EBAY 63 22 NOV 32 Market Value
| 278642BB8 | 103.99 4.37 4.03% |
| Symbol | 278642BB8 |
Please note, there is a significant difference between 278642BB8's value and its price as these two are different measures arrived at by different means. Investors typically determine if 278642BB8 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 278642BB8'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.
278642BB8 '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 278642BB8'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 278642BB8.
| 12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in 278642BB8 on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding EBAY 63 22 NOV 32 or generate 0.0% return on investment in 278642BB8 over 720 days. 278642BB8 is related to or competes with Cedar Realty, GMS, PepsiCo, Kite Realty, SunOpta, Westrock Coffee, and Cardinal Health. More
278642BB8 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 278642BB8'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 EBAY 63 22 NOV 32 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 6.33 | |||
| Value At Risk | (1.38) | |||
| Potential Upside | 1.73 |
278642BB8 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 278642BB8's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 278642BB8's standard deviation. In reality, there are many statistical measures that can use 278642BB8 historical prices to predict the future 278642BB8's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | 0.7752 |
EBAY 63 22 Backtested Returns
EBAY 63 22 retains Efficiency (Sharpe Ratio) of -0.0589, which signifies that the bond had a -0.0589% return per unit of price deviation over the last 3 months. 278642BB8 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 278642BB8's Market Risk Adjusted Performance of 0.7852, standard deviation of 0.9065, and Information Ratio of (0.20) to double-check the risk estimate we provide. The entity owns a Beta (Systematic Risk) of -0.0818, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 278642BB8 are expected to decrease at a much lower rate. During the bear market, 278642BB8 is likely to outperform the market.
Auto-correlation | -0.52 |
Good reverse predictability
EBAY 63 22 NOV 32 has good reverse predictability. Overlapping area represents the amount of predictability between 278642BB8 time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 to 3rd 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 EBAY 63 22 price movement. The serial correlation of -0.52 indicates that about 52.0% of current 278642BB8 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.52 | |
| Spearman Rank Test | -0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 3.79 |
EBAY 63 22 lagged returns against current returns
Autocorrelation, which is 278642BB8 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 278642BB8's bond expected returns. We can calculate the autocorrelation of 278642BB8 returns to help us make a trade decision. For example, suppose you find that 278642BB8 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 |
278642BB8 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 278642BB8 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 278642BB8 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 278642BB8 bond over time.
Current vs Lagged Prices |
| Timeline |
278642BB8 Lagged Returns
When evaluating 278642BB8's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 278642BB8 bond have on its future price. 278642BB8 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, 278642BB8 autocorrelation shows the relationship between 278642BB8 bond current value and its past values and can show if there is a momentum factor associated with investing in EBAY 63 22 NOV 32.
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 278642BB8 Bond
278642BB8 financial ratios help investors to determine whether 278642BB8 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 278642BB8 with respect to the benefits of owning 278642BB8 security.