EFX 235 15 SEP 31 Market Value
| 294429AT2 | 85.04 0.45 0.53% |
| Symbol | 294429AT2 |
Please note, there is a significant difference between 294429AT2's value and its price as these two are different measures arrived at by different means. Investors typically determine if 294429AT2 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 294429AT2'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.
294429AT2 '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 294429AT2'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 294429AT2.
| 02/28/2023 |
| 02/17/2025 |
If you would invest 0.00 in 294429AT2 on February 28, 2023 and sell it all today you would earn a total of 0.00 from holding EFX 235 15 SEP 31 or generate 0.0% return on investment in 294429AT2 over 720 days. 294429AT2 is related to or competes with Yum Brands, El Pollo, Starbucks, Sun Country, International Consolidated, RCI Hospitality, and Ryanair Holdings. More
294429AT2 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 294429AT2'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 EFX 235 15 SEP 31 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6402 | |||
| Information Ratio | 0.0169 | |||
| Maximum Drawdown | 4.45 | |||
| Value At Risk | (1.17) | |||
| Potential Upside | 1.06 |
294429AT2 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 294429AT2's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 294429AT2's standard deviation. In reality, there are many statistical measures that can use 294429AT2 historical prices to predict the future 294429AT2's volatility.| Risk Adjusted Performance | 0.0231 | |||
| Jensen Alpha | 0.0126 | |||
| Total Risk Alpha | 0.0116 | |||
| Sortino Ratio | 0.0181 | |||
| Treynor Ratio | 0.2207 |
EFX 235 15 Backtested Returns
At this point, 294429AT2 is very steady. EFX 235 15 secures Sharpe Ratio (or Efficiency) of 0.0331, which signifies that the bond had a 0.0331 % return per unit of return volatility over the last 3 months. We have found twenty-eight technical indicators for EFX 235 15 SEP 31, which you can use to evaluate the volatility of the entity. Please confirm 294429AT2's downside deviation of 0.6402, and Mean Deviation of 0.4559 to double-check if the risk estimate we provide is consistent with the expected return of 0.0227%. The bond shows a Beta (market volatility) of 0.0574, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 294429AT2's returns are expected to increase less than the market. However, during the bear market, the loss of holding 294429AT2 is expected to be smaller as well.
Auto-correlation | -0.43 |
Modest reverse predictability
EFX 235 15 SEP 31 has modest reverse predictability. Overlapping area represents the amount of predictability between 294429AT2 time series from 28th of February 2023 to 23rd of February 2024 and 23rd of February 2024 to 17th of February 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 EFX 235 15 price movement. The serial correlation of -0.43 indicates that just about 43.0% of current 294429AT2 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 3.4 |
EFX 235 15 lagged returns against current returns
Autocorrelation, which is 294429AT2 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 294429AT2's bond expected returns. We can calculate the autocorrelation of 294429AT2 returns to help us make a trade decision. For example, suppose you find that 294429AT2 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 |
294429AT2 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 294429AT2 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 294429AT2 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 294429AT2 bond over time.
Current vs Lagged Prices |
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294429AT2 Lagged Returns
When evaluating 294429AT2's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 294429AT2 bond have on its future price. 294429AT2 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, 294429AT2 autocorrelation shows the relationship between 294429AT2 bond current value and its past values and can show if there is a momentum factor associated with investing in EFX 235 15 SEP 31.
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 294429AT2 Bond
294429AT2 financial ratios help investors to determine whether 294429AT2 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 294429AT2 with respect to the benefits of owning 294429AT2 security.