iHeartCommunications 8375 percent Market Value
| 45174HBD8 | 68.13 15.92 18.94% |
| Symbol | 45174HBD8 |
45174HBD8 '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 45174HBD8'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 45174HBD8.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in 45174HBD8 on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding iHeartCommunications 8375 percent or generate 0.0% return on investment in 45174HBD8 over 30 days. 45174HBD8 is related to or competes with United Airlines, Magnite, China Southern, 51Talk Online, Sun Country, and WPP PLC. More
45174HBD8 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 45174HBD8'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 iHeartCommunications 8375 percent upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.52 | |||
| Information Ratio | 0.0806 | |||
| Maximum Drawdown | 46.79 | |||
| Value At Risk | (11.88) | |||
| Potential Upside | 17.03 |
45174HBD8 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 45174HBD8's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 45174HBD8's standard deviation. In reality, there are many statistical measures that can use 45174HBD8 historical prices to predict the future 45174HBD8's volatility.| Risk Adjusted Performance | 0.0697 | |||
| Jensen Alpha | 0.6417 | |||
| Total Risk Alpha | 0.5908 | |||
| Sortino Ratio | 0.085 | |||
| Treynor Ratio | 1.25 |
iHeartCommunications Backtested Returns
45174HBD8 appears to be not too volatile, given 3 months investment horizon. iHeartCommunications secures Sharpe Ratio (or Efficiency) of 0.0824, which signifies that the bond had a 0.0824 % return per unit of volatility over the last 3 months. By analyzing 45174HBD8's technical indicators, you can evaluate if the expected return of 0.68% is justified by implied risk. Please makes use of 45174HBD8's semi deviation of 7.23, and Risk Adjusted Performance of 0.0697 to double-check if our risk estimates are consistent with your expectations. The bond shows a Beta (market volatility) of 0.52, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, 45174HBD8's returns are expected to increase less than the market. However, during the bear market, the loss of holding 45174HBD8 is expected to be smaller as well.
Auto-correlation | -0.12 |
Insignificant reverse predictability
iHeartCommunications 8375 percent has insignificant reverse predictability. Overlapping area represents the amount of predictability between 45174HBD8 time series from 27th of January 2025 to 11th of February 2025 and 11th of February 2025 to 26th of February 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 iHeartCommunications price movement. The serial correlation of -0.12 indicates that less than 12.0% of current 45174HBD8 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 32.85 |
iHeartCommunications lagged returns against current returns
Autocorrelation, which is 45174HBD8 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 45174HBD8's bond expected returns. We can calculate the autocorrelation of 45174HBD8 returns to help us make a trade decision. For example, suppose you find that 45174HBD8 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 |
45174HBD8 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 45174HBD8 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 45174HBD8 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 45174HBD8 bond over time.
Current vs Lagged Prices |
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45174HBD8 Lagged Returns
When evaluating 45174HBD8's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 45174HBD8 bond have on its future price. 45174HBD8 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, 45174HBD8 autocorrelation shows the relationship between 45174HBD8 bond current value and its past values and can show if there is a momentum factor associated with investing in iHeartCommunications 8375 percent.
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 45174HBD8 Bond
45174HBD8 financial ratios help investors to determine whether 45174HBD8 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 45174HBD8 with respect to the benefits of owning 45174HBD8 security.