KELLOGG 34 percent Market Value
| 487836BU1 | 94.39 0.12 0.13% |
| Symbol | KELLOGG |
KELLOGG '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 KELLOGG'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 KELLOGG.
| 11/23/2023 |
| 05/21/2024 |
If you would invest 0.00 in KELLOGG on November 23, 2023 and sell it all today you would earn a total of 0.00 from holding KELLOGG 34 percent or generate 0.0% return on investment in KELLOGG over 180 days. KELLOGG is related to or competes with Home Depot, Cisco Systems, 3M, Verizon Communications, Coca Cola, Dupont De, and Johnson Johnson. More
KELLOGG 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 KELLOGG'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 KELLOGG 34 percent upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 3.43 | |||
| Value At Risk | (0.37) | |||
| Potential Upside | 0.3713 |
KELLOGG Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for KELLOGG's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KELLOGG's standard deviation. In reality, there are many statistical measures that can use KELLOGG historical prices to predict the future KELLOGG's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | 6.63 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of KELLOGG'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.
KELLOGG 34 percent Backtested Returns
KELLOGG 34 percent has Sharpe Ratio of -0.0912, which conveys that the entity had a -0.0912% return per unit of volatility over the last 3 months. KELLOGG exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify KELLOGG's mean deviation of 0.235, and Risk Adjusted Performance of (0.02) to check out the risk estimate we provide. The bond secures a Beta (Market Risk) of -0.003, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning KELLOGG are expected to decrease at a much lower rate. During the bear market, KELLOGG is likely to outperform the market.
Auto-correlation | -0.11 |
Insignificant reverse predictability
KELLOGG 34 percent has insignificant reverse predictability. Overlapping area represents the amount of predictability between KELLOGG time series from 23rd of November 2023 to 21st of February 2024 and 21st of February 2024 to 21st of May 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 KELLOGG 34 percent price movement. The serial correlation of -0.11 indicates that less than 11.0% of current KELLOGG price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.17 |
KELLOGG 34 percent lagged returns against current returns
Autocorrelation, which is KELLOGG 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 KELLOGG's bond expected returns. We can calculate the autocorrelation of KELLOGG returns to help us make a trade decision. For example, suppose you find that KELLOGG 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 |
KELLOGG 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 KELLOGG bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KELLOGG bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KELLOGG bond over time.
Current vs Lagged Prices |
| Timeline |
KELLOGG Lagged Returns
When evaluating KELLOGG's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KELLOGG bond have on its future price. KELLOGG 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, KELLOGG autocorrelation shows the relationship between KELLOGG bond current value and its past values and can show if there is a momentum factor associated with investing in KELLOGG 34 percent.
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.Check out KELLOGG Correlation, KELLOGG Volatility and KELLOGG Alpha and Beta module to complement your research on KELLOGG. Note that the KELLOGG 34 percent information on this page should be used as a complementary analysis to other KELLOGG's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
KELLOGG technical bond analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, bond market cycles, or different charting patterns.