MCDONALDS P MEDIUM Market Value
| 58013MEV2 | 95.31 5.34 5.94% |
| Symbol | 58013MEV2 |
58013MEV2 '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 58013MEV2'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 58013MEV2.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in 58013MEV2 on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding MCDONALDS P MEDIUM or generate 0.0% return on investment in 58013MEV2 over 540 days. 58013MEV2 is related to or competes with Griffon, Harmony Gold, Bridgford Foods, NioCorp Developments, Apogee Enterprises, Summit Materials, and BBB Foods. More
58013MEV2 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 58013MEV2'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 MCDONALDS P MEDIUM upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.27 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 17.64 | |||
| Value At Risk | (1.81) | |||
| Potential Upside | 2.27 |
58013MEV2 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 58013MEV2's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 58013MEV2's standard deviation. In reality, there are many statistical measures that can use 58013MEV2 historical prices to predict the future 58013MEV2's volatility.| Risk Adjusted Performance | 0.0334 | |||
| Jensen Alpha | 0.0936 | |||
| Total Risk Alpha | (0.34) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (1.24) |
MCDONALDS P MEDIUM Backtested Returns
At this point, 58013MEV2 is very steady. MCDONALDS P MEDIUM secures Sharpe Ratio (or Efficiency) of 0.0527, which signifies that the bond had a 0.0527% return per unit of price deviation over the last 3 months. We have found twenty-seven technical indicators for MCDONALDS P MEDIUM, which you can use to evaluate the volatility of the entity. Please confirm 58013MEV2's standard deviation of 2.81, and Mean Deviation of 1.32 to double-check if the risk estimate we provide is consistent with the expected return of 0.0673%. The entity shows a Beta (market volatility) of -0.0689, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 58013MEV2 are expected to decrease at a much lower rate. During the bear market, 58013MEV2 is likely to outperform the market.
Auto-correlation | 0.53 |
Modest predictability
MCDONALDS P MEDIUM has modest predictability. Overlapping area represents the amount of predictability between 58013MEV2 time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of MCDONALDS P MEDIUM price movement. The serial correlation of 0.53 indicates that about 53.0% of current 58013MEV2 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.53 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 6.15 |
MCDONALDS P MEDIUM lagged returns against current returns
Autocorrelation, which is 58013MEV2 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 58013MEV2's bond expected returns. We can calculate the autocorrelation of 58013MEV2 returns to help us make a trade decision. For example, suppose you find that 58013MEV2 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 |
58013MEV2 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 58013MEV2 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 58013MEV2 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 58013MEV2 bond over time.
Current vs Lagged Prices |
| Timeline |
58013MEV2 Lagged Returns
When evaluating 58013MEV2's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 58013MEV2 bond have on its future price. 58013MEV2 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, 58013MEV2 autocorrelation shows the relationship between 58013MEV2 bond current value and its past values and can show if there is a momentum factor associated with investing in MCDONALDS P MEDIUM.
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 58013MEV2 Bond
58013MEV2 financial ratios help investors to determine whether 58013MEV2 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 58013MEV2 with respect to the benefits of owning 58013MEV2 security.