BAC 3384 02 APR 26 Market Value
| 06051GKM0 | 97.79 2.09 2.09% |
| Symbol | 06051GKM0 |
Please note, there is a significant difference between 06051GKM0's value and its price as these two are different measures arrived at by different means. Investors typically determine if 06051GKM0 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 06051GKM0'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.
06051GKM0 '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 06051GKM0'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 06051GKM0.
| 02/25/2025 |
| 03/27/2025 |
If you would invest 0.00 in 06051GKM0 on February 25, 2025 and sell it all today you would earn a total of 0.00 from holding BAC 3384 02 APR 26 or generate 0.0% return on investment in 06051GKM0 over 30 days. 06051GKM0 is related to or competes with Emerson Electric, HNI Corp, Highway Holdings, and Vodka Brands. More
06051GKM0 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 06051GKM0'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 3384 02 APR 26 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 6.01 | |||
| Value At Risk | (1.54) | |||
| Potential Upside | 0.6592 |
06051GKM0 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 06051GKM0's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 06051GKM0's standard deviation. In reality, there are many statistical measures that can use 06051GKM0 historical prices to predict the future 06051GKM0's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | 1.34 |
BAC 3384 02 Backtested Returns
BAC 3384 02 retains Efficiency (Sharpe Ratio) of -0.11, which signifies that the bond had a -0.11 % return per unit of price deviation over the last 3 months. 06051GKM0 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 06051GKM0's Variance of 0.694, market risk adjusted performance of 1.35, and Information Ratio of (0.04) to double-check the risk estimate we provide. The entity owns a Beta (Systematic Risk) of -0.026, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 06051GKM0 are expected to decrease at a much lower rate. During the bear market, 06051GKM0 is likely to outperform the market.
Auto-correlation | 0.24 |
Weak predictability
BAC 3384 02 APR 26 has weak predictability. Overlapping area represents the amount of predictability between 06051GKM0 time series from 25th of February 2025 to 12th of March 2025 and 12th of March 2025 to 27th of March 2025. 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 3384 02 price movement. The serial correlation of 0.24 indicates that over 24.0% of current 06051GKM0 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.24 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.33 |
BAC 3384 02 lagged returns against current returns
Autocorrelation, which is 06051GKM0 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 06051GKM0's bond expected returns. We can calculate the autocorrelation of 06051GKM0 returns to help us make a trade decision. For example, suppose you find that 06051GKM0 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 |
06051GKM0 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 06051GKM0 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 06051GKM0 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 06051GKM0 bond over time.
Current vs Lagged Prices |
| Timeline |
06051GKM0 Lagged Returns
When evaluating 06051GKM0's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 06051GKM0 bond have on its future price. 06051GKM0 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, 06051GKM0 autocorrelation shows the relationship between 06051GKM0 bond current value and its past values and can show if there is a momentum factor associated with investing in BAC 3384 02 APR 26.
Regressed Prices |
| Timeline |
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| ASLE | AerSale Corp | |
| ATS | AT S Austria |
Other Information on Investing in 06051GKM0 Bond
06051GKM0 financial ratios help investors to determine whether 06051GKM0 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 06051GKM0 with respect to the benefits of owning 06051GKM0 security.