DLTR 265 01 DEC 31 Market Value
| 256746AJ7 | 84.66 0.54 0.64% |
| Symbol | 256746AJ7 |
Please note, there is a significant difference between 256746AJ7's value and its price as these two are different measures arrived at by different means. Investors typically determine if 256746AJ7 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 256746AJ7'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.
256746AJ7 '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 256746AJ7'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 256746AJ7.
| 02/05/2024 |
| 12/31/2024 |
If you would invest 0.00 in 256746AJ7 on February 5, 2024 and sell it all today you would earn a total of 0.00 from holding DLTR 265 01 DEC 31 or generate 0.0% return on investment in 256746AJ7 over 330 days. 256746AJ7 is related to or competes with Marine Products, U Power, Bright Scholar, Wabash National, BorgWarner, Lucid, and Modine Manufacturing. More
256746AJ7 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 256746AJ7'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 DLTR 265 01 DEC 31 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 4.05 | |||
| Value At Risk | (1.53) | |||
| Potential Upside | 1.48 |
256746AJ7 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 256746AJ7's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 256746AJ7's standard deviation. In reality, there are many statistical measures that can use 256746AJ7 historical prices to predict the future 256746AJ7's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (0.56) |
DLTR 265 01 Backtested Returns
DLTR 265 01 secures Sharpe Ratio (or Efficiency) of -0.0861, which signifies that the bond had a -0.0861% return per unit of risk over the last 3 months. DLTR 265 01 DEC 31 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 256746AJ7's Standard Deviation of 0.9622, mean deviation of 0.5209, and Variance of 0.9258 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of 0.21, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 256746AJ7's returns are expected to increase less than the market. However, during the bear market, the loss of holding 256746AJ7 is expected to be smaller as well.
Auto-correlation | -0.11 |
Insignificant reverse predictability
DLTR 265 01 DEC 31 has insignificant reverse predictability. Overlapping area represents the amount of predictability between 256746AJ7 time series from 5th of February 2024 to 19th of July 2024 and 19th of July 2024 to 31st 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 DLTR 265 01 price movement. The serial correlation of -0.11 indicates that less than 11.0% of current 256746AJ7 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.8 |
DLTR 265 01 lagged returns against current returns
Autocorrelation, which is 256746AJ7 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 256746AJ7's bond expected returns. We can calculate the autocorrelation of 256746AJ7 returns to help us make a trade decision. For example, suppose you find that 256746AJ7 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 |
256746AJ7 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 256746AJ7 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 256746AJ7 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 256746AJ7 bond over time.
Current vs Lagged Prices |
| Timeline |
256746AJ7 Lagged Returns
When evaluating 256746AJ7's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 256746AJ7 bond have on its future price. 256746AJ7 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, 256746AJ7 autocorrelation shows the relationship between 256746AJ7 bond current value and its past values and can show if there is a momentum factor associated with investing in DLTR 265 01 DEC 31.
Regressed Prices |
| Timeline |
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Other Information on Investing in 256746AJ7 Bond
256746AJ7 financial ratios help investors to determine whether 256746AJ7 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 256746AJ7 with respect to the benefits of owning 256746AJ7 security.