US43284MAA62 Market Value
| 43284MAA6 | 94.20 0.70 0.75% |
| Symbol | 43284MAA6 |
43284MAA6 '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 43284MAA6'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 43284MAA6.
| 12/20/2024 |
| 03/20/2025 |
If you would invest 0.00 in 43284MAA6 on December 20, 2024 and sell it all today you would earn a total of 0.00 from holding US43284MAA62 or generate 0.0% return on investment in 43284MAA6 over 90 days. 43284MAA6 is related to or competes with Canada Goose, Grounded People, Capri Holdings, Jerash Holdings, RadNet, and Ultra Clean. More
43284MAA6 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 43284MAA6'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 US43284MAA62 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5695 | |||
| Information Ratio | 0.124 | |||
| Maximum Drawdown | 3.32 | |||
| Value At Risk | (0.46) | |||
| Potential Upside | 0.5753 |
43284MAA6 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 43284MAA6's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 43284MAA6's standard deviation. In reality, there are many statistical measures that can use 43284MAA6 historical prices to predict the future 43284MAA6's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | 0.0389 | |||
| Sortino Ratio | 0.1188 | |||
| Treynor Ratio | (0.10) |
US43284MAA62 Backtested Returns
At this point, 43284MAA6 is very steady. US43284MAA62 retains Efficiency (Sharpe Ratio) of close to zero, which signifies that the bond had a close to zero % return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for 43284MAA6, which you can use to evaluate the volatility of the entity. Please confirm 43284MAA6's Semi Deviation of 0.5153, coefficient of variation of 19571.74, and insignificant Risk Adjusted Performance to double-check if the risk estimate we provide is consistent with the expected return of 0.0028%. The bond owns a Beta (Systematic Risk) of 0.0705, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 43284MAA6's returns are expected to increase less than the market. However, during the bear market, the loss of holding 43284MAA6 is expected to be smaller as well.
Auto-correlation | 0.08 |
Virtually no predictability
US43284MAA62 has virtually no predictability. Overlapping area represents the amount of predictability between 43284MAA6 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 US43284MAA62 price movement. The serial correlation of 0.08 indicates that barely 8.0% of current 43284MAA6 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
US43284MAA62 lagged returns against current returns
Autocorrelation, which is 43284MAA6 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 43284MAA6's bond expected returns. We can calculate the autocorrelation of 43284MAA6 returns to help us make a trade decision. For example, suppose you find that 43284MAA6 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 |
43284MAA6 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 43284MAA6 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 43284MAA6 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 43284MAA6 bond over time.
Current vs Lagged Prices |
| Timeline |
43284MAA6 Lagged Returns
When evaluating 43284MAA6's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 43284MAA6 bond have on its future price. 43284MAA6 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, 43284MAA6 autocorrelation shows the relationship between 43284MAA6 bond current value and its past values and can show if there is a momentum factor associated with investing in US43284MAA62.
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 43284MAA6 Bond
43284MAA6 financial ratios help investors to determine whether 43284MAA6 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 43284MAA6 with respect to the benefits of owning 43284MAA6 security.