NSC 37 15 MAR 53 Market Value
| 655844CN6 | 80.82 8.67 12.02% |
| Symbol | 655844CN6 |
Please note, there is a significant difference between 655844CN6's value and its price as these two are different measures arrived at by different means. Investors typically determine if 655844CN6 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 655844CN6'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.
655844CN6 '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 655844CN6'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 655844CN6.
| 10/26/2024 |
| 01/24/2025 |
If you would invest 0.00 in 655844CN6 on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding NSC 37 15 MAR 53 or generate 0.0% return on investment in 655844CN6 over 90 days. 655844CN6 is related to or competes with Digi International, National CineMedia, Cheche Group, Weibo Corp, Space-Communication, and KVH Industries. More
655844CN6 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 655844CN6'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 NSC 37 15 MAR 53 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.85 | |||
| Information Ratio | 0.0584 | |||
| Maximum Drawdown | 24.66 | |||
| Value At Risk | (2.25) | |||
| Potential Upside | 12.02 |
655844CN6 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 655844CN6's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 655844CN6's standard deviation. In reality, there are many statistical measures that can use 655844CN6 historical prices to predict the future 655844CN6's volatility.| Risk Adjusted Performance | 0.0687 | |||
| Jensen Alpha | 0.2115 | |||
| Total Risk Alpha | 0.087 | |||
| Sortino Ratio | 0.0733 | |||
| Treynor Ratio | 0.2631 |
NSC 37 15 Backtested Returns
655844CN6 appears to be very steady, given 3 months investment horizon. NSC 37 15 retains Efficiency (Sharpe Ratio) of 0.0718, which signifies that the bond had a 0.0718 % return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for 655844CN6, which you can use to evaluate the volatility of the entity. Please makes use of 655844CN6's Mean Deviation of 1.77, standard deviation of 3.58, and Market Risk Adjusted Performance of 0.2731 to double-check if our risk estimates are consistent with your expectations. The bond owns a Beta (Systematic Risk) of 0.94, which signifies possible diversification benefits within a given portfolio. 655844CN6 returns are very sensitive to returns on the market. As the market goes up or down, 655844CN6 is expected to follow.
Auto-correlation | -0.51 |
Good reverse predictability
NSC 37 15 MAR 53 has good reverse predictability. Overlapping area represents the amount of predictability between 655844CN6 time series from 26th of October 2024 to 10th of December 2024 and 10th of December 2024 to 24th 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 NSC 37 15 price movement. The serial correlation of -0.51 indicates that about 51.0% of current 655844CN6 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 6.73 |
NSC 37 15 lagged returns against current returns
Autocorrelation, which is 655844CN6 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 655844CN6's bond expected returns. We can calculate the autocorrelation of 655844CN6 returns to help us make a trade decision. For example, suppose you find that 655844CN6 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 |
655844CN6 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 655844CN6 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 655844CN6 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 655844CN6 bond over time.
Current vs Lagged Prices |
| Timeline |
655844CN6 Lagged Returns
When evaluating 655844CN6's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 655844CN6 bond have on its future price. 655844CN6 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, 655844CN6 autocorrelation shows the relationship between 655844CN6 bond current value and its past values and can show if there is a momentum factor associated with investing in NSC 37 15 MAR 53.
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 655844CN6 Bond
655844CN6 financial ratios help investors to determine whether 655844CN6 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 655844CN6 with respect to the benefits of owning 655844CN6 security.