VISA INC Market Value
| 92826CAN2 | 79.66 2.57 3.13% |
| Symbol | 92826CAN2 |
92826CAN2 '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 92826CAN2'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 92826CAN2.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in 92826CAN2 on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding VISA INC or generate 0.0% return on investment in 92826CAN2 over 30 days. 92826CAN2 is related to or competes with BCE, Iridium Communications, Lindblad Expeditions, Pinterest, Sun Country, Meiwu Technology, and Grupo Televisa. More
92826CAN2 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 92826CAN2'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 VISA INC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.30) | |||
| Maximum Drawdown | 4.45 | |||
| Value At Risk | (0.90) | |||
| Potential Upside | 1.02 |
92826CAN2 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 92826CAN2's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 92826CAN2's standard deviation. In reality, there are many statistical measures that can use 92826CAN2 historical prices to predict the future 92826CAN2's volatility.| Risk Adjusted Performance | (0.09) | |||
| Total Risk Alpha | (0.22) |
92826CAN2 Backtested Returns
92826CAN2 secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the bond had a -0.11% return per unit of return volatility over the last 3 months. VISA INC exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 92826CAN2's risk adjusted performance of (0.09), and Standard Deviation of 0.7313 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and 92826CAN2 are completely uncorrelated.
Auto-correlation | 0.53 |
Modest predictability
VISA INC has modest predictability. Overlapping area represents the amount of predictability between 92826CAN2 time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 92826CAN2 price movement. The serial correlation of 0.53 indicates that about 53.0% of current 92826CAN2 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.53 | |
| Spearman Rank Test | 0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 0.78 |
92826CAN2 lagged returns against current returns
Autocorrelation, which is 92826CAN2 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 92826CAN2's bond expected returns. We can calculate the autocorrelation of 92826CAN2 returns to help us make a trade decision. For example, suppose you find that 92826CAN2 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 |
92826CAN2 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 92826CAN2 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 92826CAN2 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 92826CAN2 bond over time.
Current vs Lagged Prices |
| Timeline |
92826CAN2 Lagged Returns
When evaluating 92826CAN2's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 92826CAN2 bond have on its future price. 92826CAN2 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, 92826CAN2 autocorrelation shows the relationship between 92826CAN2 bond current value and its past values and can show if there is a momentum factor associated with investing in VISA INC.
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 92826CAN2 Bond
92826CAN2 financial ratios help investors to determine whether 92826CAN2 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 92826CAN2 with respect to the benefits of owning 92826CAN2 security.