UNH 5875 15 FEB 53 Market Value
| 91324PES7 | 111.01 10.77 10.74% |
| Symbol | 91324PES7 |
Please note, there is a significant difference between 91324PES7's value and its price as these two are different measures arrived at by different means. Investors typically determine if 91324PES7 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 91324PES7'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.
91324PES7 '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 91324PES7'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 91324PES7.
| 02/10/2024 |
| 01/05/2025 |
If you would invest 0.00 in 91324PES7 on February 10, 2024 and sell it all today you would earn a total of 0.00 from holding UNH 5875 15 FEB 53 or generate 0.0% return on investment in 91324PES7 over 330 days. 91324PES7 is related to or competes with LG Display, Highway Holdings, Xponential Fitness, Chemours, Playtika Holding, Consol Energy, and Amkor Technology. More
91324PES7 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 91324PES7'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 UNH 5875 15 FEB 53 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.01 | |||
| Information Ratio | 0.0363 | |||
| Maximum Drawdown | 24.34 | |||
| Value At Risk | (3.31) | |||
| Potential Upside | 6.52 |
91324PES7 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 91324PES7's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 91324PES7's standard deviation. In reality, there are many statistical measures that can use 91324PES7 historical prices to predict the future 91324PES7's volatility.| Risk Adjusted Performance | 0.0424 | |||
| Jensen Alpha | 0.1235 | |||
| Total Risk Alpha | 0.0832 | |||
| Sortino Ratio | 0.0405 | |||
| Treynor Ratio | 0.155 |
UNH 5875 15 Backtested Returns
At this point, 91324PES7 is very steady. UNH 5875 15 secures Sharpe Ratio (or Efficiency) of 0.0279, which signifies that the bond had a 0.0279% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for UNH 5875 15 FEB 53, which you can use to evaluate the volatility of the entity. Please confirm 91324PES7's Coefficient Of Variation of 2326.72, risk adjusted performance of 0.0424, and Semi Deviation of 2.82 to double-check if the risk estimate we provide is consistent with the expected return of 0.0453%. The bond shows a Beta (market volatility) of 0.87, which signifies possible diversification benefits within a given portfolio. 91324PES7 returns are very sensitive to returns on the market. As the market goes up or down, 91324PES7 is expected to follow.
Auto-correlation | 0.08 |
Virtually no predictability
UNH 5875 15 FEB 53 has virtually no predictability. Overlapping area represents the amount of predictability between 91324PES7 time series from 10th of February 2024 to 24th of July 2024 and 24th of July 2024 to 5th 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 UNH 5875 15 price movement. The serial correlation of 0.08 indicates that barely 8.0% of current 91324PES7 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 11.11 |
UNH 5875 15 lagged returns against current returns
Autocorrelation, which is 91324PES7 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 91324PES7's bond expected returns. We can calculate the autocorrelation of 91324PES7 returns to help us make a trade decision. For example, suppose you find that 91324PES7 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 |
91324PES7 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 91324PES7 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 91324PES7 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 91324PES7 bond over time.
Current vs Lagged Prices |
| Timeline |
91324PES7 Lagged Returns
When evaluating 91324PES7's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 91324PES7 bond have on its future price. 91324PES7 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, 91324PES7 autocorrelation shows the relationship between 91324PES7 bond current value and its past values and can show if there is a momentum factor associated with investing in UNH 5875 15 FEB 53.
Regressed Prices |
| Timeline |
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Other Information on Investing in 91324PES7 Bond
91324PES7 financial ratios help investors to determine whether 91324PES7 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 91324PES7 with respect to the benefits of owning 91324PES7 security.