QCOM 54 20 MAY 33 Market Value
| 747525BS1 | 106.57 2.58 2.48% |
| Symbol | 747525BS1 |
Please note, there is a significant difference between 747525BS1's value and its price as these two are different measures arrived at by different means. Investors typically determine if 747525BS1 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 747525BS1's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
747525BS1 '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 747525BS1'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 747525BS1.
| 12/20/2024 |
| 03/20/2025 |
If you would invest 0.00 in 747525BS1 on December 20, 2024 and sell it all today you would earn a total of 0.00 from holding QCOM 54 20 MAY 33 or generate 0.0% return on investment in 747525BS1 over 90 days. 747525BS1 is related to or competes with Life Time, Playa Hotels, Playtech Plc, Inflection Point, Contango ORE, Ioneer, and United Parks. More
747525BS1 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 747525BS1'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 QCOM 54 20 MAY 33 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.355 | |||
| Information Ratio | 0.2336 | |||
| Maximum Drawdown | 1.48 | |||
| Value At Risk | (0.50) | |||
| Potential Upside | 0.6287 |
747525BS1 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 747525BS1's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 747525BS1's standard deviation. In reality, there are many statistical measures that can use 747525BS1 historical prices to predict the future 747525BS1's volatility.| Risk Adjusted Performance | 0.0793 | |||
| Jensen Alpha | 0.0353 | |||
| Total Risk Alpha | 0.0783 | |||
| Sortino Ratio | 0.3169 | |||
| Treynor Ratio | (1.21) |
QCOM 54 20 Backtested Returns
At this point, 747525BS1 is very steady. QCOM 54 20 secures Sharpe Ratio (or Efficiency) of 0.0988, which signifies that the bond had a 0.0988 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for QCOM 54 20 MAY 33, which you can use to evaluate the volatility of the entity. Please confirm 747525BS1's Coefficient Of Variation of 1011.69, market risk adjusted performance of (1.20), and Mean Deviation of 0.3248 to double-check if the risk estimate we provide is consistent with the expected return of 0.0476%. The entity shows a Beta (market volatility) of -0.031, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 747525BS1 are expected to decrease at a much lower rate. During the bear market, 747525BS1 is likely to outperform the market.
Auto-correlation | -0.23 |
Weak reverse predictability
QCOM 54 20 MAY 33 has weak reverse predictability. Overlapping area represents the amount of predictability between 747525BS1 time series from 20th of December 2024 to 3rd of February 2025 and 3rd of February 2025 to 20th 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 QCOM 54 20 price movement. The serial correlation of -0.23 indicates that over 23.0% of current 747525BS1 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.23 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.28 |
QCOM 54 20 lagged returns against current returns
Autocorrelation, which is 747525BS1 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 747525BS1's bond expected returns. We can calculate the autocorrelation of 747525BS1 returns to help us make a trade decision. For example, suppose you find that 747525BS1 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 |
747525BS1 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 747525BS1 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 747525BS1 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 747525BS1 bond over time.
Current vs Lagged Prices |
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747525BS1 Lagged Returns
When evaluating 747525BS1's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 747525BS1 bond have on its future price. 747525BS1 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, 747525BS1 autocorrelation shows the relationship between 747525BS1 bond current value and its past values and can show if there is a momentum factor associated with investing in QCOM 54 20 MAY 33.
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 747525BS1 Bond
747525BS1 financial ratios help investors to determine whether 747525BS1 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 747525BS1 with respect to the benefits of owning 747525BS1 security.