LYB INTERNATIONAL FINANCE Market Value

50249AAJ2   67.42  0.52  0.77%   
50249AAJ2's market value is the price at which a share of 50249AAJ2 trades on an exchange. It measures the collective expectations of LYB INTERNATIONAL FINANCE investors about the bond's future performance. With this module, you can estimate the performance of a buy and hold strategy of LYB INTERNATIONAL FINANCE and determine expected loss or profit from investing in 50249AAJ2 over a given investment horizon.
Check out 50249AAJ2 Correlation, 50249AAJ2 Volatility and 50249AAJ2 Alpha and Beta module to complement your research on 50249AAJ2.
Symbol

Please note, there is a significant difference between 50249AAJ2's value and its price as these two are different measures arrived at by different means. Investors typically determine if 50249AAJ2 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 50249AAJ2'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.

50249AAJ2 '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 50249AAJ2'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 50249AAJ2.
0.00
01/02/2023
No Change 0.00  0.0 
In 1 year 11 months and 22 days
12/22/2024
0.00
If you would invest  0.00  in 50249AAJ2 on January 2, 2023 and sell it all today you would earn a total of 0.00 from holding LYB INTERNATIONAL FINANCE or generate 0.0% return on investment in 50249AAJ2 over 720 days. 50249AAJ2 is related to or competes with Lion One, Biglari Holdings, Shake Shack, Yuexiu Transport, Uranium Energy, Cannae Holdings, and Blue Moon. More

50249AAJ2 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 50249AAJ2'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 LYB INTERNATIONAL FINANCE upside and downside potential and time the market with a certain degree of confidence.

50249AAJ2 Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for 50249AAJ2's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 50249AAJ2's standard deviation. In reality, there are many statistical measures that can use 50249AAJ2 historical prices to predict the future 50249AAJ2's volatility.
Hype
Prediction
LowEstimatedHigh
66.4267.4268.42
Details
Intrinsic
Valuation
LowRealHigh
56.0757.0774.16
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as 50249AAJ2. Your research has to be compared to or analyzed against 50249AAJ2's peers to derive any actionable benefits. When done correctly, 50249AAJ2's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in LYB INTERNATIONAL FINANCE.

LYB INTERNATIONAL FINANCE Backtested Returns

LYB INTERNATIONAL FINANCE retains Efficiency (Sharpe Ratio) of -0.16, which signifies that the bond had a -0.16% return per unit of price deviation over the last 3 months. 50249AAJ2 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 50249AAJ2's Information Ratio of (0.04), market risk adjusted performance of 0.2833, and Mean Deviation of 1.64 to double-check the risk estimate we provide. The bond owns a Beta (Systematic Risk) of -0.38, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning 50249AAJ2 are expected to decrease at a much lower rate. During the bear market, 50249AAJ2 is likely to outperform the market.

Auto-correlation

    
  -0.17  

Insignificant reverse predictability

LYB INTERNATIONAL FINANCE has insignificant reverse predictability. Overlapping area represents the amount of predictability between 50249AAJ2 time series from 2nd of January 2023 to 28th of December 2023 and 28th of December 2023 to 22nd 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 LYB INTERNATIONAL FINANCE price movement. The serial correlation of -0.17 indicates that over 17.0% of current 50249AAJ2 price fluctuation can be explain by its past prices.
Correlation Coefficient-0.17
Spearman Rank Test-0.16
Residual Average0.0
Price Variance3.3

LYB INTERNATIONAL FINANCE lagged returns against current returns

Autocorrelation, which is 50249AAJ2 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 50249AAJ2's bond expected returns. We can calculate the autocorrelation of 50249AAJ2 returns to help us make a trade decision. For example, suppose you find that 50249AAJ2 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   
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50249AAJ2 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 50249AAJ2 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 50249AAJ2 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 50249AAJ2 bond over time.
   Current vs Lagged Prices   
       Timeline  

50249AAJ2 Lagged Returns

When evaluating 50249AAJ2's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 50249AAJ2 bond have on its future price. 50249AAJ2 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, 50249AAJ2 autocorrelation shows the relationship between 50249AAJ2 bond current value and its past values and can show if there is a momentum factor associated with investing in LYB INTERNATIONAL FINANCE.
   Regressed Prices   
       Timeline  

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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 50249AAJ2 Bond

50249AAJ2 financial ratios help investors to determine whether 50249AAJ2 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 50249AAJ2 with respect to the benefits of owning 50249AAJ2 security.