KMI 52 01 JUN 33 Market Value
| 49456BAX9 | 97.71 0.50 0.51% |
| Symbol | 49456BAX9 |
Please note, there is a significant difference between 49456BAX9's value and its price as these two are different measures arrived at by different means. Investors typically determine if 49456BAX9 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 49456BAX9'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.
49456BAX9 '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 49456BAX9'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 49456BAX9.
| 01/13/2023 |
| 01/02/2025 |
If you would invest 0.00 in 49456BAX9 on January 13, 2023 and sell it all today you would earn a total of 0.00 from holding KMI 52 01 JUN 33 or generate 0.0% return on investment in 49456BAX9 over 720 days. 49456BAX9 is related to or competes with BioNTech, Valneva SE, Merit Medical, Kaltura, Allient, and Analog Devices. More
49456BAX9 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 49456BAX9'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 KMI 52 01 JUN 33 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5091 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 2.52 | |||
| Value At Risk | (0.87) | |||
| Potential Upside | 0.9335 |
49456BAX9 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 49456BAX9's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 49456BAX9's standard deviation. In reality, there are many statistical measures that can use 49456BAX9 historical prices to predict the future 49456BAX9's volatility.| Risk Adjusted Performance | 2.0E-4 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.2913 |
KMI 52 01 Backtested Returns
At this point, 49456BAX9 is very steady. KMI 52 01 secures Sharpe Ratio (or Efficiency) of 0.0046, which signifies that the bond had a 0.0046% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for KMI 52 01 JUN 33, which you can use to evaluate the volatility of the entity. Please confirm 49456BAX9's standard deviation of 0.5966, and Mean Deviation of 0.4203 to double-check if the risk estimate we provide is consistent with the expected return of 0.0027%. The bond shows a Beta (market volatility) of -0.025, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 49456BAX9 are expected to decrease at a much lower rate. During the bear market, 49456BAX9 is likely to outperform the market.
Auto-correlation | -0.56 |
Good reverse predictability
KMI 52 01 JUN 33 has good reverse predictability. Overlapping area represents the amount of predictability between 49456BAX9 time series from 13th of January 2023 to 8th of January 2024 and 8th of January 2024 to 2nd 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 KMI 52 01 price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current 49456BAX9 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.56 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 3.06 |
KMI 52 01 lagged returns against current returns
Autocorrelation, which is 49456BAX9 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 49456BAX9's bond expected returns. We can calculate the autocorrelation of 49456BAX9 returns to help us make a trade decision. For example, suppose you find that 49456BAX9 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 |
49456BAX9 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 49456BAX9 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 49456BAX9 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 49456BAX9 bond over time.
Current vs Lagged Prices |
| Timeline |
49456BAX9 Lagged Returns
When evaluating 49456BAX9's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 49456BAX9 bond have on its future price. 49456BAX9 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, 49456BAX9 autocorrelation shows the relationship between 49456BAX9 bond current value and its past values and can show if there is a momentum factor associated with investing in KMI 52 01 JUN 33.
Regressed Prices |
| Timeline |
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Other Information on Investing in 49456BAX9 Bond
49456BAX9 financial ratios help investors to determine whether 49456BAX9 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 49456BAX9 with respect to the benefits of owning 49456BAX9 security.