LUMN 45 15 JAN 29 Market Value
| U1566PAD7 | 67.05 18.18 21.33% |
| Symbol | U1566PAD7 |
Please note, there is a significant difference between U1566PAD7's value and its price as these two are different measures arrived at by different means. Investors typically determine if U1566PAD7 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, U1566PAD7'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.
U1566PAD7 '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 U1566PAD7'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 U1566PAD7.
| 11/24/2024 |
| 12/24/2024 |
If you would invest 0.00 in U1566PAD7 on November 24, 2024 and sell it all today you would earn a total of 0.00 from holding LUMN 45 15 JAN 29 or generate 0.0% return on investment in U1566PAD7 over 30 days. U1566PAD7 is related to or competes with MI Homes, Western Acquisition, Hudson Pacific, Sabre Corpo, Jacobs Solutions, Hurco Companies, and Hooker Furniture. More
U1566PAD7 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 U1566PAD7'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 LUMN 45 15 JAN 29 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 9.9 | |||
| Information Ratio | 0.1627 | |||
| Maximum Drawdown | 76.07 | |||
| Value At Risk | (8.20) | |||
| Potential Upside | 17.0 |
U1566PAD7 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for U1566PAD7's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as U1566PAD7's standard deviation. In reality, there are many statistical measures that can use U1566PAD7 historical prices to predict the future U1566PAD7's volatility.| Risk Adjusted Performance | 0.141 | |||
| Jensen Alpha | 1.53 | |||
| Total Risk Alpha | 1.23 | |||
| Sortino Ratio | 0.1491 | |||
| Treynor Ratio | (1.13) |
LUMN 45 15 Backtested Returns
At this point, U1566PAD7 is very steady. LUMN 45 15 owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0128, which indicates the bond had a 0.0128% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for LUMN 45 15 JAN 29, which you can use to evaluate the volatility of the bond. Please validate U1566PAD7's market risk adjusted performance of (1.12), and Risk Adjusted Performance of 0.141 to confirm if the risk estimate we provide is consistent with the expected return of 0.054%. The entity has a beta of -1.33, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning U1566PAD7 are expected to decrease by larger amounts. On the other hand, during market turmoil, U1566PAD7 is expected to outperform it.
Auto-correlation | -0.92 |
Near perfect reversele predictability
LUMN 45 15 JAN 29 has near perfect reversele predictability. Overlapping area represents the amount of predictability between U1566PAD7 time series from 24th of November 2024 to 9th of December 2024 and 9th of December 2024 to 24th 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 LUMN 45 15 price movement. The serial correlation of -0.92 indicates that approximately 92.0% of current U1566PAD7 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.92 | |
| Spearman Rank Test | -0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 0.44 |
LUMN 45 15 lagged returns against current returns
Autocorrelation, which is U1566PAD7 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 U1566PAD7's bond expected returns. We can calculate the autocorrelation of U1566PAD7 returns to help us make a trade decision. For example, suppose you find that U1566PAD7 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 |
U1566PAD7 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 U1566PAD7 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if U1566PAD7 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in U1566PAD7 bond over time.
Current vs Lagged Prices |
| Timeline |
U1566PAD7 Lagged Returns
When evaluating U1566PAD7's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of U1566PAD7 bond have on its future price. U1566PAD7 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, U1566PAD7 autocorrelation shows the relationship between U1566PAD7 bond current value and its past values and can show if there is a momentum factor associated with investing in LUMN 45 15 JAN 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 U1566PAD7 Bond
U1566PAD7 financial ratios help investors to determine whether U1566PAD7 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 U1566PAD7 with respect to the benefits of owning U1566PAD7 security.