RYN 275 17 MAY 31 Market Value
| 75508XAA4 | 84.74 0.00 0.00% |
| Symbol | 75508XAA4 |
Please note, there is a significant difference between 75508XAA4's value and its price as these two are different measures arrived at by different means. Investors typically determine if 75508XAA4 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 75508XAA4'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.
75508XAA4 '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 75508XAA4'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 75508XAA4.
| 01/09/2023 |
| 12/29/2024 |
If you would invest 0.00 in 75508XAA4 on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding RYN 275 17 MAY 31 or generate 0.0% return on investment in 75508XAA4 over 720 days. 75508XAA4 is related to or competes with National Beverage, Ambev SA, Fomento Economico, Vita Coco, Boston Beer, HE Equipment, and Fortress Transp. More
75508XAA4 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 75508XAA4'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 RYN 275 17 MAY 31 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.64 | |||
| Information Ratio | 0.0176 | |||
| Maximum Drawdown | 10.71 | |||
| Value At Risk | (1.24) | |||
| Potential Upside | 1.48 |
75508XAA4 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 75508XAA4's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 75508XAA4's standard deviation. In reality, there are many statistical measures that can use 75508XAA4 historical prices to predict the future 75508XAA4's volatility.| Risk Adjusted Performance | 0.0343 | |||
| Jensen Alpha | 0.0413 | |||
| Total Risk Alpha | 0.0046 | |||
| Sortino Ratio | 0.0183 | |||
| Treynor Ratio | 0.1063 |
RYN 275 17 Backtested Returns
RYN 275 17 secures Sharpe Ratio (or Efficiency) of -0.037, which signifies that the bond had a -0.037% return per unit of risk over the last 3 months. RYN 275 17 MAY 31 exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 75508XAA4's Coefficient Of Variation of 2749.25, mean deviation of 0.8016, and Market Risk Adjusted Performance of 0.1163 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of 0.49, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, 75508XAA4's returns are expected to increase less than the market. However, during the bear market, the loss of holding 75508XAA4 is expected to be smaller as well.
Auto-correlation | -0.26 |
Weak reverse predictability
RYN 275 17 MAY 31 has weak reverse predictability. Overlapping area represents the amount of predictability between 75508XAA4 time series from 9th of January 2023 to 4th of January 2024 and 4th of January 2024 to 29th 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 RYN 275 17 price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current 75508XAA4 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | -0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 5.09 |
RYN 275 17 lagged returns against current returns
Autocorrelation, which is 75508XAA4 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 75508XAA4's bond expected returns. We can calculate the autocorrelation of 75508XAA4 returns to help us make a trade decision. For example, suppose you find that 75508XAA4 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 |
75508XAA4 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 75508XAA4 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 75508XAA4 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 75508XAA4 bond over time.
Current vs Lagged Prices |
| Timeline |
75508XAA4 Lagged Returns
When evaluating 75508XAA4's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 75508XAA4 bond have on its future price. 75508XAA4 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, 75508XAA4 autocorrelation shows the relationship between 75508XAA4 bond current value and its past values and can show if there is a momentum factor associated with investing in RYN 275 17 MAY 31.
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 75508XAA4 Bond
75508XAA4 financial ratios help investors to determine whether 75508XAA4 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 75508XAA4 with respect to the benefits of owning 75508XAA4 security.