BAC 153 06 DEC 25 Market Value
| 06051GKE8 | 94.75 5.15 5.16% |
| Symbol | 06051GKE8 |
Please note, there is a significant difference between 06051GKE8's value and its price as these two are different measures arrived at by different means. Investors typically determine if 06051GKE8 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 06051GKE8'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.
06051GKE8 '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 06051GKE8'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 06051GKE8.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in 06051GKE8 on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding BAC 153 06 DEC 25 or generate 0.0% return on investment in 06051GKE8 over 30 days. 06051GKE8 is related to or competes with Zhihu, Pinterest, SmartStop Self, NiSource, Kenon Holdings, Rumble, and GE Vernova. More
06051GKE8 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 06051GKE8'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 BAC 153 06 DEC 25 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 6.53 | |||
| Value At Risk | (0.49) | |||
| Potential Upside | 0.3833 |
06051GKE8 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 06051GKE8's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 06051GKE8's standard deviation. In reality, there are many statistical measures that can use 06051GKE8 historical prices to predict the future 06051GKE8's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | 0.2074 |
BAC 153 06 Backtested Returns
BAC 153 06 retains Efficiency (Sharpe Ratio) of -0.0919, which signifies that the bond had a -0.0919% return per unit of price deviation over the last 3 months. 06051GKE8 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 06051GKE8's Variance of 1.15, market risk adjusted performance of 0.2174, and Information Ratio of (0.18) to double-check the risk estimate we provide. The entity owns a Beta (Systematic Risk) of -0.33, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning 06051GKE8 are expected to decrease at a much lower rate. During the bear market, 06051GKE8 is likely to outperform the market.
Auto-correlation | -0.13 |
Insignificant reverse predictability
BAC 153 06 DEC 25 has insignificant reverse predictability. Overlapping area represents the amount of predictability between 06051GKE8 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 BAC 153 06 price movement. The serial correlation of -0.13 indicates that less than 13.0% of current 06051GKE8 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | 0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 2.08 |
BAC 153 06 lagged returns against current returns
Autocorrelation, which is 06051GKE8 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 06051GKE8's bond expected returns. We can calculate the autocorrelation of 06051GKE8 returns to help us make a trade decision. For example, suppose you find that 06051GKE8 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 |
06051GKE8 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 06051GKE8 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 06051GKE8 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 06051GKE8 bond over time.
Current vs Lagged Prices |
| Timeline |
06051GKE8 Lagged Returns
When evaluating 06051GKE8's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 06051GKE8 bond have on its future price. 06051GKE8 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, 06051GKE8 autocorrelation shows the relationship between 06051GKE8 bond current value and its past values and can show if there is a momentum factor associated with investing in BAC 153 06 DEC 25.
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 06051GKE8 Bond
06051GKE8 financial ratios help investors to determine whether 06051GKE8 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 06051GKE8 with respect to the benefits of owning 06051GKE8 security.