Alliant Holdings Intermediate Market Value
| 01883LAA1 | 92.25 7.55 7.57% |
| Symbol | Alliant |
Alliant '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 Alliant'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 Alliant.
| 12/06/2022 |
| 11/25/2024 |
If you would invest 0.00 in Alliant on December 6, 2022 and sell it all today you would earn a total of 0.00 from holding Alliant Holdings Intermediate or generate 0.0% return on investment in Alliant over 720 days. Alliant is related to or competes with Li Auto, BorgWarner, Gentex, Inflection Point, Rivian Automotive, and Harmony Gold. More
Alliant 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 Alliant'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 Alliant Holdings Intermediate upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 6.19 | |||
| Value At Risk | (0.41) | |||
| Potential Upside | 0.3108 |
Alliant Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alliant's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alliant's standard deviation. In reality, there are many statistical measures that can use Alliant historical prices to predict the future Alliant's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | (15.35) |
Alliant Holdings Int Backtested Returns
Alliant Holdings Int secures Sharpe Ratio (or Efficiency) of -0.0906, which signifies that the bond had a -0.0906% return per unit of risk over the last 3 months. Alliant Holdings Intermediate exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alliant's Standard Deviation of 1.25, risk adjusted performance of (0.07), and Mean Deviation of 0.4415 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of 0.008, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Alliant's returns are expected to increase less than the market. However, during the bear market, the loss of holding Alliant is expected to be smaller as well.
Auto-correlation | -0.03 |
Very weak reverse predictability
Alliant Holdings Intermediate has very weak reverse predictability. Overlapping area represents the amount of predictability between Alliant time series from 6th of December 2022 to 1st of December 2023 and 1st of December 2023 to 25th 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 Alliant Holdings Int price movement. The serial correlation of -0.03 indicates that only 3.0% of current Alliant price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.03 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 1.27 |
Alliant Holdings Int lagged returns against current returns
Autocorrelation, which is Alliant 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 Alliant's bond expected returns. We can calculate the autocorrelation of Alliant returns to help us make a trade decision. For example, suppose you find that Alliant 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 |
Alliant 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 Alliant bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alliant bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Alliant bond over time.
Current vs Lagged Prices |
| Timeline |
Alliant Lagged Returns
When evaluating Alliant's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Alliant bond have on its future price. Alliant 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, Alliant autocorrelation shows the relationship between Alliant bond current value and its past values and can show if there is a momentum factor associated with investing in Alliant Holdings Intermediate.
Regressed Prices |
| Timeline |
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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 Alliant Bond
Alliant financial ratios help investors to determine whether Alliant 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 Alliant with respect to the benefits of owning Alliant security.