NAB 299 21 MAY 31 Market Value
| 632525AY7 | 80.64 0.00 0.00% |
| Symbol | 632525AY7 |
Please note, there is a significant difference between 632525AY7's value and its price as these two are different measures arrived at by different means. Investors typically determine if 632525AY7 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 632525AY7'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.
632525AY7 '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 632525AY7'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 632525AY7.
| 12/20/2024 |
| 03/20/2025 |
If you would invest 0.00 in 632525AY7 on December 20, 2024 and sell it all today you would earn a total of 0.00 from holding NAB 299 21 MAY 31 or generate 0.0% return on investment in 632525AY7 over 90 days. 632525AY7 is related to or competes with Integrated Media, Franklin Wireless, Global E, IPG Photonics, Interpublic Group, QuinStreet, and Boston Omaha. More
632525AY7 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 632525AY7'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 NAB 299 21 MAY 31 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 1.54 | |||
| Value At Risk | (0.68) | |||
| Potential Upside | 0.7758 |
632525AY7 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 632525AY7's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 632525AY7's standard deviation. In reality, there are many statistical measures that can use 632525AY7 historical prices to predict the future 632525AY7's volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (0.37) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | 0.3311 |
NAB 299 21 Backtested Returns
NAB 299 21 retains Efficiency (Sharpe Ratio) of -0.17, which signifies that the bond had a -0.17 % return per unit of price deviation over the last 3 months. 632525AY7 exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 632525AY7's Information Ratio of (0.13), market risk adjusted performance of 0.3411, and Mean Deviation of 0.7676 to double-check the risk estimate we provide. The entity owns a Beta (Systematic Risk) of -0.92, which signifies possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning 632525AY7 are expected to decrease slowly. On the other hand, during market turmoil, 632525AY7 is expected to outperform it slightly.
Auto-correlation | -0.45 |
Modest reverse predictability
NAB 299 21 MAY 31 has modest reverse predictability. Overlapping area represents the amount of predictability between 632525AY7 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 NAB 299 21 price movement. The serial correlation of -0.45 indicates that just about 45.0% of current 632525AY7 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.45 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 3.75 |
NAB 299 21 lagged returns against current returns
Autocorrelation, which is 632525AY7 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 632525AY7's bond expected returns. We can calculate the autocorrelation of 632525AY7 returns to help us make a trade decision. For example, suppose you find that 632525AY7 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 |
632525AY7 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 632525AY7 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 632525AY7 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 632525AY7 bond over time.
Current vs Lagged Prices |
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632525AY7 Lagged Returns
When evaluating 632525AY7's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 632525AY7 bond have on its future price. 632525AY7 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, 632525AY7 autocorrelation shows the relationship between 632525AY7 bond current value and its past values and can show if there is a momentum factor associated with investing in NAB 299 21 MAY 31.
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 632525AY7 Bond
632525AY7 financial ratios help investors to determine whether 632525AY7 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 632525AY7 with respect to the benefits of owning 632525AY7 security.