ATH 345 15 MAY 52 Market Value
| 04686JAE1 | 64.50 0.13 0.20% |
| Symbol | 04686JAE1 |
Please note, there is a significant difference between 04686JAE1's value and its price as these two are different measures arrived at by different means. Investors typically determine if 04686JAE1 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 04686JAE1'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.
04686JAE1 '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 04686JAE1'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 04686JAE1.
| 12/10/2023 |
| 01/03/2025 |
If you would invest 0.00 in 04686JAE1 on December 10, 2023 and sell it all today you would earn a total of 0.00 from holding ATH 345 15 MAY 52 or generate 0.0% return on investment in 04686JAE1 over 390 days. 04686JAE1 is related to or competes with 00108WAF7, 90331HPL1, Salesforce, MicroCloud Hologram, Inter Parfums, LandBridge Company, and Occidental. More
04686JAE1 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 04686JAE1'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 345 15 MAY 52 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 7.87 | |||
| Value At Risk | (2.04) | |||
| Potential Upside | 2.79 |
04686JAE1 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 04686JAE1's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 04686JAE1's standard deviation. In reality, there are many statistical measures that can use 04686JAE1 historical prices to predict the future 04686JAE1's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | (0.17) |
ATH 345 15 Backtested Returns
ATH 345 15 secures Sharpe Ratio (or Efficiency) of -0.0734, which signifies that the bond had a -0.0734% return per unit of price deviation over the last 3 months. ATH 345 15 MAY 52 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 04686JAE1's Mean Deviation of 1.13, risk adjusted performance of (0.02), and Variance of 2.31 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of 0.34, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, 04686JAE1's returns are expected to increase less than the market. However, during the bear market, the loss of holding 04686JAE1 is expected to be smaller as well.
Auto-correlation | 0.04 |
Virtually no predictability
ATH 345 15 MAY 52 has virtually no predictability. Overlapping area represents the amount of predictability between 04686JAE1 time series from 10th of December 2023 to 22nd of June 2024 and 22nd of June 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 ATH 345 15 price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current 04686JAE1 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 3.0 |
ATH 345 15 lagged returns against current returns
Autocorrelation, which is 04686JAE1 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 04686JAE1's bond expected returns. We can calculate the autocorrelation of 04686JAE1 returns to help us make a trade decision. For example, suppose you find that 04686JAE1 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 |
04686JAE1 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 04686JAE1 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 04686JAE1 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 04686JAE1 bond over time.
Current vs Lagged Prices |
| Timeline |
04686JAE1 Lagged Returns
When evaluating 04686JAE1's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 04686JAE1 bond have on its future price. 04686JAE1 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, 04686JAE1 autocorrelation shows the relationship between 04686JAE1 bond current value and its past values and can show if there is a momentum factor associated with investing in ATH 345 15 MAY 52.
Regressed Prices |
| Timeline |
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Other Information on Investing in 04686JAE1 Bond
04686JAE1 financial ratios help investors to determine whether 04686JAE1 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 04686JAE1 with respect to the benefits of owning 04686JAE1 security.