IBM 343 09 FEB 52 Market Value
| 459200KP5 | 72.37 3.27 4.73% |
| Symbol | 459200KP5 |
Please note, there is a significant difference between 459200KP5's value and its price as these two are different measures arrived at by different means. Investors typically determine if 459200KP5 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 459200KP5'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.
459200KP5 '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 459200KP5'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 459200KP5.
| 12/20/2024 |
| 03/20/2025 |
If you would invest 0.00 in 459200KP5 on December 20, 2024 and sell it all today you would earn a total of 0.00 from holding IBM 343 09 FEB 52 or generate 0.0% return on investment in 459200KP5 over 90 days. 459200KP5 is related to or competes with 00108WAF7, FIH Mobile, Defence Therapeutics, Agora, China Resources, and Citizen Watch. More
459200KP5 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 459200KP5'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 IBM 343 09 FEB 52 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.09 | |||
| Information Ratio | 0.0634 | |||
| Maximum Drawdown | 14.39 | |||
| Value At Risk | (2.29) | |||
| Potential Upside | 2.14 |
459200KP5 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 459200KP5's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 459200KP5's standard deviation. In reality, there are many statistical measures that can use 459200KP5 historical prices to predict the future 459200KP5's volatility.| Risk Adjusted Performance | 0.0334 | |||
| Jensen Alpha | 0.0493 | |||
| Total Risk Alpha | 0.3589 | |||
| Sortino Ratio | 0.0796 | |||
| Treynor Ratio | (0.33) |
IBM 343 09 Backtested Returns
IBM 343 09 secures Sharpe Ratio (or Efficiency) 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. IBM 343 09 FEB 52 exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 459200KP5's Standard Deviation of 2.63, semi deviation of 1.92, and Mean Deviation of 1.24 to double-check the risk estimate we provide. The entity shows a Beta (market volatility) of -0.21, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 459200KP5 are expected to decrease at a much lower rate. During the bear market, 459200KP5 is likely to outperform the market.
Auto-correlation | 0.09 |
Virtually no predictability
IBM 343 09 FEB 52 has virtually no predictability. Overlapping area represents the amount of predictability between 459200KP5 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 IBM 343 09 price movement. The serial correlation of 0.09 indicates that less than 9.0% of current 459200KP5 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.09 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.52 |
IBM 343 09 lagged returns against current returns
Autocorrelation, which is 459200KP5 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 459200KP5's bond expected returns. We can calculate the autocorrelation of 459200KP5 returns to help us make a trade decision. For example, suppose you find that 459200KP5 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 |
459200KP5 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 459200KP5 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 459200KP5 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 459200KP5 bond over time.
Current vs Lagged Prices |
| Timeline |
459200KP5 Lagged Returns
When evaluating 459200KP5's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 459200KP5 bond have on its future price. 459200KP5 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, 459200KP5 autocorrelation shows the relationship between 459200KP5 bond current value and its past values and can show if there is a momentum factor associated with investing in IBM 343 09 FEB 52.
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 459200KP5 Bond
459200KP5 financial ratios help investors to determine whether 459200KP5 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 459200KP5 with respect to the benefits of owning 459200KP5 security.