BK 4625 31 DEC 99 Market Value
| 064058AF7 | 91.46 6.63 6.76% |
| Symbol | 064058AF7 |
Please note, there is a significant difference between 064058AF7's value and its price as these two are different measures arrived at by different means. Investors typically determine if 064058AF7 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 064058AF7'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.
064058AF7 '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 064058AF7'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 064058AF7.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in 064058AF7 on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding BK 4625 31 DEC 99 or generate 0.0% return on investment in 064058AF7 over 30 days. 064058AF7 is related to or competes with Fidus Investment, Aegon NV, Tradeweb Markets, Asbury Automotive, Cedar Realty, Fast Retailing, and ATRenew. More
064058AF7 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 064058AF7'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 BK 4625 31 DEC 99 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 16.74 | |||
| Value At Risk | (5.16) | |||
| Potential Upside | 4.01 |
064058AF7 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 064058AF7's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 064058AF7's standard deviation. In reality, there are many statistical measures that can use 064058AF7 historical prices to predict the future 064058AF7's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | 0.0202 | |||
| Total Risk Alpha | (0.51) | |||
| Treynor Ratio | 0.1078 |
BK 4625 31 Backtested Returns
BK 4625 31 retains Efficiency (Sharpe Ratio) of -0.0654, which signifies that the bond had a -0.0654% return per unit of price deviation over the last 3 months. 064058AF7 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 064058AF7's Information Ratio of (0.1), market risk adjusted performance of 0.1178, and Variance of 5.82 to double-check the risk estimate we provide. The bond owns a Beta (Systematic Risk) of -1.02, which signifies a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning 064058AF7 are expected to decrease slowly. On the other hand, during market turmoil, 064058AF7 is expected to outperform it slightly.
Auto-correlation | 0.67 |
Good predictability
BK 4625 31 DEC 99 has good predictability. Overlapping area represents the amount of predictability between 064058AF7 time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd 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 BK 4625 31 price movement. The serial correlation of 0.67 indicates that around 67.0% of current 064058AF7 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 3.99 |
BK 4625 31 lagged returns against current returns
Autocorrelation, which is 064058AF7 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 064058AF7's bond expected returns. We can calculate the autocorrelation of 064058AF7 returns to help us make a trade decision. For example, suppose you find that 064058AF7 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 |
064058AF7 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 064058AF7 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 064058AF7 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 064058AF7 bond over time.
Current vs Lagged Prices |
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064058AF7 Lagged Returns
When evaluating 064058AF7's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 064058AF7 bond have on its future price. 064058AF7 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, 064058AF7 autocorrelation shows the relationship between 064058AF7 bond current value and its past values and can show if there is a momentum factor associated with investing in BK 4625 31 DEC 99.
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 064058AF7 Bond
064058AF7 financial ratios help investors to determine whether 064058AF7 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 064058AF7 with respect to the benefits of owning 064058AF7 security.