PEP 275 21 OCT 51 Market Value
| 713448FG8 | 70.72 8.39 13.46% |
| Symbol | 713448FG8 |
Please note, there is a significant difference between 713448FG8's value and its price as these two are different measures arrived at by different means. Investors typically determine if 713448FG8 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 713448FG8'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.
713448FG8 '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 713448FG8'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 713448FG8.
| 01/03/2023 |
| 12/23/2024 |
If you would invest 0.00 in 713448FG8 on January 3, 2023 and sell it all today you would earn a total of 0.00 from holding PEP 275 21 OCT 51 or generate 0.0% return on investment in 713448FG8 over 720 days. 713448FG8 is related to or competes with IPG Photonics, Valens, Harmony Gold, Plexus Corp, and Allient. More
713448FG8 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 713448FG8'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 PEP 275 21 OCT 51 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.4 | |||
| Information Ratio | 0.0182 | |||
| Maximum Drawdown | 19.98 | |||
| Value At Risk | (3.22) | |||
| Potential Upside | 7.37 |
713448FG8 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 713448FG8's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 713448FG8's standard deviation. In reality, there are many statistical measures that can use 713448FG8 historical prices to predict the future 713448FG8's volatility.| Risk Adjusted Performance | 0.0305 | |||
| Jensen Alpha | 0.0832 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0217 | |||
| Treynor Ratio | (0.18) |
PEP 275 21 Backtested Returns
At this point, 713448FG8 is very steady. PEP 275 21 secures Sharpe Ratio (or Efficiency) of 0.0278, which signifies that the bond had a 0.0278% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for PEP 275 21 OCT 51, which you can use to evaluate the volatility of the entity. Please confirm 713448FG8's Mean Deviation of 1.6, coefficient of variation of 3399.96, and Market Risk Adjusted Performance of (0.17) to double-check if the risk estimate we provide is consistent with the expected return of 0.0582%. The bond shows a Beta (market volatility) of -0.4, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning 713448FG8 are expected to decrease at a much lower rate. During the bear market, 713448FG8 is likely to outperform the market.
Auto-correlation | -0.36 |
Poor reverse predictability
PEP 275 21 OCT 51 has poor reverse predictability. Overlapping area represents the amount of predictability between 713448FG8 time series from 3rd of January 2023 to 29th of December 2023 and 29th of December 2023 to 23rd 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 PEP 275 21 price movement. The serial correlation of -0.36 indicates that just about 36.0% of current 713448FG8 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 5.6 |
PEP 275 21 lagged returns against current returns
Autocorrelation, which is 713448FG8 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 713448FG8's bond expected returns. We can calculate the autocorrelation of 713448FG8 returns to help us make a trade decision. For example, suppose you find that 713448FG8 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 |
713448FG8 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 713448FG8 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 713448FG8 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 713448FG8 bond over time.
Current vs Lagged Prices |
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713448FG8 Lagged Returns
When evaluating 713448FG8's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 713448FG8 bond have on its future price. 713448FG8 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, 713448FG8 autocorrelation shows the relationship between 713448FG8 bond current value and its past values and can show if there is a momentum factor associated with investing in PEP 275 21 OCT 51.
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 713448FG8 Bond
713448FG8 financial ratios help investors to determine whether 713448FG8 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 713448FG8 with respect to the benefits of owning 713448FG8 security.