PHILLIPS 66 4875 Market Value
| 718546AL8 | 92.53 4.38 4.97% |
| Symbol | 718546AL8 |
718546AL8 '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 718546AL8'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 718546AL8.
| 02/03/2025 |
| 03/05/2025 |
If you would invest 0.00 in 718546AL8 on February 3, 2025 and sell it all today you would earn a total of 0.00 from holding PHILLIPS 66 4875 or generate 0.0% return on investment in 718546AL8 over 30 days. 718546AL8 is related to or competes with STMicroelectronics, Microchip Technology, MagnaChip Semiconductor, Afya, Nordic Semiconductor, and KLA Tencor. More
718546AL8 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 718546AL8'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 PHILLIPS 66 4875 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8941 | |||
| Information Ratio | 0.0965 | |||
| Maximum Drawdown | 6.42 | |||
| Value At Risk | (1.01) | |||
| Potential Upside | 1.6 |
718546AL8 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 718546AL8's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 718546AL8's standard deviation. In reality, there are many statistical measures that can use 718546AL8 historical prices to predict the future 718546AL8's volatility.| Risk Adjusted Performance | 0.0223 | |||
| Jensen Alpha | 0.0107 | |||
| Total Risk Alpha | 0.1434 | |||
| Sortino Ratio | 0.1183 | |||
| Treynor Ratio | (0.22) |
PHILLIPS 66 4875 Backtested Returns
At this point, 718546AL8 is very steady. PHILLIPS 66 4875 secures Sharpe Ratio (or Efficiency) of close to zero, which signifies that the bond had a close to zero % return per unit of price deviation over the last 3 months. We have found twenty-seven technical indicators for PHILLIPS 66 4875, which you can use to evaluate the volatility of the entity. Please confirm 718546AL8's Standard Deviation of 1.1, market risk adjusted performance of (0.21), and Mean Deviation of 0.6824 to double-check if the risk estimate we provide is consistent with the expected return of 7.0E-4%. The bond shows a Beta (market volatility) of -0.0784, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 718546AL8 are expected to decrease at a much lower rate. During the bear market, 718546AL8 is likely to outperform the market.
Auto-correlation | -0.27 |
Weak reverse predictability
PHILLIPS 66 4875 has weak reverse predictability. Overlapping area represents the amount of predictability between 718546AL8 time series from 3rd of February 2025 to 18th of February 2025 and 18th of February 2025 to 5th of March 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 PHILLIPS 66 4875 price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current 718546AL8 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.27 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 2.34 |
PHILLIPS 66 4875 lagged returns against current returns
Autocorrelation, which is 718546AL8 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 718546AL8's bond expected returns. We can calculate the autocorrelation of 718546AL8 returns to help us make a trade decision. For example, suppose you find that 718546AL8 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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718546AL8 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 718546AL8 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 718546AL8 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 718546AL8 bond over time.
Current vs Lagged Prices |
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718546AL8 Lagged Returns
When evaluating 718546AL8's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 718546AL8 bond have on its future price. 718546AL8 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, 718546AL8 autocorrelation shows the relationship between 718546AL8 bond current value and its past values and can show if there is a momentum factor associated with investing in PHILLIPS 66 4875.
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 718546AL8 Bond
718546AL8 financial ratios help investors to determine whether 718546AL8 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 718546AL8 with respect to the benefits of owning 718546AL8 security.