CTAS 345 01 MAY 25 Market Value
| 17252MAP5 | 97.71 2.13 2.13% |
| Symbol | 17252MAP5 |
Please note, there is a significant difference between 17252MAP5's value and its price as these two are different measures arrived at by different means. Investors typically determine if 17252MAP5 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 17252MAP5'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.
17252MAP5 '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 17252MAP5'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 17252MAP5.
| 12/20/2024 |
| 03/20/2025 |
If you would invest 0.00 in 17252MAP5 on December 20, 2024 and sell it all today you would earn a total of 0.00 from holding CTAS 345 01 MAY 25 or generate 0.0% return on investment in 17252MAP5 over 90 days. 17252MAP5 is related to or competes with Bowhead Specialty, ScanSource, Direct Line, Loews Corp, Molina Healthcare, Keurig Dr, and Monster Beverage. More
17252MAP5 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 17252MAP5'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 CTAS 345 01 MAY 25 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1701 | |||
| Maximum Drawdown | 3.05 | |||
| Value At Risk | (0.23) | |||
| Potential Upside | 0.1914 |
17252MAP5 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 17252MAP5's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 17252MAP5's standard deviation. In reality, there are many statistical measures that can use 17252MAP5 historical prices to predict the future 17252MAP5's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | 0.0094 | |||
| Treynor Ratio | 0.3694 |
CTAS 345 01 Backtested Returns
At this point, 17252MAP5 is very steady. CTAS 345 01 retains Efficiency (Sharpe Ratio) of 0.0106, which signifies that the bond had a 0.0106 % return per unit of price deviation over the last 3 months. We have found twenty-one technical indicators for 17252MAP5, which you can use to evaluate the volatility of the entity. Please confirm 17252MAP5's Information Ratio of 0.1701, variance of 0.1439, and Market Risk Adjusted Performance of 0.3794 to double-check if the risk estimate we provide is consistent with the expected return of 0.0048%. The bond owns a Beta (Systematic Risk) of -0.0876, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 17252MAP5 are expected to decrease at a much lower rate. During the bear market, 17252MAP5 is likely to outperform the market.
Auto-correlation | 0.59 |
Modest predictability
CTAS 345 01 MAY 25 has modest predictability. Overlapping area represents the amount of predictability between 17252MAP5 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 CTAS 345 01 price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current 17252MAP5 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.59 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
CTAS 345 01 lagged returns against current returns
Autocorrelation, which is 17252MAP5 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 17252MAP5's bond expected returns. We can calculate the autocorrelation of 17252MAP5 returns to help us make a trade decision. For example, suppose you find that 17252MAP5 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 |
17252MAP5 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 17252MAP5 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 17252MAP5 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 17252MAP5 bond over time.
Current vs Lagged Prices |
| Timeline |
17252MAP5 Lagged Returns
When evaluating 17252MAP5's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 17252MAP5 bond have on its future price. 17252MAP5 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, 17252MAP5 autocorrelation shows the relationship between 17252MAP5 bond current value and its past values and can show if there is a momentum factor associated with investing in CTAS 345 01 MAY 25.
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 17252MAP5 Bond
17252MAP5 financial ratios help investors to determine whether 17252MAP5 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 17252MAP5 with respect to the benefits of owning 17252MAP5 security.