VISA INC Market Value
| 92826CAK8 | 76.56 0.84 1.11% |
| Symbol | 92826CAK8 |
92826CAK8 '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 92826CAK8'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 92826CAK8.
| 05/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in 92826CAK8 on May 9, 2023 and sell it all today you would earn a total of 0.00 from holding VISA INC or generate 0.0% return on investment in 92826CAK8 over 570 days. 92826CAK8 is related to or competes with Dolphin Entertainment, Weibo Corp, Nextplat Corp, Deluxe, Magnite, Entravision Communications, and Radcom. More
92826CAK8 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 92826CAK8'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 VISA INC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.63 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 17.59 | |||
| Value At Risk | (1.37) | |||
| Potential Upside | 1.99 |
92826CAK8 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 92826CAK8's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 92826CAK8's standard deviation. In reality, there are many statistical measures that can use 92826CAK8 historical prices to predict the future 92826CAK8's volatility.| Risk Adjusted Performance | 0.0084 | |||
| Jensen Alpha | 0.0157 | |||
| Total Risk Alpha | (0.39) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.0295 |
92826CAK8 Backtested Returns
92826CAK8 secures Sharpe Ratio (or Efficiency) of -0.0174, which signifies that the bond had a -0.0174% return per unit of return volatility over the last 3 months. VISA INC exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 92826CAK8's semi deviation of 2.55, and Risk Adjusted Performance of 0.0084 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.18, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 92826CAK8 are expected to decrease at a much lower rate. During the bear market, 92826CAK8 is likely to outperform the market.
Auto-correlation | -0.09 |
Very weak reverse predictability
VISA INC has very weak reverse predictability. Overlapping area represents the amount of predictability between 92826CAK8 time series from 9th of May 2023 to 18th of February 2024 and 18th of February 2024 to 29th of November 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 92826CAK8 price movement. The serial correlation of -0.09 indicates that less than 9.0% of current 92826CAK8 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.09 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 4.76 |
92826CAK8 lagged returns against current returns
Autocorrelation, which is 92826CAK8 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 92826CAK8's bond expected returns. We can calculate the autocorrelation of 92826CAK8 returns to help us make a trade decision. For example, suppose you find that 92826CAK8 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 |
92826CAK8 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 92826CAK8 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 92826CAK8 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 92826CAK8 bond over time.
Current vs Lagged Prices |
| Timeline |
92826CAK8 Lagged Returns
When evaluating 92826CAK8's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 92826CAK8 bond have on its future price. 92826CAK8 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, 92826CAK8 autocorrelation shows the relationship between 92826CAK8 bond current value and its past values and can show if there is a momentum factor associated with investing in VISA INC.
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 92826CAK8 Bond
92826CAK8 financial ratios help investors to determine whether 92826CAK8 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 92826CAK8 with respect to the benefits of owning 92826CAK8 security.