MASSMU 5672 01 DEC 52 Market Value
| 575767AT5 | 103.99 5.25 5.32% |
| Symbol | MASSMU |
Please note, there is a significant difference between MASSMU's value and its price as these two are different measures arrived at by different means. Investors typically determine if MASSMU is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MASSMU'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.
MASSMU '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 MASSMU'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 MASSMU.
| 11/23/2024 |
| 12/23/2024 |
If you would invest 0.00 in MASSMU on November 23, 2024 and sell it all today you would earn a total of 0.00 from holding MASSMU 5672 01 DEC 52 or generate 0.0% return on investment in MASSMU over 30 days. MASSMU is related to or competes with 00108WAF7, 90331HPL1, Republic Bancorp, BYD Co, Fast Retailing, RCM Technologies, and Trio Tech. More
MASSMU 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 MASSMU'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 MASSMU 5672 01 DEC 52 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.31 | |||
| Information Ratio | 0.0563 | |||
| Maximum Drawdown | 17.25 | |||
| Value At Risk | (1.81) | |||
| Potential Upside | 2.51 |
MASSMU Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MASSMU's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MASSMU's standard deviation. In reality, there are many statistical measures that can use MASSMU historical prices to predict the future MASSMU's volatility.| Risk Adjusted Performance | 0.0618 | |||
| Jensen Alpha | 0.1724 | |||
| Total Risk Alpha | 0.0921 | |||
| Sortino Ratio | 0.0623 | |||
| Treynor Ratio | (0.69) |
MASSMU 5672 01 Backtested Returns
At this point, MASSMU is very steady. MASSMU 5672 01 has Sharpe Ratio of 0.0316, which conveys that the bond had a 0.0316% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for MASSMU, which you can use to evaluate the volatility of the entity. Please verify MASSMU's downside deviation of 2.31, and Mean Deviation of 1.26 to check out if the risk estimate we provide is consistent with the expected return of 0.0457%. The entity secures a Beta (Market Risk) of -0.24, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning MASSMU are expected to decrease at a much lower rate. During the bear market, MASSMU is likely to outperform the market.
Auto-correlation | -0.88 |
Excellent reverse predictability
MASSMU 5672 01 DEC 52 has excellent reverse predictability. Overlapping area represents the amount of predictability between MASSMU time series from 23rd of November 2024 to 8th of December 2024 and 8th of December 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 MASSMU 5672 01 price movement. The serial correlation of -0.88 indicates that approximately 88.0% of current MASSMU price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.88 | |
| Spearman Rank Test | -0.9 | |
| Residual Average | 0.0 | |
| Price Variance | 1.65 |
MASSMU 5672 01 lagged returns against current returns
Autocorrelation, which is MASSMU 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 MASSMU's bond expected returns. We can calculate the autocorrelation of MASSMU returns to help us make a trade decision. For example, suppose you find that MASSMU 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 |
MASSMU 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 MASSMU bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MASSMU bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MASSMU bond over time.
Current vs Lagged Prices |
| Timeline |
MASSMU Lagged Returns
When evaluating MASSMU's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MASSMU bond have on its future price. MASSMU 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, MASSMU autocorrelation shows the relationship between MASSMU bond current value and its past values and can show if there is a momentum factor associated with investing in MASSMU 5672 01 DEC 52.
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 MASSMU Bond
MASSMU financial ratios help investors to determine whether MASSMU 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 MASSMU with respect to the benefits of owning MASSMU security.