MPLX LP 4875 Market Value
| 55336VAG5 | 98.67 1.21 1.21% |
| Symbol | 55336VAG5 |
55336VAG5 '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 55336VAG5'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 55336VAG5.
| 08/06/2024 |
| 10/05/2024 |
If you would invest 0.00 in 55336VAG5 on August 6, 2024 and sell it all today you would earn a total of 0.00 from holding MPLX LP 4875 or generate 0.0% return on investment in 55336VAG5 over 60 days. 55336VAG5 is related to or competes with 00108WAF7, 90331HPL1, Standard Bank, VF, Nio, SentinelOne, and Cisco Systems. More
55336VAG5 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 55336VAG5'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 MPLX LP 4875 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.30) | |||
| Maximum Drawdown | 1.44 | |||
| Value At Risk | (0.24) | |||
| Potential Upside | 0.2113 |
55336VAG5 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 55336VAG5's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 55336VAG5's standard deviation. In reality, there are many statistical measures that can use 55336VAG5 historical prices to predict the future 55336VAG5's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | 0.3676 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of 55336VAG5's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
MPLX LP 4875 Backtested Returns
MPLX LP 4875 secures Sharpe Ratio (or Efficiency) of -0.0794, which signifies that the bond had a -0.0794% return per unit of price deviation over the last 3 months. MPLX LP 4875 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 55336VAG5's mean deviation of 0.1833, and Information Ratio of (0.30) to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.0637, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 55336VAG5 are expected to decrease at a much lower rate. During the bear market, 55336VAG5 is likely to outperform the market.
Auto-correlation | 0.24 |
Weak predictability
MPLX LP 4875 has weak predictability. Overlapping area represents the amount of predictability between 55336VAG5 time series from 6th of August 2024 to 5th of September 2024 and 5th of September 2024 to 5th of October 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 MPLX LP 4875 price movement. The serial correlation of 0.24 indicates that over 24.0% of current 55336VAG5 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.24 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
MPLX LP 4875 lagged returns against current returns
Autocorrelation, which is 55336VAG5 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 55336VAG5's bond expected returns. We can calculate the autocorrelation of 55336VAG5 returns to help us make a trade decision. For example, suppose you find that 55336VAG5 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 |
55336VAG5 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 55336VAG5 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 55336VAG5 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 55336VAG5 bond over time.
Current vs Lagged Prices |
| Timeline |
55336VAG5 Lagged Returns
When evaluating 55336VAG5's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 55336VAG5 bond have on its future price. 55336VAG5 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, 55336VAG5 autocorrelation shows the relationship between 55336VAG5 bond current value and its past values and can show if there is a momentum factor associated with investing in MPLX LP 4875.
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 55336VAG5 Bond
55336VAG5 financial ratios help investors to determine whether 55336VAG5 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 55336VAG5 with respect to the benefits of owning 55336VAG5 security.