HASBRO INC 635 Market Value
| 418056AS6 | 106.36 4.56 4.48% |
| Symbol | HASBRO |
HASBRO '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 HASBRO'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 HASBRO.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in HASBRO on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding HASBRO INC 635 or generate 0.0% return on investment in HASBRO over 30 days. HASBRO is related to or competes with 00108WAF7, 90331HPL1, Applied Blockchain, BigBearai Holdings, InMode, Sprott Focus, and IONQ. More
HASBRO 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 HASBRO'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 HASBRO INC 635 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 6.78 | |||
| Value At Risk | (2.51) | |||
| Potential Upside | 1.77 |
HASBRO Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for HASBRO's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HASBRO's standard deviation. In reality, there are many statistical measures that can use HASBRO historical prices to predict the future HASBRO's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | (0.31) |
HASBRO INC 635 Backtested Returns
HASBRO INC 635 holds Efficiency (Sharpe) Ratio of -0.0738, which attests that the bond had a -0.0738% return per unit of volatility over the last 3 months. HASBRO INC 635 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out HASBRO's market risk adjusted performance of (0.30), and Coefficient Of Variation of (3,147) to validate the risk estimate we provide. The entity retains a Market Volatility (i.e., Beta) of 0.17, which attests to not very significant fluctuations relative to the market. As returns on the market increase, HASBRO's returns are expected to increase less than the market. However, during the bear market, the loss of holding HASBRO is expected to be smaller as well.
Auto-correlation | -0.49 |
Modest reverse predictability
HASBRO INC 635 has modest reverse predictability. Overlapping area represents the amount of predictability between HASBRO time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 HASBRO INC 635 price movement. The serial correlation of -0.49 indicates that about 49.0% of current HASBRO price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.49 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 3.01 |
HASBRO INC 635 lagged returns against current returns
Autocorrelation, which is HASBRO 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 HASBRO's bond expected returns. We can calculate the autocorrelation of HASBRO returns to help us make a trade decision. For example, suppose you find that HASBRO 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 |
HASBRO 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 HASBRO bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if HASBRO bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in HASBRO bond over time.
Current vs Lagged Prices |
| Timeline |
HASBRO Lagged Returns
When evaluating HASBRO's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HASBRO bond have on its future price. HASBRO 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, HASBRO autocorrelation shows the relationship between HASBRO bond current value and its past values and can show if there is a momentum factor associated with investing in HASBRO INC 635.
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 HASBRO Bond
HASBRO financial ratios help investors to determine whether HASBRO 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 HASBRO with respect to the benefits of owning HASBRO security.