ECL 2125 01 FEB 32 Market Value
| 278865BM1 | 82.33 1.92 2.28% |
| Symbol | 278865BM1 |
Please note, there is a significant difference between 278865BM1's value and its price as these two are different measures arrived at by different means. Investors typically determine if 278865BM1 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 278865BM1's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
278865BM1 '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 278865BM1'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 278865BM1.
| 06/01/2024 |
| 11/28/2024 |
If you would invest 0.00 in 278865BM1 on June 1, 2024 and sell it all today you would earn a total of 0.00 from holding ECL 2125 01 FEB 32 or generate 0.0% return on investment in 278865BM1 over 180 days. 278865BM1 is related to or competes with 00108WAF7, 90331HPL1, PayPal Holdings, IONQ, Nasdaq, Vertiv Holdings, and Microsoft. More
278865BM1 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 278865BM1'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 ECL 2125 01 FEB 32 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 14.18 | |||
| Value At Risk | (2.22) | |||
| Potential Upside | 0.7305 |
278865BM1 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 278865BM1's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 278865BM1's standard deviation. In reality, there are many statistical measures that can use 278865BM1 historical prices to predict the future 278865BM1's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.31) | |||
| Treynor Ratio | 0.3819 |
ECL 2125 01 Backtested Returns
ECL 2125 01 secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the bond had a -0.15% return per unit of price deviation over the last 3 months. ECL 2125 01 FEB 32 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 278865BM1's Standard Deviation of 1.57, mean deviation of 0.6904, and Information Ratio of (0.12) to double-check the risk estimate we provide. The entity shows a Beta (market volatility) of -0.19, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 278865BM1 are expected to decrease at a much lower rate. During the bear market, 278865BM1 is likely to outperform the market.
Auto-correlation | -0.88 |
Excellent reverse predictability
ECL 2125 01 FEB 32 has excellent reverse predictability. Overlapping area represents the amount of predictability between 278865BM1 time series from 1st of June 2024 to 30th of August 2024 and 30th of August 2024 to 28th 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 ECL 2125 01 price movement. The serial correlation of -0.88 indicates that approximately 88.0% of current 278865BM1 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.88 | |
| Spearman Rank Test | -0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 2.22 |
ECL 2125 01 lagged returns against current returns
Autocorrelation, which is 278865BM1 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 278865BM1's bond expected returns. We can calculate the autocorrelation of 278865BM1 returns to help us make a trade decision. For example, suppose you find that 278865BM1 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 |
278865BM1 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 278865BM1 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 278865BM1 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 278865BM1 bond over time.
Current vs Lagged Prices |
| Timeline |
278865BM1 Lagged Returns
When evaluating 278865BM1's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 278865BM1 bond have on its future price. 278865BM1 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, 278865BM1 autocorrelation shows the relationship between 278865BM1 bond current value and its past values and can show if there is a momentum factor associated with investing in ECL 2125 01 FEB 32.
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 278865BM1 Bond
278865BM1 financial ratios help investors to determine whether 278865BM1 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 278865BM1 with respect to the benefits of owning 278865BM1 security.