MDC Holdings 6 Market Value
| 552676AQ1 | 101.21 3.07 2.94% |
| Symbol | 552676AQ1 |
552676AQ1 '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 552676AQ1'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 552676AQ1.
| 12/09/2023 |
| 12/03/2024 |
If you would invest 0.00 in 552676AQ1 on December 9, 2023 and sell it all today you would earn a total of 0.00 from holding MDC Holdings 6 or generate 0.0% return on investment in 552676AQ1 over 360 days. 552676AQ1 is related to or competes with Constellation Brands, Celsius Holdings, Ambev SA, Coca Cola, SNDL, and Oatly Group. More
552676AQ1 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 552676AQ1'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 MDC Holdings 6 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.81 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 19.64 | |||
| Value At Risk | (5.64) | |||
| Potential Upside | 4.93 |
552676AQ1 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 552676AQ1's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 552676AQ1's standard deviation. In reality, there are many statistical measures that can use 552676AQ1 historical prices to predict the future 552676AQ1's volatility.| Risk Adjusted Performance | 0.0093 | |||
| Jensen Alpha | 0.0748 | |||
| Total Risk Alpha | (0.55) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0047 |
MDC Holdings 6 Backtested Returns
MDC Holdings 6 retains Efficiency (Sharpe Ratio) of -0.0688, which signifies that the bond had a -0.0688% return per unit of price deviation over the last 3 months. 552676AQ1 exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 552676AQ1's Market Risk Adjusted Performance of 0.0147, mean deviation of 1.93, and Standard Deviation of 3.65 to double-check the risk estimate we provide. The bond owns a Beta (Systematic Risk) of -0.68, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning 552676AQ1 are expected to decrease at a much lower rate. During the bear market, 552676AQ1 is likely to outperform the market.
Auto-correlation | 0.06 |
Virtually no predictability
MDC Holdings 6 has virtually no predictability. Overlapping area represents the amount of predictability between 552676AQ1 time series from 9th of December 2023 to 6th of June 2024 and 6th of June 2024 to 3rd 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 MDC Holdings 6 price movement. The serial correlation of 0.06 indicates that barely 6.0% of current 552676AQ1 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.06 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 6.62 |
MDC Holdings 6 lagged returns against current returns
Autocorrelation, which is 552676AQ1 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 552676AQ1's bond expected returns. We can calculate the autocorrelation of 552676AQ1 returns to help us make a trade decision. For example, suppose you find that 552676AQ1 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 |
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552676AQ1 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 552676AQ1 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 552676AQ1 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 552676AQ1 bond over time.
Current vs Lagged Prices |
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552676AQ1 Lagged Returns
When evaluating 552676AQ1's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 552676AQ1 bond have on its future price. 552676AQ1 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, 552676AQ1 autocorrelation shows the relationship between 552676AQ1 bond current value and its past values and can show if there is a momentum factor associated with investing in MDC Holdings 6.
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 552676AQ1 Bond
552676AQ1 financial ratios help investors to determine whether 552676AQ1 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 552676AQ1 with respect to the benefits of owning 552676AQ1 security.