891027AS3's market value is the price at which a share of 891027AS3 trades on an exchange. It measures the collective expectations of TORCHMARK P 455 investors about the bond's future performance. With this module, you can estimate the performance of a buy and hold strategy of TORCHMARK P 455 and determine expected loss or profit from investing in 891027AS3 over a given investment horizon. Check out 891027AS3 Correlation, 891027AS3 Volatility and 891027AS3 Alpha and Beta module to complement your research on 891027AS3.
Please note, there is a significant difference between 891027AS3's value and its price as these two are different measures arrived at by different means. Investors typically determine if 891027AS3 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 891027AS3'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.
891027AS3 '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 891027AS3'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 891027AS3.
0.00
12/11/2024
No Change 0.00
0.0
In 30 days
01/10/2025
0.00
If you would invest 0.00 in 891027AS3 on December 11, 2024 and sell it all today you would earn a total of 0.00 from holding TORCHMARK P 455 or generate 0.0% return on investment in 891027AS3 over 30 days. 891027AS3 is related to or competes with 00108WAF7, 90331HPL1, Rithm Capital, Disney, Goldman Sachs, NVIDIA, and Chicago Atlantic. More
891027AS3 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 891027AS3'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 TORCHMARK P 455 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 891027AS3's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 891027AS3's standard deviation. In reality, there are many statistical measures that can use 891027AS3 historical prices to predict the future 891027AS3's volatility.
TORCHMARK P 455 secures Sharpe Ratio (or Efficiency) of -0.1, which signifies that the bond had a -0.1% return per unit of return volatility over the last 3 months. TORCHMARK P 455 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 891027AS3's risk adjusted performance of (0.01), and Coefficient Of Variation of (7,703) to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.13, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 891027AS3 are expected to decrease at a much lower rate. During the bear market, 891027AS3 is likely to outperform the market.
Auto-correlation
0.76
Good predictability
TORCHMARK P 455 has good predictability. Overlapping area represents the amount of predictability between 891027AS3 time series from 11th of December 2024 to 26th of December 2024 and 26th of December 2024 to 10th 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 TORCHMARK P 455 price movement. The serial correlation of 0.76 indicates that around 76.0% of current 891027AS3 price fluctuation can be explain by its past prices.
Correlation Coefficient
0.76
Spearman Rank Test
0.7
Residual Average
0.0
Price Variance
0.31
TORCHMARK P 455 lagged returns against current returns
Autocorrelation, which is 891027AS3 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 891027AS3's bond expected returns. We can calculate the autocorrelation of 891027AS3 returns to help us make a trade decision. For example, suppose you find that 891027AS3 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
891027AS3 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 891027AS3 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 891027AS3 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 891027AS3 bond over time.
Current vs Lagged Prices
Timeline
891027AS3 Lagged Returns
When evaluating 891027AS3's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 891027AS3 bond have on its future price. 891027AS3 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, 891027AS3 autocorrelation shows the relationship between 891027AS3 bond current value and its past values and can show if there is a momentum factor associated with investing in TORCHMARK P 455.
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.
891027AS3 financial ratios help investors to determine whether 891027AS3 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 891027AS3 with respect to the benefits of owning 891027AS3 security.