SJM 2125 15 MAR 32 Market Value
| 832696AU2 | 82.16 0.54 0.65% |
| Symbol | 832696AU2 |
Please note, there is a significant difference between 832696AU2's value and its price as these two are different measures arrived at by different means. Investors typically determine if 832696AU2 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 832696AU2'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.
832696AU2 '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 832696AU2'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 832696AU2.
| 02/03/2025 |
| 03/05/2025 |
If you would invest 0.00 in 832696AU2 on February 3, 2025 and sell it all today you would earn a total of 0.00 from holding SJM 2125 15 MAR 32 or generate 0.0% return on investment in 832696AU2 over 30 days. 832696AU2 is related to or competes with EastGroup Properties, Inflection Point, Alternative Investment, PennantPark Floating, and Simon Property. More
832696AU2 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 832696AU2'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 SJM 2125 15 MAR 32 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0954 | |||
| Maximum Drawdown | 2.7 | |||
| Value At Risk | (1.26) | |||
| Potential Upside | 1.29 |
832696AU2 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 832696AU2's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 832696AU2's standard deviation. In reality, there are many statistical measures that can use 832696AU2 historical prices to predict the future 832696AU2's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | 0.0443 | |||
| Treynor Ratio | 1.48 |
SJM 2125 15 Backtested Returns
SJM 2125 15 secures Sharpe Ratio (or Efficiency) of -0.0286, which signifies that the bond had a -0.0286 % return per unit of risk over the last 3 months. SJM 2125 15 MAR 32 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 832696AU2's Risk Adjusted Performance of (0.02), standard deviation of 0.6307, and Coefficient Of Variation of (3,493) to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.0189, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 832696AU2 are expected to decrease at a much lower rate. During the bear market, 832696AU2 is likely to outperform the market.
Auto-correlation | -0.29 |
Weak reverse predictability
SJM 2125 15 MAR 32 has weak reverse predictability. Overlapping area represents the amount of predictability between 832696AU2 time series from 3rd of February 2025 to 18th of February 2025 and 18th of February 2025 to 5th 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 SJM 2125 15 price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current 832696AU2 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
SJM 2125 15 lagged returns against current returns
Autocorrelation, which is 832696AU2 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 832696AU2's bond expected returns. We can calculate the autocorrelation of 832696AU2 returns to help us make a trade decision. For example, suppose you find that 832696AU2 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 |
832696AU2 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 832696AU2 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 832696AU2 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 832696AU2 bond over time.
Current vs Lagged Prices |
| Timeline |
832696AU2 Lagged Returns
When evaluating 832696AU2's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 832696AU2 bond have on its future price. 832696AU2 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, 832696AU2 autocorrelation shows the relationship between 832696AU2 bond current value and its past values and can show if there is a momentum factor associated with investing in SJM 2125 15 MAR 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 832696AU2 Bond
832696AU2 financial ratios help investors to determine whether 832696AU2 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 832696AU2 with respect to the benefits of owning 832696AU2 security.