Assurant 7 percent Market Value
| 04621XAK4 | 104.50 1.94 1.89% |
| Symbol | Assurant |
Assurant '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 Assurant'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 Assurant.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Assurant on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Assurant 7 percent or generate 0.0% return on investment in Assurant over 30 days. Assurant is related to or competes with 00108WAF7, 90331HPL1, Charles Schwab, Knightscope, Liberty Media, Marvell Technology, and GM. More
Assurant 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 Assurant'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 Assurant 7 percent upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 8.14 | |||
| Value At Risk | (3.16) | |||
| Potential Upside | 2.07 |
Assurant Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Assurant's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Assurant's standard deviation. In reality, there are many statistical measures that can use Assurant historical prices to predict the future Assurant's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | 0.6939 |
Assurant 7 percent Backtested Returns
Assurant 7 percent secures Sharpe Ratio (or Efficiency) of -0.0396, which signifies that the bond had a -0.0396% return per unit of risk over the last 3 months. Assurant 7 percent exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Assurant's Standard Deviation of 1.86, risk adjusted performance of (0.03), and Mean Deviation of 1.34 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.14, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Assurant are expected to decrease at a much lower rate. During the bear market, Assurant is likely to outperform the market.
Auto-correlation | 0.81 |
Very good predictability
Assurant 7 percent has very good predictability. Overlapping area represents the amount of predictability between Assurant 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 Assurant 7 percent price movement. The serial correlation of 0.81 indicates that around 81.0% of current Assurant price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.81 | |
| Spearman Rank Test | 0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 0.57 |
Assurant 7 percent lagged returns against current returns
Autocorrelation, which is Assurant 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 Assurant's bond expected returns. We can calculate the autocorrelation of Assurant returns to help us make a trade decision. For example, suppose you find that Assurant 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 |
Assurant 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 Assurant bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Assurant bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Assurant bond over time.
Current vs Lagged Prices |
| Timeline |
Assurant Lagged Returns
When evaluating Assurant's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Assurant bond have on its future price. Assurant 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, Assurant autocorrelation shows the relationship between Assurant bond current value and its past values and can show if there is a momentum factor associated with investing in Assurant 7 percent.
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 Assurant Bond
Assurant financial ratios help investors to determine whether Assurant 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 Assurant with respect to the benefits of owning Assurant security.