US91327BAB62 Market Value
| 91327BAB6 | 87.15 8.47 8.86% |
| Symbol | 91327BAB6 |
91327BAB6 '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 91327BAB6'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 91327BAB6.
| 12/14/2024 |
| 03/14/2025 |
If you would invest 0.00 in 91327BAB6 on December 14, 2024 and sell it all today you would earn a total of 0.00 from holding US91327BAB62 or generate 0.0% return on investment in 91327BAB6 over 90 days. 91327BAB6 is related to or competes with 00108WAF7, Newmont Goldcorp, Verizon Communications, British Amer, Alibaba Group, OFS Capital, and Nitto Denko. More
91327BAB6 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 91327BAB6'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 US91327BAB62 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0249 | |||
| Maximum Drawdown | 29.05 | |||
| Value At Risk | (7.53) | |||
| Potential Upside | 3.96 |
91327BAB6 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 91327BAB6's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 91327BAB6's standard deviation. In reality, there are many statistical measures that can use 91327BAB6 historical prices to predict the future 91327BAB6's volatility.| Risk Adjusted Performance | 0.0051 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | 0.7527 | |||
| Treynor Ratio | 0.1141 |
US91327BAB62 Backtested Returns
US91327BAB62 retains Efficiency (Sharpe Ratio) of -0.0632, which signifies that the bond had a -0.0632 % return per unit of price deviation over the last 3 months. 91327BAB6 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 91327BAB6's Variance of 21.41, coefficient of variation of (27,262), and Risk Adjusted Performance of 0.0051 to double-check the risk estimate we provide. The bond owns a Beta (Systematic Risk) of -0.24, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 91327BAB6 are expected to decrease at a much lower rate. During the bear market, 91327BAB6 is likely to outperform the market.
Auto-correlation | 0.01 |
Virtually no predictability
US91327BAB62 has virtually no predictability. Overlapping area represents the amount of predictability between 91327BAB6 time series from 14th of December 2024 to 28th of January 2025 and 28th of January 2025 to 14th 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 US91327BAB62 price movement. The serial correlation of 0.01 indicates that just 1.0% of current 91327BAB6 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.21 |
US91327BAB62 lagged returns against current returns
Autocorrelation, which is 91327BAB6 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 91327BAB6's bond expected returns. We can calculate the autocorrelation of 91327BAB6 returns to help us make a trade decision. For example, suppose you find that 91327BAB6 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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91327BAB6 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 91327BAB6 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 91327BAB6 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 91327BAB6 bond over time.
Current vs Lagged Prices |
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91327BAB6 Lagged Returns
When evaluating 91327BAB6's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 91327BAB6 bond have on its future price. 91327BAB6 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, 91327BAB6 autocorrelation shows the relationship between 91327BAB6 bond current value and its past values and can show if there is a momentum factor associated with investing in US91327BAB62.
Regressed Prices |
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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 91327BAB6 Bond
91327BAB6 financial ratios help investors to determine whether 91327BAB6 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 91327BAB6 with respect to the benefits of owning 91327BAB6 security.