BNS 3625 27 OCT 81 Market Value
| 0641598N9 | 86.48 6.03 6.52% |
| Symbol | 0641598N9 |
Please note, there is a significant difference between 0641598N9's value and its price as these two are different measures arrived at by different means. Investors typically determine if 0641598N9 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 0641598N9'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.
0641598N9 '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 0641598N9'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 0641598N9.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in 0641598N9 on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding BNS 3625 27 OCT 81 or generate 0.0% return on investment in 0641598N9 over 30 days. 0641598N9 is related to or competes with Life Time, Universal Display, Awilco Drilling, Planet Fitness, Academy Sports, and Xponential Fitness. More
0641598N9 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 0641598N9'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 BNS 3625 27 OCT 81 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.31 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 22.38 | |||
| Value At Risk | (2.56) | |||
| Potential Upside | 2.83 |
0641598N9 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 0641598N9's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 0641598N9's standard deviation. In reality, there are many statistical measures that can use 0641598N9 historical prices to predict the future 0641598N9's volatility.| Risk Adjusted Performance | 0.014 | |||
| Jensen Alpha | 0.0259 | |||
| Total Risk Alpha | (0.39) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.16) |
BNS 3625 27 Backtested Returns
At this point, 0641598N9 is very steady. BNS 3625 27 secures Sharpe Ratio (or Efficiency) of 3.0E-4, which signifies that the bond had a 3.0E-4% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for BNS 3625 27 OCT 81, which you can use to evaluate the volatility of the entity. Please confirm 0641598N9's Downside Deviation of 4.31, risk adjusted performance of 0.014, and Mean Deviation of 1.42 to double-check if the risk estimate we provide is consistent with the expected return of 4.0E-4%. The bond shows a Beta (market volatility) of -0.0986, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 0641598N9 are expected to decrease at a much lower rate. During the bear market, 0641598N9 is likely to outperform the market.
Auto-correlation | -0.94 |
Near perfect reversele predictability
BNS 3625 27 OCT 81 has near perfect reversele predictability. Overlapping area represents the amount of predictability between 0641598N9 time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 BNS 3625 27 price movement. The serial correlation of -0.94 indicates that approximately 94.0% of current 0641598N9 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.94 | |
| Spearman Rank Test | -0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 45.18 |
BNS 3625 27 lagged returns against current returns
Autocorrelation, which is 0641598N9 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 0641598N9's bond expected returns. We can calculate the autocorrelation of 0641598N9 returns to help us make a trade decision. For example, suppose you find that 0641598N9 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 |
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0641598N9 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 0641598N9 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 0641598N9 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 0641598N9 bond over time.
Current vs Lagged Prices |
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0641598N9 Lagged Returns
When evaluating 0641598N9's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 0641598N9 bond have on its future price. 0641598N9 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, 0641598N9 autocorrelation shows the relationship between 0641598N9 bond current value and its past values and can show if there is a momentum factor associated with investing in BNS 3625 27 OCT 81.
Regressed Prices |
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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 0641598N9 Bond
0641598N9 financial ratios help investors to determine whether 0641598N9 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 0641598N9 with respect to the benefits of owning 0641598N9 security.