BMO 37 07 JUN 25 Market Value
| 06368D3S1 | 96.84 2.66 2.67% |
| Symbol | 06368D3S1 |
Please note, there is a significant difference between 06368D3S1's value and its price as these two are different measures arrived at by different means. Investors typically determine if 06368D3S1 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 06368D3S1'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.
06368D3S1 '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 06368D3S1'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 06368D3S1.
| 06/10/2023 |
| 12/01/2024 |
If you would invest 0.00 in 06368D3S1 on June 10, 2023 and sell it all today you would earn a total of 0.00 from holding BMO 37 07 JUN 25 or generate 0.0% return on investment in 06368D3S1 over 540 days. 06368D3S1 is related to or competes with ATT, Home Depot, Cisco Systems, Dupont De, GE Aerospace, Johnson Johnson, and Intel. More
06368D3S1 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 06368D3S1'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 BMO 37 07 JUN 25 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.42) | |||
| Maximum Drawdown | 2.16 | |||
| Value At Risk | (0.23) | |||
| Potential Upside | 0.2013 |
06368D3S1 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 06368D3S1's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 06368D3S1's standard deviation. In reality, there are many statistical measures that can use 06368D3S1 historical prices to predict the future 06368D3S1's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | 2.76 |
BMO 37 07 Backtested Returns
BMO 37 07 secures Sharpe Ratio (or Efficiency) of -0.0703, which signifies that the bond had a -0.0703% return per unit of price deviation over the last 3 months. BMO 37 07 JUN 25 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 06368D3S1's Mean Deviation of 0.1776, variance of 0.165, and Risk Adjusted Performance of (0.07) to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.0157, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 06368D3S1 are expected to decrease at a much lower rate. During the bear market, 06368D3S1 is likely to outperform the market.
Auto-correlation | 0.86 |
Very good predictability
BMO 37 07 JUN 25 has very good predictability. Overlapping area represents the amount of predictability between 06368D3S1 time series from 10th of June 2023 to 6th of March 2024 and 6th of March 2024 to 1st of December 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 BMO 37 07 price movement. The serial correlation of 0.86 indicates that approximately 86.0% of current 06368D3S1 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.86 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 0.3 |
BMO 37 07 lagged returns against current returns
Autocorrelation, which is 06368D3S1 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 06368D3S1's bond expected returns. We can calculate the autocorrelation of 06368D3S1 returns to help us make a trade decision. For example, suppose you find that 06368D3S1 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 |
06368D3S1 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 06368D3S1 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 06368D3S1 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 06368D3S1 bond over time.
Current vs Lagged Prices |
| Timeline |
06368D3S1 Lagged Returns
When evaluating 06368D3S1's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 06368D3S1 bond have on its future price. 06368D3S1 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, 06368D3S1 autocorrelation shows the relationship between 06368D3S1 bond current value and its past values and can show if there is a momentum factor associated with investing in BMO 37 07 JUN 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 06368D3S1 Bond
06368D3S1 financial ratios help investors to determine whether 06368D3S1 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 06368D3S1 with respect to the benefits of owning 06368D3S1 security.