RBACN 675 15 MAR 28 Market Value
| 76774LAB3 | 100.50 1.67 1.63% |
| Symbol | RBACN |
Please note, there is a significant difference between RBACN's value and its price as these two are different measures arrived at by different means. Investors typically determine if RBACN is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RBACN'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.
RBACN '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 RBACN'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 RBACN.
| 11/26/2024 |
| 12/26/2024 |
If you would invest 0.00 in RBACN on November 26, 2024 and sell it all today you would earn a total of 0.00 from holding RBACN 675 15 MAR 28 or generate 0.0% return on investment in RBACN over 30 days. RBACN is related to or competes with BJs Restaurants, Mesa Air, Dine Brands, Volaris, Texas Roadhouse, Aegean Airlines, and Wendys. More
RBACN 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 RBACN'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 RBACN 675 15 MAR 28 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 3.19 | |||
| Value At Risk | (0.71) | |||
| Potential Upside | 0.458 |
RBACN Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for RBACN's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RBACN's standard deviation. In reality, there are many statistical measures that can use RBACN historical prices to predict the future RBACN's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | (1.04) |
RBACN 675 15 Backtested Returns
RBACN 675 15 retains Efficiency (Sharpe Ratio) of -0.18, which implies the bond had a -0.18% return per unit of risk over the last 3 months. RBACN exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check RBACN's coefficient of variation of (953.37), and Market Risk Adjusted Performance of (1.03) to confirm the risk estimate we provide. The entity owns a Beta (Systematic Risk) of 0.0522, which implies not very significant fluctuations relative to the market. As returns on the market increase, RBACN's returns are expected to increase less than the market. However, during the bear market, the loss of holding RBACN is expected to be smaller as well.
Auto-correlation | -0.28 |
Weak reverse predictability
RBACN 675 15 MAR 28 has weak reverse predictability. Overlapping area represents the amount of predictability between RBACN time series from 26th of November 2024 to 11th of December 2024 and 11th of December 2024 to 26th 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 RBACN 675 15 price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current RBACN price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.28 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
RBACN 675 15 lagged returns against current returns
Autocorrelation, which is RBACN 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 RBACN's bond expected returns. We can calculate the autocorrelation of RBACN returns to help us make a trade decision. For example, suppose you find that RBACN 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 |
RBACN 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 RBACN bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if RBACN bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in RBACN bond over time.
Current vs Lagged Prices |
| Timeline |
RBACN Lagged Returns
When evaluating RBACN's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of RBACN bond have on its future price. RBACN 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, RBACN autocorrelation shows the relationship between RBACN bond current value and its past values and can show if there is a momentum factor associated with investing in RBACN 675 15 MAR 28.
Regressed Prices |
| Timeline |
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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 RBACN Bond
RBACN financial ratios help investors to determine whether RBACN 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 RBACN with respect to the benefits of owning RBACN security.