XYLEM INC 325 Market Value
| 98419MAJ9 | 96.96 0.34 0.35% |
| Symbol | XYLEM |
XYLEM '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 XYLEM'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 XYLEM.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in XYLEM on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding XYLEM INC 325 or generate 0.0% return on investment in XYLEM over 30 days. XYLEM is related to or competes with Sandstorm Gold, Lion One, United Rentals, Inflection Point, Eldorado Gold, Summit Materials, and Broadstone Net. More
XYLEM 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 XYLEM'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 XYLEM INC 325 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 8.0 | |||
| Value At Risk | (0.35) | |||
| Potential Upside | 0.4321 |
XYLEM Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for XYLEM's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as XYLEM's standard deviation. In reality, there are many statistical measures that can use XYLEM historical prices to predict the future XYLEM's volatility.| Risk Adjusted Performance | 0.0012 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | (4.75) |
XYLEM INC 325 Backtested Returns
XYLEM INC 325 shows Sharpe Ratio of -0.0434, which attests that the bond had a -0.0434% return per unit of standard deviation over the last 3 months. XYLEM INC 325 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out XYLEM's Mean Deviation of 0.3263, risk adjusted performance of 0.0012, and Standard Deviation of 0.9055 to validate the risk estimate we provide. The entity maintains a market beta of 0.0022, which attests to not very significant fluctuations relative to the market. As returns on the market increase, XYLEM's returns are expected to increase less than the market. However, during the bear market, the loss of holding XYLEM is expected to be smaller as well.
Auto-correlation | -0.07 |
Very weak reverse predictability
XYLEM INC 325 has very weak reverse predictability. Overlapping area represents the amount of predictability between XYLEM time series from 27th of October 2024 to 11th of November 2024 and 11th of November 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 XYLEM INC 325 price movement. The serial correlation of -0.07 indicates that barely 7.0% of current XYLEM price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
XYLEM INC 325 lagged returns against current returns
Autocorrelation, which is XYLEM 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 XYLEM's bond expected returns. We can calculate the autocorrelation of XYLEM returns to help us make a trade decision. For example, suppose you find that XYLEM 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 |
XYLEM 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 XYLEM bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if XYLEM bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in XYLEM bond over time.
Current vs Lagged Prices |
| Timeline |
XYLEM Lagged Returns
When evaluating XYLEM's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of XYLEM bond have on its future price. XYLEM 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, XYLEM autocorrelation shows the relationship between XYLEM bond current value and its past values and can show if there is a momentum factor associated with investing in XYLEM INC 325.
Regressed Prices |
| Timeline |
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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 XYLEM Bond
XYLEM financial ratios help investors to determine whether XYLEM 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 XYLEM with respect to the benefits of owning XYLEM security.