ALLY 67 14 FEB 33 Market Value
| 02005NBS8 | 97.60 3.68 3.63% |
| Symbol | 02005NBS8 |
Please note, there is a significant difference between 02005NBS8's value and its price as these two are different measures arrived at by different means. Investors typically determine if 02005NBS8 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 02005NBS8'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.
02005NBS8 '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 02005NBS8'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 02005NBS8.
| 12/04/2024 |
| 01/03/2025 |
If you would invest 0.00 in 02005NBS8 on December 4, 2024 and sell it all today you would earn a total of 0.00 from holding ALLY 67 14 FEB 33 or generate 0.0% return on investment in 02005NBS8 over 30 days. 02005NBS8 is related to or competes with SNDL, Senmiao Technology, Compania Cervecerias, Fomento Economico, Fevertree Drinks, Ambev SA, and Oatly Group. More
02005NBS8 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 02005NBS8'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 67 14 FEB 33 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 7.71 | |||
| Value At Risk | (3.06) | |||
| Potential Upside | 2.78 |
02005NBS8 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 02005NBS8's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 02005NBS8's standard deviation. In reality, there are many statistical measures that can use 02005NBS8 historical prices to predict the future 02005NBS8's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | (0.52) |
ALLY 67 14 Backtested Returns
ALLY 67 14 secures Sharpe Ratio (or Efficiency) of -0.0423, which signifies that the bond had a -0.0423% return per unit of price deviation over the last 3 months. ALLY 67 14 FEB 33 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 02005NBS8's Risk Adjusted Performance of (0.03), mean deviation of 0.8669, and Variance of 1.91 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of 0.13, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 02005NBS8's returns are expected to increase less than the market. However, during the bear market, the loss of holding 02005NBS8 is expected to be smaller as well.
Auto-correlation | 0.61 |
Good predictability
ALLY 67 14 FEB 33 has good predictability. Overlapping area represents the amount of predictability between 02005NBS8 time series from 4th of December 2024 to 19th of December 2024 and 19th of December 2024 to 3rd 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 ALLY 67 14 price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current 02005NBS8 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.61 | |
| Spearman Rank Test | 0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 1.07 |
ALLY 67 14 lagged returns against current returns
Autocorrelation, which is 02005NBS8 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 02005NBS8's bond expected returns. We can calculate the autocorrelation of 02005NBS8 returns to help us make a trade decision. For example, suppose you find that 02005NBS8 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 |
02005NBS8 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 02005NBS8 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 02005NBS8 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 02005NBS8 bond over time.
Current vs Lagged Prices |
| Timeline |
02005NBS8 Lagged Returns
When evaluating 02005NBS8's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 02005NBS8 bond have on its future price. 02005NBS8 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, 02005NBS8 autocorrelation shows the relationship between 02005NBS8 bond current value and its past values and can show if there is a momentum factor associated with investing in ALLY 67 14 FEB 33.
Regressed Prices |
| Timeline |
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Other Information on Investing in 02005NBS8 Bond
02005NBS8 financial ratios help investors to determine whether 02005NBS8 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 02005NBS8 with respect to the benefits of owning 02005NBS8 security.