BALN 75 01 JUL 27 Market Value

11041RAL2   105.82  0.63  0.59%   
11041RAL2's market value is the price at which a share of 11041RAL2 trades on an exchange. It measures the collective expectations of BALN 75 01 JUL 27 investors about the bond's future performance. With this module, you can estimate the performance of a buy and hold strategy of BALN 75 01 JUL 27 and determine expected loss or profit from investing in 11041RAL2 over a given investment horizon.
Check out 11041RAL2 Correlation, 11041RAL2 Volatility and 11041RAL2 Alpha and Beta module to complement your research on 11041RAL2.
Symbol

Please note, there is a significant difference between 11041RAL2's value and its price as these two are different measures arrived at by different means. Investors typically determine if 11041RAL2 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 11041RAL2'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.

11041RAL2 '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 11041RAL2'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 11041RAL2.
0.00
04/27/2024
No Change 0.00  0.0 
In 7 months and 28 days
12/23/2024
0.00
If you would invest  0.00  in 11041RAL2 on April 27, 2024 and sell it all today you would earn a total of 0.00 from holding BALN 75 01 JUL 27 or generate 0.0% return on investment in 11041RAL2 over 240 days. 11041RAL2 is related to or competes with Philip Morris, Wendys, Dine Brands, Dalata Hotel, Universal, Ark Restaurants, and Turning Point. More

11041RAL2 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 11041RAL2'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 BALN 75 01 JUL 27 upside and downside potential and time the market with a certain degree of confidence.

11041RAL2 Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for 11041RAL2's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 11041RAL2's standard deviation. In reality, there are many statistical measures that can use 11041RAL2 historical prices to predict the future 11041RAL2's volatility.
Hype
Prediction
LowEstimatedHigh
105.52105.82106.12
Details
Intrinsic
Valuation
LowRealHigh
98.7499.04116.40
Details

BALN 75 01 Backtested Returns

BALN 75 01 secures Sharpe Ratio (or Efficiency) of -0.34, which signifies that the bond had a -0.34% return per unit of price deviation over the last 3 months. BALN 75 01 JUL 27 exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 11041RAL2's Mean Deviation of 0.2591, standard deviation of 0.349, and Coefficient Of Variation of 39394.13 to double-check the risk estimate we provide. The entity shows a Beta (market volatility) of -0.0305, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 11041RAL2 are expected to decrease at a much lower rate. During the bear market, 11041RAL2 is likely to outperform the market.

Auto-correlation

    
  -0.73  

Almost perfect reverse predictability

BALN 75 01 JUL 27 has almost perfect reverse predictability. Overlapping area represents the amount of predictability between 11041RAL2 time series from 27th of April 2024 to 25th of August 2024 and 25th of August 2024 to 23rd 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 BALN 75 01 price movement. The serial correlation of -0.73 indicates that around 73.0% of current 11041RAL2 price fluctuation can be explain by its past prices.
Correlation Coefficient-0.73
Spearman Rank Test-0.74
Residual Average0.0
Price Variance0.74

BALN 75 01 lagged returns against current returns

Autocorrelation, which is 11041RAL2 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 11041RAL2's bond expected returns. We can calculate the autocorrelation of 11041RAL2 returns to help us make a trade decision. For example, suppose you find that 11041RAL2 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  

11041RAL2 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 11041RAL2 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 11041RAL2 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 11041RAL2 bond over time.
   Current vs Lagged Prices   
       Timeline  

11041RAL2 Lagged Returns

When evaluating 11041RAL2's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 11041RAL2 bond have on its future price. 11041RAL2 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, 11041RAL2 autocorrelation shows the relationship between 11041RAL2 bond current value and its past values and can show if there is a momentum factor associated with investing in BALN 75 01 JUL 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 11041RAL2 Bond

11041RAL2 financial ratios help investors to determine whether 11041RAL2 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 11041RAL2 with respect to the benefits of owning 11041RAL2 security.