FITB 788286 Market Value
| 316773CR9 | 100.27 0.53 0.53% |
| Symbol | 316773CR9 |
Please note, there is a significant difference between 316773CR9's value and its price as these two are different measures arrived at by different means. Investors typically determine if 316773CR9 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 316773CR9'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.
316773CR9 '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 316773CR9'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 316773CR9.
| 12/20/2024 |
| 03/20/2025 |
If you would invest 0.00 in 316773CR9 on December 20, 2024 and sell it all today you would earn a total of 0.00 from holding FITB 788286 or generate 0.0% return on investment in 316773CR9 over 90 days. 316773CR9 is related to or competes with 00108WAF7, FIH Mobile, Defence Therapeutics, Agora, China Resources, and Citizen Watch. More
316773CR9 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 316773CR9'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 FITB 788286 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.81 | |||
| Information Ratio | 0.0595 | |||
| Maximum Drawdown | 12.32 | |||
| Value At Risk | (0.93) | |||
| Potential Upside | 0.89 |
316773CR9 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 316773CR9's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 316773CR9's standard deviation. In reality, there are many statistical measures that can use 316773CR9 historical prices to predict the future 316773CR9's volatility.| Risk Adjusted Performance | 0.0122 | |||
| Jensen Alpha | 0.0333 | |||
| Total Risk Alpha | 0.1912 | |||
| Sortino Ratio | 0.056 | |||
| Treynor Ratio | 0.0139 |
FITB 788286 Backtested Returns
At this point, 316773CR9 is very steady. FITB 788286 secures Sharpe Ratio (or Efficiency) of 0.0205, which signifies that the bond had a 0.0205 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for FITB 788286, which you can use to evaluate the volatility of the entity. Please confirm 316773CR9's Coefficient Of Variation of 11991.17, mean deviation of 0.7056, and Downside Deviation of 1.81 to double-check if the risk estimate we provide is consistent with the expected return of 0.0117%. The bond shows a Beta (market volatility) of 0.3, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, 316773CR9's returns are expected to increase less than the market. However, during the bear market, the loss of holding 316773CR9 is expected to be smaller as well.
Auto-correlation | 0.24 |
Weak predictability
FITB 788286 has weak predictability. Overlapping area represents the amount of predictability between 316773CR9 time series from 20th of December 2024 to 3rd of February 2025 and 3rd of February 2025 to 20th 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 FITB 788286 price movement. The serial correlation of 0.24 indicates that over 24.0% of current 316773CR9 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.24 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.27 |
FITB 788286 lagged returns against current returns
Autocorrelation, which is 316773CR9 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 316773CR9's bond expected returns. We can calculate the autocorrelation of 316773CR9 returns to help us make a trade decision. For example, suppose you find that 316773CR9 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 |
316773CR9 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 316773CR9 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 316773CR9 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 316773CR9 bond over time.
Current vs Lagged Prices |
| Timeline |
316773CR9 Lagged Returns
When evaluating 316773CR9's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 316773CR9 bond have on its future price. 316773CR9 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, 316773CR9 autocorrelation shows the relationship between 316773CR9 bond current value and its past values and can show if there is a momentum factor associated with investing in FITB 788286.
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 316773CR9 Bond
316773CR9 financial ratios help investors to determine whether 316773CR9 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 316773CR9 with respect to the benefits of owning 316773CR9 security.