AN 24 01 AUG 31 Market Value
| 05329WAS1 | 84.30 1.44 1.74% |
| Symbol | 05329WAS1 |
Please note, there is a significant difference between 05329WAS1's value and its price as these two are different measures arrived at by different means. Investors typically determine if 05329WAS1 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 05329WAS1'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.
05329WAS1 '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 05329WAS1'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 05329WAS1.
| 01/02/2023 |
| 12/22/2024 |
If you would invest 0.00 in 05329WAS1 on January 2, 2023 and sell it all today you would earn a total of 0.00 from holding AN 24 01 AUG 31 or generate 0.0% return on investment in 05329WAS1 over 720 days. 05329WAS1 is related to or competes with BRP, Hasbro, Playa Hotels, Planet Fitness, Playtech Plc, Life Time, and Air Products. More
05329WAS1 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 05329WAS1'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 AN 24 01 AUG 31 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.74 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 12.07 | |||
| Value At Risk | (3.23) | |||
| Potential Upside | 1.73 |
05329WAS1 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 05329WAS1's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 05329WAS1's standard deviation. In reality, there are many statistical measures that can use 05329WAS1 historical prices to predict the future 05329WAS1's volatility.| Risk Adjusted Performance | 0.008 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.01) |
05329WAS1 Backtested Returns
05329WAS1 retains Efficiency (Sharpe Ratio) of -0.0181, which signifies that the bond had a -0.0181% return per unit of price deviation over the last 3 months. 05329WAS1 exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 05329WAS1's Coefficient Of Variation of 43097.24, market risk adjusted performance of 0.0025, and Standard Deviation of 2.09 to double-check the risk estimate we provide. The bond owns a Beta (Systematic Risk) of 0.69, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, 05329WAS1's returns are expected to increase less than the market. However, during the bear market, the loss of holding 05329WAS1 is expected to be smaller as well.
Auto-correlation | -0.34 |
Poor reverse predictability
AN 24 01 AUG 31 has poor reverse predictability. Overlapping area represents the amount of predictability between 05329WAS1 time series from 2nd of January 2023 to 28th of December 2023 and 28th of December 2023 to 22nd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of 05329WAS1 price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current 05329WAS1 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 3.62 |
05329WAS1 lagged returns against current returns
Autocorrelation, which is 05329WAS1 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 05329WAS1's bond expected returns. We can calculate the autocorrelation of 05329WAS1 returns to help us make a trade decision. For example, suppose you find that 05329WAS1 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 |
05329WAS1 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 05329WAS1 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 05329WAS1 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 05329WAS1 bond over time.
Current vs Lagged Prices |
| Timeline |
05329WAS1 Lagged Returns
When evaluating 05329WAS1's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 05329WAS1 bond have on its future price. 05329WAS1 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, 05329WAS1 autocorrelation shows the relationship between 05329WAS1 bond current value and its past values and can show if there is a momentum factor associated with investing in AN 24 01 AUG 31.
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 05329WAS1 Bond
05329WAS1 financial ratios help investors to determine whether 05329WAS1 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 05329WAS1 with respect to the benefits of owning 05329WAS1 security.