DUK 4 01 APR 52 Market Value
| 26442UAP9 | 82.42 0.00 0.00% |
| Symbol | 26442UAP9 |
Please note, there is a significant difference between 26442UAP9's value and its price as these two are different measures arrived at by different means. Investors typically determine if 26442UAP9 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 26442UAP9'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.
26442UAP9 '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 26442UAP9'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 26442UAP9.
| 02/10/2024 |
| 01/05/2025 |
If you would invest 0.00 in 26442UAP9 on February 10, 2024 and sell it all today you would earn a total of 0.00 from holding DUK 4 01 APR 52 or generate 0.0% return on investment in 26442UAP9 over 330 days. 26442UAP9 is related to or competes with Grupo Simec, Nabors Industries, Universal Stainless, and Drilling Tools. More
26442UAP9 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 26442UAP9'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 DUK 4 01 APR 52 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.82 | |||
| Information Ratio | 0.0058 | |||
| Maximum Drawdown | 16.04 | |||
| Value At Risk | (2.33) | |||
| Potential Upside | 3.44 |
26442UAP9 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 26442UAP9's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 26442UAP9's standard deviation. In reality, there are many statistical measures that can use 26442UAP9 historical prices to predict the future 26442UAP9's volatility.| Risk Adjusted Performance | 0.0192 | |||
| Jensen Alpha | 0.0256 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0071 | |||
| Treynor Ratio | (1.13) |
26442UAP9 Backtested Returns
At this point, 26442UAP9 is very steady. 26442UAP9 secures Sharpe Ratio (or Efficiency) of 0.0352, which signifies that the bond had a 0.0352% return per unit of price deviation over the last 3 months. We have found twenty-five technical indicators for DUK 4 01 APR 52, which you can use to evaluate the volatility of the entity. Please confirm 26442UAP9's Standard Deviation of 2.23, downside deviation of 1.82, and Mean Deviation of 1.27 to double-check if the risk estimate we provide is consistent with the expected return of 0.0667%. The bond shows a Beta (market volatility) of -0.0223, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 26442UAP9 are expected to decrease at a much lower rate. During the bear market, 26442UAP9 is likely to outperform the market.
Auto-correlation | 0.10 |
Insignificant predictability
DUK 4 01 APR 52 has insignificant predictability. Overlapping area represents the amount of predictability between 26442UAP9 time series from 10th of February 2024 to 24th of July 2024 and 24th of July 2024 to 5th 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 26442UAP9 price movement. The serial correlation of 0.1 indicates that less than 10.0% of current 26442UAP9 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.1 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 4.36 |
26442UAP9 lagged returns against current returns
Autocorrelation, which is 26442UAP9 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 26442UAP9's bond expected returns. We can calculate the autocorrelation of 26442UAP9 returns to help us make a trade decision. For example, suppose you find that 26442UAP9 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 |
26442UAP9 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 26442UAP9 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 26442UAP9 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 26442UAP9 bond over time.
Current vs Lagged Prices |
| Timeline |
26442UAP9 Lagged Returns
When evaluating 26442UAP9's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 26442UAP9 bond have on its future price. 26442UAP9 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, 26442UAP9 autocorrelation shows the relationship between 26442UAP9 bond current value and its past values and can show if there is a momentum factor associated with investing in DUK 4 01 APR 52.
Regressed Prices |
| Timeline |
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Other Information on Investing in 26442UAP9 Bond
26442UAP9 financial ratios help investors to determine whether 26442UAP9 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 26442UAP9 with respect to the benefits of owning 26442UAP9 security.