DUKE PWR LLC Market Value
| 264399DK9 | 103.95 0.91 0.87% |
| Symbol | 264399DK9 |
264399DK9 '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 264399DK9'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 264399DK9.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in 264399DK9 on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding DUKE PWR LLC or generate 0.0% return on investment in 264399DK9 over 90 days. 264399DK9 is related to or competes with 00108WAF7, BlackBerry, Grupo Aeroportuario, Uber Technologies, Sea, Tonix Pharmaceuticals, and LG Display. More
264399DK9 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 264399DK9'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 DUKE PWR LLC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1157 | |||
| Maximum Drawdown | 4.71 | |||
| Value At Risk | (1.27) | |||
| Potential Upside | 1.44 |
264399DK9 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 264399DK9's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 264399DK9's standard deviation. In reality, there are many statistical measures that can use 264399DK9 historical prices to predict the future 264399DK9's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | 0.0929 | |||
| Treynor Ratio | (0.94) |
DUKE PWR LLC Backtested Returns
At this point, 264399DK9 is very steady. DUKE PWR LLC secures Sharpe Ratio (or Efficiency) of 0.0641, which signifies that the bond had a 0.0641 % return per unit of price deviation over the last 3 months. We have found twenty-one technical indicators for DUKE PWR LLC, which you can use to evaluate the volatility of the entity. Please confirm 264399DK9's Information Ratio of 0.1157, mean deviation of 0.6067, and Standard Deviation of 0.838 to double-check if the risk estimate we provide is consistent with the expected return of 0.0555%. The bond shows a Beta (market volatility) of 0.0129, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 264399DK9's returns are expected to increase less than the market. However, during the bear market, the loss of holding 264399DK9 is expected to be smaller as well.
Auto-correlation | -0.12 |
Insignificant reverse predictability
DUKE PWR LLC has insignificant reverse predictability. Overlapping area represents the amount of predictability between 264399DK9 time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 DUKE PWR LLC price movement. The serial correlation of -0.12 indicates that less than 12.0% of current 264399DK9 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.62 |
DUKE PWR LLC lagged returns against current returns
Autocorrelation, which is 264399DK9 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 264399DK9's bond expected returns. We can calculate the autocorrelation of 264399DK9 returns to help us make a trade decision. For example, suppose you find that 264399DK9 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 |
264399DK9 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 264399DK9 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 264399DK9 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 264399DK9 bond over time.
Current vs Lagged Prices |
| Timeline |
264399DK9 Lagged Returns
When evaluating 264399DK9's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 264399DK9 bond have on its future price. 264399DK9 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, 264399DK9 autocorrelation shows the relationship between 264399DK9 bond current value and its past values and can show if there is a momentum factor associated with investing in DUKE PWR LLC.
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 264399DK9 Bond
264399DK9 financial ratios help investors to determine whether 264399DK9 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 264399DK9 with respect to the benefits of owning 264399DK9 security.