BMW 37 01 APR 32 Market Value
| 05565ECB9 | 90.67 1.43 1.55% |
| Symbol | 05565ECB9 |
Please note, there is a significant difference between 05565ECB9's value and its price as these two are different measures arrived at by different means. Investors typically determine if 05565ECB9 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 05565ECB9'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.
05565ECB9 '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 05565ECB9'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 05565ECB9.
| 08/28/2024 |
| 11/26/2024 |
If you would invest 0.00 in 05565ECB9 on August 28, 2024 and sell it all today you would earn a total of 0.00 from holding BMW 37 01 APR 32 or generate 0.0% return on investment in 05565ECB9 over 90 days. 05565ECB9 is related to or competes with NioCorp Developments, Digi International, Evolution Mining, Asure Software, and NETGEAR. More
05565ECB9 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 05565ECB9'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 BMW 37 01 APR 32 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 2.65 | |||
| Value At Risk | (0.98) | |||
| Potential Upside | 0.829 |
05565ECB9 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 05565ECB9's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 05565ECB9's standard deviation. In reality, there are many statistical measures that can use 05565ECB9 historical prices to predict the future 05565ECB9's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | 0.8422 |
BMW 37 01 Backtested Returns
BMW 37 01 secures Sharpe Ratio (or Efficiency) of -0.2, which signifies that the bond had a -0.2% return per unit of risk over the last 3 months. BMW 37 01 APR 32 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 05565ECB9's Standard Deviation of 0.6153, risk adjusted performance of (0.03), and Mean Deviation of 0.4972 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.0337, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 05565ECB9 are expected to decrease at a much lower rate. During the bear market, 05565ECB9 is likely to outperform the market.
Auto-correlation | 0.58 |
Modest predictability
BMW 37 01 APR 32 has modest predictability. Overlapping area represents the amount of predictability between 05565ECB9 time series from 28th of August 2024 to 12th of October 2024 and 12th of October 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 BMW 37 01 price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current 05565ECB9 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.58 | |
| Spearman Rank Test | 0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 0.4 |
BMW 37 01 lagged returns against current returns
Autocorrelation, which is 05565ECB9 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 05565ECB9's bond expected returns. We can calculate the autocorrelation of 05565ECB9 returns to help us make a trade decision. For example, suppose you find that 05565ECB9 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 |
05565ECB9 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 05565ECB9 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 05565ECB9 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 05565ECB9 bond over time.
Current vs Lagged Prices |
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05565ECB9 Lagged Returns
When evaluating 05565ECB9's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 05565ECB9 bond have on its future price. 05565ECB9 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, 05565ECB9 autocorrelation shows the relationship between 05565ECB9 bond current value and its past values and can show if there is a momentum factor associated with investing in BMW 37 01 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 05565ECB9 Bond
05565ECB9 financial ratios help investors to determine whether 05565ECB9 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 05565ECB9 with respect to the benefits of owning 05565ECB9 security.