AAL 4 15 JUL 25 Market Value
| 023772AB2 | 98.99 0.06 0.06% |
| Symbol | 023772AB2 |
Please note, there is a significant difference between 023772AB2's value and its price as these two are different measures arrived at by different means. Investors typically determine if 023772AB2 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 023772AB2'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.
023772AB2 '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 023772AB2'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 023772AB2.
| 01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in 023772AB2 on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding AAL 4 15 JUL 25 or generate 0.0% return on investment in 023772AB2 over 30 days. 023772AB2 is related to or competes with Molson Coors, Insteel Industries, United States, Philip Morris, Universal, ArcelorMittal, and POSCO Holdings. More
023772AB2 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 023772AB2'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 AAL 4 15 JUL 25 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7873 | |||
| Information Ratio | 0.0288 | |||
| Maximum Drawdown | 4.34 | |||
| Value At Risk | (1.27) | |||
| Potential Upside | 1.22 |
023772AB2 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 023772AB2's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 023772AB2's standard deviation. In reality, there are many statistical measures that can use 023772AB2 historical prices to predict the future 023772AB2's volatility.| Risk Adjusted Performance | 0.0248 | |||
| Jensen Alpha | 0.0147 | |||
| Total Risk Alpha | 0.0214 | |||
| Sortino Ratio | 0.0272 | |||
| Treynor Ratio | (0.52) |
023772AB2 Backtested Returns
At this point, 023772AB2 is very steady. 023772AB2 secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the bond had a 0.12 % return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for AAL 4 15 JUL 25, which you can use to evaluate the volatility of the entity. Please confirm 023772AB2's Coefficient Of Variation of 2980.58, mean deviation of 0.5139, and Standard Deviation of 0.7428 to double-check if the risk estimate we provide is consistent with the expected return of 0.0436%. The entity shows a Beta (market volatility) of -0.0285, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 023772AB2 are expected to decrease at a much lower rate. During the bear market, 023772AB2 is likely to outperform the market.
Auto-correlation | -0.7 |
Very good reverse predictability
AAL 4 15 JUL 25 has very good reverse predictability. Overlapping area represents the amount of predictability between 023772AB2 time series from 28th of January 2025 to 12th of February 2025 and 12th of February 2025 to 27th of February 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 023772AB2 price movement. The serial correlation of -0.7 indicates that around 70.0% of current 023772AB2 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.7 | |
| Spearman Rank Test | 0.9 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
023772AB2 lagged returns against current returns
Autocorrelation, which is 023772AB2 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 023772AB2's bond expected returns. We can calculate the autocorrelation of 023772AB2 returns to help us make a trade decision. For example, suppose you find that 023772AB2 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 |
023772AB2 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 023772AB2 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 023772AB2 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 023772AB2 bond over time.
Current vs Lagged Prices |
| Timeline |
023772AB2 Lagged Returns
When evaluating 023772AB2's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 023772AB2 bond have on its future price. 023772AB2 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, 023772AB2 autocorrelation shows the relationship between 023772AB2 bond current value and its past values and can show if there is a momentum factor associated with investing in AAL 4 15 JUL 25.
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 023772AB2 Bond
023772AB2 financial ratios help investors to determine whether 023772AB2 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 023772AB2 with respect to the benefits of owning 023772AB2 security.