US784730AB94 Market Value
| 784730AB9 | 108.53 12.63 13.17% |
| Symbol | 784730AB9 |
Please note, there is a significant difference between 784730AB9's value and its price as these two are different measures arrived at by different means. Investors typically determine if 784730AB9 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 784730AB9'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.
784730AB9 '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 784730AB9'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 784730AB9.
| 06/24/2024 |
| 12/21/2024 |
If you would invest 0.00 in 784730AB9 on June 24, 2024 and sell it all today you would earn a total of 0.00 from holding US784730AB94 or generate 0.0% return on investment in 784730AB9 over 180 days. 784730AB9 is related to or competes with Diageo PLC, Chemours, PepsiCo, and Keurig Dr. More
784730AB9 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 784730AB9'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 US784730AB94 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.9 | |||
| Information Ratio | 0.0799 | |||
| Maximum Drawdown | 42.53 | |||
| Value At Risk | (1.34) | |||
| Potential Upside | 1.49 |
784730AB9 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 784730AB9's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 784730AB9's standard deviation. In reality, there are many statistical measures that can use 784730AB9 historical prices to predict the future 784730AB9's volatility.| Risk Adjusted Performance | 0.0773 | |||
| Jensen Alpha | 0.3855 | |||
| Total Risk Alpha | 0.2528 | |||
| Sortino Ratio | 0.0909 | |||
| Treynor Ratio | (0.99) |
US784730AB94 Backtested Returns
At this point, 784730AB9 is very steady. US784730AB94 retains Efficiency (Sharpe Ratio) of 0.0526, which signifies that the bond had a 0.0526% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for 784730AB9, which you can use to evaluate the volatility of the entity. Please confirm 784730AB9's Semi Deviation of 2.84, coefficient of variation of 1146.85, and Risk Adjusted Performance of 0.0773 to double-check if the risk estimate we provide is consistent with the expected return of 0.19%. The bond owns a Beta (Systematic Risk) of -0.38, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning 784730AB9 are expected to decrease at a much lower rate. During the bear market, 784730AB9 is likely to outperform the market.
Auto-correlation | 0.85 |
Very good predictability
US784730AB94 has very good predictability. Overlapping area represents the amount of predictability between 784730AB9 time series from 24th of June 2024 to 22nd of September 2024 and 22nd of September 2024 to 21st 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 US784730AB94 price movement. The serial correlation of 0.85 indicates that around 85.0% of current 784730AB9 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.85 | |
| Spearman Rank Test | 0.84 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
US784730AB94 lagged returns against current returns
Autocorrelation, which is 784730AB9 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 784730AB9's bond expected returns. We can calculate the autocorrelation of 784730AB9 returns to help us make a trade decision. For example, suppose you find that 784730AB9 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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784730AB9 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 784730AB9 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 784730AB9 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 784730AB9 bond over time.
Current vs Lagged Prices |
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784730AB9 Lagged Returns
When evaluating 784730AB9's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 784730AB9 bond have on its future price. 784730AB9 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, 784730AB9 autocorrelation shows the relationship between 784730AB9 bond current value and its past values and can show if there is a momentum factor associated with investing in US784730AB94.
Regressed Prices |
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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 784730AB9 Bond
784730AB9 financial ratios help investors to determine whether 784730AB9 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 784730AB9 with respect to the benefits of owning 784730AB9 security.