DANAHER's market value is the price at which a share of DANAHER trades on an exchange. It measures the collective expectations of DANAHER P 4375 investors about the bond's future performance. With this module, you can estimate the performance of a buy and hold strategy of DANAHER P 4375 and determine expected loss or profit from investing in DANAHER over a given investment horizon. Check out DANAHER Correlation, DANAHER Volatility and DANAHER Alpha and Beta module to complement your research on DANAHER. For information on how to trade DANAHER Bond refer to our How to Trade DANAHER Bond guide.
Please note, there is a significant difference between DANAHER's value and its price as these two are different measures arrived at by different means. Investors typically determine if DANAHER is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DANAHER'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.
DANAHER '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 DANAHER'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 DANAHER.
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure DANAHER'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 DANAHER P 4375 upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for DANAHER's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DANAHER's standard deviation. In reality, there are many statistical measures that can use DANAHER historical prices to predict the future DANAHER's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as DANAHER. Your research has to be compared to or analyzed against DANAHER's peers to derive any actionable benefits. When done correctly, DANAHER's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in DANAHER P 4375.
DANAHER P 4375 Backtested Returns
At this point, DANAHER is very steady. DANAHER P 4375 secures Sharpe Ratio (or Efficiency) of 0.059, which denotes the bond had a 0.059% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for DANAHER P 4375, which you can use to evaluate the volatility of the entity. Please confirm DANAHER's Semi Deviation of 1.36, downside deviation of 1.45, and Mean Deviation of 1.09 to check if the risk estimate we provide is consistent with the expected return of 0.13%. The entity shows a Beta (market volatility) of -0.0615, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning DANAHER are expected to decrease at a much lower rate. During the bear market, DANAHER is likely to outperform the market.
Auto-correlation
0.12
Insignificant predictability
DANAHER P 4375 has insignificant predictability. Overlapping area represents the amount of predictability between DANAHER time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th 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 DANAHER P 4375 price movement. The serial correlation of 0.12 indicates that less than 12.0% of current DANAHER price fluctuation can be explain by its past prices.
Correlation Coefficient
0.12
Spearman Rank Test
0.36
Residual Average
0.0
Price Variance
972.54
DANAHER P 4375 lagged returns against current returns
Autocorrelation, which is DANAHER 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 DANAHER's bond expected returns. We can calculate the autocorrelation of DANAHER returns to help us make a trade decision. For example, suppose you find that DANAHER 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
DANAHER 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 DANAHER bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DANAHER bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DANAHER bond over time.
Current vs Lagged Prices
Timeline
DANAHER Lagged Returns
When evaluating DANAHER's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DANAHER bond have on its future price. DANAHER 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, DANAHER autocorrelation shows the relationship between DANAHER bond current value and its past values and can show if there is a momentum factor associated with investing in DANAHER P 4375.
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.
DANAHER financial ratios help investors to determine whether DANAHER 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 DANAHER with respect to the benefits of owning DANAHER security.