HBAN 445 Market Value
| 446150AV6 | 79.95 16.05 16.72% |
| Symbol | 446150AV6 |
Please note, there is a significant difference between 446150AV6's value and its price as these two are different measures arrived at by different means. Investors typically determine if 446150AV6 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 446150AV6'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.
446150AV6 '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 446150AV6'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 446150AV6.
| 11/19/2024 |
| 12/19/2024 |
If you would invest 0.00 in 446150AV6 on November 19, 2024 and sell it all today you would earn a total of 0.00 from holding HBAN 445 or generate 0.0% return on investment in 446150AV6 over 30 days. 446150AV6 is related to or competes with SEI Investments, Sphere Entertainment, Equinix, Inflection Point, Freedom Internet, Reservoir Media, and Cedar Realty. More
446150AV6 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 446150AV6'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 HBAN 445 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 15.71 | |||
| Value At Risk | (3.90) | |||
| Potential Upside | 2.04 |
446150AV6 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 446150AV6's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 446150AV6's standard deviation. In reality, there are many statistical measures that can use 446150AV6 historical prices to predict the future 446150AV6's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.33) | |||
| Treynor Ratio | (0.30) |
446150AV6 Backtested Returns
446150AV6 retains Efficiency (Sharpe Ratio) of -0.12, which signifies that the bond had a -0.12% return per unit of price deviation over the last 3 months. 446150AV6 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 446150AV6's Market Risk Adjusted Performance of (0.29), coefficient of variation of (1,610), and Information Ratio of (0.07) to double-check the risk estimate we provide. The entity owns a Beta (Systematic Risk) of 0.78, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, 446150AV6's returns are expected to increase less than the market. However, during the bear market, the loss of holding 446150AV6 is expected to be smaller as well.
Auto-correlation | -0.81 |
Excellent reverse predictability
HBAN 445 has excellent reverse predictability. Overlapping area represents the amount of predictability between 446150AV6 time series from 19th of November 2024 to 4th of December 2024 and 4th of December 2024 to 19th 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 446150AV6 price movement. The serial correlation of -0.81 indicates that around 81.0% of current 446150AV6 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.81 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 22.88 |
446150AV6 lagged returns against current returns
Autocorrelation, which is 446150AV6 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 446150AV6's bond expected returns. We can calculate the autocorrelation of 446150AV6 returns to help us make a trade decision. For example, suppose you find that 446150AV6 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 |
446150AV6 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 446150AV6 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 446150AV6 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 446150AV6 bond over time.
Current vs Lagged Prices |
| Timeline |
446150AV6 Lagged Returns
When evaluating 446150AV6's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 446150AV6 bond have on its future price. 446150AV6 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, 446150AV6 autocorrelation shows the relationship between 446150AV6 bond current value and its past values and can show if there is a momentum factor associated with investing in HBAN 445.
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 446150AV6 Bond
446150AV6 financial ratios help investors to determine whether 446150AV6 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 446150AV6 with respect to the benefits of owning 446150AV6 security.