HIMARK 145 10 MAY 26 Market Value
| 431116AD4 | 91.49 0.00 0.00% |
| Symbol | HIMARK |
Please note, there is a significant difference between HIMARK's value and its price as these two are different measures arrived at by different means. Investors typically determine if HIMARK is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HIMARK'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.
HIMARK '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 HIMARK'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 HIMARK.
| 12/10/2024 |
| 01/09/2025 |
If you would invest 0.00 in HIMARK on December 10, 2024 and sell it all today you would earn a total of 0.00 from holding HIMARK 145 10 MAY 26 or generate 0.0% return on investment in HIMARK over 30 days. HIMARK is related to or competes with Tandy Leather, Cintas, Sensient Technologies, Levi Strauss, Codexis, and Columbia Sportswear. More
HIMARK 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 HIMARK'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 HIMARK 145 10 MAY 26 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9244 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 1.61 | |||
| Value At Risk | (0.34) | |||
| Potential Upside | 0.3391 |
HIMARK Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for HIMARK's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HIMARK's standard deviation. In reality, there are many statistical measures that can use HIMARK historical prices to predict the future HIMARK's volatility.| Risk Adjusted Performance | 0.0027 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.31) |
HIMARK 145 10 Backtested Returns
HIMARK 145 10 holds Efficiency (Sharpe) Ratio of -0.19, which attests that the entity had a -0.19% return per unit of risk over the last 3 months. HIMARK 145 10 exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out HIMARK's Risk Adjusted Performance of 0.0027, semi deviation of 0.8953, and Market Risk Adjusted Performance of (0.30) to validate the risk estimate we provide. The bond retains a Market Volatility (i.e., Beta) of 0.0154, which attests to not very significant fluctuations relative to the market. As returns on the market increase, HIMARK's returns are expected to increase less than the market. However, during the bear market, the loss of holding HIMARK is expected to be smaller as well.
Auto-correlation | -0.94 |
Near perfect reversele predictability
HIMARK 145 10 MAY 26 has near perfect reversele predictability. Overlapping area represents the amount of predictability between HIMARK time series from 10th of December 2024 to 25th of December 2024 and 25th of December 2024 to 9th 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 HIMARK 145 10 price movement. The serial correlation of -0.94 indicates that approximately 94.0% of current HIMARK price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.94 | |
| Spearman Rank Test | -0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 2.92 |
HIMARK 145 10 lagged returns against current returns
Autocorrelation, which is HIMARK 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 HIMARK's bond expected returns. We can calculate the autocorrelation of HIMARK returns to help us make a trade decision. For example, suppose you find that HIMARK 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 |
HIMARK 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 HIMARK bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if HIMARK bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in HIMARK bond over time.
Current vs Lagged Prices |
| Timeline |
HIMARK Lagged Returns
When evaluating HIMARK's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HIMARK bond have on its future price. HIMARK 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, HIMARK autocorrelation shows the relationship between HIMARK bond current value and its past values and can show if there is a momentum factor associated with investing in HIMARK 145 10 MAY 26.
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.| BTC | Bitcoin | |
| TRX | TRON | |
| BNB | Binance Coin |
Other Information on Investing in HIMARK Bond
HIMARK financial ratios help investors to determine whether HIMARK 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 HIMARK with respect to the benefits of owning HIMARK security.