BCULC 35 15 FEB 29 Market Value
| C6900PAL3 | 91.50 0.00 0.00% |
| Symbol | BCULC |
Please note, there is a significant difference between BCULC's value and its price as these two are different measures arrived at by different means. Investors typically determine if BCULC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BCULC'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.
BCULC '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 BCULC'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 BCULC.
| 11/26/2024 |
| 12/26/2024 |
If you would invest 0.00 in BCULC on November 26, 2024 and sell it all today you would earn a total of 0.00 from holding BCULC 35 15 FEB 29 or generate 0.0% return on investment in BCULC over 30 days. BCULC is related to or competes with Fevertree Drinks, Nordic Semiconductor, Micron Technology, Everspin Technologies, Globalfoundries, Weibo Corp, and NETGEAR. More
BCULC 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 BCULC'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 BCULC 35 15 FEB 29 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6748 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 3.28 | |||
| Value At Risk | (0.83) | |||
| Potential Upside | 0.8333 |
BCULC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BCULC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BCULC's standard deviation. In reality, there are many statistical measures that can use BCULC historical prices to predict the future BCULC's volatility.| Risk Adjusted Performance | 0.0179 | |||
| Jensen Alpha | 0.0046 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.1928 |
BCULC 35 15 Backtested Returns
BCULC 35 15 secures Sharpe Ratio (or Efficiency) of -0.21, which signifies that the bond had a -0.21% return per unit of volatility over the last 3 months. BCULC 35 15 FEB 29 exposes twenty-five different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BCULC's Mean Deviation of 0.426, coefficient of variation of 3632.62, and Market Risk Adjusted Performance of 0.2028 to double-check the risk estimate we provide. The entity shows a Beta (market volatility) of 0.0288, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BCULC's returns are expected to increase less than the market. However, during the bear market, the loss of holding BCULC is expected to be smaller as well.
Auto-correlation | -0.97 |
Near perfect reversele predictability
BCULC 35 15 FEB 29 has near perfect reversele predictability. Overlapping area represents the amount of predictability between BCULC time series from 26th of November 2024 to 11th of December 2024 and 11th of December 2024 to 26th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of BCULC 35 15 price movement. The serial correlation of -0.97 indicates that 97.0% of current BCULC price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.97 | |
| Spearman Rank Test | -1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.37 |
BCULC 35 15 lagged returns against current returns
Autocorrelation, which is BCULC 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 BCULC's bond expected returns. We can calculate the autocorrelation of BCULC returns to help us make a trade decision. For example, suppose you find that BCULC 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 |
BCULC 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 BCULC bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BCULC bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BCULC bond over time.
Current vs Lagged Prices |
| Timeline |
BCULC Lagged Returns
When evaluating BCULC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BCULC bond have on its future price. BCULC 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, BCULC autocorrelation shows the relationship between BCULC bond current value and its past values and can show if there is a momentum factor associated with investing in BCULC 35 15 FEB 29.
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 BCULC Bond
BCULC financial ratios help investors to determine whether BCULC 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 BCULC with respect to the benefits of owning BCULC security.