MDC 3966 06 AUG 61 Market Value
| 552676AV0 | 81.37 1.31 1.58% |
| Symbol | 552676AV0 |
Please note, there is a significant difference between 552676AV0's value and its price as these two are different measures arrived at by different means. Investors typically determine if 552676AV0 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 552676AV0'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.
552676AV0 '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 552676AV0'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 552676AV0.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in 552676AV0 on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding MDC 3966 06 AUG 61 or generate 0.0% return on investment in 552676AV0 over 30 days. 552676AV0 is related to or competes with 00108WAF7, 90331HPL1, Alphabet, InMode, BigBearai Holdings, IQIYI, and SoundHound. More
552676AV0 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 552676AV0'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 3966 06 AUG 61 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 87.15 | |||
| Value At Risk | (4.70) | |||
| Potential Upside | 2.67 |
552676AV0 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 552676AV0's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 552676AV0's standard deviation. In reality, there are many statistical measures that can use 552676AV0 historical prices to predict the future 552676AV0's volatility.| Risk Adjusted Performance | 7.0E-4 | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (1.61) | |||
| Treynor Ratio | (0.07) |
MDC 66 06 Backtested Returns
MDC 66 06 retains Efficiency (Sharpe Ratio) of -0.039, which signifies that the bond had a -0.039% return per unit of price deviation over the last 3 months. 552676AV0 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 552676AV0's Mean Deviation of 3.31, information ratio of (0.03), and Market Risk Adjusted Performance of (0.06) to double-check the risk estimate we provide. The bond owns a Beta (Systematic Risk) of 1.73, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, 552676AV0 will likely underperform.
Auto-correlation | 0.16 |
Very weak predictability
MDC 3966 06 AUG 61 has very weak predictability. Overlapping area represents the amount of predictability between 552676AV0 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 MDC 66 06 price movement. The serial correlation of 0.16 indicates that over 16.0% of current 552676AV0 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.16 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.38 |
MDC 66 06 lagged returns against current returns
Autocorrelation, which is 552676AV0 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 552676AV0's bond expected returns. We can calculate the autocorrelation of 552676AV0 returns to help us make a trade decision. For example, suppose you find that 552676AV0 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 |
552676AV0 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 552676AV0 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 552676AV0 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 552676AV0 bond over time.
Current vs Lagged Prices |
| Timeline |
552676AV0 Lagged Returns
When evaluating 552676AV0's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 552676AV0 bond have on its future price. 552676AV0 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, 552676AV0 autocorrelation shows the relationship between 552676AV0 bond current value and its past values and can show if there is a momentum factor associated with investing in MDC 3966 06 AUG 61.
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 552676AV0 Bond
552676AV0 financial ratios help investors to determine whether 552676AV0 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 552676AV0 with respect to the benefits of owning 552676AV0 security.