ATH 145 08 JAN 26 Market Value
| 04685A2U4 | 88.60 8.03 8.31% |
| Symbol | 04685A2U4 |
Please note, there is a significant difference between 04685A2U4's value and its price as these two are different measures arrived at by different means. Investors typically determine if 04685A2U4 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 04685A2U4'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.
04685A2U4 '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 04685A2U4'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 04685A2U4.
| 12/09/2024 |
| 01/08/2025 |
If you would invest 0.00 in 04685A2U4 on December 9, 2024 and sell it all today you would earn a total of 0.00 from holding ATH 145 08 JAN 26 or generate 0.0% return on investment in 04685A2U4 over 30 days. 04685A2U4 is related to or competes with Radcom, Senmiao Technology, Freedom Internet, Zhihu, Arrow Electronics, Stratasys, and NETGEAR. More
04685A2U4 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 04685A2U4'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 ATH 145 08 JAN 26 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 0.3732 | |||
| Value At Risk | (0.14) | |||
| Potential Upside | 0.1559 |
04685A2U4 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 04685A2U4's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 04685A2U4's standard deviation. In reality, there are many statistical measures that can use 04685A2U4 historical prices to predict the future 04685A2U4's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.25) | |||
| Treynor Ratio | 0.6739 |
ATH 145 08 Backtested Returns
ATH 145 08 secures Sharpe Ratio (or Efficiency) of -0.16, which signifies that the bond had a -0.16% return per unit of price deviation over the last 3 months. ATH 145 08 JAN 26 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 04685A2U4's Mean Deviation of 0.5044, variance of 2.17, and Risk Adjusted Performance of (0.13) to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.37, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning 04685A2U4 are expected to decrease at a much lower rate. During the bear market, 04685A2U4 is likely to outperform the market.
Auto-correlation | 0.78 |
Good predictability
ATH 145 08 JAN 26 has good predictability. Overlapping area represents the amount of predictability between 04685A2U4 time series from 9th of December 2024 to 24th of December 2024 and 24th of December 2024 to 8th 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 ATH 145 08 price movement. The serial correlation of 0.78 indicates that around 78.0% of current 04685A2U4 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 13.49 |
ATH 145 08 lagged returns against current returns
Autocorrelation, which is 04685A2U4 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 04685A2U4's bond expected returns. We can calculate the autocorrelation of 04685A2U4 returns to help us make a trade decision. For example, suppose you find that 04685A2U4 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 |
04685A2U4 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 04685A2U4 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 04685A2U4 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 04685A2U4 bond over time.
Current vs Lagged Prices |
| Timeline |
04685A2U4 Lagged Returns
When evaluating 04685A2U4's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 04685A2U4 bond have on its future price. 04685A2U4 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, 04685A2U4 autocorrelation shows the relationship between 04685A2U4 bond current value and its past values and can show if there is a momentum factor associated with investing in ATH 145 08 JAN 26.
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.| BTC | Bitcoin | |
| TRX | TRON | |
| BNB | Binance Coin |
Other Information on Investing in 04685A2U4 Bond
04685A2U4 financial ratios help investors to determine whether 04685A2U4 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 04685A2U4 with respect to the benefits of owning 04685A2U4 security.