AEP Texas 415 Market Value
| 00108WAJ9 | 82.82 0.00 0.00% |
| Symbol | 00108WAJ9 |
Please note, there is a significant difference between 00108WAJ9's value and its price as these two are different measures arrived at by different means. Investors typically determine if 00108WAJ9 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 00108WAJ9'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.
00108WAJ9 '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 00108WAJ9'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 00108WAJ9.
| 12/14/2024 |
| 03/14/2025 |
If you would invest 0.00 in 00108WAJ9 on December 14, 2024 and sell it all today you would earn a total of 0.00 from holding AEP Texas 415 or generate 0.0% return on investment in 00108WAJ9 over 90 days. 00108WAJ9 is related to or competes with AG Mortgage, AG Mortgage, Athene Holding, Middlesex Water, Alternative Investment, Summit Midstream, and Canaf Investments. More
00108WAJ9 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 00108WAJ9'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 AEP Texas 415 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.42 | |||
| Information Ratio | 0.1643 | |||
| Maximum Drawdown | 7.39 | |||
| Value At Risk | (3.42) | |||
| Potential Upside | 5.6 |
00108WAJ9 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 00108WAJ9's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 00108WAJ9's standard deviation. In reality, there are many statistical measures that can use 00108WAJ9 historical prices to predict the future 00108WAJ9's volatility.| Risk Adjusted Performance | 0.0965 | |||
| Jensen Alpha | 0.2866 | |||
| Total Risk Alpha | 0.5381 | |||
| Sortino Ratio | 0.2434 | |||
| Treynor Ratio | 0.4046 |
AEP Texas 415 Backtested Returns
00108WAJ9 appears to be very steady, given 3 months investment horizon. AEP Texas 415 secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the bond had a 0.11 % return per unit of price deviation over the last 3 months. We have found twenty-four technical indicators for AEP Texas 415, which you can use to evaluate the volatility of the entity. Please makes use of 00108WAJ9's Risk Adjusted Performance of 0.0965, coefficient of variation of 919.66, and Mean Deviation of 1.44 to double-check if our risk estimates are consistent with your expectations. The bond shows a Beta (market volatility) of 0.54, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, 00108WAJ9's returns are expected to increase less than the market. However, during the bear market, the loss of holding 00108WAJ9 is expected to be smaller as well.
Auto-correlation | -0.7 |
Very good reverse predictability
AEP Texas 415 has very good reverse predictability. Overlapping area represents the amount of predictability between 00108WAJ9 time series from 14th of December 2024 to 28th of January 2025 and 28th of January 2025 to 14th of March 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 AEP Texas 415 price movement. The serial correlation of -0.7 indicates that around 70.0% of current 00108WAJ9 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.7 | |
| Spearman Rank Test | -0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 5.58 |
AEP Texas 415 lagged returns against current returns
Autocorrelation, which is 00108WAJ9 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 00108WAJ9's bond expected returns. We can calculate the autocorrelation of 00108WAJ9 returns to help us make a trade decision. For example, suppose you find that 00108WAJ9 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 |
00108WAJ9 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 00108WAJ9 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 00108WAJ9 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 00108WAJ9 bond over time.
Current vs Lagged Prices |
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00108WAJ9 Lagged Returns
When evaluating 00108WAJ9's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 00108WAJ9 bond have on its future price. 00108WAJ9 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, 00108WAJ9 autocorrelation shows the relationship between 00108WAJ9 bond current value and its past values and can show if there is a momentum factor associated with investing in AEP Texas 415.
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 00108WAJ9 Bond
00108WAJ9 financial ratios help investors to determine whether 00108WAJ9 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 00108WAJ9 with respect to the benefits of owning 00108WAJ9 security.