UNANA 2625 12 AUG 51 Market Value

904764BR7   70.81  4.96  7.53%   
UNANA's market value is the price at which a share of UNANA trades on an exchange. It measures the collective expectations of UNANA 2625 12 AUG 51 investors about the bond's future performance. With this module, you can estimate the performance of a buy and hold strategy of UNANA 2625 12 AUG 51 and determine expected loss or profit from investing in UNANA over a given investment horizon.
Check out UNANA Correlation, UNANA Volatility and UNANA Alpha and Beta module to complement your research on UNANA.
Symbol

Please note, there is a significant difference between UNANA's value and its price as these two are different measures arrived at by different means. Investors typically determine if UNANA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, UNANA'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.

UNANA '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 UNANA'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 UNANA.
0.00
10/12/2023
No Change 0.00  0.0 
In 1 year 1 month and 25 days
12/05/2024
0.00
If you would invest  0.00  in UNANA on October 12, 2023 and sell it all today you would earn a total of 0.00 from holding UNANA 2625 12 AUG 51 or generate 0.0% return on investment in UNANA over 420 days. UNANA is related to or competes with Rumble, Asure Software, Joint Stock, Playtech Plc, Bill, Paysafe, and VirnetX Holding. More

UNANA 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 UNANA'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 UNANA 2625 12 AUG 51 upside and downside potential and time the market with a certain degree of confidence.

UNANA Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for UNANA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as UNANA's standard deviation. In reality, there are many statistical measures that can use UNANA historical prices to predict the future UNANA's volatility.
Hype
Prediction
LowEstimatedHigh
68.2270.8173.40
Details
Intrinsic
Valuation
LowRealHigh
66.3068.8971.48
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as UNANA. Your research has to be compared to or analyzed against UNANA's peers to derive any actionable benefits. When done correctly, UNANA's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in UNANA 2625 12.

UNANA 2625 12 Backtested Returns

UNANA 2625 12 retains Efficiency (Sharpe Ratio) of -0.0726, which indicates the bond had a -0.0726% return per unit of volatility over the last 3 months. UNANA exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate UNANA's downside deviation of 1.39, and Risk Adjusted Performance of 0.0984 to confirm the risk estimate we provide. The entity owns a Beta (Systematic Risk) of 0.14, which indicates not very significant fluctuations relative to the market. As returns on the market increase, UNANA's returns are expected to increase less than the market. However, during the bear market, the loss of holding UNANA is expected to be smaller as well.

Auto-correlation

    
  0.48  

Average predictability

UNANA 2625 12 AUG 51 has average predictability. Overlapping area represents the amount of predictability between UNANA time series from 12th of October 2023 to 9th of May 2024 and 9th of May 2024 to 5th 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 UNANA 2625 12 price movement. The serial correlation of 0.48 indicates that about 48.0% of current UNANA price fluctuation can be explain by its past prices.
Correlation Coefficient0.48
Spearman Rank Test0.05
Residual Average0.0
Price Variance4.01

UNANA 2625 12 lagged returns against current returns

Autocorrelation, which is UNANA 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 UNANA's bond expected returns. We can calculate the autocorrelation of UNANA returns to help us make a trade decision. For example, suppose you find that UNANA 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  

UNANA 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 UNANA bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if UNANA bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in UNANA bond over time.
   Current vs Lagged Prices   
       Timeline  

UNANA Lagged Returns

When evaluating UNANA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of UNANA bond have on its future price. UNANA 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, UNANA autocorrelation shows the relationship between UNANA bond current value and its past values and can show if there is a momentum factor associated with investing in UNANA 2625 12 AUG 51.
   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 UNANA Bond

UNANA financial ratios help investors to determine whether UNANA 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 UNANA with respect to the benefits of owning UNANA security.