TOLEDO HOSP 5325 Market Value
| 889184AC1 | 77.10 19.75 20.39% |
| Symbol | TOLEDO |
TOLEDO '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 TOLEDO'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 TOLEDO.
| 11/23/2024 |
| 12/23/2024 |
If you would invest 0.00 in TOLEDO on November 23, 2024 and sell it all today you would earn a total of 0.00 from holding TOLEDO HOSP 5325 or generate 0.0% return on investment in TOLEDO over 30 days. TOLEDO is related to or competes with 00108WAF7, 90331HPL1, Apple, Privia Health, Data Storage, Fast Retailing, and Unicycive Therapeutics. More
TOLEDO 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 TOLEDO'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 TOLEDO HOSP 5325 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 30.99 | |||
| Value At Risk | (5.08) | |||
| Potential Upside | 3.91 |
TOLEDO Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TOLEDO's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TOLEDO's standard deviation. In reality, there are many statistical measures that can use TOLEDO historical prices to predict the future TOLEDO's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | (1.09) |
TOLEDO HOSP 5325 Backtested Returns
TOLEDO HOSP 5325 owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0603, which indicates the bond had a -0.0603% return per unit of standard deviation over the last 3 months. TOLEDO HOSP 5325 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TOLEDO's risk adjusted performance of (0.02), and Variance of 27.06 to confirm the risk estimate we provide. The entity has a beta of 0.18, which indicates not very significant fluctuations relative to the market. As returns on the market increase, TOLEDO's returns are expected to increase less than the market. However, during the bear market, the loss of holding TOLEDO is expected to be smaller as well.
Auto-correlation | -0.43 |
Modest reverse predictability
TOLEDO HOSP 5325 has modest reverse predictability. Overlapping area represents the amount of predictability between TOLEDO time series from 23rd of November 2024 to 8th of December 2024 and 8th of December 2024 to 23rd 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 TOLEDO HOSP 5325 price movement. The serial correlation of -0.43 indicates that just about 43.0% of current TOLEDO price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.91 |
TOLEDO HOSP 5325 lagged returns against current returns
Autocorrelation, which is TOLEDO 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 TOLEDO's bond expected returns. We can calculate the autocorrelation of TOLEDO returns to help us make a trade decision. For example, suppose you find that TOLEDO 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 |
TOLEDO 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 TOLEDO bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TOLEDO bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TOLEDO bond over time.
Current vs Lagged Prices |
| Timeline |
TOLEDO Lagged Returns
When evaluating TOLEDO's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TOLEDO bond have on its future price. TOLEDO 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, TOLEDO autocorrelation shows the relationship between TOLEDO bond current value and its past values and can show if there is a momentum factor associated with investing in TOLEDO HOSP 5325.
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 TOLEDO Bond
TOLEDO financial ratios help investors to determine whether TOLEDO 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 TOLEDO with respect to the benefits of owning TOLEDO security.