OCBCSP 1832 10 SEP 30 Market Value
| 69033DAD9 | 97.62 0.00 0.00% |
| Symbol | OCBCSP |
Please note, there is a significant difference between OCBCSP's value and its price as these two are different measures arrived at by different means. Investors typically determine if OCBCSP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OCBCSP'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.
OCBCSP '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 OCBCSP'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 OCBCSP.
| 07/11/2023 |
| 01/01/2025 |
If you would invest 0.00 in OCBCSP on July 11, 2023 and sell it all today you would earn a total of 0.00 from holding OCBCSP 1832 10 SEP 30 or generate 0.0% return on investment in OCBCSP over 540 days. OCBCSP is related to or competes with 00108WAF7, 90331HPL1, BlackRock, Vanguard 500, Vanguard 500, Intel, and International Business. More
OCBCSP 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 OCBCSP'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 OCBCSP 1832 10 SEP 30 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.29 | |||
| Information Ratio | 0.0861 | |||
| Maximum Drawdown | 7.18 | |||
| Value At Risk | (0.25) | |||
| Potential Upside | 0.6306 |
OCBCSP Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for OCBCSP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as OCBCSP's standard deviation. In reality, there are many statistical measures that can use OCBCSP historical prices to predict the future OCBCSP's volatility.| Risk Adjusted Performance | 0.0801 | |||
| Jensen Alpha | 0.0884 | |||
| Total Risk Alpha | 0.0874 | |||
| Sortino Ratio | 0.0679 | |||
| Treynor Ratio | 3.62 |
OCBCSP 1832 10 Backtested Returns
At this point, OCBCSP is very steady. OCBCSP 1832 10 retains Efficiency (Sharpe Ratio) of 0.03, which implies the bond had a 0.03% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for OCBCSP, which you can use to evaluate the volatility of the entity. Please check OCBCSP's market risk adjusted performance of 3.63, and Semi Deviation of 0.8181 to confirm if the risk estimate we provide is consistent with the expected return of 0.0581%. The entity owns a Beta (Systematic Risk) of 0.0244, which implies not very significant fluctuations relative to the market. As returns on the market increase, OCBCSP's returns are expected to increase less than the market. However, during the bear market, the loss of holding OCBCSP is expected to be smaller as well.
Auto-correlation | 0.69 |
Good predictability
OCBCSP 1832 10 SEP 30 has good predictability. Overlapping area represents the amount of predictability between OCBCSP time series from 11th of July 2023 to 6th of April 2024 and 6th of April 2024 to 1st 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 OCBCSP 1832 10 price movement. The serial correlation of 0.69 indicates that around 69.0% of current OCBCSP price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.69 | |
| Spearman Rank Test | 0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 1.55 |
OCBCSP 1832 10 lagged returns against current returns
Autocorrelation, which is OCBCSP 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 OCBCSP's bond expected returns. We can calculate the autocorrelation of OCBCSP returns to help us make a trade decision. For example, suppose you find that OCBCSP 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 |
OCBCSP 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 OCBCSP bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if OCBCSP bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in OCBCSP bond over time.
Current vs Lagged Prices |
| Timeline |
OCBCSP Lagged Returns
When evaluating OCBCSP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of OCBCSP bond have on its future price. OCBCSP 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, OCBCSP autocorrelation shows the relationship between OCBCSP bond current value and its past values and can show if there is a momentum factor associated with investing in OCBCSP 1832 10 SEP 30.
Regressed Prices |
| Timeline |
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Other Information on Investing in OCBCSP Bond
OCBCSP financial ratios help investors to determine whether OCBCSP 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 OCBCSP with respect to the benefits of owning OCBCSP security.