US67052NAB10 Market Value
| 67052NAB1 | 88.12 5.01 5.38% |
| Symbol | 67052NAB1 |
Please note, there is a significant difference between 67052NAB1's value and its price as these two are different measures arrived at by different means. Investors typically determine if 67052NAB1 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 67052NAB1'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.
67052NAB1 '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 67052NAB1'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 67052NAB1.
| 12/20/2024 |
| 03/20/2025 |
If you would invest 0.00 in 67052NAB1 on December 20, 2024 and sell it all today you would earn a total of 0.00 from holding US67052NAB10 or generate 0.0% return on investment in 67052NAB1 over 90 days. 67052NAB1 is related to or competes with Procter Gamble, Toro, Unilever PLC, Acme United, Eastman Kodak, JD Sports, and GMéxico Transportes. More
67052NAB1 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 67052NAB1'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 US67052NAB10 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0182 | |||
| Maximum Drawdown | 3.02 | |||
| Value At Risk | (0.75) | |||
| Potential Upside | 0.4546 |
67052NAB1 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 67052NAB1's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 67052NAB1's standard deviation. In reality, there are many statistical measures that can use 67052NAB1 historical prices to predict the future 67052NAB1's volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | 1.68 |
US67052NAB10 Backtested Returns
At this point, 67052NAB1 is very steady. US67052NAB10 retains Efficiency (Sharpe Ratio) of close to zero, which signifies that the bond had a close to zero % return per unit of price deviation over the last 3 months. We have found twenty-two technical indicators for 67052NAB1, which you can use to evaluate the volatility of the entity. Please confirm 67052NAB1's Coefficient Of Variation of (624.63), variance of 0.2375, and Risk Adjusted Performance of (0.15) to double-check if the risk estimate we provide is consistent with the expected return of 0.0081%. The bond owns a Beta (Systematic Risk) of -0.0525, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 67052NAB1 are expected to decrease at a much lower rate. During the bear market, 67052NAB1 is likely to outperform the market.
Auto-correlation | 0.10 |
Insignificant predictability
US67052NAB10 has insignificant predictability. Overlapping area represents the amount of predictability between 67052NAB1 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 US67052NAB10 price movement. The serial correlation of 0.1 indicates that less than 10.0% of current 67052NAB1 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.1 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
US67052NAB10 lagged returns against current returns
Autocorrelation, which is 67052NAB1 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 67052NAB1's bond expected returns. We can calculate the autocorrelation of 67052NAB1 returns to help us make a trade decision. For example, suppose you find that 67052NAB1 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 |
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67052NAB1 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 67052NAB1 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 67052NAB1 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 67052NAB1 bond over time.
Current vs Lagged Prices |
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67052NAB1 Lagged Returns
When evaluating 67052NAB1's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 67052NAB1 bond have on its future price. 67052NAB1 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, 67052NAB1 autocorrelation shows the relationship between 67052NAB1 bond current value and its past values and can show if there is a momentum factor associated with investing in US67052NAB10.
Regressed Prices |
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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 67052NAB1 Bond
67052NAB1 financial ratios help investors to determine whether 67052NAB1 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 67052NAB1 with respect to the benefits of owning 67052NAB1 security.