ORBIA 675 19 SEP 42 Market Value
| P57908AE8 | 98.10 0.00 0.00% |
| Symbol | ORBIA |
Please note, there is a significant difference between ORBIA's value and its price as these two are different measures arrived at by different means. Investors typically determine if ORBIA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ORBIA'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.
ORBIA '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 ORBIA'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 ORBIA.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in ORBIA on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding ORBIA 675 19 SEP 42 or generate 0.0% return on investment in ORBIA over 30 days. ORBIA is related to or competes with Sun Country, RCS MediaGroup, Perseus Mining, Zijin Mining, Saia, Ryanair Holdings, and JD Sports. More
ORBIA 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 ORBIA'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 ORBIA 675 19 SEP 42 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9662 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 10.63 | |||
| Value At Risk | (1.70) | |||
| Potential Upside | 1.39 |
ORBIA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ORBIA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ORBIA's standard deviation. In reality, there are many statistical measures that can use ORBIA historical prices to predict the future ORBIA's volatility.| Risk Adjusted Performance | 0.0176 | |||
| Jensen Alpha | (0.0001) | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | (0.10) | |||
| Treynor Ratio | 0.1136 |
ORBIA 675 19 Backtested Returns
ORBIA 675 19 retains Efficiency (Sharpe Ratio) of -0.19, which implies the entity had a -0.19% return per unit of risk over the last 3 months. ORBIA exposes twenty-five different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check ORBIA's semi deviation of 0.8845, and Market Risk Adjusted Performance of 0.1236 to confirm the risk estimate we provide. The bond owns a Beta (Systematic Risk) of 0.13, which implies not very significant fluctuations relative to the market. As returns on the market increase, ORBIA's returns are expected to increase less than the market. However, during the bear market, the loss of holding ORBIA is expected to be smaller as well.
Auto-correlation | -0.06 |
Very weak reverse predictability
ORBIA 675 19 SEP 42 has very weak reverse predictability. Overlapping area represents the amount of predictability between ORBIA time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 ORBIA 675 19 price movement. The serial correlation of -0.06 indicates that barely 6.0% of current ORBIA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.06 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
ORBIA 675 19 lagged returns against current returns
Autocorrelation, which is ORBIA 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 ORBIA's bond expected returns. We can calculate the autocorrelation of ORBIA returns to help us make a trade decision. For example, suppose you find that ORBIA 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 |
ORBIA 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 ORBIA bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ORBIA bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ORBIA bond over time.
Current vs Lagged Prices |
| Timeline |
ORBIA Lagged Returns
When evaluating ORBIA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ORBIA bond have on its future price. ORBIA 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, ORBIA autocorrelation shows the relationship between ORBIA bond current value and its past values and can show if there is a momentum factor associated with investing in ORBIA 675 19 SEP 42.
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 ORBIA Bond
ORBIA financial ratios help investors to determine whether ORBIA 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 ORBIA with respect to the benefits of owning ORBIA security.