BIO 33 15 MAR 27 Market Value
| 090572AR9 | 93.40 3.51 3.62% |
| Symbol | 090572AR9 |
Please note, there is a significant difference between 090572AR9's value and its price as these two are different measures arrived at by different means. Investors typically determine if 090572AR9 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 090572AR9'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.
090572AR9 '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 090572AR9'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 090572AR9.
| 11/16/2024 |
| 12/16/2024 |
If you would invest 0.00 in 090572AR9 on November 16, 2024 and sell it all today you would earn a total of 0.00 from holding BIO 33 15 MAR 27 or generate 0.0% return on investment in 090572AR9 over 30 days. 090572AR9 is related to or competes with Space Communication, Funko, Pinterest, National CineMedia, Sonos, United Parks, and JD Sports. More
090572AR9 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 090572AR9'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 BIO 33 15 MAR 27 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 7.59 | |||
| Value At Risk | (1.38) | |||
| Potential Upside | 0.6965 |
090572AR9 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 090572AR9's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 090572AR9's standard deviation. In reality, there are many statistical measures that can use 090572AR9 historical prices to predict the future 090572AR9's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (2.04) |
BIO 33 15 Backtested Returns
BIO 33 15 secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the bond had a -0.13% return per unit of price deviation over the last 3 months. BIO 33 15 MAR 27 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 090572AR9's Mean Deviation of 0.4228, risk adjusted performance of (0.05), and Variance of 0.8707 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of 0.0359, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 090572AR9's returns are expected to increase less than the market. However, during the bear market, the loss of holding 090572AR9 is expected to be smaller as well.
Auto-correlation | -0.58 |
Good reverse predictability
BIO 33 15 MAR 27 has good reverse predictability. Overlapping area represents the amount of predictability between 090572AR9 time series from 16th of November 2024 to 1st of December 2024 and 1st of December 2024 to 16th 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 BIO 33 15 price movement. The serial correlation of -0.58 indicates that roughly 58.0% of current 090572AR9 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.58 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
BIO 33 15 lagged returns against current returns
Autocorrelation, which is 090572AR9 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 090572AR9's bond expected returns. We can calculate the autocorrelation of 090572AR9 returns to help us make a trade decision. For example, suppose you find that 090572AR9 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 |
090572AR9 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 090572AR9 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 090572AR9 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 090572AR9 bond over time.
Current vs Lagged Prices |
| Timeline |
090572AR9 Lagged Returns
When evaluating 090572AR9's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 090572AR9 bond have on its future price. 090572AR9 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, 090572AR9 autocorrelation shows the relationship between 090572AR9 bond current value and its past values and can show if there is a momentum factor associated with investing in BIO 33 15 MAR 27.
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 090572AR9 Bond
090572AR9 financial ratios help investors to determine whether 090572AR9 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 090572AR9 with respect to the benefits of owning 090572AR9 security.