SHBASS 5285215 10 JUN 25 Market Value
| 86959LAK9 | 100.28 0.00 0.00% |
| Symbol | SHBASS |
Please note, there is a significant difference between SHBASS's value and its price as these two are different measures arrived at by different means. Investors typically determine if SHBASS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SHBASS'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.
SHBASS '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 SHBASS'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 SHBASS.
| 07/12/2024 |
| 01/08/2025 |
If you would invest 0.00 in SHBASS on July 12, 2024 and sell it all today you would earn a total of 0.00 from holding SHBASS 5285215 10 JUN 25 or generate 0.0% return on investment in SHBASS over 180 days. SHBASS is related to or competes with Astral Foods, FitLife Brands,, Ingredion Incorporated, 51Talk Online, Tyson Foods, Pearson PLC, and BBB Foods. More
SHBASS 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 SHBASS'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 SHBASS 5285215 10 JUN 25 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6402 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 3.22 | |||
| Value At Risk | (0.20) | |||
| Potential Upside | 0.4837 |
SHBASS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SHBASS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SHBASS's standard deviation. In reality, there are many statistical measures that can use SHBASS historical prices to predict the future SHBASS's volatility.| Risk Adjusted Performance | 0.0163 | |||
| Jensen Alpha | 0.0034 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.3058 |
SHBASS 5285215 10 Backtested Returns
SHBASS 5285215 10 retains Efficiency (Sharpe Ratio) of -0.59, which indicates the bond had a -0.59% return per unit of risk over the last 3 months. SHBASS exposes twenty-five different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SHBASS's risk adjusted performance of 0.0163, and Downside Deviation of 0.6402 to confirm the risk estimate we provide. The entity owns a Beta (Systematic Risk) of 0.0117, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SHBASS's returns are expected to increase less than the market. However, during the bear market, the loss of holding SHBASS is expected to be smaller as well.
Auto-correlation | 0.66 |
Good predictability
SHBASS 5285215 10 JUN 25 has good predictability. Overlapping area represents the amount of predictability between SHBASS time series from 12th of July 2024 to 10th of October 2024 and 10th of October 2024 to 8th of January 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 SHBASS 5285215 10 price movement. The serial correlation of 0.66 indicates that around 66.0% of current SHBASS price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
SHBASS 5285215 10 lagged returns against current returns
Autocorrelation, which is SHBASS 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 SHBASS's bond expected returns. We can calculate the autocorrelation of SHBASS returns to help us make a trade decision. For example, suppose you find that SHBASS 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 |
SHBASS 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 SHBASS bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SHBASS bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SHBASS bond over time.
Current vs Lagged Prices |
| Timeline |
SHBASS Lagged Returns
When evaluating SHBASS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SHBASS bond have on its future price. SHBASS 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, SHBASS autocorrelation shows the relationship between SHBASS bond current value and its past values and can show if there is a momentum factor associated with investing in SHBASS 5285215 10 JUN 25.
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.| BTC | Bitcoin | |
| TRX | TRON | |
| BNB | Binance Coin |
Other Information on Investing in SHBASS Bond
SHBASS financial ratios help investors to determine whether SHBASS 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 SHBASS with respect to the benefits of owning SHBASS security.