KEYCORP MEDIUM TERM Market Value
| 49326EEH2 | 93.79 5.89 5.91% |
| Symbol | KEYCORP |
KEYCORP '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 KEYCORP'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 KEYCORP.
| 05/27/2024 |
| 12/23/2024 |
If you would invest 0.00 in KEYCORP on May 27, 2024 and sell it all today you would earn a total of 0.00 from holding KEYCORP MEDIUM TERM or generate 0.0% return on investment in KEYCORP over 210 days. KEYCORP is related to or competes with Li Auto, Modine Manufacturing, Cars, Yuexiu Transport, Lucid, United Guardian, and BorgWarner. More
KEYCORP 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 KEYCORP'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 KEYCORP MEDIUM TERM upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 6.38 | |||
| Value At Risk | (1.86) | |||
| Potential Upside | 0.5358 |
KEYCORP Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for KEYCORP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KEYCORP's standard deviation. In reality, there are many statistical measures that can use KEYCORP historical prices to predict the future KEYCORP's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (5.38) |
KEYCORP MEDIUM TERM Backtested Returns
KEYCORP MEDIUM TERM has Sharpe Ratio of -0.12, which conveys that the entity had a -0.12% return per unit of standard deviation over the last 3 months. KEYCORP exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify KEYCORP's Market Risk Adjusted Performance of (5.37), risk adjusted performance of (0.09), and Mean Deviation of 0.389 to check out the risk estimate we provide. The bond secures a Beta (Market Risk) of 0.0182, which conveys not very significant fluctuations relative to the market. As returns on the market increase, KEYCORP's returns are expected to increase less than the market. However, during the bear market, the loss of holding KEYCORP is expected to be smaller as well.
Auto-correlation | -0.21 |
Weak reverse predictability
KEYCORP MEDIUM TERM has weak reverse predictability. Overlapping area represents the amount of predictability between KEYCORP time series from 27th of May 2024 to 9th of September 2024 and 9th of September 2024 to 23rd 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 KEYCORP MEDIUM TERM price movement. The serial correlation of -0.21 indicates that over 21.0% of current KEYCORP price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.21 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
KEYCORP MEDIUM TERM lagged returns against current returns
Autocorrelation, which is KEYCORP 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 KEYCORP's bond expected returns. We can calculate the autocorrelation of KEYCORP returns to help us make a trade decision. For example, suppose you find that KEYCORP 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 |
KEYCORP 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 KEYCORP bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KEYCORP bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KEYCORP bond over time.
Current vs Lagged Prices |
| Timeline |
KEYCORP Lagged Returns
When evaluating KEYCORP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KEYCORP bond have on its future price. KEYCORP 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, KEYCORP autocorrelation shows the relationship between KEYCORP bond current value and its past values and can show if there is a momentum factor associated with investing in KEYCORP MEDIUM TERM.
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 KEYCORP Bond
KEYCORP financial ratios help investors to determine whether KEYCORP 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 KEYCORP with respect to the benefits of owning KEYCORP security.