NBCUNIVERSAL MEDIA LLC Market Value
| 63946BAG5 | 104.27 2.37 2.33% |
| Symbol | NBCUNIVERSAL |
NBCUNIVERSAL '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 NBCUNIVERSAL'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 NBCUNIVERSAL.
| 11/20/2024 |
| 12/20/2024 |
If you would invest 0.00 in NBCUNIVERSAL on November 20, 2024 and sell it all today you would earn a total of 0.00 from holding NBCUNIVERSAL MEDIA LLC or generate 0.0% return on investment in NBCUNIVERSAL over 30 days. NBCUNIVERSAL is related to or competes with Universal, Constellation Brands, Keurig Dr, Universal Music, Ispire Technology, Anheuser Busch, and Alvotech. More
NBCUNIVERSAL 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 NBCUNIVERSAL'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 NBCUNIVERSAL MEDIA LLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.6 | |||
| Information Ratio | 0.0097 | |||
| Maximum Drawdown | 6.85 | |||
| Value At Risk | (2.72) | |||
| Potential Upside | 2.77 |
NBCUNIVERSAL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NBCUNIVERSAL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NBCUNIVERSAL's standard deviation. In reality, there are many statistical measures that can use NBCUNIVERSAL historical prices to predict the future NBCUNIVERSAL's volatility.| Risk Adjusted Performance | 0.0293 | |||
| Jensen Alpha | 0.0476 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0097 | |||
| Treynor Ratio | (0.11) |
NBCUNIVERSAL MEDIA LLC Backtested Returns
NBCUNIVERSAL MEDIA LLC retains Efficiency (Sharpe Ratio) of -0.0876, which conveys that the bond had a -0.0876% return per unit of risk over the last 3 months. NBCUNIVERSAL exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NBCUNIVERSAL's Mean Deviation of 1.14, market risk adjusted performance of (0.1), and Semi Deviation of 1.56 to check out the risk estimate we provide. The entity owns a Beta (Systematic Risk) of -0.37, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning NBCUNIVERSAL are expected to decrease at a much lower rate. During the bear market, NBCUNIVERSAL is likely to outperform the market.
Auto-correlation | 0.26 |
Poor predictability
NBCUNIVERSAL MEDIA LLC has poor predictability. Overlapping area represents the amount of predictability between NBCUNIVERSAL time series from 20th of November 2024 to 5th of December 2024 and 5th of December 2024 to 20th of December 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 NBCUNIVERSAL MEDIA LLC price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current NBCUNIVERSAL price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.77 |
NBCUNIVERSAL MEDIA LLC lagged returns against current returns
Autocorrelation, which is NBCUNIVERSAL 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 NBCUNIVERSAL's bond expected returns. We can calculate the autocorrelation of NBCUNIVERSAL returns to help us make a trade decision. For example, suppose you find that NBCUNIVERSAL 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 |
NBCUNIVERSAL 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 NBCUNIVERSAL bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NBCUNIVERSAL bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NBCUNIVERSAL bond over time.
Current vs Lagged Prices |
| Timeline |
NBCUNIVERSAL Lagged Returns
When evaluating NBCUNIVERSAL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NBCUNIVERSAL bond have on its future price. NBCUNIVERSAL 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, NBCUNIVERSAL autocorrelation shows the relationship between NBCUNIVERSAL bond current value and its past values and can show if there is a momentum factor associated with investing in NBCUNIVERSAL MEDIA LLC.
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 NBCUNIVERSAL Bond
NBCUNIVERSAL financial ratios help investors to determine whether NBCUNIVERSAL 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 NBCUNIVERSAL with respect to the benefits of owning NBCUNIVERSAL security.