SILAMX 5375 04 APR 32 Market Value
| 03217KAB4 | 92.95 1.66 1.75% |
| Symbol | SILAMX |
Please note, there is a significant difference between SILAMX's value and its price as these two are different measures arrived at by different means. Investors typically determine if SILAMX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SILAMX'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.
SILAMX '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 SILAMX'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 SILAMX.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in SILAMX on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding SILAMX 5375 04 APR 32 or generate 0.0% return on investment in SILAMX over 30 days. SILAMX is related to or competes with AerCap Holdings, Hertz Global, Willscot Mobile, Canlan Ice, FTAI Aviation, Herc Holdings, and Yuexiu Transport. More
SILAMX 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 SILAMX'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 SILAMX 5375 04 APR 32 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 5.81 | |||
| Value At Risk | (1.31) | |||
| Potential Upside | 1.03 |
SILAMX Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SILAMX's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SILAMX's standard deviation. In reality, there are many statistical measures that can use SILAMX historical prices to predict the future SILAMX's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (0.52) |
SILAMX 5375 04 Backtested Returns
SILAMX 5375 04 owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.19, which indicates the bond had a -0.19% return per unit of volatility over the last 3 months. SILAMX 5375 04 APR 32 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SILAMX's risk adjusted performance of (0.01), and Variance of 1.09 to confirm the risk estimate we provide. The entity has a beta of 0.0566, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SILAMX's returns are expected to increase less than the market. However, during the bear market, the loss of holding SILAMX is expected to be smaller as well.
Auto-correlation | 0.45 |
Average predictability
SILAMX 5375 04 APR 32 has average predictability. Overlapping area represents the amount of predictability between SILAMX time series from 27th of October 2024 to 11th of November 2024 and 11th of November 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 SILAMX 5375 04 price movement. The serial correlation of 0.45 indicates that just about 45.0% of current SILAMX price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.45 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 1.94 |
SILAMX 5375 04 lagged returns against current returns
Autocorrelation, which is SILAMX 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 SILAMX's bond expected returns. We can calculate the autocorrelation of SILAMX returns to help us make a trade decision. For example, suppose you find that SILAMX 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 |
SILAMX 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 SILAMX bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SILAMX bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SILAMX bond over time.
Current vs Lagged Prices |
| Timeline |
SILAMX Lagged Returns
When evaluating SILAMX's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SILAMX bond have on its future price. SILAMX 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, SILAMX autocorrelation shows the relationship between SILAMX bond current value and its past values and can show if there is a momentum factor associated with investing in SILAMX 5375 04 APR 32.
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 SILAMX Bond
SILAMX financial ratios help investors to determine whether SILAMX 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 SILAMX with respect to the benefits of owning SILAMX security.