V F P Market Value
| 918204AR9 | 110.55 11.58 11.70% |
| Symbol | 918204AR9 |
918204AR9 '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 918204AR9'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 918204AR9.
| 11/03/2024 |
| 12/03/2024 |
If you would invest 0.00 in 918204AR9 on November 3, 2024 and sell it all today you would earn a total of 0.00 from holding V F P or generate 0.0% return on investment in 918204AR9 over 30 days. 918204AR9 is related to or competes with Travelers Companies, GE Aerospace, Walmart, Pfizer, HP, 3M, and Merck. More
918204AR9 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 918204AR9'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 V F P upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.93 | |||
| Information Ratio | 0.0158 | |||
| Maximum Drawdown | 17.37 | |||
| Value At Risk | (2.52) | |||
| Potential Upside | 2.87 |
918204AR9 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 918204AR9's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 918204AR9's standard deviation. In reality, there are many statistical measures that can use 918204AR9 historical prices to predict the future 918204AR9's volatility.| Risk Adjusted Performance | 0.0582 | |||
| Jensen Alpha | 0.2095 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | 0.0197 | |||
| Treynor Ratio | (0.30) |
918204AR9 Backtested Returns
At this point, 918204AR9 is very steady. 918204AR9 secures Sharpe Ratio (or Efficiency) of 0.0917, which signifies that the bond had a 0.0917% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for V F P, which you can use to evaluate the volatility of the entity. Please confirm 918204AR9's Risk Adjusted Performance of 0.0582, coefficient of variation of 1488.64, and Semi Deviation of 1.73 to double-check if the risk estimate we provide is consistent with the expected return of 0.18%. The entity shows a Beta (market volatility) of -0.5, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning 918204AR9 are expected to decrease at a much lower rate. During the bear market, 918204AR9 is likely to outperform the market.
Auto-correlation | -0.71 |
Almost perfect reverse predictability
V F P has almost perfect reverse predictability. Overlapping area represents the amount of predictability between 918204AR9 time series from 3rd of November 2024 to 18th of November 2024 and 18th of November 2024 to 3rd 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 918204AR9 price movement. The serial correlation of -0.71 indicates that around 71.0% of current 918204AR9 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.71 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.72 |
918204AR9 lagged returns against current returns
Autocorrelation, which is 918204AR9 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 918204AR9's bond expected returns. We can calculate the autocorrelation of 918204AR9 returns to help us make a trade decision. For example, suppose you find that 918204AR9 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 |
918204AR9 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 918204AR9 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 918204AR9 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 918204AR9 bond over time.
Current vs Lagged Prices |
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918204AR9 Lagged Returns
When evaluating 918204AR9's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 918204AR9 bond have on its future price. 918204AR9 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, 918204AR9 autocorrelation shows the relationship between 918204AR9 bond current value and its past values and can show if there is a momentum factor associated with investing in V F P.
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 918204AR9 Bond
918204AR9 financial ratios help investors to determine whether 918204AR9 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 918204AR9 with respect to the benefits of owning 918204AR9 security.