ACACN 525 01 APR 29 Market Value
| 00909DAA1 | 97.69 2.71 2.70% |
| Symbol | ACACN |
Please note, there is a significant difference between ACACN's value and its price as these two are different measures arrived at by different means. Investors typically determine if ACACN is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ACACN'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.
ACACN '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 ACACN'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 ACACN.
| 12/20/2024 |
| 03/20/2025 |
If you would invest 0.00 in ACACN on December 20, 2024 and sell it all today you would earn a total of 0.00 from holding ACACN 525 01 APR 29 or generate 0.0% return on investment in ACACN over 90 days. ACACN is related to or competes with 00108WAF7, FIH Mobile, Defence Therapeutics, Agora, China Resources, and Citizen Watch. More
ACACN 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 ACACN'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 ACACN 525 01 APR 29 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9065 | |||
| Information Ratio | 0.1125 | |||
| Maximum Drawdown | 4.91 | |||
| Value At Risk | (1.18) | |||
| Potential Upside | 0.9679 |
ACACN Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ACACN's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ACACN's standard deviation. In reality, there are many statistical measures that can use ACACN historical prices to predict the future ACACN's volatility.| Risk Adjusted Performance | 0.0046 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | 0.0849 | |||
| Sortino Ratio | 0.1014 | |||
| Treynor Ratio | 0.5681 |
ACACN 525 01 Backtested Returns
ACACN 525 01 retains Efficiency (Sharpe Ratio) of -0.15, which signifies that the bond had a -0.15 % return per unit of risk over the last 3 months. ACACN exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ACACN's coefficient of variation of 16332.15, and Market Risk Adjusted Performance of 0.5781 to double-check the risk estimate we provide. The entity owns a Beta (Systematic Risk) of -0.0088, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ACACN are expected to decrease at a much lower rate. During the bear market, ACACN is likely to outperform the market.
Auto-correlation | 0.76 |
Good predictability
ACACN 525 01 APR 29 has good predictability. Overlapping area represents the amount of predictability between ACACN time series from 20th of December 2024 to 3rd of February 2025 and 3rd of February 2025 to 20th 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 ACACN 525 01 price movement. The serial correlation of 0.76 indicates that around 76.0% of current ACACN price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.76 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
ACACN 525 01 lagged returns against current returns
Autocorrelation, which is ACACN 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 ACACN's bond expected returns. We can calculate the autocorrelation of ACACN returns to help us make a trade decision. For example, suppose you find that ACACN 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 |
ACACN 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 ACACN bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ACACN bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ACACN bond over time.
Current vs Lagged Prices |
| Timeline |
ACACN Lagged Returns
When evaluating ACACN's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ACACN bond have on its future price. ACACN 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, ACACN autocorrelation shows the relationship between ACACN bond current value and its past values and can show if there is a momentum factor associated with investing in ACACN 525 01 APR 29.
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 ACACN Bond
ACACN financial ratios help investors to determine whether ACACN 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 ACACN with respect to the benefits of owning ACACN security.