AON PLC 3875 Market Value
| 00185AAK0 | 99.09 0.01 0.01% |
| Symbol | 00185AAK0 |
00185AAK0 '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 00185AAK0'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 00185AAK0.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in 00185AAK0 on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding AON PLC 3875 or generate 0.0% return on investment in 00185AAK0 over 30 days. 00185AAK0 is related to or competes with Grupo Simec, Maanshan Iron, Avadel Pharmaceuticals, Kaiser Aluminum, United States, Aquestive Therapeutics, and Allegheny Technologies. More
00185AAK0 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 00185AAK0'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 AON PLC 3875 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.81) | |||
| Maximum Drawdown | 0.8764 | |||
| Value At Risk | (0.23) | |||
| Potential Upside | 0.1815 |
00185AAK0 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 00185AAK0's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 00185AAK0's standard deviation. In reality, there are many statistical measures that can use 00185AAK0 historical prices to predict the future 00185AAK0's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | (0.30) |
AON PLC 3875 Backtested Returns
AON PLC 3875 secures Sharpe Ratio (or Efficiency) of -0.0289, which signifies that the bond had a -0.0289% return per unit of price deviation over the last 3 months. AON PLC 3875 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 00185AAK0's Variance of 0.0241, risk adjusted performance of (0.05), and Mean Deviation of 0.0944 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of 0.0372, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 00185AAK0's returns are expected to increase less than the market. However, during the bear market, the loss of holding 00185AAK0 is expected to be smaller as well.
Auto-correlation | 0.21 |
Weak predictability
AON PLC 3875 has weak predictability. Overlapping area represents the amount of predictability between 00185AAK0 time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 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 AON PLC 3875 price movement. The serial correlation of 0.21 indicates that over 21.0% of current 00185AAK0 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | -0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
AON PLC 3875 lagged returns against current returns
Autocorrelation, which is 00185AAK0 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 00185AAK0's bond expected returns. We can calculate the autocorrelation of 00185AAK0 returns to help us make a trade decision. For example, suppose you find that 00185AAK0 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 |
00185AAK0 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 00185AAK0 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 00185AAK0 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 00185AAK0 bond over time.
Current vs Lagged Prices |
| Timeline |
00185AAK0 Lagged Returns
When evaluating 00185AAK0's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 00185AAK0 bond have on its future price. 00185AAK0 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, 00185AAK0 autocorrelation shows the relationship between 00185AAK0 bond current value and its past values and can show if there is a momentum factor associated with investing in AON PLC 3875.
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 00185AAK0 Bond
00185AAK0 financial ratios help investors to determine whether 00185AAK0 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 00185AAK0 with respect to the benefits of owning 00185AAK0 security.