ALLY 47 Market Value
| 02005NBM1 | 93.48 0.10 0.11% |
| Symbol | 02005NBM1 |
Please note, there is a significant difference between 02005NBM1's value and its price as these two are different measures arrived at by different means. Investors typically determine if 02005NBM1 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 02005NBM1'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.
02005NBM1 '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 02005NBM1'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 02005NBM1.
| 01/13/2023 |
| 01/02/2025 |
If you would invest 0.00 in 02005NBM1 on January 13, 2023 and sell it all today you would earn a total of 0.00 from holding ALLY 47 or generate 0.0% return on investment in 02005NBM1 over 720 days. 02005NBM1 is related to or competes with NETGEAR, Western Acquisition, Cresud SACIF, Highway Holdings, Iridium Communications, and Perseus Mining. More
02005NBM1 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 02005NBM1'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 ALLY 47 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.61 | |||
| Information Ratio | 0.0196 | |||
| Maximum Drawdown | 53.86 | |||
| Value At Risk | (2.23) | |||
| Potential Upside | 2.62 |
02005NBM1 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 02005NBM1's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 02005NBM1's standard deviation. In reality, there are many statistical measures that can use 02005NBM1 historical prices to predict the future 02005NBM1's volatility.| Risk Adjusted Performance | 0.026 | |||
| Jensen Alpha | 0.1414 | |||
| Total Risk Alpha | 0.1269 | |||
| Sortino Ratio | 0.0211 | |||
| Treynor Ratio | (1.15) |
02005NBM1 Backtested Returns
At this point, 02005NBM1 is very steady. 02005NBM1 secures Sharpe Ratio (or Efficiency) of 0.0212, which signifies that the bond had a 0.0212% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for ALLY 47, which you can use to evaluate the volatility of the entity. Please confirm 02005NBM1's Risk Adjusted Performance of 0.026, coefficient of variation of 4706.9, and Mean Deviation of 2.59 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%. The bond shows a Beta (market volatility) of -0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 02005NBM1 are expected to decrease at a much lower rate. During the bear market, 02005NBM1 is likely to outperform the market.
Auto-correlation | -0.42 |
Modest reverse predictability
ALLY 47 has modest reverse predictability. Overlapping area represents the amount of predictability between 02005NBM1 time series from 13th of January 2023 to 8th of January 2024 and 8th of January 2024 to 2nd of January 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 02005NBM1 price movement. The serial correlation of -0.42 indicates that just about 42.0% of current 02005NBM1 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.42 | |
| Spearman Rank Test | -0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 19.48 |
02005NBM1 lagged returns against current returns
Autocorrelation, which is 02005NBM1 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 02005NBM1's bond expected returns. We can calculate the autocorrelation of 02005NBM1 returns to help us make a trade decision. For example, suppose you find that 02005NBM1 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 |
02005NBM1 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 02005NBM1 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 02005NBM1 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 02005NBM1 bond over time.
Current vs Lagged Prices |
| Timeline |
02005NBM1 Lagged Returns
When evaluating 02005NBM1's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 02005NBM1 bond have on its future price. 02005NBM1 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, 02005NBM1 autocorrelation shows the relationship between 02005NBM1 bond current value and its past values and can show if there is a momentum factor associated with investing in ALLY 47.
Regressed Prices |
| Timeline |
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Other Information on Investing in 02005NBM1 Bond
02005NBM1 financial ratios help investors to determine whether 02005NBM1 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 02005NBM1 with respect to the benefits of owning 02005NBM1 security.