STOAU 3649 29 APR 31 Market Value
| 803014AA7 | 89.85 0.55 0.61% |
| Symbol | STOAU |
Please note, there is a significant difference between STOAU's value and its price as these two are different measures arrived at by different means. Investors typically determine if STOAU is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, STOAU'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.
STOAU '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 STOAU'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 STOAU.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in STOAU on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding STOAU 3649 29 APR 31 or generate 0.0% return on investment in STOAU over 90 days. STOAU is related to or competes with 00108WAF7, FIH Mobile, Defence Therapeutics, Glow Holdings, Agora, China Resources, and Citizen Watch. More
STOAU 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 STOAU'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 STOAU 3649 29 APR 31 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0661 | |||
| Maximum Drawdown | 6.84 | |||
| Value At Risk | (0.85) | |||
| Potential Upside | 0.9516 |
STOAU Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for STOAU's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as STOAU's standard deviation. In reality, there are many statistical measures that can use STOAU historical prices to predict the future STOAU's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | 0.073 | |||
| Treynor Ratio | 0.6193 |
STOAU 3649 29 Backtested Returns
At this point, STOAU is very steady. STOAU 3649 29 owns Efficiency Ratio (i.e., Sharpe Ratio) of close to zero, which indicates the bond had a close to zero % return per unit of standard deviation over the last 3 months. We have found twenty-one technical indicators for STOAU 3649 29 APR 31, which you can use to evaluate the volatility of the bond. Please validate STOAU's variance of 0.9325, and Risk Adjusted Performance of (0.01) to confirm if the risk estimate we provide is consistent with the expected return of 0.0048%. The entity has a beta of -0.0436, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning STOAU are expected to decrease at a much lower rate. During the bear market, STOAU is likely to outperform the market.
Auto-correlation | -0.31 |
Poor reverse predictability
STOAU 3649 29 APR 31 has poor reverse predictability. Overlapping area represents the amount of predictability between STOAU time series from 19th of December 2024 to 2nd of February 2025 and 2nd of February 2025 to 19th of March 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 STOAU 3649 29 price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current STOAU price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.6 |
STOAU 3649 29 lagged returns against current returns
Autocorrelation, which is STOAU 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 STOAU's bond expected returns. We can calculate the autocorrelation of STOAU returns to help us make a trade decision. For example, suppose you find that STOAU 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 |
STOAU 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 STOAU bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if STOAU bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in STOAU bond over time.
Current vs Lagged Prices |
| Timeline |
STOAU Lagged Returns
When evaluating STOAU's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of STOAU bond have on its future price. STOAU 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, STOAU autocorrelation shows the relationship between STOAU bond current value and its past values and can show if there is a momentum factor associated with investing in STOAU 3649 29 APR 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 STOAU Bond
STOAU financial ratios help investors to determine whether STOAU 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 STOAU with respect to the benefits of owning STOAU security.