AVIAGP 9 01 DEC 28 Market Value
| 05368PAA7 | 86.79 11.96 12.11% |
| Symbol | AVIAGP |
Please note, there is a significant difference between AVIAGP's value and its price as these two are different measures arrived at by different means. Investors typically determine if AVIAGP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AVIAGP'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.
AVIAGP '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 AVIAGP'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 AVIAGP.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in AVIAGP on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding AVIAGP 9 01 DEC 28 or generate 0.0% return on investment in AVIAGP over 30 days. AVIAGP is related to or competes with ATT, Home Depot, Cisco Systems, Dupont De, GE Aerospace, Johnson Johnson, and Intel. More
AVIAGP 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 AVIAGP'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 AVIAGP 9 01 DEC 28 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 18.25 | |||
| Value At Risk | (1.36) | |||
| Potential Upside | 0.8166 |
AVIAGP Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AVIAGP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AVIAGP's standard deviation. In reality, there are many statistical measures that can use AVIAGP historical prices to predict the future AVIAGP's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.49) | |||
| Treynor Ratio | 0.1522 |
AVIAGP 9 01 Backtested Returns
AVIAGP 9 01 secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the bond had a -0.13% return per unit of return volatility over the last 3 months. AVIAGP 9 01 DEC 28 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AVIAGP's Risk Adjusted Performance of (0.02), mean deviation of 0.9518, and Coefficient Of Variation of (2,728) to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.69, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning AVIAGP are expected to decrease at a much lower rate. During the bear market, AVIAGP is likely to outperform the market.
Auto-correlation | 0.70 |
Good predictability
AVIAGP 9 01 DEC 28 has good predictability. Overlapping area represents the amount of predictability between AVIAGP time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 AVIAGP 9 01 price movement. The serial correlation of 0.7 indicates that around 70.0% of current AVIAGP price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.7 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
AVIAGP 9 01 lagged returns against current returns
Autocorrelation, which is AVIAGP 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 AVIAGP's bond expected returns. We can calculate the autocorrelation of AVIAGP returns to help us make a trade decision. For example, suppose you find that AVIAGP 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 |
AVIAGP 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 AVIAGP bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AVIAGP bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AVIAGP bond over time.
Current vs Lagged Prices |
| Timeline |
AVIAGP Lagged Returns
When evaluating AVIAGP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AVIAGP bond have on its future price. AVIAGP 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, AVIAGP autocorrelation shows the relationship between AVIAGP bond current value and its past values and can show if there is a momentum factor associated with investing in AVIAGP 9 01 DEC 28.
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 AVIAGP Bond
AVIAGP financial ratios help investors to determine whether AVIAGP 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 AVIAGP with respect to the benefits of owning AVIAGP security.