MICROSOFT P 445 Market Value
| 594918BL7 | 94.41 1.08 1.16% |
| Symbol | 594918BL7 |
594918BL7 '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 594918BL7'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 594918BL7.
| 11/27/2024 |
| 02/25/2025 |
If you would invest 0.00 in 594918BL7 on November 27, 2024 and sell it all today you would earn a total of 0.00 from holding MICROSOFT P 445 or generate 0.0% return on investment in 594918BL7 over 90 days. 594918BL7 is related to or competes with Sunlands Technology, Skechers USA, Jerash Holdings, Toro, Lindblad Expeditions, Ihuman, and Ryanair Holdings. More
594918BL7 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 594918BL7'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 MICROSOFT P 445 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8123 | |||
| Information Ratio | 0.0253 | |||
| Maximum Drawdown | 4.51 | |||
| Value At Risk | (1.24) | |||
| Potential Upside | 1.56 |
594918BL7 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 594918BL7's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 594918BL7's standard deviation. In reality, there are many statistical measures that can use 594918BL7 historical prices to predict the future 594918BL7's volatility.| Risk Adjusted Performance | 0.0246 | |||
| Jensen Alpha | 0.0186 | |||
| Total Risk Alpha | 0.0237 | |||
| Sortino Ratio | 0.0279 | |||
| Treynor Ratio | 0.1071 |
MICROSOFT P 445 Backtested Returns
MICROSOFT P 445 retains Efficiency (Sharpe Ratio) of -0.0225, which signifies that the bond had a -0.0225 % return per unit of price deviation over the last 3 months. 594918BL7 exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 594918BL7's Standard Deviation of 0.8971, mean deviation of 0.6636, and Market Risk Adjusted Performance of 0.1171 to double-check the risk estimate we provide. The bond owns a Beta (Systematic Risk) of 0.17, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 594918BL7's returns are expected to increase less than the market. However, during the bear market, the loss of holding 594918BL7 is expected to be smaller as well.
Auto-correlation | -0.55 |
Good reverse predictability
MICROSOFT P 445 has good reverse predictability. Overlapping area represents the amount of predictability between 594918BL7 time series from 27th of November 2024 to 11th of January 2025 and 11th of January 2025 to 25th 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 MICROSOFT P 445 price movement. The serial correlation of -0.55 indicates that about 55.0% of current 594918BL7 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.55 | |
| Spearman Rank Test | -0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 1.03 |
MICROSOFT P 445 lagged returns against current returns
Autocorrelation, which is 594918BL7 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 594918BL7's bond expected returns. We can calculate the autocorrelation of 594918BL7 returns to help us make a trade decision. For example, suppose you find that 594918BL7 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 |
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594918BL7 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 594918BL7 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 594918BL7 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 594918BL7 bond over time.
Current vs Lagged Prices |
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594918BL7 Lagged Returns
When evaluating 594918BL7's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 594918BL7 bond have on its future price. 594918BL7 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, 594918BL7 autocorrelation shows the relationship between 594918BL7 bond current value and its past values and can show if there is a momentum factor associated with investing in MICROSOFT P 445.
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 594918BL7 Bond
594918BL7 financial ratios help investors to determine whether 594918BL7 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 594918BL7 with respect to the benefits of owning 594918BL7 security.