CNO 175 07 OCT 26 Market Value
| 18977W2A7 | 91.10 0.00 0.00% |
| Symbol | 18977W2A7 |
Please note, there is a significant difference between 18977W2A7's value and its price as these two are different measures arrived at by different means. Investors typically determine if 18977W2A7 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 18977W2A7'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.
18977W2A7 '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 18977W2A7'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 18977W2A7.
| 01/12/2023 |
| 01/01/2025 |
If you would invest 0.00 in 18977W2A7 on January 12, 2023 and sell it all today you would earn a total of 0.00 from holding CNO 175 07 OCT 26 or generate 0.0% return on investment in 18977W2A7 over 720 days. 18977W2A7 is related to or competes with Ryanair Holdings, Verra Mobility, Proficient Auto, Mesa Air, Sun Country, Wabash National, and Delek Logistics. More
18977W2A7 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 18977W2A7'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 CNO 175 07 OCT 26 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.64 | |||
| Information Ratio | (0.0006) | |||
| Maximum Drawdown | 11.67 | |||
| Value At Risk | (2.23) | |||
| Potential Upside | 2.36 |
18977W2A7 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 18977W2A7's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 18977W2A7's standard deviation. In reality, there are many statistical measures that can use 18977W2A7 historical prices to predict the future 18977W2A7's volatility.| Risk Adjusted Performance | 0.0099 | |||
| Jensen Alpha | (0.0002) | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (0.0006) | |||
| Treynor Ratio | 0.0288 |
CNO 175 07 Backtested Returns
CNO 175 07 secures Sharpe Ratio (or Efficiency) of -0.0809, which signifies that the bond had a -0.0809% return per unit of price deviation over the last 3 months. CNO 175 07 OCT 26 exposes twenty-five different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 18977W2A7's Mean Deviation of 0.6586, coefficient of variation of 16234.11, and Risk Adjusted Performance of 0.0099 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.0071, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 18977W2A7 are expected to decrease at a much lower rate. During the bear market, 18977W2A7 is likely to outperform the market.
Auto-correlation | 0.09 |
Virtually no predictability
CNO 175 07 OCT 26 has virtually no predictability. Overlapping area represents the amount of predictability between 18977W2A7 time series from 12th of January 2023 to 7th of January 2024 and 7th of January 2024 to 1st of January 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 CNO 175 07 price movement. The serial correlation of 0.09 indicates that less than 9.0% of current 18977W2A7 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.09 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 1.58 |
CNO 175 07 lagged returns against current returns
Autocorrelation, which is 18977W2A7 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 18977W2A7's bond expected returns. We can calculate the autocorrelation of 18977W2A7 returns to help us make a trade decision. For example, suppose you find that 18977W2A7 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 |
18977W2A7 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 18977W2A7 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 18977W2A7 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 18977W2A7 bond over time.
Current vs Lagged Prices |
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18977W2A7 Lagged Returns
When evaluating 18977W2A7's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 18977W2A7 bond have on its future price. 18977W2A7 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, 18977W2A7 autocorrelation shows the relationship between 18977W2A7 bond current value and its past values and can show if there is a momentum factor associated with investing in CNO 175 07 OCT 26.
Regressed Prices |
| Timeline |
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Other Information on Investing in 18977W2A7 Bond
18977W2A7 financial ratios help investors to determine whether 18977W2A7 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 18977W2A7 with respect to the benefits of owning 18977W2A7 security.