532457BZ0's market value is the price at which a share of 532457BZ0 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 532457BZ0 over a given investment horizon. Check out 532457BZ0 Correlation, 532457BZ0 Volatility and 532457BZ0 Alpha and Beta module to complement your research on 532457BZ0.
Please note, there is a significant difference between 532457BZ0's value and its price as these two are different measures arrived at by different means. Investors typically determine if 532457BZ0 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 532457BZ0'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.
532457BZ0 '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 532457BZ0'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 532457BZ0.
0.00
01/21/2023
No Change 0.00
0.0
In 1 year 11 months and 22 days
01/10/2025
0.00
If you would invest 0.00 in 532457BZ0 on January 21, 2023 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 532457BZ0 over 720 days. 532457BZ0 is related to or competes with Deluxe, Gerdau SA, 51Talk Online, Gfl Environmental, ZhongAn Online, and Kaiser Aluminum. More
532457BZ0 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 532457BZ0'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 532457BZ0's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 532457BZ0's standard deviation. In reality, there are many statistical measures that can use 532457BZ0 historical prices to predict the future 532457BZ0's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as 532457BZ0. Your research has to be compared to or analyzed against 532457BZ0's peers to derive any actionable benefits. When done correctly, 532457BZ0'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
532457BZ0 appears to be very steady, given 3 months investment horizon. ELI LILLY AND secures Sharpe Ratio (or Efficiency) of 0.079, which signifies that the bond had a 0.079% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for ELI LILLY AND, which you can use to evaluate the volatility of the entity. Please makes use of 532457BZ0's Mean Deviation of 1.77, standard deviation of 4.55, and Downside Deviation of 2.91 to double-check if our risk estimates are consistent with your expectations. The bond shows a Beta (market volatility) of -0.17, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 532457BZ0 are expected to decrease at a much lower rate. During the bear market, 532457BZ0 is likely to outperform the market.
Auto-correlation
-0.43
Modest reverse predictability
ELI LILLY AND has modest reverse predictability. Overlapping area represents the amount of predictability between 532457BZ0 time series from 21st of January 2023 to 16th of January 2024 and 16th of January 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 -0.43 indicates that just about 43.0% of current 532457BZ0 price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.43
Spearman Rank Test
-0.08
Residual Average
0.0
Price Variance
3.88
ELI LILLY AND lagged returns against current returns
Autocorrelation, which is 532457BZ0 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 532457BZ0's bond expected returns. We can calculate the autocorrelation of 532457BZ0 returns to help us make a trade decision. For example, suppose you find that 532457BZ0 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
532457BZ0 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 532457BZ0 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 532457BZ0 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 532457BZ0 bond over time.
Current vs Lagged Prices
Timeline
532457BZ0 Lagged Returns
When evaluating 532457BZ0's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 532457BZ0 bond have on its future price. 532457BZ0 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, 532457BZ0 autocorrelation shows the relationship between 532457BZ0 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.
532457BZ0 financial ratios help investors to determine whether 532457BZ0 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 532457BZ0 with respect to the benefits of owning 532457BZ0 security.