CIXCN 32 17 DEC 30 Market Value
| 125491AN0 | 81.80 4.89 5.64% |
| Symbol | CIXCN |
Please note, there is a significant difference between CIXCN's value and its price as these two are different measures arrived at by different means. Investors typically determine if CIXCN is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CIXCN'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.
CIXCN '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 CIXCN'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 CIXCN.
| 12/01/2024 |
| 03/01/2025 |
If you would invest 0.00 in CIXCN on December 1, 2024 and sell it all today you would earn a total of 0.00 from holding CIXCN 32 17 DEC 30 or generate 0.0% return on investment in CIXCN over 90 days. CIXCN is related to or competes with 00108WAF7, IShares Global, Exxon, Johnson Johnson, 3M, Cisco Systems, and JPMorgan Chase. More
CIXCN 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 CIXCN'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 CIXCN 32 17 DEC 30 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 2.95 | |||
| Value At Risk | (0.61) | |||
| Potential Upside | 0.7562 |
CIXCN Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CIXCN's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CIXCN's standard deviation. In reality, there are many statistical measures that can use CIXCN historical prices to predict the future CIXCN's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | 0.2039 |
CIXCN 32 17 Backtested Returns
CIXCN 32 17 secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the bond had a -0.12 % return per unit of volatility over the last 3 months. CIXCN 32 17 DEC 30 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CIXCN's mean deviation of 0.4211, and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.27, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning CIXCN are expected to decrease at a much lower rate. During the bear market, CIXCN is likely to outperform the market.
Auto-correlation | -0.29 |
Weak reverse predictability
CIXCN 32 17 DEC 30 has weak reverse predictability. Overlapping area represents the amount of predictability between CIXCN time series from 1st of December 2024 to 15th of January 2025 and 15th of January 2025 to 1st 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 CIXCN 32 17 price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current CIXCN price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | -0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.74 |
CIXCN 32 17 lagged returns against current returns
Autocorrelation, which is CIXCN 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 CIXCN's bond expected returns. We can calculate the autocorrelation of CIXCN returns to help us make a trade decision. For example, suppose you find that CIXCN 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 |
CIXCN 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 CIXCN bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CIXCN bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CIXCN bond over time.
Current vs Lagged Prices |
| Timeline |
CIXCN Lagged Returns
When evaluating CIXCN's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CIXCN bond have on its future price. CIXCN 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, CIXCN autocorrelation shows the relationship between CIXCN bond current value and its past values and can show if there is a momentum factor associated with investing in CIXCN 32 17 DEC 30.
Regressed Prices |
| Timeline |
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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 CIXCN Bond
CIXCN financial ratios help investors to determine whether CIXCN 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 CIXCN with respect to the benefits of owning CIXCN security.