa Pharmaceuticals, and Valneva SE. WISCONSIN is entity of United States. It is traded as Bond on Bond exchange. More
WISCONSIN 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 WISCONSIN'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 WISCONSIN ELEC PWR upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.9 | |||
| Information Ratio | 0.0031 | |||
| Maximum Drawdown | 24.85 | |||
| Value At Risk | (9.77) | |||
| Potential Upside | 8.66 |
WISCONSIN Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for WISCONSIN's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WISCONSIN's standard deviation. In reality, there are many statistical measures that can use WISCONSIN historical prices to predict the future WISCONSIN's volatility.| Risk Adjusted Performance | 0.0277 | |||
| Jensen Alpha | 0.1534 | |||
| Total Risk Alpha | (0.71) | |||
| Sortino Ratio | 0.0028 | |||
| Treynor Ratio | (0.66) |
WISCONSIN ELEC PWR Backtested Returns
WISCONSIN ELEC PWR shows Sharpe Ratio of -0.31, which attests that the bond had a -0.31% return per unit of risk over the last 3 months. WISCONSIN ELEC PWR exposes twenty-five different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out WISCONSIN's Downside Deviation of 5.9, mean deviation of 4.1, and Market Risk Adjusted Performance of (0.65) to validate the risk estimate we provide. The entity maintains a market beta of -0.2, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning WISCONSIN are expected to decrease at a much lower rate. During the bear market, WISCONSIN is likely to outperform the market.
Auto-correlation | 0.67 |
Good predictability
WISCONSIN ELEC PWR has good predictability. Overlapping area represents the amount of predictability between WISCONSIN time series from 19th of August 2023 to 15th of April 2024 and 15th of April 2024 to 11th of December 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 WISCONSIN ELEC PWR price movement. The serial correlation of 0.67 indicates that around 67.0% of current WISCONSIN price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 82.67 |
WISCONSIN ELEC PWR lagged returns against current returns
Autocorrelation, which is WISCONSIN 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 WISCONSIN's bond expected returns. We can calculate the autocorrelation of WISCONSIN returns to help us make a trade decision. For example, suppose you find that WISCONSIN 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 |
WISCONSIN 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 WISCONSIN bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WISCONSIN bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WISCONSIN bond over time.
Current vs Lagged Prices |
| Timeline |
WISCONSIN Lagged Returns
When evaluating WISCONSIN's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WISCONSIN bond have on its future price. WISCONSIN 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, WISCONSIN autocorrelation shows the relationship between WISCONSIN bond current value and its past values and can show if there is a momentum factor associated with investing in WISCONSIN ELEC PWR.
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 WISCONSIN Bond
WISCONSIN financial ratios help investors to determine whether WISCONSIN 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 WISCONSIN with respect to the benefits of owning WISCONSIN security.