US631005BJ39 Market Value
| 631005BJ3 | 95.48 0.00 0.00% |
| Symbol | 631005BJ3 |
Please note, there is a significant difference between 631005BJ3's value and its price as these two are different measures arrived at by different means. Investors typically determine if 631005BJ3 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 631005BJ3'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.
631005BJ3 '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 631005BJ3'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 631005BJ3.
| 12/08/2024 |
| 01/07/2025 |
If you would invest 0.00 in 631005BJ3 on December 8, 2024 and sell it all today you would earn a total of 0.00 from holding US631005BJ39 or generate 0.0% return on investment in 631005BJ3 over 30 days. 631005BJ3 is related to or competes with Sysco, Kellanova, Bridgford Foods, Astral Foods, Ryanair Holdings, and NH Foods. More
631005BJ3 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 631005BJ3'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 US631005BJ39 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7026 | |||
| Information Ratio | 0.0755 | |||
| Maximum Drawdown | 5.18 | |||
| Value At Risk | (0.85) | |||
| Potential Upside | 1.02 |
631005BJ3 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 631005BJ3's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 631005BJ3's standard deviation. In reality, there are many statistical measures that can use 631005BJ3 historical prices to predict the future 631005BJ3's volatility.| Risk Adjusted Performance | 0.0803 | |||
| Jensen Alpha | 0.0919 | |||
| Total Risk Alpha | 0.0791 | |||
| Sortino Ratio | 0.119 | |||
| Treynor Ratio | 0.2898 |
US631005BJ39 Backtested Returns
US631005BJ39 retains Efficiency (Sharpe Ratio) of -0.13, which signifies that the bond had a -0.13% return per unit of price deviation over the last 3 months. 631005BJ3 exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 631005BJ3's Coefficient Of Variation of 1044.74, risk adjusted performance of 0.0803, and Semi Deviation of 0.5354 to double-check the risk estimate we provide. The bond owns a Beta (Systematic Risk) of 0.33, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, 631005BJ3's returns are expected to increase less than the market. However, during the bear market, the loss of holding 631005BJ3 is expected to be smaller as well.
Auto-correlation | -0.75 |
Almost perfect reverse predictability
US631005BJ39 has almost perfect reverse predictability. Overlapping area represents the amount of predictability between 631005BJ3 time series from 8th of December 2024 to 23rd of December 2024 and 23rd of December 2024 to 7th 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 US631005BJ39 price movement. The serial correlation of -0.75 indicates that around 75.0% of current 631005BJ3 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.75 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 2.66 |
US631005BJ39 lagged returns against current returns
Autocorrelation, which is 631005BJ3 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 631005BJ3's bond expected returns. We can calculate the autocorrelation of 631005BJ3 returns to help us make a trade decision. For example, suppose you find that 631005BJ3 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 |
631005BJ3 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 631005BJ3 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 631005BJ3 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 631005BJ3 bond over time.
Current vs Lagged Prices |
| Timeline |
631005BJ3 Lagged Returns
When evaluating 631005BJ3's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 631005BJ3 bond have on its future price. 631005BJ3 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, 631005BJ3 autocorrelation shows the relationship between 631005BJ3 bond current value and its past values and can show if there is a momentum factor associated with investing in US631005BJ39.
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.| BTC | Bitcoin | |
| TRX | TRON | |
| BNB | Binance Coin |
Other Information on Investing in 631005BJ3 Bond
631005BJ3 financial ratios help investors to determine whether 631005BJ3 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 631005BJ3 with respect to the benefits of owning 631005BJ3 security.