US20914UAF30 Market Value
| 20914UAF3 | 86.75 3.25 3.89% |
| Symbol | 20914UAF3 |
Please note, there is a significant difference between 20914UAF3's value and its price as these two are different measures arrived at by different means. Investors typically determine if 20914UAF3 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 20914UAF3'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.
20914UAF3 '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 20914UAF3'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 20914UAF3.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in 20914UAF3 on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding US20914UAF30 or generate 0.0% return on investment in 20914UAF3 over 90 days. 20914UAF3 is related to or competes with AG Mortgage, Triton International, Fidus Investment, Delaware Investments, Multi Ways, NorthWestern, and Apartment Investment. More
20914UAF3 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 20914UAF3'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 US20914UAF30 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.2 | |||
| Information Ratio | 0.0752 | |||
| Maximum Drawdown | 5.34 | |||
| Value At Risk | (1.91) | |||
| Potential Upside | 1.81 |
20914UAF3 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 20914UAF3's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 20914UAF3's standard deviation. In reality, there are many statistical measures that can use 20914UAF3 historical prices to predict the future 20914UAF3's volatility.| Risk Adjusted Performance | 0.0032 | |||
| Jensen Alpha | 7.0E-4 | |||
| Total Risk Alpha | 0.105 | |||
| Sortino Ratio | 0.0685 | |||
| Treynor Ratio | (0.08) |
US20914UAF30 Backtested Returns
At this point, 20914UAF3 is very steady. US20914UAF30 retains Efficiency (Sharpe Ratio) of 0.0403, which signifies that the bond had a 0.0403 % return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for 20914UAF3, which you can use to evaluate the volatility of the entity. Please confirm 20914UAF3's Coefficient Of Variation of 69824.22, risk adjusted performance of 0.0032, and Semi Deviation of 1.11 to double-check if the risk estimate we provide is consistent with the expected return of 0.0441%. The bond owns a Beta (Systematic Risk) of 0.1, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 20914UAF3's returns are expected to increase less than the market. However, during the bear market, the loss of holding 20914UAF3 is expected to be smaller as well.
Auto-correlation | -0.79 |
Almost perfect reverse predictability
US20914UAF30 has almost perfect reverse predictability. Overlapping area represents the amount of predictability between 20914UAF3 time series from 19th of December 2024 to 2nd of February 2025 and 2nd of February 2025 to 19th 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 US20914UAF30 price movement. The serial correlation of -0.79 indicates that around 79.0% of current 20914UAF3 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.79 | |
| Spearman Rank Test | -0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 4.71 |
US20914UAF30 lagged returns against current returns
Autocorrelation, which is 20914UAF3 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 20914UAF3's bond expected returns. We can calculate the autocorrelation of 20914UAF3 returns to help us make a trade decision. For example, suppose you find that 20914UAF3 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 |
20914UAF3 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 20914UAF3 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 20914UAF3 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 20914UAF3 bond over time.
Current vs Lagged Prices |
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20914UAF3 Lagged Returns
When evaluating 20914UAF3's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 20914UAF3 bond have on its future price. 20914UAF3 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, 20914UAF3 autocorrelation shows the relationship between 20914UAF3 bond current value and its past values and can show if there is a momentum factor associated with investing in US20914UAF30.
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 20914UAF3 Bond
20914UAF3 financial ratios help investors to determine whether 20914UAF3 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 20914UAF3 with respect to the benefits of owning 20914UAF3 security.