CAMDEN PPTY TR Market Value
| 133131AW2 | 96.15 0.89 0.92% |
| Symbol | CAMDEN |
CAMDEN '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 CAMDEN'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 CAMDEN.
| 11/23/2024 |
| 12/23/2024 |
If you would invest 0.00 in CAMDEN on November 23, 2024 and sell it all today you would earn a total of 0.00 from holding CAMDEN PPTY TR or generate 0.0% return on investment in CAMDEN over 30 days. CAMDEN is related to or competes with Skillful Craftsman, Algoma Steel, Afya, United States, WEBTOON Entertainment, ArcelorMittal, and Coursera. More
CAMDEN 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 CAMDEN'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 CAMDEN PPTY TR upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 6.28 | |||
| Value At Risk | (0.73) | |||
| Potential Upside | 0.5333 |
CAMDEN Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CAMDEN's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CAMDEN's standard deviation. In reality, there are many statistical measures that can use CAMDEN historical prices to predict the future CAMDEN's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | (0.48) |
CAMDEN PPTY TR Backtested Returns
CAMDEN PPTY TR secures Sharpe Ratio (or Efficiency) of -0.21, which signifies that the bond had a -0.21% return per unit of risk over the last 3 months. CAMDEN PPTY TR exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CAMDEN's Mean Deviation of 0.4084, variance of 0.9017, and Coefficient Of Variation of (2,503) to double-check the risk estimate we provide. The entity shows a Beta (market volatility) of 0.1, which signifies not very significant fluctuations relative to the market. As returns on the market increase, CAMDEN's returns are expected to increase less than the market. However, during the bear market, the loss of holding CAMDEN is expected to be smaller as well.
Auto-correlation | -0.4 |
Poor reverse predictability
CAMDEN PPTY TR has poor reverse predictability. Overlapping area represents the amount of predictability between CAMDEN time series from 23rd of November 2024 to 8th of December 2024 and 8th of December 2024 to 23rd 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 CAMDEN PPTY TR price movement. The serial correlation of -0.4 indicates that just about 40.0% of current CAMDEN price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.4 | |
| Spearman Rank Test | -0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
CAMDEN PPTY TR lagged returns against current returns
Autocorrelation, which is CAMDEN 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 CAMDEN's bond expected returns. We can calculate the autocorrelation of CAMDEN returns to help us make a trade decision. For example, suppose you find that CAMDEN 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 |
CAMDEN 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 CAMDEN bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CAMDEN bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CAMDEN bond over time.
Current vs Lagged Prices |
| Timeline |
CAMDEN Lagged Returns
When evaluating CAMDEN's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CAMDEN bond have on its future price. CAMDEN 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, CAMDEN autocorrelation shows the relationship between CAMDEN bond current value and its past values and can show if there is a momentum factor associated with investing in CAMDEN PPTY TR.
Regressed Prices |
| Timeline |
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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 CAMDEN Bond
CAMDEN financial ratios help investors to determine whether CAMDEN 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 CAMDEN with respect to the benefits of owning CAMDEN security.