CMS ENERGY P Market Value
| 125896BR0 | 96.25 0.70 0.72% |
| Symbol | 125896BR0 |
125896BR0 '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 125896BR0'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 125896BR0.
| 12/20/2024 |
| 03/20/2025 |
If you would invest 0.00 in 125896BR0 on December 20, 2024 and sell it all today you would earn a total of 0.00 from holding CMS ENERGY P or generate 0.0% return on investment in 125896BR0 over 90 days. 125896BR0 is related to or competes with Barings BDC, Hudson Technologies, Balchem, Chiba Bank, Univest Pennsylvania, Malaga Financial, and NL Industries. More
125896BR0 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 125896BR0'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 CMS ENERGY P upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8471 | |||
| Information Ratio | 0.1083 | |||
| Maximum Drawdown | 5.18 | |||
| Value At Risk | (0.33) | |||
| Potential Upside | 0.4586 |
125896BR0 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 125896BR0's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 125896BR0's standard deviation. In reality, there are many statistical measures that can use 125896BR0 historical prices to predict the future 125896BR0's volatility.| Risk Adjusted Performance | 7.0E-4 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | 0.0812 | |||
| Sortino Ratio | 0.1042 | |||
| Treynor Ratio | 0.0936 |
CMS ENERGY P Backtested Returns
At this point, 125896BR0 is very steady. CMS ENERGY P secures Sharpe Ratio (or Efficiency) of 0.054, which signifies that the bond had a 0.054 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for CMS ENERGY P, which you can use to evaluate the volatility of the entity. Please confirm 125896BR0's Downside Deviation of 0.8471, mean deviation of 0.2977, and Risk Adjusted Performance of 7.0E-4 to double-check if the risk estimate we provide is consistent with the expected return of 0.011%. The bond shows a Beta (market volatility) of -0.0919, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 125896BR0 are expected to decrease at a much lower rate. During the bear market, 125896BR0 is likely to outperform the market.
Auto-correlation | 0.01 |
Virtually no predictability
CMS ENERGY P has virtually no predictability. Overlapping area represents the amount of predictability between 125896BR0 time series from 20th of December 2024 to 3rd of February 2025 and 3rd of February 2025 to 20th 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 CMS ENERGY P price movement. The serial correlation of 0.01 indicates that just 1.0% of current 125896BR0 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | 0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
CMS ENERGY P lagged returns against current returns
Autocorrelation, which is 125896BR0 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 125896BR0's bond expected returns. We can calculate the autocorrelation of 125896BR0 returns to help us make a trade decision. For example, suppose you find that 125896BR0 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 |
125896BR0 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 125896BR0 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 125896BR0 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 125896BR0 bond over time.
Current vs Lagged Prices |
| Timeline |
125896BR0 Lagged Returns
When evaluating 125896BR0's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 125896BR0 bond have on its future price. 125896BR0 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, 125896BR0 autocorrelation shows the relationship between 125896BR0 bond current value and its past values and can show if there is a momentum factor associated with investing in CMS ENERGY P.
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 125896BR0 Bond
125896BR0 financial ratios help investors to determine whether 125896BR0 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 125896BR0 with respect to the benefits of owning 125896BR0 security.