ATH 173 02 OCT 26 Market Value
| 04685A3D1 | 93.49 1.35 1.42% |
| Symbol | 04685A3D1 |
Please note, there is a significant difference between 04685A3D1's value and its price as these two are different measures arrived at by different means. Investors typically determine if 04685A3D1 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 04685A3D1'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.
04685A3D1 '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 04685A3D1'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 04685A3D1.
| 10/26/2024 |
| 01/24/2025 |
If you would invest 0.00 in 04685A3D1 on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding ATH 173 02 OCT 26 or generate 0.0% return on investment in 04685A3D1 over 90 days. 04685A3D1 is related to or competes with Snap On, Everspin Technologies, Estee Lauder, Arrow Electronics, NLIGHT, IPG Photonics, and Inter Parfums. More
04685A3D1 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 04685A3D1'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 173 02 OCT 26 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.38 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 12.1 | |||
| Value At Risk | (1.42) | |||
| Potential Upside | 0.3396 |
04685A3D1 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 04685A3D1's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 04685A3D1's standard deviation. In reality, there are many statistical measures that can use 04685A3D1 historical prices to predict the future 04685A3D1's volatility.| Risk Adjusted Performance | 0.0109 | |||
| Jensen Alpha | (0.00000106) | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.038 |
ATH 173 02 Backtested Returns
At this point, 04685A3D1 is very steady. ATH 173 02 secures Sharpe Ratio (or Efficiency) of close to zero, which signifies that the bond had a close to zero % return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for ATH 173 02 OCT 26, which you can use to evaluate the volatility of the entity. Please confirm 04685A3D1's Risk Adjusted Performance of 0.0109, mean deviation of 0.7483, and Coefficient Of Variation of 21333.64 to double-check if the risk estimate we provide is consistent with the expected return of 0.0129%. The bond shows a Beta (market volatility) of 0.075, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 04685A3D1's returns are expected to increase less than the market. However, during the bear market, the loss of holding 04685A3D1 is expected to be smaller as well.
Auto-correlation | -0.09 |
Very weak reverse predictability
ATH 173 02 OCT 26 has very weak reverse predictability. Overlapping area represents the amount of predictability between 04685A3D1 time series from 26th of October 2024 to 10th of December 2024 and 10th of December 2024 to 24th 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 173 02 price movement. The serial correlation of -0.09 indicates that less than 9.0% of current 04685A3D1 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.09 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 5.95 |
ATH 173 02 lagged returns against current returns
Autocorrelation, which is 04685A3D1 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 04685A3D1's bond expected returns. We can calculate the autocorrelation of 04685A3D1 returns to help us make a trade decision. For example, suppose you find that 04685A3D1 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 |
04685A3D1 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 04685A3D1 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 04685A3D1 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 04685A3D1 bond over time.
Current vs Lagged Prices |
| Timeline |
04685A3D1 Lagged Returns
When evaluating 04685A3D1's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 04685A3D1 bond have on its future price. 04685A3D1 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, 04685A3D1 autocorrelation shows the relationship between 04685A3D1 bond current value and its past values and can show if there is a momentum factor associated with investing in ATH 173 02 OCT 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.Other Information on Investing in 04685A3D1 Bond
04685A3D1 financial ratios help investors to determine whether 04685A3D1 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 04685A3D1 with respect to the benefits of owning 04685A3D1 security.