Wynn Macau 5125 Market Value
| 98313RAE6 | 88.75 4.28 4.60% |
| Symbol | 98313RAE6 |
98313RAE6 '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 98313RAE6'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 98313RAE6.
| 02/01/2023 |
| 01/21/2025 |
If you would invest 0.00 in 98313RAE6 on February 1, 2023 and sell it all today you would earn a total of 0.00 from holding Wynn Macau 5125 or generate 0.0% return on investment in 98313RAE6 over 720 days. 98313RAE6 is related to or competes with Qualys, Asure Software, BioNTech, NetSol Technologies, Uber Technologies, Senmiao Technology, and Life360, Common. More
98313RAE6 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 98313RAE6'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 Wynn Macau 5125 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.22 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 28.43 | |||
| Value At Risk | (0.69) | |||
| Potential Upside | 3.17 |
98313RAE6 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 98313RAE6's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 98313RAE6's standard deviation. In reality, there are many statistical measures that can use 98313RAE6 historical prices to predict the future 98313RAE6's volatility.| Risk Adjusted Performance | 0.0124 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.0091 |
Wynn Macau 5125 Backtested Returns
Wynn Macau 5125 secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the bond had a -0.13 % return per unit of standard deviation over the last 3 months. Wynn Macau 5125 exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 98313RAE6's Risk Adjusted Performance of 0.0124, semi deviation of 4.79, and Mean Deviation of 1.37 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of 1.47, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, 98313RAE6 will likely underperform.
Auto-correlation | 0.14 |
Insignificant predictability
Wynn Macau 5125 has insignificant predictability. Overlapping area represents the amount of predictability between 98313RAE6 time series from 1st of February 2023 to 27th of January 2024 and 27th of January 2024 to 21st 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 Wynn Macau 5125 price movement. The serial correlation of 0.14 indicates that less than 14.0% of current 98313RAE6 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.14 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 2.11 |
Wynn Macau 5125 lagged returns against current returns
Autocorrelation, which is 98313RAE6 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 98313RAE6's bond expected returns. We can calculate the autocorrelation of 98313RAE6 returns to help us make a trade decision. For example, suppose you find that 98313RAE6 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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98313RAE6 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 98313RAE6 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 98313RAE6 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 98313RAE6 bond over time.
Current vs Lagged Prices |
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98313RAE6 Lagged Returns
When evaluating 98313RAE6's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 98313RAE6 bond have on its future price. 98313RAE6 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, 98313RAE6 autocorrelation shows the relationship between 98313RAE6 bond current value and its past values and can show if there is a momentum factor associated with investing in Wynn Macau 5125.
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 98313RAE6 Bond
98313RAE6 financial ratios help investors to determine whether 98313RAE6 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 98313RAE6 with respect to the benefits of owning 98313RAE6 security.