Yum Brands 535 Market Value
| 988498AK7 | 80.00 19.17 19.33% |
| Symbol | 988498AK7 |
988498AK7 '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 988498AK7'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 988498AK7.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in 988498AK7 on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Yum Brands 535 or generate 0.0% return on investment in 988498AK7 over 30 days. 988498AK7 is related to or competes with WiMi Hologram, Aldel Financial, Citizens Bancorp, Nomura Holdings, Radcom, and Stepstone. More
988498AK7 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 988498AK7'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 Yum Brands 535 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 26.38 | |||
| Value At Risk | (7.93) | |||
| Potential Upside | 2.47 |
988498AK7 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 988498AK7's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 988498AK7's standard deviation. In reality, there are many statistical measures that can use 988498AK7 historical prices to predict the future 988498AK7's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.86) | |||
| Treynor Ratio | 0.7136 |
Yum Brands 535 Backtested Returns
Yum Brands 535 secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the bond had a -0.13% return per unit of standard deviation over the last 3 months. Yum Brands 535 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 988498AK7's Mean Deviation of 1.72, risk adjusted performance of (0.03), and Coefficient Of Variation of (2,042) to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.29, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 988498AK7 are expected to decrease at a much lower rate. During the bear market, 988498AK7 is likely to outperform the market.
Auto-correlation | -0.75 |
Almost perfect reverse predictability
Yum Brands 535 has almost perfect reverse predictability. Overlapping area represents the amount of predictability between 988498AK7 time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 Yum Brands 535 price movement. The serial correlation of -0.75 indicates that around 75.0% of current 988498AK7 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.75 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 48.69 |
Yum Brands 535 lagged returns against current returns
Autocorrelation, which is 988498AK7 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 988498AK7's bond expected returns. We can calculate the autocorrelation of 988498AK7 returns to help us make a trade decision. For example, suppose you find that 988498AK7 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 |
988498AK7 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 988498AK7 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 988498AK7 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 988498AK7 bond over time.
Current vs Lagged Prices |
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988498AK7 Lagged Returns
When evaluating 988498AK7's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 988498AK7 bond have on its future price. 988498AK7 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, 988498AK7 autocorrelation shows the relationship between 988498AK7 bond current value and its past values and can show if there is a momentum factor associated with investing in Yum Brands 535.
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 988498AK7 Bond
988498AK7 financial ratios help investors to determine whether 988498AK7 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 988498AK7 with respect to the benefits of owning 988498AK7 security.