FMC 345 percent Market Value
| 302491AU9 | 88.94 4.03 4.33% |
| Symbol | 302491AU9 |
302491AU9 '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 302491AU9'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 302491AU9.
| 12/08/2023 |
| 12/02/2024 |
If you would invest 0.00 in 302491AU9 on December 8, 2023 and sell it all today you would earn a total of 0.00 from holding FMC 345 percent or generate 0.0% return on investment in 302491AU9 over 360 days. 302491AU9 is related to or competes with Compania Cervecerias, NETGEAR, Asure Software, Casio Computer, Anheuser Busch, and Radcom. More
302491AU9 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 302491AU9'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 FMC 345 percent upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 4.16 | |||
| Value At Risk | (1.30) | |||
| Potential Upside | 1.01 |
302491AU9 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 302491AU9's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 302491AU9's standard deviation. In reality, there are many statistical measures that can use 302491AU9 historical prices to predict the future 302491AU9's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | 0.6062 |
FMC 345 percent Backtested Returns
FMC 345 percent retains Efficiency (Sharpe Ratio) of -0.11, which signifies that the bond had a -0.11% return per unit of price deviation over the last 3 months. 302491AU9 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 302491AU9's Information Ratio of (0.20), standard deviation of 1.05, and Market Risk Adjusted Performance of 0.6162 to double-check the risk estimate we provide. The bond owns a Beta (Systematic Risk) of -0.14, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 302491AU9 are expected to decrease at a much lower rate. During the bear market, 302491AU9 is likely to outperform the market.
Auto-correlation | -0.26 |
Weak reverse predictability
FMC 345 percent has weak reverse predictability. Overlapping area represents the amount of predictability between 302491AU9 time series from 8th of December 2023 to 5th of June 2024 and 5th of June 2024 to 2nd 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 FMC 345 percent price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current 302491AU9 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 2.28 |
FMC 345 percent lagged returns against current returns
Autocorrelation, which is 302491AU9 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 302491AU9's bond expected returns. We can calculate the autocorrelation of 302491AU9 returns to help us make a trade decision. For example, suppose you find that 302491AU9 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 |
302491AU9 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 302491AU9 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 302491AU9 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 302491AU9 bond over time.
Current vs Lagged Prices |
| Timeline |
302491AU9 Lagged Returns
When evaluating 302491AU9's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 302491AU9 bond have on its future price. 302491AU9 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, 302491AU9 autocorrelation shows the relationship between 302491AU9 bond current value and its past values and can show if there is a momentum factor associated with investing in FMC 345 percent.
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 302491AU9 Bond
302491AU9 financial ratios help investors to determine whether 302491AU9 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 302491AU9 with respect to the benefits of owning 302491AU9 security.