APAAU 425 15 JUL 27 Market Value
| 00205GAD9 | 96.69 1.69 1.72% |
| Symbol | APAAU |
Please note, there is a significant difference between APAAU's value and its price as these two are different measures arrived at by different means. Investors typically determine if APAAU is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, APAAU'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.
APAAU '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 APAAU'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 APAAU.
| 05/30/2024 |
| 11/26/2024 |
If you would invest 0.00 in APAAU on May 30, 2024 and sell it all today you would earn a total of 0.00 from holding APAAU 425 15 JUL 27 or generate 0.0% return on investment in APAAU over 180 days. APAAU is related to or competes with East Africa, Ferrari NV, Sandstorm Gold, Rivian Automotive, U Power, Gentex, and Lion One. More
APAAU 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 APAAU'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 APAAU 425 15 JUL 27 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 4.99 | |||
| Value At Risk | (1.03) | |||
| Potential Upside | 0.6987 |
APAAU Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for APAAU's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as APAAU's standard deviation. In reality, there are many statistical measures that can use APAAU historical prices to predict the future APAAU's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | 0.214 |
APAAU 425 15 Backtested Returns
APAAU 425 15 retains Efficiency (Sharpe Ratio) of -0.31, which signifies that the bond had a -0.31% return per unit of risk over the last 3 months. APAAU exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm APAAU's variance of 0.6739, and Market Risk Adjusted Performance of 0.224 to double-check the risk estimate we provide. The bond owns a Beta (Systematic Risk) of -0.1, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning APAAU are expected to decrease at a much lower rate. During the bear market, APAAU is likely to outperform the market.
Auto-correlation | -0.91 |
Near perfect reversele predictability
APAAU 425 15 JUL 27 has near perfect reversele predictability. Overlapping area represents the amount of predictability between APAAU time series from 30th of May 2024 to 28th of August 2024 and 28th of August 2024 to 26th 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 APAAU 425 15 price movement. The serial correlation of -0.91 indicates that approximately 91.0% of current APAAU price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.91 | |
| Spearman Rank Test | -0.84 | |
| Residual Average | 0.0 | |
| Price Variance | 0.83 |
APAAU 425 15 lagged returns against current returns
Autocorrelation, which is APAAU 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 APAAU's bond expected returns. We can calculate the autocorrelation of APAAU returns to help us make a trade decision. For example, suppose you find that APAAU 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 |
APAAU 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 APAAU bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if APAAU bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in APAAU bond over time.
Current vs Lagged Prices |
| Timeline |
APAAU Lagged Returns
When evaluating APAAU's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of APAAU bond have on its future price. APAAU 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, APAAU autocorrelation shows the relationship between APAAU bond current value and its past values and can show if there is a momentum factor associated with investing in APAAU 425 15 JUL 27.
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 APAAU Bond
APAAU financial ratios help investors to determine whether APAAU 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 APAAU with respect to the benefits of owning APAAU security.