NHI 3 01 FEB 31 Market Value
| 63633DAF1 | 81.91 4.90 5.64% |
| Symbol | 63633DAF1 |
Please note, there is a significant difference between 63633DAF1's value and its price as these two are different measures arrived at by different means. Investors typically determine if 63633DAF1 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 63633DAF1'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.
63633DAF1 '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 63633DAF1'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 63633DAF1.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in 63633DAF1 on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding NHI 3 01 FEB 31 or generate 0.0% return on investment in 63633DAF1 over 90 days. 63633DAF1 is related to or competes with Mesa Air, Texas Roadhouse, Ark Restaurants, Cheesecake Factory, China Southern, El Al, and Dennys Corp. More
63633DAF1 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 63633DAF1'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 NHI 3 01 FEB 31 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0299 | |||
| Maximum Drawdown | 3.46 | |||
| Value At Risk | (0.68) | |||
| Potential Upside | 0.7497 |
63633DAF1 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 63633DAF1's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 63633DAF1's standard deviation. In reality, there are many statistical measures that can use 63633DAF1 historical prices to predict the future 63633DAF1's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | 0.0295 | |||
| Treynor Ratio | (0.12) |
63633DAF1 Backtested Returns
63633DAF1 secures Sharpe Ratio (or Efficiency) of -0.0664, which signifies that the bond had a -0.0664 % return per unit of price deviation over the last 3 months. NHI 3 01 FEB 31 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 63633DAF1's mean deviation of 0.4652, and Information Ratio of 0.0299 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of 0.6, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, 63633DAF1's returns are expected to increase less than the market. However, during the bear market, the loss of holding 63633DAF1 is expected to be smaller as well.
Auto-correlation | -0.56 |
Good reverse predictability
NHI 3 01 FEB 31 has good reverse predictability. Overlapping area represents the amount of predictability between 63633DAF1 time series from 19th of December 2024 to 2nd of February 2025 and 2nd of February 2025 to 19th 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 63633DAF1 price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current 63633DAF1 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.56 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.4 |
63633DAF1 lagged returns against current returns
Autocorrelation, which is 63633DAF1 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 63633DAF1's bond expected returns. We can calculate the autocorrelation of 63633DAF1 returns to help us make a trade decision. For example, suppose you find that 63633DAF1 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 |
63633DAF1 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 63633DAF1 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 63633DAF1 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 63633DAF1 bond over time.
Current vs Lagged Prices |
| Timeline |
63633DAF1 Lagged Returns
When evaluating 63633DAF1's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 63633DAF1 bond have on its future price. 63633DAF1 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, 63633DAF1 autocorrelation shows the relationship between 63633DAF1 bond current value and its past values and can show if there is a momentum factor associated with investing in NHI 3 01 FEB 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 63633DAF1 Bond
63633DAF1 financial ratios help investors to determine whether 63633DAF1 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 63633DAF1 with respect to the benefits of owning 63633DAF1 security.