COF 5817 01 FEB 34 Market Value
| 14040HCY9 | 100.45 0.03 0.03% |
| Symbol | 14040HCY9 |
Please note, there is a significant difference between 14040HCY9's value and its price as these two are different measures arrived at by different means. Investors typically determine if 14040HCY9 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 14040HCY9's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
14040HCY9 '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 14040HCY9'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 14040HCY9.
| 10/11/2023 |
| 01/03/2025 |
If you would invest 0.00 in 14040HCY9 on October 11, 2023 and sell it all today you would earn a total of 0.00 from holding COF 5817 01 FEB 34 or generate 0.0% return on investment in 14040HCY9 over 450 days. 14040HCY9 is related to or competes with 00108WAF7, 90331HPL1, Salesforce, MicroCloud Hologram, Inter Parfums, LandBridge Company, and Occidental. More
14040HCY9 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 14040HCY9'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 COF 5817 01 FEB 34 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 21.07 | |||
| Value At Risk | (1.29) | |||
| Potential Upside | 0.8397 |
14040HCY9 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 14040HCY9's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 14040HCY9's standard deviation. In reality, there are many statistical measures that can use 14040HCY9 historical prices to predict the future 14040HCY9's volatility.| Risk Adjusted Performance | 3.0E-4 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | 3.26 |
COF 5817 01 Backtested Returns
COF 5817 01 secures Sharpe Ratio (or Efficiency) of -0.16, which signifies that the bond had a -0.16% return per unit of price deviation over the last 3 months. COF 5817 01 FEB 34 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 14040HCY9's Variance of 7.2, mean deviation of 0.9588, and Risk Adjusted Performance of 3.0E-4 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.0099, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 14040HCY9 are expected to decrease at a much lower rate. During the bear market, 14040HCY9 is likely to outperform the market.
Auto-correlation | 0.69 |
Good predictability
COF 5817 01 FEB 34 has good predictability. Overlapping area represents the amount of predictability between 14040HCY9 time series from 11th of October 2023 to 23rd of May 2024 and 23rd of May 2024 to 3rd of January 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 COF 5817 01 price movement. The serial correlation of 0.69 indicates that around 69.0% of current 14040HCY9 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.69 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 2.46 |
COF 5817 01 lagged returns against current returns
Autocorrelation, which is 14040HCY9 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 14040HCY9's bond expected returns. We can calculate the autocorrelation of 14040HCY9 returns to help us make a trade decision. For example, suppose you find that 14040HCY9 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 |
14040HCY9 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 14040HCY9 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 14040HCY9 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 14040HCY9 bond over time.
Current vs Lagged Prices |
| Timeline |
14040HCY9 Lagged Returns
When evaluating 14040HCY9's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 14040HCY9 bond have on its future price. 14040HCY9 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, 14040HCY9 autocorrelation shows the relationship between 14040HCY9 bond current value and its past values and can show if there is a momentum factor associated with investing in COF 5817 01 FEB 34.
Regressed Prices |
| Timeline |
Also Currently Popular
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| CRM | Salesforce | |
| MSFT | Microsoft |
Other Information on Investing in 14040HCY9 Bond
14040HCY9 financial ratios help investors to determine whether 14040HCY9 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 14040HCY9 with respect to the benefits of owning 14040HCY9 security.