Ball 4875 percent Market Value
| 058498AV8 | 97.32 2.44 2.45% |
| Symbol | 058498AV8 |
058498AV8 '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 058498AV8'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 058498AV8.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in 058498AV8 on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Ball 4875 percent or generate 0.0% return on investment in 058498AV8 over 540 days. 058498AV8 is related to or competes with 00108WAF7, 90331HPL1, Bank of America, GE Aerospace, Dupont De, International Business, and McDonalds. More
058498AV8 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 058498AV8'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 Ball 4875 percent upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.38) | |||
| Maximum Drawdown | 2.0 | |||
| Value At Risk | (0.79) | |||
| Potential Upside | 0.6323 |
058498AV8 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 058498AV8's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 058498AV8's standard deviation. In reality, there are many statistical measures that can use 058498AV8 historical prices to predict the future 058498AV8's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (0.49) |
Ball 4875 percent Backtested Returns
Ball 4875 percent secures Sharpe Ratio (or Efficiency) of -0.0783, which signifies that the bond had a -0.0783% return per unit of volatility over the last 3 months. Ball 4875 percent exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 058498AV8's mean deviation of 0.3131, and Risk Adjusted Performance of (0.07) to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of 0.0896, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 058498AV8's returns are expected to increase less than the market. However, during the bear market, the loss of holding 058498AV8 is expected to be smaller as well.
Auto-correlation | 0.61 |
Good predictability
Ball 4875 percent has good predictability. Overlapping area represents the amount of predictability between 058498AV8 time series from 8th of June 2023 to 4th of March 2024 and 4th of March 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 Ball 4875 percent price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current 058498AV8 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.61 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.35 |
Ball 4875 percent lagged returns against current returns
Autocorrelation, which is 058498AV8 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 058498AV8's bond expected returns. We can calculate the autocorrelation of 058498AV8 returns to help us make a trade decision. For example, suppose you find that 058498AV8 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 |
058498AV8 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 058498AV8 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 058498AV8 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 058498AV8 bond over time.
Current vs Lagged Prices |
| Timeline |
058498AV8 Lagged Returns
When evaluating 058498AV8's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 058498AV8 bond have on its future price. 058498AV8 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, 058498AV8 autocorrelation shows the relationship between 058498AV8 bond current value and its past values and can show if there is a momentum factor associated with investing in Ball 4875 percent.
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 058498AV8 Bond
058498AV8 financial ratios help investors to determine whether 058498AV8 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 058498AV8 with respect to the benefits of owning 058498AV8 security.