METLIFE INC 4875 Market Value
| 59156RBG2 | 95.26 0.09 0.09% |
| Symbol | METLIFE |
METLIFE '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 METLIFE'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 METLIFE.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in METLIFE on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding METLIFE INC 4875 or generate 0.0% return on investment in METLIFE over 30 days. METLIFE is related to or competes with Eastern, Sabre Corpo, Hurco Companies, Lincoln Electric, Spectrum Brands, Enersys, and Papaya Growth. More
METLIFE 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 METLIFE'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 METLIFE INC 4875 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 20.06 | |||
| Value At Risk | (1.65) | |||
| Potential Upside | 2.83 |
METLIFE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for METLIFE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as METLIFE's standard deviation. In reality, there are many statistical measures that can use METLIFE historical prices to predict the future METLIFE's volatility.| Risk Adjusted Performance | 0.0062 | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.48) | |||
| Treynor Ratio | (0.03) |
METLIFE INC 4875 Backtested Returns
METLIFE INC 4875 has Sharpe Ratio of -0.0127, which conveys that the entity had a -0.0127% return per unit of standard deviation over the last 3 months. METLIFE exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify METLIFE's Market Risk Adjusted Performance of (0.02), risk adjusted performance of 0.0062, and Mean Deviation of 1.28 to check out the risk estimate we provide. The bond secures a Beta (Market Risk) of 0.53, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, METLIFE's returns are expected to increase less than the market. However, during the bear market, the loss of holding METLIFE is expected to be smaller as well.
Auto-correlation | -0.62 |
Very good reverse predictability
METLIFE INC 4875 has very good reverse predictability. Overlapping area represents the amount of predictability between METLIFE time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd 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 METLIFE INC 4875 price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current METLIFE price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.62 | |
| Spearman Rank Test | -0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.84 |
METLIFE INC 4875 lagged returns against current returns
Autocorrelation, which is METLIFE 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 METLIFE's bond expected returns. We can calculate the autocorrelation of METLIFE returns to help us make a trade decision. For example, suppose you find that METLIFE 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 |
METLIFE 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 METLIFE bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if METLIFE bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in METLIFE bond over time.
Current vs Lagged Prices |
| Timeline |
METLIFE Lagged Returns
When evaluating METLIFE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of METLIFE bond have on its future price. METLIFE 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, METLIFE autocorrelation shows the relationship between METLIFE bond current value and its past values and can show if there is a momentum factor associated with investing in METLIFE INC 4875.
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 METLIFE Bond
METLIFE financial ratios help investors to determine whether METLIFE 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 METLIFE with respect to the benefits of owning METLIFE security.