DANAHER PORATION Market Value
| 235851AV4 | 59.95 0.10 0.17% |
| Symbol | DANAHER |
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.
| 12/13/2024 |
| 03/13/2025 |
If you would invest 0.00 in DANAHER on December 13, 2024 and sell it all today you would earn a total of 0.00 from holding DANAHER PORATION or generate 0.0% return on investment in DANAHER over 90 days. DANAHER is related to or competes with KVH Industries, Anheuser Busch, Weibo Corp, SNDL, Guangzhou Automobile, and Ultra Clean. More
DANAHER 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 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 PORATION upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.023 | |||
| Maximum Drawdown | 6.56 | |||
| Value At Risk | (1.66) | |||
| Potential Upside | 1.52 |
DANAHER Market Risk Indicators
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.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | 0.0771 | |||
| Treynor Ratio | (0.39) |
DANAHER PORATION Backtested Returns
DANAHER PORATION secures Sharpe Ratio (or Efficiency) of -0.0605, which denotes the bond had a -0.0605 % return per unit of risk over the last 3 months. DANAHER PORATION exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DANAHER's Standard Deviation of 1.16, coefficient of variation of (1,292), and Mean Deviation of 0.8142 to check the risk estimate we provide. The entity shows a Beta (market volatility) of 0.26, which means not very significant fluctuations relative to the market. As returns on the market increase, DANAHER's returns are expected to increase less than the market. However, during the bear market, the loss of holding DANAHER is expected to be smaller as well.
Auto-correlation | -0.52 |
Good reverse predictability
DANAHER PORATION has good reverse predictability. Overlapping area represents the amount of predictability between DANAHER time series from 13th of December 2024 to 27th of January 2025 and 27th of January 2025 to 13th 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 DANAHER PORATION price movement. The serial correlation of -0.52 indicates that about 52.0% of current DANAHER price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.52 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.81 |
DANAHER PORATION 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 PORATION.
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 DANAHER Bond
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.