APA 775 15 DEC 29 Market Value
| 03746AAA8 | 107.31 1.86 1.70% |
| Symbol | 03746AAA8 |
Please note, there is a significant difference between 03746AAA8's value and its price as these two are different measures arrived at by different means. Investors typically determine if 03746AAA8 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 03746AAA8'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.
03746AAA8 '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 03746AAA8'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 03746AAA8.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in 03746AAA8 on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding APA 775 15 DEC 29 or generate 0.0% return on investment in 03746AAA8 over 30 days. 03746AAA8 is related to or competes with Turning Point, 17 Education, Coursera, Daily Journal, Scholastic, Ambev SA, and AMREP. More
03746AAA8 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 03746AAA8'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 APA 775 15 DEC 29 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.31) | |||
| Maximum Drawdown | 2.71 | |||
| Value At Risk | (0.97) | |||
| Potential Upside | 0.7368 |
03746AAA8 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 03746AAA8's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 03746AAA8's standard deviation. In reality, there are many statistical measures that can use 03746AAA8 historical prices to predict the future 03746AAA8's volatility.| Risk Adjusted Performance | (0.05) | |||
| Total Risk Alpha | (0.14) |
APA 775 15 Backtested Returns
APA 775 15 retains Efficiency (Sharpe Ratio) of -0.12, which signifies that the bond had a -0.12% return per unit of price deviation over the last 3 months. 03746AAA8 exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 03746AAA8's Mean Deviation of 0.4267, total risk alpha of (0.14), and Information Ratio of (0.31) to double-check the risk estimate we provide. The bond owns a Beta (Systematic Risk) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and 03746AAA8 are completely uncorrelated.
Auto-correlation | 0.36 |
Below average predictability
APA 775 15 DEC 29 has below average predictability. Overlapping area represents the amount of predictability between 03746AAA8 time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 APA 775 15 price movement. The serial correlation of 0.36 indicates that just about 36.0% of current 03746AAA8 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.62 |
APA 775 15 lagged returns against current returns
Autocorrelation, which is 03746AAA8 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 03746AAA8's bond expected returns. We can calculate the autocorrelation of 03746AAA8 returns to help us make a trade decision. For example, suppose you find that 03746AAA8 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 |
03746AAA8 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 03746AAA8 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 03746AAA8 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 03746AAA8 bond over time.
Current vs Lagged Prices |
| Timeline |
03746AAA8 Lagged Returns
When evaluating 03746AAA8's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 03746AAA8 bond have on its future price. 03746AAA8 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, 03746AAA8 autocorrelation shows the relationship between 03746AAA8 bond current value and its past values and can show if there is a momentum factor associated with investing in APA 775 15 DEC 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 03746AAA8 Bond
03746AAA8 financial ratios help investors to determine whether 03746AAA8 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 03746AAA8 with respect to the benefits of owning 03746AAA8 security.