NRG 1025 Market Value
| 629377CU4 | 105.79 4.72 4.27% |
| Symbol | 629377CU4 |
Please note, there is a significant difference between 629377CU4's value and its price as these two are different measures arrived at by different means. Investors typically determine if 629377CU4 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 629377CU4'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.
629377CU4 '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 629377CU4'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 629377CU4.
| 11/22/2024 |
| 12/22/2024 |
If you would invest 0.00 in 629377CU4 on November 22, 2024 and sell it all today you would earn a total of 0.00 from holding NRG 1025 or generate 0.0% return on investment in 629377CU4 over 30 days. 629377CU4 is related to or competes with Tenaris SA, Precision Drilling, Aldel Financial, FlyExclusive,, and Enersys. More
629377CU4 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 629377CU4'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 NRG 1025 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 9.54 | |||
| Value At Risk | (0.71) | |||
| Potential Upside | 0.5246 |
629377CU4 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 629377CU4's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 629377CU4's standard deviation. In reality, there are many statistical measures that can use 629377CU4 historical prices to predict the future 629377CU4's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (0.17) |
629377CU4 Backtested Returns
629377CU4 secures Sharpe Ratio (or Efficiency) of -0.22, which signifies that the bond had a -0.22% return per unit of price deviation over the last 3 months. NRG 1025 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 629377CU4's information ratio of (0.04), and Mean Deviation of 0.6389 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of 0.38, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, 629377CU4's returns are expected to increase less than the market. However, during the bear market, the loss of holding 629377CU4 is expected to be smaller as well.
Auto-correlation | -0.63 |
Very good reverse predictability
NRG 1025 has very good reverse predictability. Overlapping area represents the amount of predictability between 629377CU4 time series from 22nd of November 2024 to 7th of December 2024 and 7th of December 2024 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 629377CU4 price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current 629377CU4 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 14.02 |
629377CU4 lagged returns against current returns
Autocorrelation, which is 629377CU4 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 629377CU4's bond expected returns. We can calculate the autocorrelation of 629377CU4 returns to help us make a trade decision. For example, suppose you find that 629377CU4 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 |
629377CU4 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 629377CU4 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 629377CU4 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 629377CU4 bond over time.
Current vs Lagged Prices |
| Timeline |
629377CU4 Lagged Returns
When evaluating 629377CU4's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 629377CU4 bond have on its future price. 629377CU4 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, 629377CU4 autocorrelation shows the relationship between 629377CU4 bond current value and its past values and can show if there is a momentum factor associated with investing in NRG 1025.
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 629377CU4 Bond
629377CU4 financial ratios help investors to determine whether 629377CU4 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 629377CU4 with respect to the benefits of owning 629377CU4 security.