NSC 455 01 JUN 53 Market Value
| 655844CP1 | 92.40 8.21 9.75% |
| Symbol | 655844CP1 |
Please note, there is a significant difference between 655844CP1's value and its price as these two are different measures arrived at by different means. Investors typically determine if 655844CP1 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 655844CP1'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.
655844CP1 '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 655844CP1'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 655844CP1.
| 01/02/2023 |
| 12/22/2024 |
If you would invest 0.00 in 655844CP1 on January 2, 2023 and sell it all today you would earn a total of 0.00 from holding NSC 455 01 JUN 53 or generate 0.0% return on investment in 655844CP1 over 720 days. 655844CP1 is related to or competes with Precision Drilling, WEBTOON Entertainment, Mills Music, Tencent Music, Daily Journal, and Coursera. More
655844CP1 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 655844CP1'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 455 01 JUN 53 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.31 | |||
| Information Ratio | 0.0184 | |||
| Maximum Drawdown | 25.73 | |||
| Value At Risk | (5.51) | |||
| Potential Upside | 7.78 |
655844CP1 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 655844CP1's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 655844CP1's standard deviation. In reality, there are many statistical measures that can use 655844CP1 historical prices to predict the future 655844CP1's volatility.| Risk Adjusted Performance | 0.0289 | |||
| Jensen Alpha | 0.0916 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0225 | |||
| Treynor Ratio | 0.4163 |
NSC 455 01 Backtested Returns
At this point, 655844CP1 is very steady. NSC 455 01 retains Efficiency (Sharpe Ratio) of 0.0523, which signifies that the bond had a 0.0523% return per unit of price deviation over the last 3 months. We have found twenty-seven technical indicators for 655844CP1, which you can use to evaluate the volatility of the entity. Please confirm 655844CP1's Market Risk Adjusted Performance of 0.4263, standard deviation of 4.05, and Mean Deviation of 1.95 to double-check if the risk estimate we provide is consistent with the expected return of 0.082%. The bond owns a Beta (Systematic Risk) of 0.23, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 655844CP1's returns are expected to increase less than the market. However, during the bear market, the loss of holding 655844CP1 is expected to be smaller as well.
Auto-correlation | -0.25 |
Weak reverse predictability
NSC 455 01 JUN 53 has weak reverse predictability. Overlapping area represents the amount of predictability between 655844CP1 time series from 2nd of January 2023 to 28th of December 2023 and 28th of December 2023 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 NSC 455 01 price movement. The serial correlation of -0.25 indicates that over 25.0% of current 655844CP1 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 6.52 |
NSC 455 01 lagged returns against current returns
Autocorrelation, which is 655844CP1 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 655844CP1's bond expected returns. We can calculate the autocorrelation of 655844CP1 returns to help us make a trade decision. For example, suppose you find that 655844CP1 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 |
655844CP1 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 655844CP1 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 655844CP1 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 655844CP1 bond over time.
Current vs Lagged Prices |
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655844CP1 Lagged Returns
When evaluating 655844CP1's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 655844CP1 bond have on its future price. 655844CP1 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, 655844CP1 autocorrelation shows the relationship between 655844CP1 bond current value and its past values and can show if there is a momentum factor associated with investing in NSC 455 01 JUN 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 655844CP1 Bond
655844CP1 financial ratios help investors to determine whether 655844CP1 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 655844CP1 with respect to the benefits of owning 655844CP1 security.