C H ROBINSON Market Value
| 12541WAA8 | 97.57 0.78 0.79% |
| Symbol | 12541WAA8 |
12541WAA8 '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 12541WAA8'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 12541WAA8.
| 08/06/2024 |
| 12/04/2024 |
If you would invest 0.00 in 12541WAA8 on August 6, 2024 and sell it all today you would earn a total of 0.00 from holding C H ROBINSON or generate 0.0% return on investment in 12541WAA8 over 120 days. 12541WAA8 is related to or competes with Qualys, Q2 Holdings, Uber Technologies, NetSol Technologies, Playtika Holding, Pinterest, and Asure Software. More
12541WAA8 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 12541WAA8'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 C H ROBINSON upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.32) | |||
| Maximum Drawdown | 2.73 | |||
| Value At Risk | (0.85) | |||
| Potential Upside | 1.05 |
12541WAA8 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 12541WAA8's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 12541WAA8's standard deviation. In reality, there are many statistical measures that can use 12541WAA8 historical prices to predict the future 12541WAA8's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (0.69) |
C H ROBINSON Backtested Returns
C H ROBINSON secures Sharpe Ratio (or Efficiency) of -0.0849, which signifies that the bond had a -0.0849% return per unit of price deviation over the last 3 months. C H ROBINSON exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 12541WAA8's Variance of 0.2368, information ratio of (0.32), and Mean Deviation of 0.3224 to double-check the risk estimate we provide. The entity shows a Beta (market volatility) of 0.0741, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 12541WAA8's returns are expected to increase less than the market. However, during the bear market, the loss of holding 12541WAA8 is expected to be smaller as well.
Auto-correlation | -0.32 |
Poor reverse predictability
C H ROBINSON has poor reverse predictability. Overlapping area represents the amount of predictability between 12541WAA8 time series from 6th of August 2024 to 5th of October 2024 and 5th of October 2024 to 4th 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 C H ROBINSON price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current 12541WAA8 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.32 | |
| Spearman Rank Test | -0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.71 |
C H ROBINSON lagged returns against current returns
Autocorrelation, which is 12541WAA8 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 12541WAA8's bond expected returns. We can calculate the autocorrelation of 12541WAA8 returns to help us make a trade decision. For example, suppose you find that 12541WAA8 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 |
12541WAA8 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 12541WAA8 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 12541WAA8 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 12541WAA8 bond over time.
Current vs Lagged Prices |
| Timeline |
12541WAA8 Lagged Returns
When evaluating 12541WAA8's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 12541WAA8 bond have on its future price. 12541WAA8 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, 12541WAA8 autocorrelation shows the relationship between 12541WAA8 bond current value and its past values and can show if there is a momentum factor associated with investing in C H ROBINSON.
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 12541WAA8 Bond
12541WAA8 financial ratios help investors to determine whether 12541WAA8 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 12541WAA8 with respect to the benefits of owning 12541WAA8 security.