MCDONALDS P MEDIUM Market Value
| 58013MFA7 | 92.17 0.75 0.81% |
| Symbol | 58013MFA7 |
58013MFA7 '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 58013MFA7'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 58013MFA7.
| 01/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in 58013MFA7 on January 9, 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 58013MFA7 over 690 days. 58013MFA7 is related to or competes with Titan Machinery, SunOpta, SNDL, Asbury Automotive, SunLink Health, and PepsiCo. More
58013MFA7 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 58013MFA7'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.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 10.51 | |||
| Value At Risk | (2.62) | |||
| Potential Upside | 2.27 |
58013MFA7 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 58013MFA7's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 58013MFA7's standard deviation. In reality, there are many statistical measures that can use 58013MFA7 historical prices to predict the future 58013MFA7's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | 0.5495 |
MCDONALDS P MEDIUM Backtested Returns
MCDONALDS P MEDIUM secures Sharpe Ratio (or Efficiency) of -0.04, which signifies that the bond had a -0.04% return per unit of price deviation over the last 3 months. MCDONALDS P MEDIUM exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 58013MFA7's information ratio of (0.09), and Mean Deviation of 1.11 to double-check the risk estimate we provide. The entity shows a Beta (market volatility) of -0.0886, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 58013MFA7 are expected to decrease at a much lower rate. During the bear market, 58013MFA7 is likely to outperform the market.
Auto-correlation | -0.33 |
Poor reverse predictability
MCDONALDS P MEDIUM has poor reverse predictability. Overlapping area represents the amount of predictability between 58013MFA7 time series from 9th of January 2023 to 20th of December 2023 and 20th of December 2023 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 -0.33 indicates that nearly 33.0% of current 58013MFA7 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 7.37 |
MCDONALDS P MEDIUM lagged returns against current returns
Autocorrelation, which is 58013MFA7 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 58013MFA7's bond expected returns. We can calculate the autocorrelation of 58013MFA7 returns to help us make a trade decision. For example, suppose you find that 58013MFA7 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 |
58013MFA7 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 58013MFA7 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 58013MFA7 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 58013MFA7 bond over time.
Current vs Lagged Prices |
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58013MFA7 Lagged Returns
When evaluating 58013MFA7's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 58013MFA7 bond have on its future price. 58013MFA7 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, 58013MFA7 autocorrelation shows the relationship between 58013MFA7 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 58013MFA7 Bond
58013MFA7 financial ratios help investors to determine whether 58013MFA7 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 58013MFA7 with respect to the benefits of owning 58013MFA7 security.