UNH 515 15 OCT 25 Market Value

91324PEN8   100.57  0.18  0.18%   
91324PEN8's market value is the price at which a share of 91324PEN8 trades on an exchange. It measures the collective expectations of UNH 515 15 OCT 25 investors about the bond's future performance. With this module, you can estimate the performance of a buy and hold strategy of UNH 515 15 OCT 25 and determine expected loss or profit from investing in 91324PEN8 over a given investment horizon.
Check out 91324PEN8 Correlation, 91324PEN8 Volatility and 91324PEN8 Alpha and Beta module to complement your research on 91324PEN8.
Symbol

Please note, there is a significant difference between 91324PEN8's value and its price as these two are different measures arrived at by different means. Investors typically determine if 91324PEN8 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 91324PEN8'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.

91324PEN8 '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 91324PEN8'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 91324PEN8.
0.00
01/21/2025
No Change 0.00  0.0 
In 30 days
02/20/2025
0.00
If you would invest  0.00  in 91324PEN8 on January 21, 2025 and sell it all today you would earn a total of 0.00 from holding UNH 515 15 OCT 25 or generate 0.0% return on investment in 91324PEN8 over 30 days. 91324PEN8 is related to or competes with 00108WAF7, Tesla, Okta, China Hongqiao, Super Micro, Toronto Dominion, and Smith Micro. More

91324PEN8 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 91324PEN8'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 UNH 515 15 OCT 25 upside and downside potential and time the market with a certain degree of confidence.

91324PEN8 Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for 91324PEN8's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 91324PEN8's standard deviation. In reality, there are many statistical measures that can use 91324PEN8 historical prices to predict the future 91324PEN8's volatility.
Hype
Prediction
LowEstimatedHigh
99.8799.98100.09
Details
Intrinsic
Valuation
LowRealHigh
95.0595.16109.98
Details
Naive
Forecast
LowNextHigh
99.7199.8299.93
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
99.79100.25100.70
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as 91324PEN8. Your research has to be compared to or analyzed against 91324PEN8's peers to derive any actionable benefits. When done correctly, 91324PEN8'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 UNH 515 15.

UNH 515 15 Backtested Returns

UNH 515 15 secures Sharpe Ratio (or Efficiency) of -0.0915, which signifies that the bond had a -0.0915 % return per unit of price deviation over the last 3 months. UNH 515 15 OCT 25 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 91324PEN8's Variance of 0.0129, risk adjusted performance of (0.11), and Coefficient Of Variation of (1,146) to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of 0.0036, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 91324PEN8's returns are expected to increase less than the market. However, during the bear market, the loss of holding 91324PEN8 is expected to be smaller as well.

Auto-correlation

    
  -0.58  

Good reverse predictability

UNH 515 15 OCT 25 has good reverse predictability. Overlapping area represents the amount of predictability between 91324PEN8 time series from 21st of January 2025 to 5th of February 2025 and 5th of February 2025 to 20th of February 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 UNH 515 15 price movement. The serial correlation of -0.58 indicates that roughly 58.0% of current 91324PEN8 price fluctuation can be explain by its past prices.
Correlation Coefficient-0.58
Spearman Rank Test-0.14
Residual Average0.0
Price Variance0.03
91324PEN8 Returns91324PEN8 Lagged ReturnsDiversified Away91324PEN8 Returns91324PEN8 Lagged ReturnsDiversified Away100%

UNH 515 15 lagged returns against current returns

Autocorrelation, which is 91324PEN8 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 91324PEN8's bond expected returns. We can calculate the autocorrelation of 91324PEN8 returns to help us make a trade decision. For example, suppose you find that 91324PEN8 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   
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JavaScript chart by amCharts 3.21.15Volume Lagged Volume Prices Lagged Prices
       Timeline  

91324PEN8 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 91324PEN8 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 91324PEN8 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 91324PEN8 bond over time.
   Current vs Lagged Prices   
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JavaScript chart by amCharts 3.21.15Regression Prices Lagged Regression Prices
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91324PEN8 Lagged Returns

When evaluating 91324PEN8's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 91324PEN8 bond have on its future price. 91324PEN8 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, 91324PEN8 autocorrelation shows the relationship between 91324PEN8 bond current value and its past values and can show if there is a momentum factor associated with investing in UNH 515 15 OCT 25.
   Regressed Prices   
JavaScript chart by amCharts 3.21.15210022002300240025002600270028002900300031003200330034003500360037003800390040004100420043004400450046004700480049005000100.0100.1100.2100.3100.4100.5100.6
JavaScript chart by amCharts 3.21.15Lagged Returns Returns
       Timeline  

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Other Information on Investing in 91324PEN8 Bond

91324PEN8 financial ratios help investors to determine whether 91324PEN8 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 91324PEN8 with respect to the benefits of owning 91324PEN8 security.