AXA EQUITABLE HLDGS Market Value
| 054561AM7 | 92.27 0.19 0.21% |
| Symbol | 054561AM7 |
054561AM7 '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 054561AM7'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 054561AM7.
| 01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in 054561AM7 on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding AXA EQUITABLE HLDGS or generate 0.0% return on investment in 054561AM7 over 30 days. 054561AM7 is related to or competes with Vulcan Materials, Lithium Americas, Griffon, Alto Ingredients, Denison Mines, and Western Copper. More
054561AM7 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 054561AM7'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 AXA EQUITABLE HLDGS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.09 | |||
| Information Ratio | 0.0088 | |||
| Maximum Drawdown | 6.34 | |||
| Value At Risk | (1.52) | |||
| Potential Upside | 1.69 |
054561AM7 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 054561AM7's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 054561AM7's standard deviation. In reality, there are many statistical measures that can use 054561AM7 historical prices to predict the future 054561AM7's volatility.| Risk Adjusted Performance | 0.0121 | |||
| Jensen Alpha | 0.0027 | |||
| Total Risk Alpha | 0.0128 | |||
| Sortino Ratio | 0.0088 | |||
| Treynor Ratio | (0.05) |
AXA EQUITABLE HLDGS Backtested Returns
AXA EQUITABLE HLDGS retains Efficiency (Sharpe Ratio) of -0.0269, which signifies that the bond had a -0.0269 % return per unit of price deviation over the last 3 months. 054561AM7 exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 054561AM7's Coefficient Of Variation of 8315.83, standard deviation of 1.09, and Market Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide. The bond owns a Beta (Systematic Risk) of -0.0656, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 054561AM7 are expected to decrease at a much lower rate. During the bear market, 054561AM7 is likely to outperform the market.
Auto-correlation | 0.81 |
Very good predictability
AXA EQUITABLE HLDGS has very good predictability. Overlapping area represents the amount of predictability between 054561AM7 time series from 28th of January 2025 to 12th of February 2025 and 12th of February 2025 to 27th of February 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 AXA EQUITABLE HLDGS price movement. The serial correlation of 0.81 indicates that around 81.0% of current 054561AM7 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.81 | |
| Spearman Rank Test | 0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 1.11 |
AXA EQUITABLE HLDGS lagged returns against current returns
Autocorrelation, which is 054561AM7 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 054561AM7's bond expected returns. We can calculate the autocorrelation of 054561AM7 returns to help us make a trade decision. For example, suppose you find that 054561AM7 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 |
054561AM7 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 054561AM7 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 054561AM7 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 054561AM7 bond over time.
Current vs Lagged Prices |
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054561AM7 Lagged Returns
When evaluating 054561AM7's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 054561AM7 bond have on its future price. 054561AM7 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, 054561AM7 autocorrelation shows the relationship between 054561AM7 bond current value and its past values and can show if there is a momentum factor associated with investing in AXA EQUITABLE HLDGS.
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 054561AM7 Bond
054561AM7 financial ratios help investors to determine whether 054561AM7 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 054561AM7 with respect to the benefits of owning 054561AM7 security.