XEL 175 15 MAR 27 Market Value
| 98388MAB3 | 94.27 0.11 0.12% |
| Symbol | 98388MAB3 |
Please note, there is a significant difference between 98388MAB3's value and its price as these two are different measures arrived at by different means. Investors typically determine if 98388MAB3 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 98388MAB3'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.
98388MAB3 '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 98388MAB3'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 98388MAB3.
| 12/06/2024 |
| 01/05/2025 |
If you would invest 0.00 in 98388MAB3 on December 6, 2024 and sell it all today you would earn a total of 0.00 from holding XEL 175 15 MAR 27 or generate 0.0% return on investment in 98388MAB3 over 30 days. 98388MAB3 is related to or competes with Summit Midstream, Spectrum Brands, Weyco, Inter Parfums, Edgewell Personal, Hillman Solutions, and Procter Gamble. More
98388MAB3 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 98388MAB3'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 XEL 175 15 MAR 27 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.68 | |||
| Information Ratio | 0.0041 | |||
| Maximum Drawdown | 11.16 | |||
| Value At Risk | (3.63) | |||
| Potential Upside | 3.79 |
98388MAB3 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 98388MAB3's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 98388MAB3's standard deviation. In reality, there are many statistical measures that can use 98388MAB3 historical prices to predict the future 98388MAB3's volatility.| Risk Adjusted Performance | 0.0191 | |||
| Jensen Alpha | 0.0182 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0043 | |||
| Treynor Ratio | 0.1797 |
XEL 175 15 Backtested Returns
At this point, 98388MAB3 is very steady. XEL 175 15 secures Sharpe Ratio (or Efficiency) of 0.0163, which signifies that the bond had a 0.0163% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for XEL 175 15 MAR 27, which you can use to evaluate the volatility of the entity. Please confirm 98388MAB3's Downside Deviation of 1.68, semi deviation of 1.56, and Risk Adjusted Performance of 0.0191 to double-check if the risk estimate we provide is consistent with the expected return of 0.0236%. The bond shows a Beta (market volatility) of 0.11, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 98388MAB3's returns are expected to increase less than the market. However, during the bear market, the loss of holding 98388MAB3 is expected to be smaller as well.
Auto-correlation | 0.66 |
Good predictability
XEL 175 15 MAR 27 has good predictability. Overlapping area represents the amount of predictability between 98388MAB3 time series from 6th of December 2024 to 21st of December 2024 and 21st of December 2024 to 5th 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 XEL 175 15 price movement. The serial correlation of 0.66 indicates that around 66.0% of current 98388MAB3 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 3.49 |
XEL 175 15 lagged returns against current returns
Autocorrelation, which is 98388MAB3 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 98388MAB3's bond expected returns. We can calculate the autocorrelation of 98388MAB3 returns to help us make a trade decision. For example, suppose you find that 98388MAB3 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 |
98388MAB3 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 98388MAB3 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 98388MAB3 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 98388MAB3 bond over time.
Current vs Lagged Prices |
| Timeline |
98388MAB3 Lagged Returns
When evaluating 98388MAB3's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 98388MAB3 bond have on its future price. 98388MAB3 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, 98388MAB3 autocorrelation shows the relationship between 98388MAB3 bond current value and its past values and can show if there is a momentum factor associated with investing in XEL 175 15 MAR 27.
Regressed Prices |
| Timeline |
Also Currently Popular
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| TRX | TRON | |
| BNB | Binance Coin |
Other Information on Investing in 98388MAB3 Bond
98388MAB3 financial ratios help investors to determine whether 98388MAB3 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 98388MAB3 with respect to the benefits of owning 98388MAB3 security.