COACH INC 425 Market Value
| 189754AA2 | 98.43 1.17 1.17% |
| Symbol | COACH |
COACH '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 COACH'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 COACH.
| 11/15/2024 |
| 12/15/2024 |
If you would invest 0.00 in COACH on November 15, 2024 and sell it all today you would earn a total of 0.00 from holding COACH INC 425 or generate 0.0% return on investment in COACH over 30 days. COACH is related to or competes with 00108WAF7, 90331HPL1, Applied Blockchain, BigBearai Holdings, InMode, Sprott Focus, and IONQ. More
COACH 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 COACH'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 COACH INC 425 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 3.62 | |||
| Value At Risk | (0.73) | |||
| Potential Upside | 0.8531 |
COACH Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for COACH's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as COACH's standard deviation. In reality, there are many statistical measures that can use COACH historical prices to predict the future COACH's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | (0.24) |
COACH INC 425 Backtested Returns
COACH INC 425 retains Efficiency (Sharpe Ratio) of -0.0778, which signifies that the bond had a -0.0778% return per unit of risk over the last 3 months. COACH exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm COACH's variance of 0.2612, and Market Risk Adjusted Performance of (0.23) to double-check the risk estimate we provide. The bond owns a Beta (Systematic Risk) of 0.11, which signifies not very significant fluctuations relative to the market. As returns on the market increase, COACH's returns are expected to increase less than the market. However, during the bear market, the loss of holding COACH is expected to be smaller as well.
Auto-correlation | -0.47 |
Modest reverse predictability
COACH INC 425 has modest reverse predictability. Overlapping area represents the amount of predictability between COACH time series from 15th of November 2024 to 30th of November 2024 and 30th of November 2024 to 15th 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 COACH INC 425 price movement. The serial correlation of -0.47 indicates that about 47.0% of current COACH price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.47 | |
| Spearman Rank Test | -0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
COACH INC 425 lagged returns against current returns
Autocorrelation, which is COACH 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 COACH's bond expected returns. We can calculate the autocorrelation of COACH returns to help us make a trade decision. For example, suppose you find that COACH 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 |
COACH 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 COACH bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if COACH bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in COACH bond over time.
Current vs Lagged Prices |
| Timeline |
COACH Lagged Returns
When evaluating COACH's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of COACH bond have on its future price. COACH 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, COACH autocorrelation shows the relationship between COACH bond current value and its past values and can show if there is a momentum factor associated with investing in COACH INC 425.
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 COACH Bond
COACH financial ratios help investors to determine whether COACH 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 COACH with respect to the benefits of owning COACH security.