RAYTHEON's market value is the price at which a share of RAYTHEON trades on an exchange. It measures the collective expectations of RAYTHEON TECHNOLOGIES PORATION investors about the bond's future performance. With this module, you can estimate the performance of a buy and hold strategy of RAYTHEON TECHNOLOGIES PORATION and determine expected loss or profit from investing in RAYTHEON over a given investment horizon. Check out RAYTHEON Correlation, RAYTHEON Volatility and RAYTHEON Alpha and Beta module to complement your research on RAYTHEON.
Please note, there is a significant difference between RAYTHEON's value and its price as these two are different measures arrived at by different means. Investors typically determine if RAYTHEON is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RAYTHEON'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.
RAYTHEON '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 RAYTHEON'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 RAYTHEON.
0.00
11/10/2024
No Change 0.00
0.0
In 2 months and 2 days
01/09/2025
0.00
If you would invest 0.00 in RAYTHEON on November 10, 2024 and sell it all today you would earn a total of 0.00 from holding RAYTHEON TECHNOLOGIES PORATION or generate 0.0% return on investment in RAYTHEON over 60 days. RAYTHEON is related to or competes with NetEase, Ainsworth Game, Academy Sports, and Hochschild Mining. More
RAYTHEON 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 RAYTHEON'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 RAYTHEON TECHNOLOGIES PORATION upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for RAYTHEON's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RAYTHEON's standard deviation. In reality, there are many statistical measures that can use RAYTHEON historical prices to predict the future RAYTHEON's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as RAYTHEON. Your research has to be compared to or analyzed against RAYTHEON's peers to derive any actionable benefits. When done correctly, RAYTHEON's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in RAYTHEON TECHNOLOGIES.
RAYTHEON TECHNOLOGIES Backtested Returns
At this point, RAYTHEON is very steady. RAYTHEON TECHNOLOGIES maintains Sharpe Ratio (i.e., Efficiency) of 0.0125, which implies the bond had a 0.0125% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for RAYTHEON TECHNOLOGIES, which you can use to evaluate the volatility of the entity. Please check RAYTHEON's Variance of 5.03, information ratio of (0.07), and Market Risk Adjusted Performance of (0.44) to confirm if the risk estimate we provide is consistent with the expected return of 0.0194%. The entity holds a Beta of 0.3, which implies possible diversification benefits within a given portfolio. As returns on the market increase, RAYTHEON's returns are expected to increase less than the market. However, during the bear market, the loss of holding RAYTHEON is expected to be smaller as well.
Auto-correlation
-0.56
Good reverse predictability
RAYTHEON TECHNOLOGIES PORATION has good reverse predictability. Overlapping area represents the amount of predictability between RAYTHEON time series from 10th of November 2024 to 10th of December 2024 and 10th of December 2024 to 9th of January 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 RAYTHEON TECHNOLOGIES price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current RAYTHEON price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.56
Spearman Rank Test
-0.55
Residual Average
0.0
Price Variance
2.39
RAYTHEON TECHNOLOGIES lagged returns against current returns
Autocorrelation, which is RAYTHEON 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 RAYTHEON's bond expected returns. We can calculate the autocorrelation of RAYTHEON returns to help us make a trade decision. For example, suppose you find that RAYTHEON 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
RAYTHEON 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 RAYTHEON bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if RAYTHEON bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in RAYTHEON bond over time.
Current vs Lagged Prices
Timeline
RAYTHEON Lagged Returns
When evaluating RAYTHEON's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of RAYTHEON bond have on its future price. RAYTHEON 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, RAYTHEON autocorrelation shows the relationship between RAYTHEON bond current value and its past values and can show if there is a momentum factor associated with investing in RAYTHEON TECHNOLOGIES PORATION.
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.
RAYTHEON financial ratios help investors to determine whether RAYTHEON 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 RAYTHEON with respect to the benefits of owning RAYTHEON security.