AVANTOR FDG INC Market Value
| 05352TAA7 | 96.68 0.25 0.26% |
| Symbol | AVANTOR |
AVANTOR '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 AVANTOR'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 AVANTOR.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in AVANTOR on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding AVANTOR FDG INC or generate 0.0% return on investment in AVANTOR over 90 days. AVANTOR is related to or competes with Franklin Wireless, Nexstar Broadcasting, Envista Holdings, Avery Dennison, Saia, and Old Dominion. More
AVANTOR 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 AVANTOR'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 AVANTOR FDG INC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1964 | |||
| Maximum Drawdown | 2.03 | |||
| Value At Risk | (0.64) | |||
| Potential Upside | 0.645 |
AVANTOR Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AVANTOR's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AVANTOR's standard deviation. In reality, there are many statistical measures that can use AVANTOR historical prices to predict the future AVANTOR's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | 0.0252 | |||
| Treynor Ratio | 12.41 |
AVANTOR FDG INC Backtested Returns
At this point, AVANTOR is very steady. AVANTOR FDG INC retains Efficiency (Sharpe Ratio) of 0.0689, which signifies that the bond had a 0.0689 % return per unit of risk over the last 3 months. We have found twenty-one technical indicators for AVANTOR, which you can use to evaluate the volatility of the entity. Please confirm AVANTOR's variance of 0.1497, and Market Risk Adjusted Performance of 12.42 to double-check if the risk estimate we provide is consistent with the expected return of 0.019%. The bond owns a Beta (Systematic Risk) of -0.0012, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning AVANTOR are expected to decrease at a much lower rate. During the bear market, AVANTOR is likely to outperform the market.
Auto-correlation | 0.18 |
Very weak predictability
AVANTOR FDG INC has very weak predictability. Overlapping area represents the amount of predictability between AVANTOR time series from 19th of December 2024 to 2nd of February 2025 and 2nd of February 2025 to 19th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of AVANTOR FDG INC price movement. The serial correlation of 0.18 indicates that over 18.0% of current AVANTOR price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | 0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
AVANTOR FDG INC lagged returns against current returns
Autocorrelation, which is AVANTOR 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 AVANTOR's bond expected returns. We can calculate the autocorrelation of AVANTOR returns to help us make a trade decision. For example, suppose you find that AVANTOR 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 |
AVANTOR 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 AVANTOR bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AVANTOR bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AVANTOR bond over time.
Current vs Lagged Prices |
| Timeline |
AVANTOR Lagged Returns
When evaluating AVANTOR's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AVANTOR bond have on its future price. AVANTOR 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, AVANTOR autocorrelation shows the relationship between AVANTOR bond current value and its past values and can show if there is a momentum factor associated with investing in AVANTOR FDG 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 AVANTOR Bond
AVANTOR financial ratios help investors to determine whether AVANTOR 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 AVANTOR with respect to the benefits of owning AVANTOR security.