BHI 2061 15 DEC 26 Market Value
| 05724BAD1 | 92.61 2.47 2.60% |
| Symbol | 05724BAD1 |
Please note, there is a significant difference between 05724BAD1's value and its price as these two are different measures arrived at by different means. Investors typically determine if 05724BAD1 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 05724BAD1'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.
05724BAD1 '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 05724BAD1'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 05724BAD1.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in 05724BAD1 on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding BHI 2061 15 DEC 26 or generate 0.0% return on investment in 05724BAD1 over 30 days. 05724BAD1 is related to or competes with Western Union, Commonwealth Bank, PennantPark Floating, KeyCorp, RBC Bearings, Franklin Wireless, and Virco Manufacturing. More
05724BAD1 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 05724BAD1'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 BHI 2061 15 DEC 26 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.28) | |||
| Maximum Drawdown | 4.04 | |||
| Value At Risk | (0.42) | |||
| Potential Upside | 0.2618 |
05724BAD1 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 05724BAD1's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 05724BAD1's standard deviation. In reality, there are many statistical measures that can use 05724BAD1 historical prices to predict the future 05724BAD1's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | 0.5638 |
BHI 2061 15 Backtested Returns
BHI 2061 15 secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the bond had a -0.12% return per unit of price deviation over the last 3 months. BHI 2061 15 DEC 26 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 05724BAD1's Variance of 0.3408, mean deviation of 0.2356, and Risk Adjusted Performance of (0.05) to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.0863, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 05724BAD1 are expected to decrease at a much lower rate. During the bear market, 05724BAD1 is likely to outperform the market.
Auto-correlation | 0.29 |
Poor predictability
BHI 2061 15 DEC 26 has poor predictability. Overlapping area represents the amount of predictability between 05724BAD1 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 BHI 2061 15 price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current 05724BAD1 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | 0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 1.36 |
BHI 2061 15 lagged returns against current returns
Autocorrelation, which is 05724BAD1 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 05724BAD1's bond expected returns. We can calculate the autocorrelation of 05724BAD1 returns to help us make a trade decision. For example, suppose you find that 05724BAD1 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 |
05724BAD1 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 05724BAD1 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 05724BAD1 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 05724BAD1 bond over time.
Current vs Lagged Prices |
| Timeline |
05724BAD1 Lagged Returns
When evaluating 05724BAD1's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 05724BAD1 bond have on its future price. 05724BAD1 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, 05724BAD1 autocorrelation shows the relationship between 05724BAD1 bond current value and its past values and can show if there is a momentum factor associated with investing in BHI 2061 15 DEC 26.
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 05724BAD1 Bond
05724BAD1 financial ratios help investors to determine whether 05724BAD1 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 05724BAD1 with respect to the benefits of owning 05724BAD1 security.