532457BU1's market value is the price at which a share of 532457BU1 trades on an exchange. It measures the collective expectations of ELI LILLY AND investors about the bond's future performance. With this module, you can estimate the performance of a buy and hold strategy of ELI LILLY AND and determine expected loss or profit from investing in 532457BU1 over a given investment horizon. Check out 532457BU1 Correlation, 532457BU1 Volatility and 532457BU1 Alpha and Beta module to complement your research on 532457BU1.
Please note, there is a significant difference between 532457BU1's value and its price as these two are different measures arrived at by different means. Investors typically determine if 532457BU1 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 532457BU1'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.
532457BU1 '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 532457BU1'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 532457BU1.
0.00
12/11/2024
No Change 0.00
0.0
In 31 days
01/10/2025
0.00
If you would invest 0.00 in 532457BU1 on December 11, 2024 and sell it all today you would earn a total of 0.00 from holding ELI LILLY AND or generate 0.0% return on investment in 532457BU1 over 30 days. 532457BU1 is related to or competes with Target Hospitality, Denison Mines, Biglari Holdings, BJs Restaurants, Eldorado Gold, Cheesecake Factory, and Aluminum. 532457BU1 is entity of United States. It is traded as Bond on Bond exchange. More
532457BU1 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 532457BU1'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 ELI LILLY AND upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for 532457BU1's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 532457BU1's standard deviation. In reality, there are many statistical measures that can use 532457BU1 historical prices to predict the future 532457BU1's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as 532457BU1. Your research has to be compared to or analyzed against 532457BU1's peers to derive any actionable benefits. When done correctly, 532457BU1's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in ELI LILLY AND.
ELI LILLY AND Backtested Returns
ELI LILLY AND secures Sharpe Ratio (or Efficiency) of -0.0398, which signifies that the bond had a -0.0398% return per unit of price deviation over the last 3 months. ELI LILLY AND exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 532457BU1's Information Ratio of (0.06), standard deviation of 1.71, and Mean Deviation of 1.07 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of 0.75, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, 532457BU1's returns are expected to increase less than the market. However, during the bear market, the loss of holding 532457BU1 is expected to be smaller as well.
Auto-correlation
-0.5
Modest reverse predictability
ELI LILLY AND has modest reverse predictability. Overlapping area represents the amount of predictability between 532457BU1 time series from 11th of December 2024 to 26th of December 2024 and 26th of December 2024 to 10th 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 ELI LILLY AND price movement. The serial correlation of -0.5 indicates that about 50.0% of current 532457BU1 price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.5
Spearman Rank Test
-0.36
Residual Average
0.0
Price Variance
4.37
ELI LILLY AND lagged returns against current returns
Autocorrelation, which is 532457BU1 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 532457BU1's bond expected returns. We can calculate the autocorrelation of 532457BU1 returns to help us make a trade decision. For example, suppose you find that 532457BU1 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
532457BU1 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 532457BU1 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 532457BU1 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 532457BU1 bond over time.
Current vs Lagged Prices
Timeline
532457BU1 Lagged Returns
When evaluating 532457BU1's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 532457BU1 bond have on its future price. 532457BU1 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, 532457BU1 autocorrelation shows the relationship between 532457BU1 bond current value and its past values and can show if there is a momentum factor associated with investing in ELI LILLY AND.
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.
532457BU1 financial ratios help investors to determine whether 532457BU1 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 532457BU1 with respect to the benefits of owning 532457BU1 security.