Sothebys 7375 percent Market Value
| 835898AH0 | 99.13 0.21 0.21% |
| Symbol | Sothebys |
Sothebys '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 Sothebys' 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 Sothebys.
| 11/18/2024 |
| 12/18/2024 |
If you would invest 0.00 in Sothebys on November 18, 2024 and sell it all today you would earn a total of 0.00 from holding Sothebys 7375 percent or generate 0.0% return on investment in Sothebys over 30 days. Sothebys is related to or competes with Sensient Technologies, RBC Bearings, Newpark Resources, Axalta Coating, ReTo Eco, Ecolab, and Brenmiller Energy. More
Sothebys 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 Sothebys' 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 Sothebys 7375 percent upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 8.11 | |||
| Value At Risk | (2.65) | |||
| Potential Upside | 1.55 |
Sothebys Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sothebys' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sothebys' standard deviation. In reality, there are many statistical measures that can use Sothebys historical prices to predict the future Sothebys' volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.58) |
Sothebys 7375 percent Backtested Returns
Sothebys 7375 percent owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the bond had a -0.12% return per unit of risk over the last 3 months. Sothebys 7375 percent exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sothebys' Variance of 2.16, risk adjusted performance of (0.08), and Coefficient Of Variation of (905.35) to confirm the risk estimate we provide. The entity has a beta of 0.3, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sothebys' returns are expected to increase less than the market. However, during the bear market, the loss of holding Sothebys is expected to be smaller as well.
Auto-correlation | 0.07 |
Virtually no predictability
Sothebys 7375 percent has virtually no predictability. Overlapping area represents the amount of predictability between Sothebys time series from 18th of November 2024 to 3rd of December 2024 and 3rd of December 2024 to 18th 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 Sothebys 7375 percent price movement. The serial correlation of 0.07 indicates that barely 7.0% of current Sothebys price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.07 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Sothebys 7375 percent lagged returns against current returns
Autocorrelation, which is Sothebys 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 Sothebys' bond expected returns. We can calculate the autocorrelation of Sothebys returns to help us make a trade decision. For example, suppose you find that Sothebys 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 |
Sothebys 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 Sothebys bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sothebys bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sothebys bond over time.
Current vs Lagged Prices |
| Timeline |
Sothebys Lagged Returns
When evaluating Sothebys' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sothebys bond have on its future price. Sothebys 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, Sothebys autocorrelation shows the relationship between Sothebys bond current value and its past values and can show if there is a momentum factor associated with investing in Sothebys 7375 percent.
Regressed Prices |
| Timeline |
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Sothebys financial ratios help investors to determine whether Sothebys 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 Sothebys with respect to the benefits of owning Sothebys security.