Sirius XM Holdings Market Value
| 82967NBG2 | 86.38 1.85 2.10% |
| Symbol | Sirius |
Sirius '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 Sirius' 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 Sirius.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Sirius on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Sirius XM Holdings or generate 0.0% return on investment in Sirius over 90 days. Sirius is related to or competes with Treace Medical, Simon Property, Cardinal Health, HUTCHMED DRC, Viemed Healthcare, and Akanda Corp. More
Sirius 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 Sirius' 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 Sirius XM Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.68 | |||
| Information Ratio | 0.0552 | |||
| Maximum Drawdown | 26.37 | |||
| Value At Risk | (2.16) | |||
| Potential Upside | 1.72 |
Sirius Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sirius' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sirius' standard deviation. In reality, there are many statistical measures that can use Sirius historical prices to predict the future Sirius' volatility.| Risk Adjusted Performance | 0.0156 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | 0.5132 | |||
| Sortino Ratio | 0.0603 | |||
| Treynor Ratio | (0.06) |
Sirius XM Holdings Backtested Returns
At this point, Sirius is very steady. Sirius XM Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0318, which indicates the bond had a 0.0318 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Sirius XM Holdings, which you can use to evaluate the volatility of the bond. Please validate Sirius' Coefficient Of Variation of 9916.81, semi deviation of 2.59, and Risk Adjusted Performance of 0.0156 to confirm if the risk estimate we provide is consistent with the expected return of 0.023%. The entity has a beta of -0.31, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Sirius are expected to decrease at a much lower rate. During the bear market, Sirius is likely to outperform the market.
Auto-correlation | -0.32 |
Poor reverse predictability
Sirius XM Holdings has poor reverse predictability. Overlapping area represents the amount of predictability between Sirius time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Sirius XM Holdings price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current Sirius price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.32 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Sirius XM Holdings lagged returns against current returns
Autocorrelation, which is Sirius 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 Sirius' bond expected returns. We can calculate the autocorrelation of Sirius returns to help us make a trade decision. For example, suppose you find that Sirius 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 |
Sirius 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 Sirius bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sirius bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sirius bond over time.
Current vs Lagged Prices |
| Timeline |
Sirius Lagged Returns
When evaluating Sirius' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sirius bond have on its future price. Sirius 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, Sirius autocorrelation shows the relationship between Sirius bond current value and its past values and can show if there is a momentum factor associated with investing in Sirius XM Holdings.
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 Sirius Bond
Sirius financial ratios help investors to determine whether Sirius 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 Sirius with respect to the benefits of owning Sirius security.