CA INC 47 Market Value
| 12673PAJ4 | 99.65 0.44 0.44% |
| Symbol | 12673PAJ4 |
12673PAJ4 '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 12673PAJ4'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 12673PAJ4.
| 11/17/2024 |
| 12/17/2024 |
If you would invest 0.00 in 12673PAJ4 on November 17, 2024 and sell it all today you would earn a total of 0.00 from holding CA INC 47 or generate 0.0% return on investment in 12673PAJ4 over 30 days. 12673PAJ4 is related to or competes with Alvarium Tiedemann, ReTo Eco, Avient Corp, Aldel Financial, Nasdaq, Olympic Steel, and Papaya Growth. More
12673PAJ4 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 12673PAJ4'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 CA INC 47 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8828 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 4.8 | |||
| Value At Risk | (1.30) | |||
| Potential Upside | 1.23 |
12673PAJ4 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 12673PAJ4's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 12673PAJ4's standard deviation. In reality, there are many statistical measures that can use 12673PAJ4 historical prices to predict the future 12673PAJ4's volatility.| Risk Adjusted Performance | 0.0142 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.0277 |
CA INC 47 Backtested Returns
At this point, 12673PAJ4 is very steady. CA INC 47 retains Efficiency (Sharpe Ratio) of 0.0146, which signifies that the bond had a 0.0146% return per unit of price deviation over the last 3 months. We have found twenty-seven technical indicators for 12673PAJ4, which you can use to evaluate the volatility of the entity. Please confirm 12673PAJ4's Standard Deviation of 0.8488, coefficient of variation of 5662.27, and Market Risk Adjusted Performance of 0.0377 to double-check if the risk estimate we provide is consistent with the expected return of 0.0123%. The entity owns a Beta (Systematic Risk) of 0.18, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 12673PAJ4's returns are expected to increase less than the market. However, during the bear market, the loss of holding 12673PAJ4 is expected to be smaller as well.
Auto-correlation | 0.52 |
Modest predictability
CA INC 47 has modest predictability. Overlapping area represents the amount of predictability between 12673PAJ4 time series from 17th of November 2024 to 2nd of December 2024 and 2nd of December 2024 to 17th 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 CA INC 47 price movement. The serial correlation of 0.52 indicates that about 52.0% of current 12673PAJ4 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.19 |
CA INC 47 lagged returns against current returns
Autocorrelation, which is 12673PAJ4 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 12673PAJ4's bond expected returns. We can calculate the autocorrelation of 12673PAJ4 returns to help us make a trade decision. For example, suppose you find that 12673PAJ4 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 |
12673PAJ4 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 12673PAJ4 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 12673PAJ4 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 12673PAJ4 bond over time.
Current vs Lagged Prices |
| Timeline |
12673PAJ4 Lagged Returns
When evaluating 12673PAJ4's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 12673PAJ4 bond have on its future price. 12673PAJ4 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, 12673PAJ4 autocorrelation shows the relationship between 12673PAJ4 bond current value and its past values and can show if there is a momentum factor associated with investing in CA INC 47.
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 12673PAJ4 Bond
12673PAJ4 financial ratios help investors to determine whether 12673PAJ4 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 12673PAJ4 with respect to the benefits of owning 12673PAJ4 security.