WELL 385 15 JUN 32 Market Value
| 95040QAR5 | 88.28 4.13 4.47% |
| Symbol | 95040QAR5 |
Please note, there is a significant difference between 95040QAR5's value and its price as these two are different measures arrived at by different means. Investors typically determine if 95040QAR5 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 95040QAR5'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.
95040QAR5 '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 95040QAR5'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 95040QAR5.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in 95040QAR5 on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding WELL 385 15 JUN 32 or generate 0.0% return on investment in 95040QAR5 over 90 days. 95040QAR5 is related to or competes with MACOM Technology, Streamline Health, Cirrus Logic, Entegris, Freedom Internet, Sphere Entertainment, and ASE Industrial. More
95040QAR5 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 95040QAR5'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 WELL 385 15 JUN 32 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0157 | |||
| Maximum Drawdown | 5.24 | |||
| Value At Risk | (1.24) | |||
| Potential Upside | 0.677 |
95040QAR5 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 95040QAR5's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 95040QAR5's standard deviation. In reality, there are many statistical measures that can use 95040QAR5 historical prices to predict the future 95040QAR5's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | 0.1104 | |||
| Treynor Ratio | (0.51) |
WELL 385 15 Backtested Returns
WELL 385 15 secures Sharpe Ratio (or Efficiency) of -0.0685, which signifies that the bond had a -0.0685 % return per unit of risk over the last 3 months. WELL 385 15 JUN 32 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 95040QAR5's Risk Adjusted Performance of (0.03), coefficient of variation of (2,700), and Standard Deviation of 1.65 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of 0.14, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 95040QAR5's returns are expected to increase less than the market. However, during the bear market, the loss of holding 95040QAR5 is expected to be smaller as well.
Auto-correlation | -0.37 |
Poor reverse predictability
WELL 385 15 JUN 32 has poor reverse predictability. Overlapping area represents the amount of predictability between 95040QAR5 time series from 19th of December 2024 to 2nd of February 2025 and 2nd of February 2025 to 19th 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 WELL 385 15 price movement. The serial correlation of -0.37 indicates that just about 37.0% of current 95040QAR5 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.37 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.94 |
WELL 385 15 lagged returns against current returns
Autocorrelation, which is 95040QAR5 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 95040QAR5's bond expected returns. We can calculate the autocorrelation of 95040QAR5 returns to help us make a trade decision. For example, suppose you find that 95040QAR5 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 |
95040QAR5 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 95040QAR5 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 95040QAR5 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 95040QAR5 bond over time.
Current vs Lagged Prices |
| Timeline |
95040QAR5 Lagged Returns
When evaluating 95040QAR5's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 95040QAR5 bond have on its future price. 95040QAR5 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, 95040QAR5 autocorrelation shows the relationship between 95040QAR5 bond current value and its past values and can show if there is a momentum factor associated with investing in WELL 385 15 JUN 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 95040QAR5 Bond
95040QAR5 financial ratios help investors to determine whether 95040QAR5 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 95040QAR5 with respect to the benefits of owning 95040QAR5 security.