ARCHER DANIELS MIDLAND Market Value
| 039482AB0 | 91.22 1.83 1.97% |
| Symbol | ARCHER |
ARCHER '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 ARCHER'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 ARCHER.
| 12/10/2022 |
| 11/29/2024 |
If you would invest 0.00 in ARCHER on December 10, 2022 and sell it all today you would earn a total of 0.00 from holding ARCHER DANIELS MIDLAND or generate 0.0% return on investment in ARCHER over 720 days. ARCHER is related to or competes with Nabors Industries, Stepan, Apogee Enterprises, Delek Drilling, Jeld Wen, Precision Drilling, and Helmerich. More
ARCHER 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 ARCHER'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 ARCHER DANIELS MIDLAND upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 6.17 | |||
| Value At Risk | (1.04) | |||
| Potential Upside | 0.8797 |
ARCHER Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ARCHER's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ARCHER's standard deviation. In reality, there are many statistical measures that can use ARCHER historical prices to predict the future ARCHER's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | 0.2186 |
ARCHER DANIELS MIDLAND Backtested Returns
ARCHER DANIELS MIDLAND retains Efficiency (Sharpe Ratio) of -0.0826, which signifies that the bond had a -0.0826% return per unit of risk over the last 3 months. ARCHER exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ARCHER's variance of 0.5323, and Market Risk Adjusted Performance of 0.2286 to double-check the risk estimate we provide. The bond owns a Beta (Systematic Risk) of -0.29, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ARCHER are expected to decrease at a much lower rate. During the bear market, ARCHER is likely to outperform the market.
Auto-correlation | -0.68 |
Very good reverse predictability
ARCHER DANIELS MIDLAND has very good reverse predictability. Overlapping area represents the amount of predictability between ARCHER time series from 10th of December 2022 to 5th of December 2023 and 5th of December 2023 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 ARCHER DANIELS MIDLAND price movement. The serial correlation of -0.68 indicates that around 68.0% of current ARCHER price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.68 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 3.15 |
ARCHER DANIELS MIDLAND lagged returns against current returns
Autocorrelation, which is ARCHER 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 ARCHER's bond expected returns. We can calculate the autocorrelation of ARCHER returns to help us make a trade decision. For example, suppose you find that ARCHER 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 |
ARCHER 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 ARCHER bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ARCHER bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ARCHER bond over time.
Current vs Lagged Prices |
| Timeline |
ARCHER Lagged Returns
When evaluating ARCHER's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ARCHER bond have on its future price. ARCHER 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, ARCHER autocorrelation shows the relationship between ARCHER bond current value and its past values and can show if there is a momentum factor associated with investing in ARCHER DANIELS MIDLAND.
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 ARCHER Bond
ARCHER financial ratios help investors to determine whether ARCHER 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 ARCHER with respect to the benefits of owning ARCHER security.