Buckeye Partners 675 Market Value
| 118230AC5 | 87.68 14.64 14.31% |
| Symbol | Buckeye |
Buckeye '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 Buckeye'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 Buckeye.
| 11/14/2024 |
| 12/14/2024 |
If you would invest 0.00 in Buckeye on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding Buckeye Partners 675 or generate 0.0% return on investment in Buckeye over 30 days. Buckeye is related to or competes with Sapiens International, Asure Software, Paltalk, Q2 Holdings, Pinterest, Radcom, and Grupo Televisa. More
Buckeye 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 Buckeye'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 Buckeye Partners 675 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 12.51 | |||
| Value At Risk | (3.73) | |||
| Potential Upside | 3.92 |
Buckeye Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Buckeye's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Buckeye's standard deviation. In reality, there are many statistical measures that can use Buckeye historical prices to predict the future Buckeye's volatility.| Risk Adjusted Performance | 0.0012 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | (1.55) |
Buckeye Partners 675 Backtested Returns
Buckeye Partners 675 secures Sharpe Ratio (or Efficiency) of -0.22, which signifies that the bond had a -0.22% return per unit of standard deviation over the last 3 months. Buckeye Partners 675 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Buckeye's risk adjusted performance of 0.0012, and Mean Deviation of 1.93 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of 0.0214, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Buckeye's returns are expected to increase less than the market. However, during the bear market, the loss of holding Buckeye is expected to be smaller as well.
Auto-correlation | 0.13 |
Insignificant predictability
Buckeye Partners 675 has insignificant predictability. Overlapping area represents the amount of predictability between Buckeye time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th 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 Buckeye Partners 675 price movement. The serial correlation of 0.13 indicates that less than 13.0% of current Buckeye price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 33.26 |
Buckeye Partners 675 lagged returns against current returns
Autocorrelation, which is Buckeye 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 Buckeye's bond expected returns. We can calculate the autocorrelation of Buckeye returns to help us make a trade decision. For example, suppose you find that Buckeye 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 |
Buckeye 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 Buckeye bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Buckeye bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Buckeye bond over time.
Current vs Lagged Prices |
| Timeline |
Buckeye Lagged Returns
When evaluating Buckeye's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Buckeye bond have on its future price. Buckeye 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, Buckeye autocorrelation shows the relationship between Buckeye bond current value and its past values and can show if there is a momentum factor associated with investing in Buckeye Partners 675.
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 Buckeye Bond
Buckeye financial ratios help investors to determine whether Buckeye 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 Buckeye with respect to the benefits of owning Buckeye security.