SAMMON 475 08 APR 32 Market Value
| 79588TAE0 | 86.72 0.00 0.00% |
| Symbol | SAMMON |
Please note, there is a significant difference between SAMMON's value and its price as these two are different measures arrived at by different means. Investors typically determine if SAMMON is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SAMMON'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.
SAMMON '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 SAMMON'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 SAMMON.
| 11/27/2024 |
| 12/27/2024 |
If you would invest 0.00 in SAMMON on November 27, 2024 and sell it all today you would earn a total of 0.00 from holding SAMMON 475 08 APR 32 or generate 0.0% return on investment in SAMMON over 30 days. SAMMON is related to or competes with Japan Tobacco, Boston Beer, Boyd Gaming, Diageo PLC, Constellation Brands, Golden Matrix, and Coca Cola. More
SAMMON 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 SAMMON'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 SAMMON 475 08 APR 32 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.6 | |||
| Information Ratio | (0.0009) | |||
| Maximum Drawdown | 16.39 | |||
| Value At Risk | (2.26) | |||
| Potential Upside | 2.45 |
SAMMON Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SAMMON's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SAMMON's standard deviation. In reality, there are many statistical measures that can use SAMMON historical prices to predict the future SAMMON's volatility.| Risk Adjusted Performance | 0.0258 | |||
| Jensen Alpha | 0.0351 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.0007) | |||
| Treynor Ratio | 0.2823 |
SAMMON 475 08 Backtested Returns
SAMMON 475 08 owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.49, which indicates the bond had a -0.49% return per unit of standard deviation over the last 3 months. SAMMON 475 08 APR 32 exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SAMMON's Market Risk Adjusted Performance of 0.2923, risk adjusted performance of 0.0258, and Downside Deviation of 2.6 to confirm the risk estimate we provide. The entity has a beta of 0.15, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SAMMON's returns are expected to increase less than the market. However, during the bear market, the loss of holding SAMMON is expected to be smaller as well.
Auto-correlation | 0.94 |
Excellent predictability
SAMMON 475 08 APR 32 has excellent predictability. Overlapping area represents the amount of predictability between SAMMON time series from 27th of November 2024 to 12th of December 2024 and 12th of December 2024 to 27th 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 SAMMON 475 08 price movement. The serial correlation of 0.94 indicates that approximately 94.0% of current SAMMON price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.94 | |
| Spearman Rank Test | 0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 20.25 |
SAMMON 475 08 lagged returns against current returns
Autocorrelation, which is SAMMON 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 SAMMON's bond expected returns. We can calculate the autocorrelation of SAMMON returns to help us make a trade decision. For example, suppose you find that SAMMON 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 |
SAMMON 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 SAMMON bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SAMMON bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SAMMON bond over time.
Current vs Lagged Prices |
| Timeline |
SAMMON Lagged Returns
When evaluating SAMMON's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SAMMON bond have on its future price. SAMMON 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, SAMMON autocorrelation shows the relationship between SAMMON bond current value and its past values and can show if there is a momentum factor associated with investing in SAMMON 475 08 APR 32.
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 SAMMON Bond
SAMMON financial ratios help investors to determine whether SAMMON 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 SAMMON with respect to the benefits of owning SAMMON security.