BDX 4693 13 FEB 28 Market Value
| 075887CQ0 | 101.15 0.85 0.85% |
| Symbol | 075887CQ0 |
Please note, there is a significant difference between 075887CQ0's value and its price as these two are different measures arrived at by different means. Investors typically determine if 075887CQ0 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 075887CQ0'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.
075887CQ0 '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 075887CQ0'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 075887CQ0.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in 075887CQ0 on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding BDX 4693 13 FEB 28 or generate 0.0% return on investment in 075887CQ0 over 720 days. 075887CQ0 is related to or competes with Insteel Industries, Griffon, Hurco Companies, and Highway Holdings. More
075887CQ0 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 075887CQ0'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 BDX 4693 13 FEB 28 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5833 | |||
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 3.28 | |||
| Value At Risk | (0.75) | |||
| Potential Upside | 0.5721 |
075887CQ0 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 075887CQ0's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 075887CQ0's standard deviation. In reality, there are many statistical measures that can use 075887CQ0 historical prices to predict the future 075887CQ0's volatility.| Risk Adjusted Performance | 0.0085 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | (0.22) | |||
| Treynor Ratio | (0.83) |
BDX 4693 13 Backtested Returns
At this point, 075887CQ0 is very steady. BDX 4693 13 secures Sharpe Ratio (or Efficiency) of 0.02, which signifies that the bond had a 0.02% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for BDX 4693 13 FEB 28, which you can use to evaluate the volatility of the entity. Please confirm 075887CQ0's Risk Adjusted Performance of 0.0085, downside deviation of 0.5833, and Mean Deviation of 0.3449 to double-check if the risk estimate we provide is consistent with the expected return of 0.006%. The bond shows a Beta (market volatility) of 0.0021, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 075887CQ0's returns are expected to increase less than the market. However, during the bear market, the loss of holding 075887CQ0 is expected to be smaller as well.
Auto-correlation | -0.25 |
Weak reverse predictability
BDX 4693 13 FEB 28 has weak reverse predictability. Overlapping area represents the amount of predictability between 075887CQ0 time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 to 1st 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 BDX 4693 13 price movement. The serial correlation of -0.25 indicates that over 25.0% of current 075887CQ0 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 1.14 |
BDX 4693 13 lagged returns against current returns
Autocorrelation, which is 075887CQ0 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 075887CQ0's bond expected returns. We can calculate the autocorrelation of 075887CQ0 returns to help us make a trade decision. For example, suppose you find that 075887CQ0 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 |
075887CQ0 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 075887CQ0 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 075887CQ0 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 075887CQ0 bond over time.
Current vs Lagged Prices |
| Timeline |
075887CQ0 Lagged Returns
When evaluating 075887CQ0's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 075887CQ0 bond have on its future price. 075887CQ0 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, 075887CQ0 autocorrelation shows the relationship between 075887CQ0 bond current value and its past values and can show if there is a momentum factor associated with investing in BDX 4693 13 FEB 28.
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 075887CQ0 Bond
075887CQ0 financial ratios help investors to determine whether 075887CQ0 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 075887CQ0 with respect to the benefits of owning 075887CQ0 security.