BAYNGR 4875 25 JUN 48 Market Value
| 07274NAQ6 | 79.36 0.67 0.84% |
| Symbol | BAYNGR |
Please note, there is a significant difference between BAYNGR's value and its price as these two are different measures arrived at by different means. Investors typically determine if BAYNGR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BAYNGR'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.
BAYNGR '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 BAYNGR'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 BAYNGR.
| 12/20/2024 |
| 03/20/2025 |
If you would invest 0.00 in BAYNGR on December 20, 2024 and sell it all today you would earn a total of 0.00 from holding BAYNGR 4875 25 JUN 48 or generate 0.0% return on investment in BAYNGR over 90 days. BAYNGR is related to or competes with 00108WAF7, FIH Mobile, Defence Therapeutics, Agora, China Resources, and Citizen Watch. More
BAYNGR 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 BAYNGR'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 BAYNGR 4875 25 JUN 48 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0292 | |||
| Maximum Drawdown | 13.73 | |||
| Value At Risk | (1.27) | |||
| Potential Upside | 1.38 |
BAYNGR Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BAYNGR's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BAYNGR's standard deviation. In reality, there are many statistical measures that can use BAYNGR historical prices to predict the future BAYNGR's volatility.| Risk Adjusted Performance | 2.0E-4 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | 0.2383 | |||
| Treynor Ratio | 0.103 |
BAYNGR 4875 25 Backtested Returns
At this point, BAYNGR is very steady. BAYNGR 4875 25 secures Sharpe Ratio (or Efficiency) of 0.0119, which signifies that the bond had a 0.0119 % return per unit of volatility over the last 3 months. We have found twenty-two technical indicators for BAYNGR 4875 25 JUN 48, which you can use to evaluate the volatility of the entity. Please confirm BAYNGR's Mean Deviation of 1.01, market risk adjusted performance of 0.113, and Variance of 5.79 to double-check if the risk estimate we provide is consistent with the expected return of 0.0095%. The entity shows a Beta (market volatility) of -0.26, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning BAYNGR are expected to decrease at a much lower rate. During the bear market, BAYNGR is likely to outperform the market.
Auto-correlation | 0.66 |
Good predictability
BAYNGR 4875 25 JUN 48 has good predictability. Overlapping area represents the amount of predictability between BAYNGR time series from 20th of December 2024 to 3rd of February 2025 and 3rd of February 2025 to 20th of March 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 BAYNGR 4875 25 price movement. The serial correlation of 0.66 indicates that around 66.0% of current BAYNGR price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.82 |
BAYNGR 4875 25 lagged returns against current returns
Autocorrelation, which is BAYNGR 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 BAYNGR's bond expected returns. We can calculate the autocorrelation of BAYNGR returns to help us make a trade decision. For example, suppose you find that BAYNGR 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 |
BAYNGR 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 BAYNGR bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BAYNGR bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BAYNGR bond over time.
Current vs Lagged Prices |
| Timeline |
BAYNGR Lagged Returns
When evaluating BAYNGR's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BAYNGR bond have on its future price. BAYNGR 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, BAYNGR autocorrelation shows the relationship between BAYNGR bond current value and its past values and can show if there is a momentum factor associated with investing in BAYNGR 4875 25 JUN 48.
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 BAYNGR Bond
BAYNGR financial ratios help investors to determine whether BAYNGR 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 BAYNGR with respect to the benefits of owning BAYNGR security.