BK 165 28 JAN 31 Market Value
| 06406RAR8 | 81.74 0.00 0.00% |
| Symbol | 06406RAR8 |
Please note, there is a significant difference between 06406RAR8's value and its price as these two are different measures arrived at by different means. Investors typically determine if 06406RAR8 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 06406RAR8'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.
06406RAR8 '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 06406RAR8'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 06406RAR8.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in 06406RAR8 on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding BK 165 28 JAN 31 or generate 0.0% return on investment in 06406RAR8 over 30 days. 06406RAR8 is related to or competes with 00108WAF7, 90331HPL1, 3M, Alcoa Corp, ATT, Johnson Johnson, and Intel. More
06406RAR8 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 06406RAR8'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 165 28 JAN 31 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 5.99 | |||
| Value At Risk | (0.85) | |||
| Potential Upside | 0.5815 |
06406RAR8 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 06406RAR8's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 06406RAR8's standard deviation. In reality, there are many statistical measures that can use 06406RAR8 historical prices to predict the future 06406RAR8's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (0.30) |
BK 165 28 Backtested Returns
BK 165 28 retains Efficiency (Sharpe Ratio) of -0.16, which signifies that the bond had a -0.16% return per unit of price deviation over the last 3 months. 06406RAR8 exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 06406RAR8's Variance of 0.7442, market risk adjusted performance of (0.29), and Information Ratio of (0.19) to double-check the risk estimate we provide. The bond owns a Beta (Systematic Risk) of 0.16, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 06406RAR8's returns are expected to increase less than the market. However, during the bear market, the loss of holding 06406RAR8 is expected to be smaller as well.
Auto-correlation | -0.57 |
Good reverse predictability
BK 165 28 JAN 31 has good reverse predictability. Overlapping area represents the amount of predictability between 06406RAR8 time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 BK 165 28 price movement. The serial correlation of -0.57 indicates that roughly 57.0% of current 06406RAR8 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.57 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.58 |
BK 165 28 lagged returns against current returns
Autocorrelation, which is 06406RAR8 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 06406RAR8's bond expected returns. We can calculate the autocorrelation of 06406RAR8 returns to help us make a trade decision. For example, suppose you find that 06406RAR8 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 |
06406RAR8 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 06406RAR8 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 06406RAR8 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 06406RAR8 bond over time.
Current vs Lagged Prices |
| Timeline |
06406RAR8 Lagged Returns
When evaluating 06406RAR8's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 06406RAR8 bond have on its future price. 06406RAR8 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, 06406RAR8 autocorrelation shows the relationship between 06406RAR8 bond current value and its past values and can show if there is a momentum factor associated with investing in BK 165 28 JAN 31.
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 06406RAR8 Bond
06406RAR8 financial ratios help investors to determine whether 06406RAR8 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 06406RAR8 with respect to the benefits of owning 06406RAR8 security.