US02209SBK87 Market Value
| 02209SBK8 | 77.73 0.19 0.25% |
| Symbol | 02209SBK8 |
Please note, there is a significant difference between 02209SBK8's value and its price as these two are different measures arrived at by different means. Investors typically determine if 02209SBK8 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 02209SBK8'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.
02209SBK8 '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 02209SBK8'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 02209SBK8.
| 02/10/2024 |
| 01/05/2025 |
If you would invest 0.00 in 02209SBK8 on February 10, 2024 and sell it all today you would earn a total of 0.00 from holding US02209SBK87 or generate 0.0% return on investment in 02209SBK8 over 330 days. 02209SBK8 is related to or competes with Playstudios, Udemy, Motorsport Gaming, Boyd Gaming, Lincoln Educational, Bilibili, and GameStop Corp. More
02209SBK8 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 02209SBK8'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 US02209SBK87 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 7.2 | |||
| Value At Risk | (2.64) | |||
| Potential Upside | 2.85 |
02209SBK8 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 02209SBK8's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 02209SBK8's standard deviation. In reality, there are many statistical measures that can use 02209SBK8 historical prices to predict the future 02209SBK8's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | (0.28) |
US02209SBK87 Backtested Returns
US02209SBK87 retains Efficiency (Sharpe Ratio) of -0.0562, which signifies that the bond had a -0.0562% return per unit of price deviation over the last 3 months. 02209SBK8 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 02209SBK8's Variance of 3.29, coefficient of variation of (1,779), and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide. The bond owns a Beta (Systematic Risk) of 0.4, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, 02209SBK8's returns are expected to increase less than the market. However, during the bear market, the loss of holding 02209SBK8 is expected to be smaller as well.
Auto-correlation | -0.2 |
Insignificant reverse predictability
US02209SBK87 has insignificant reverse predictability. Overlapping area represents the amount of predictability between 02209SBK8 time series from 10th of February 2024 to 24th of July 2024 and 24th of July 2024 to 5th 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 US02209SBK87 price movement. The serial correlation of -0.2 indicates that over 20.0% of current 02209SBK8 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.2 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 6.14 |
US02209SBK87 lagged returns against current returns
Autocorrelation, which is 02209SBK8 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 02209SBK8's bond expected returns. We can calculate the autocorrelation of 02209SBK8 returns to help us make a trade decision. For example, suppose you find that 02209SBK8 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 |
02209SBK8 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 02209SBK8 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 02209SBK8 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 02209SBK8 bond over time.
Current vs Lagged Prices |
| Timeline |
02209SBK8 Lagged Returns
When evaluating 02209SBK8's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 02209SBK8 bond have on its future price. 02209SBK8 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, 02209SBK8 autocorrelation shows the relationship between 02209SBK8 bond current value and its past values and can show if there is a momentum factor associated with investing in US02209SBK87.
Regressed Prices |
| Timeline |
Also Currently Popular
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Other Information on Investing in 02209SBK8 Bond
02209SBK8 financial ratios help investors to determine whether 02209SBK8 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 02209SBK8 with respect to the benefits of owning 02209SBK8 security.